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The differences between business solutions analysts and lead 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 solutions analyst and a lead business analyst. Additionally, a lead business analyst has an average salary of $107,171, which is higher than the $90,258 average annual salary of a business solutions analyst.
The top three skills for a business solutions analyst include user stories, user acceptance and business processes. The most important skills for a lead business analyst are project management, scrum, and business analysis.
| Business Solutions Analyst | Lead Business Analyst | |
| Yearly salary | $90,258 | $107,171 |
| Hourly rate | $43.39 | $51.52 |
| Growth rate | 11% | 11% |
| Number of jobs | 195,032 | 126,509 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| 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 lead business analyst utilizes data and analytical skills to plan, develop, and implement business systems and operations to help a company attain its short and long-term goals. Their duties focus on conducting market research and assessments, gathering and analyzing data, studying consumers and competitors in the industry, and identifying the strengths and weaknesses in existing systems. They also conduct risk assessments, create business models and forecasts, and identify solutions against potential or existing issues. Additionally, through their research findings, they develop recommendations in adherence to company standards and regulations.
Business solutions analysts and lead business analysts have different pay scales, as shown below.
| Business Solutions Analyst | Lead Business Analyst | |
| Average salary | $90,258 | $107,171 |
| Salary range | Between $68,000 And $118,000 | Between $82,000 And $139,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | Levi Strauss & Co. | Citi |
| Best paying industry | Technology | Finance |
There are a few differences between a business solutions analyst and a lead business analyst in terms of educational background:
| Business Solutions Analyst | Lead Business Analyst | |
| Most common degree | Bachelor's Degree, 69% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between business solutions analysts' and lead business analysts' demographics:
| Business Solutions Analyst | Lead Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 55.6% Female, 44.4% | Male, 55.3% Female, 44.7% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |