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The differences between business solutions analysts and business & finance 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 solutions analyst and a business & finance analyst. Additionally, a business solutions analyst has an average salary of $90,258, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a business solutions analyst include user stories, user acceptance and business processes. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Business Solutions Analyst | Business & Finance Analyst | |
| Yearly salary | $90,258 | $70,514 |
| Hourly rate | $43.39 | $33.90 |
| Growth rate | 11% | 9% |
| Number of jobs | 195,032 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
Business Solutions Analysts are employees who work on business-related concerns. They have high business acumen and familiarity with the current business landscape. They keep up-to-date with industry trends to ensure that business operations are at par with standards. They also manage business-related data and identify areas for improvement. Upon identifying areas for improvement, these analysts then develop ways to address the business's needs. They ensure that the solutions they come up with are feasible and strong enough to impact.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Business solutions analysts and business & finance analysts have different pay scales, as shown below.
| Business Solutions Analyst | Business & Finance Analyst | |
| Average salary | $90,258 | $70,514 |
| Salary range | Between $68,000 And $118,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Levi Strauss & Co. | |
| Best paying industry | Technology | Finance |
There are a few differences between a business solutions analyst and a business & finance analyst in terms of educational background:
| Business Solutions Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between business solutions analysts' and business & finance analysts' demographics:
| Business Solutions Analyst | Business & Finance Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 55.6% Female, 44.4% |
| 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, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 7% |