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The differences between business requirements analysts and business analyst/project managers 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/project manager. Additionally, a business analyst/project manager has an average salary of $99,882, 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/project manager are project management, business stakeholders, and business process.
| Business Requirements Analyst | Business Analyst/Project Manager | |
| Yearly salary | $74,006 | $99,882 |
| Hourly rate | $35.58 | $48.02 |
| Growth rate | 11% | 11% |
| Number of jobs | 164,247 | 173,827 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 69% |
| 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.
A business analyst/project manager is responsible for developing project management procedures, analyzing processes, and ensuring the accuracy and efficiency of project deliverables, following clients' specifications and requirements to meet their highest satisfaction. Business analysts/project managers manage project resources, delegate tasks to project staff, setting deadlines, and coordinating with the clients for regular updates and suggest strategic adjustments as needed. They also mitigate potential risks and manage changes during the project execution, maintaining the quality of the outputs, and balancing costs to meet the clients' budget goals.
Business requirements analysts and business analyst/project managers have different pay scales, as shown below.
| Business Requirements Analyst | Business Analyst/Project Manager | |
| Average salary | $74,006 | $99,882 |
| Salary range | Between $58,000 And $92,000 | Between $72,000 And $137,000 |
| Highest paying City | - | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | - | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a business requirements analyst and a business analyst/project manager in terms of educational background:
| Business Requirements Analyst | Business Analyst/Project Manager | |
| Most common degree | Bachelor's Degree, 62% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business requirements analysts' and business analyst/project managers' demographics:
| Business Requirements Analyst | Business Analyst/Project Manager | |
| Average age | 44 | 44 |
| Gender ratio | Male, 46.9% Female, 53.1% | Male, 55.8% Female, 44.2% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |