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The differences between buying analysts and technical business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a buying analyst, becoming a technical business analyst takes usually requires 2-4 years. Additionally, a technical business analyst has an average salary of $81,757, which is higher than the $77,425 average annual salary of a buying analyst.
The top three skills for a buying analyst include purchase orders, delivery schedules and MRP. The most important skills for a technical business analyst are project management, business analysis, and business processes.
| Buying Analyst | Technical Business Analyst | |
| Yearly salary | $77,425 | $81,757 |
| Hourly rate | $37.22 | $39.31 |
| Growth rate | 11% | 11% |
| Number of jobs | 22,966 | 203,686 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Average age | 48 | 44 |
| Years of experience | 6 | 4 |
A buying analyst specializes in conducting extensive market research and analysis to develop conclusions and recommendations that will help companies in making purchase decisions. They focus on studying the suppliers and competing companies, gathering and analyzing consumer feedback, performing audits and risk assessments, and making forecast models. They may also assess and evaluate external parties, such as vendors and distributors. Through the findings of their research, a buying analyst may also help in establishing guidelines, protocols, and methods to optimize business operations and develop solutions against problem areas.
As a technical business analyst, one oversees the technical business project and solution implementation. Technical business analysts work with the technical team members and stakeholders for the mapping, analysis, and documentation of business projects and processes. People in the business world consider them as market technicians, chartists, securities traders, or researchers. The job also involves the documentation of redesigned computer systems and applications. Skills in computer programming, leadership, communication, and management are necessary.
Buying analysts and technical business analysts have different pay scales, as shown below.
| Buying Analyst | Technical Business Analyst | |
| Average salary | $77,425 | $81,757 |
| Salary range | Between $52,000 And $113,000 | Between $62,000 And $106,000 |
| Highest paying City | Palo Alto, CA | Washington, DC |
| Highest paying state | Washington | New Jersey |
| Best paying company | YellowHammer | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a buying analyst and a technical business analyst in terms of educational background:
| Buying Analyst | Technical Business Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between buying analysts' and technical business analysts' demographics:
| Buying Analyst | Technical Business Analyst | |
| Average age | 48 | 44 |
| Gender ratio | Male, 52.2% Female, 47.8% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 9.1% Unknown, 4.4% Hispanic or Latino, 12.4% Asian, 7.4% White, 65.9% American Indian and Alaska Native, 0.8% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 7% | 12% |