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The differences between commercial analysts and business analyst-consultants can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 1-2 years to become a commercial analyst, becoming a business analyst-consultant takes usually requires 2-4 years. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $83,036 average annual salary of a commercial analyst.
The top three skills for a commercial analyst include portfolio, data analysis and financial statements. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Commercial Analyst | Business Analyst-Consultant | |
| Yearly salary | $83,036 | $90,127 |
| Hourly rate | $39.92 | $43.33 |
| Growth rate | 9% | 11% |
| Number of jobs | 54,953 | 166,560 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Average age | 39 | 44 |
| Years of experience | 2 | 4 |
A commercial analyst is responsible for evaluating the performance of business operations in the market, including consumer demands and sales analysis. Commercial analysts monitor the market trends, identifying business opportunities that would generate more revenue resources for the business, as well as developing strategic approaches to attract potential clients and maintain long-lasting business relationships. They also manage the company's financial stability, reviewing competitors' activities, and recommending methods to maximize production operations and achieve the highest customer satisfaction.
A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.
Commercial analysts and business analyst-consultants have different pay scales, as shown below.
| Commercial Analyst | Business Analyst-Consultant | |
| Average salary | $83,036 | $90,127 |
| Salary range | Between $60,000 And $114,000 | Between $66,000 And $122,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | California |
| Best paying company | Meta | BNY Mellon |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and a business analyst-consultant in terms of educational background:
| Commercial Analyst | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Northwestern University |
Here are the differences between commercial analysts' and business analyst-consultants' demographics:
| Commercial Analyst | Business Analyst-Consultant | |
| Average age | 39 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 53.1% Female, 46.9% |
| Race ratio | Black or African American, 8.1% Unknown, 2.7% Hispanic or Latino, 9.7% Asian, 10.7% White, 68.5% American Indian and Alaska Native, 0.3% | 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 | 11% | 12% |