Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between business planning analysts and analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a business planning analyst and an analyst. Additionally, a business planning analyst has an average salary of $75,822, which is higher than the $73,007 average annual salary of an analyst.
The top three skills for a business planning analyst include project management, HR and financial analysis. The most important skills for an analyst are customer service, troubleshoot, and data analysis.
| Business Planning Analyst | Analyst | |
| Yearly salary | $75,822 | $73,007 |
| Hourly rate | $36.45 | $35.10 |
| Growth rate | 11% | 11% |
| Number of jobs | 146,438 | 253,138 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business planning analyst specializes in performing research and analysis to develop business plans and models, ensuring efficiency and profitability. Their responsibilities revolve around devising strategies to improve existing systems and procedures, coordinating with different departments to gather data, determining areas needing improvement, and identifying new market and sales opportunities. Furthermore, a business planning analyst may perform clerical tasks such as creating presentations, producing progress reports, maintaining records of all research and data, and managing budgets and expenditures.
Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.
Business planning analysts and analysts have different pay scales, as shown below.
| Business Planning Analyst | Analyst | |
| Average salary | $75,822 | $73,007 |
| Salary range | Between $57,000 And $100,000 | Between $53,000 And $99,000 |
| Highest paying City | New York, NY | Jersey City, NJ |
| Highest paying state | New York | New Jersey |
| Best paying company | Meta | The Citadel |
| Best paying industry | Finance | Technology |
There are a few differences between a business planning analyst and an analyst in terms of educational background:
| Business Planning Analyst | Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business planning analysts' and analysts' demographics:
| Business Planning Analyst | Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 52.4% Female, 47.6% | Male, 52.4% Female, 47.6% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |