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The differences between business strategists and business analyst/project managers 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/project manager takes usually requires 2-4 years. Additionally, a business analyst/project manager has an average salary of $99,882, 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/project manager are project management, business stakeholders, and business process.
| Business Strategist | Business Analyst/Project Manager | |
| Yearly salary | $62,796 | $99,882 |
| Hourly rate | $30.19 | $48.02 |
| Growth rate | 10% | 11% |
| Number of jobs | 100,217 | 173,827 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| 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/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 strategists and business analyst/project managers have different pay scales, as shown below.
| Business Strategist | Business Analyst/Project Manager | |
| Average salary | $62,796 | $99,882 |
| Salary range | Between $33,000 And $117,000 | Between $72,000 And $137,000 |
| Highest paying City | San Francisco, CA | New York, NY |
| Highest paying state | Washington | New York |
| Best paying company | VMware | Citi |
| Best paying industry | - | Finance |
There are a few differences between a business strategist and a business analyst/project manager in terms of educational background:
| Business Strategist | Business Analyst/Project Manager | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between business strategists' and business analyst/project managers' demographics:
| Business Strategist | Business Analyst/Project Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 62.2% Female, 37.8% | Male, 55.8% Female, 44.2% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |