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The differences between commercial analysts and business analyst-product owners 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-product owner takes usually requires 4-6 years. Additionally, a business analyst-product owner has an average salary of $100,087, 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-product owner are user stories, acceptance criteria, and jira.
| Commercial Analyst | Business Analyst-Product Owner | |
| Yearly salary | $83,036 | $100,087 |
| Hourly rate | $39.92 | $48.12 |
| Growth rate | 9% | 9% |
| Number of jobs | 54,953 | 175,034 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 61% |
| Average age | 39 | 43 |
| Years of experience | 2 | 6 |
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-product owner is responsible for monitoring the product management procedures, ensuring that the services accurately reach the target audience on a wide range of platforms. Business analysts-product owners utilize their business expertise, discussing the product's conceptualization to final deliverables. They conduct multiple quality control processes, comply with internal guidelines and state regulations, and adhere to the budget limitations and deadlines. A business analyst-product owner coordinates with the clients and stakeholders to discuss product plans and their impact on the financial stability of the organization.
Commercial analysts and business analyst-product owners have different pay scales, as shown below.
| Commercial Analyst | Business Analyst-Product Owner | |
| Average salary | $83,036 | $100,087 |
| Salary range | Between $60,000 And $114,000 | Between $73,000 And $136,000 |
| Highest paying City | New York, NY | Redwood City, CA |
| Highest paying state | New York | Oregon |
| Best paying company | Meta | JPMorgan Chase & Co. |
| Best paying industry | Energy | Professional |
There are a few differences between a commercial analyst and a business analyst-product owner in terms of educational background:
| Commercial Analyst | Business Analyst-Product Owner | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 61% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | Stanford University |
Here are the differences between commercial analysts' and business analyst-product owners' demographics:
| Commercial Analyst | Business Analyst-Product Owner | |
| Average age | 39 | 43 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 61.1% Female, 38.9% |
| 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, 9.5% Unknown, 5.0% Hispanic or Latino, 10.7% Asian, 20.5% White, 54.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 8% |