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The differences between change management analysts and product 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 change management analyst and a product analyst. Additionally, a product analyst has an average salary of $79,316, which is higher than the $77,078 average annual salary of a change management analyst.
The top three skills for a change management analyst include organizational change management, project management and metrics. The most important skills for a product analyst are tableau, data analysis, and product management.
| Change Management Analyst | Product Analyst | |
| Yearly salary | $77,078 | $79,316 |
| Hourly rate | $37.06 | $38.13 |
| Growth rate | 11% | 11% |
| Number of jobs | 178,541 | 176,369 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A change management analyst is in charge of providing analytical support to a company when it comes to implementing changes in existing systems and procedures. They are typically responsible for coordinating with different departments to gather necessary data, performing extensive research and analysis on company operations and market conditions, identifying the strengths and weaknesses in current systems, and determining areas needing improvement. Furthermore, as an analyst, it is essential to summarize findings into reports and presentations, recommending solutions for optimal operations.
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
Change management analysts and product analysts have different pay scales, as shown below.
| Change Management Analyst | Product Analyst | |
| Average salary | $77,078 | $79,316 |
| Salary range | Between $58,000 And $101,000 | Between $56,000 And $111,000 |
| Highest paying City | Jersey City, NJ | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Nike | Meta |
| Best paying industry | Finance | Technology |
There are a few differences between a change management analyst and a product analyst in terms of educational background:
| Change Management Analyst | Product Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 73% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between change management analysts' and product analysts' demographics:
| Change Management Analyst | Product Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 51.2% Female, 48.8% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 13.1% White, 65.0% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |