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The differences between business planning analysts and junior business 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 a junior business analyst. Additionally, a business planning analyst has an average salary of $75,822, which is higher than the $69,642 average annual salary of a junior business analyst.
The top three skills for a business planning analyst include project management, HR and financial analysis. The most important skills for a junior business analyst are user stories, test cases, and strong analytical.
| Business Planning Analyst | Junior Business Analyst | |
| Yearly salary | $75,822 | $69,642 |
| Hourly rate | $36.45 | $33.48 |
| Growth rate | 11% | 11% |
| Number of jobs | 146,438 | 136,424 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| 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.
Junior business analysts work with senior business analysts and project teams to ensure the applications or products in development comply with end-user needs. Their primary responsibility is data analysis, in which they report the findings to the senior business analysts as well as the developers. Other duties and responsibilities include analyzing the impact of projects on business outcomes, collecting systems information, and giving feedback to developers who work on the deliverables. Junior business analysts are also expected to contribute to the development of test scripts and test plans.
Business planning analysts and junior business analysts have different pay scales, as shown below.
| Business Planning Analyst | Junior Business Analyst | |
| Average salary | $75,822 | $69,642 |
| Salary range | Between $57,000 And $100,000 | Between $54,000 And $88,000 |
| Highest paying City | New York, NY | Bellevue, WA |
| Highest paying state | New York | Washington |
| Best paying company | Meta | AIG |
| Best paying industry | Finance | Finance |
There are a few differences between a business planning analyst and a junior business analyst in terms of educational background:
| Business Planning Analyst | Junior Business Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business planning analysts' and junior business analysts' demographics:
| Business Planning Analyst | Junior Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 52.4% Female, 47.6% | Male, 50.9% Female, 49.1% |
| 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, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |