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Business planning analyst vs business analyst-consultant

The differences between business planning analysts and business analyst-consultants 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 a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $75,822 average annual salary of a business planning analyst.

The top three skills for a business planning analyst include project management, HR and financial analysis. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.

Business planning analyst vs business analyst-consultant overview

Business Planning AnalystBusiness Analyst-Consultant
Yearly salary$75,822$90,127
Hourly rate$36.45$43.33
Growth rate11%11%
Number of jobs146,438166,560
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Average age4444
Years of experience44

What does a business planning analyst do?

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.

What does a business analyst-consultant do?

A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.

Business planning analyst vs business analyst-consultant salary

Business planning analysts and business analyst-consultants have different pay scales, as shown below.

Business Planning AnalystBusiness Analyst-Consultant
Average salary$75,822$90,127
Salary rangeBetween $57,000 And $100,000Between $66,000 And $122,000
Highest paying CityNew York, NYWashington, DC
Highest paying stateNew YorkCalifornia
Best paying companyMetaBNY Mellon
Best paying industryFinanceFinance

Differences between business planning analyst and business analyst-consultant education

There are a few differences between a business planning analyst and a business analyst-consultant in terms of educational background:

Business Planning AnalystBusiness Analyst-Consultant
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Business planning analyst vs business analyst-consultant demographics

Here are the differences between business planning analysts' and business analyst-consultants' demographics:

Business Planning AnalystBusiness Analyst-Consultant
Average age4444
Gender ratioMale, 52.4% Female, 47.6%Male, 53.1% Female, 46.9%
Race ratioBlack 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2%
LGBT Percentage12%12%

Differences between business planning analyst and business analyst-consultant duties and responsibilities

Business planning analyst example responsibilities.

  • Lead monthly and quarterly EAC forecasting and consolidate forecasts in support of corporate financial reporting.
  • Test ERP layout to ensure the system is meeting corporate needs.
  • Assist in training curriculum to enable users to explore and interact with ERP data.
  • Write SQL query to retrieve processing volume for each revenue/cost items associate with newly approve merchant accounts.
  • Track the budget periodically by generating reports using Hyperion reporting tool.
  • Monitor and maintain various account reconciliations for internal and external audit requirements, compliance controls, and other special analysis requests.
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Business analyst-consultant example responsibilities.

  • Create process flow charts in VISIO and perform analysis to automate manual daily load processes.
  • Monitor and manage project KPIs relative to the definition, design and delivery of business & functional requirements.
  • Manage UAT for provider locator website and call center replacement implementations.
  • Lead requirements discovery for third-party off-shore development team and facilitate JAD sessions to solidify requirements and build consensus for application design.
  • Manage integrated functionality & technology dependencies, usability, reliability, performance and support requirements of legacy CRM and web applications.
  • Create flow charts in VISIO documenting system and departmental dependencies and recording results on Citibank's internal SharePoint system.
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Business planning analyst vs business analyst-consultant skills

Common business planning analyst skills
  • Project Management, 9%
  • HR, 6%
  • Financial Analysis, 6%
  • Process Improvement, 5%
  • Financial Performance, 5%
  • Help Support, 5%
Common business analyst-consultant skills
  • Strong Analytical, 10%
  • Business Process, 8%
  • Data Analysis, 7%
  • Project Management, 7%
  • Business Analysts, 6%
  • Process Improvement, 5%

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