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The differences between business requirements analysts and 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 requirements analyst and a business analyst. Additionally, a business analyst has an average salary of $74,431, which is higher than the $74,006 average annual salary of a business requirements analyst.
The top three skills for a business requirements analyst include user stories, business analysis and process improvement. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Business Requirements Analyst | Business Analyst | |
| Yearly salary | $74,006 | $74,431 |
| Hourly rate | $35.58 | $35.78 |
| Growth rate | 11% | 9% |
| Number of jobs | 164,247 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A business requirements analyst's job is to check if the business plan is doable, gather data, and document information needed to make the project come to reality. Some skills that are needed to become efficient in business analysis such as analytical thinking, knowledge in business structure, and interpersonal skills. Every business analyst has varying backgrounds and abilities. Therefore, choosing a project that is in line with a person's field of expertise is important to get good results. Their expert abilities vary widely from anywhere like construction, electronics, banking, and several others.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Business requirements analysts and business analysts have different pay scales, as shown below.
| Business Requirements Analyst | Business Analyst | |
| Average salary | $74,006 | $74,431 |
| Salary range | Between $58,000 And $92,000 | Between $53,000 And $103,000 |
| Highest paying City | - | Mountain View, CA |
| Highest paying state | New York | Washington |
| Best paying company | - | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a business requirements analyst and a business analyst in terms of educational background:
| Business Requirements Analyst | Business Analyst | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between business requirements analysts' and business analysts' demographics:
| Business Requirements Analyst | Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.9% Female, 53.1% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 12% | 11% |