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The differences between commercial analysts and business analyst/project managers 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/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 $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/project manager are project management, business stakeholders, and business process.
| Commercial Analyst | Business Analyst/Project Manager | |
| Yearly salary | $83,036 | $99,882 |
| Hourly rate | $39.92 | $48.02 |
| Growth rate | 9% | 11% |
| Number of jobs | 54,953 | 173,827 |
| 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/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.
Commercial analysts and business analyst/project managers have different pay scales, as shown below.
| Commercial Analyst | Business Analyst/Project Manager | |
| Average salary | $83,036 | $99,882 |
| Salary range | Between $60,000 And $114,000 | Between $72,000 And $137,000 |
| Highest paying City | New York, NY | New York, NY |
| Highest paying state | New York | New York |
| Best paying company | Meta | Citi |
| Best paying industry | Energy | Finance |
There are a few differences between a commercial analyst and a business analyst/project manager in terms of educational background:
| Commercial Analyst | Business Analyst/Project Manager | |
| 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/project managers' demographics:
| Commercial Analyst | Business Analyst/Project Manager | |
| Average age | 39 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 55.8% Female, 44.2% |
| 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% |