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The differences between data analysts and business development 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 data analyst and a business development analyst. Additionally, a data analyst has an average salary of $74,342, which is higher than the $59,867 average annual salary of a business development analyst.
The top three skills for a data analyst include data analysis, python and power bi. The most important skills for a business development analyst are business development, market research, and project management.
| Data Analyst | Business Development Analyst | |
| Yearly salary | $74,342 | $59,867 |
| Hourly rate | $35.74 | $28.78 |
| Growth rate | 11% | 11% |
| Number of jobs | 167,520 | 185,387 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources. They are in charge of studying the available data, spotting trends, interpreting what the data and the trends mean, and recommending suggestions that will help the organization perform better. Their recommendations should also be relevant and backed up with strong analyses. Data analysts are expected to have a good grasp of the current market trends in the industry.
A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers. They must also perform clerical tasks such as producing progress reports and presentations, maintaining data, and monitoring schedules. Furthermore, as a business development analyst, it is essential to adhere to the company's policies and regulations, including its vision, mission, and goals.
Data analysts and business development analysts have different pay scales, as shown below.
| Data Analyst | Business Development Analyst | |
| Average salary | $74,342 | $59,867 |
| Salary range | Between $53,000 And $103,000 | Between $39,000 And $91,000 |
| Highest paying City | Richmond, CA | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | The Citadel | Microsoft |
| Best paying industry | Finance | Technology |
There are a few differences between a data analyst and a business development analyst in terms of educational background:
| Data Analyst | Business Development Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between data analysts' and business development analysts' demographics:
| Data Analyst | Business Development Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 50.2% Female, 49.8% | Male, 61.1% Female, 38.9% |
| Race ratio | 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% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |