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The differences between business strategists and business analyst associates can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 8-10 years to become a business strategist, becoming a business analyst associate takes usually requires 2-4 years. Additionally, a business analyst associate has an average salary of $68,806, which is higher than the $62,796 average annual salary of a business strategist.
The top three skills for a business strategist include project management, digital marketing and client facing. The most important skills for a business analyst associate are healthcare, project management, and business processes.
| Business Strategist | Business Analyst Associate | |
| Yearly salary | $62,796 | $68,806 |
| Hourly rate | $30.19 | $33.08 |
| Growth rate | 10% | 11% |
| Number of jobs | 100,217 | 129,806 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Average age | 39 | 44 |
| Years of experience | 10 | 4 |
A business strategist is responsible for developing strategic plans that will help improve an organization to reach its goals and targets and improve profitability. You will analyze existing business strategies and practices and provide recommendations for improvements. Other duties include developing product development and marketing strategies, providing direction and motivating staff to complete new projects and implement new tactics, and preparing presentations to clients and corporate investors. As a business strategist, you are also responsible for consulting with management and reviewing staff performance.
A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.
Business strategists and business analyst associates have different pay scales, as shown below.
| Business Strategist | Business Analyst Associate | |
| Average salary | $62,796 | $68,806 |
| Salary range | Between $33,000 And $117,000 | Between $53,000 And $89,000 |
| Highest paying City | San Francisco, CA | Jersey City, NJ |
| Highest paying state | Washington | New Jersey |
| Best paying company | VMware | Edelman Financial Engines |
| Best paying industry | - | Finance |
There are a few differences between a business strategist and a business analyst associate in terms of educational background:
| Business Strategist | Business Analyst Associate | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between business strategists' and business analyst associates' demographics:
| Business Strategist | Business Analyst Associate | |
| Average age | 39 | 44 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 48.2% Female, 51.8% |
| Race ratio | Black or African American, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.3% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |