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The differences between lead business systems analysts and business & finance analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a lead business systems analyst, becoming a business & finance analyst takes usually requires 2-4 years. Additionally, a lead business systems analyst has an average salary of $106,313, which is higher than the $70,514 average annual salary of a business & finance analyst.
The top three skills for a lead business systems analyst include project management, business process and user stories. The most important skills for a business & finance analyst are financial analysis, business analysis, and shared services.
| Lead Business Systems Analyst | Business & Finance Analyst | |
| Yearly salary | $106,313 | $70,514 |
| Hourly rate | $51.11 | $33.90 |
| Growth rate | 9% | 9% |
| Number of jobs | 176,106 | 168,111 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Average age | 43 | 40 |
| Years of experience | 6 | 4 |
A lead business systems analyst is responsible for determining business solutions by creating system applications that would support business operations and maximize the efficiency and productivity of staff. Lead business systems analysts design system controls and develop efficient interfaces according to business requirements and client specifications. They modify system codes and perform configuration, requiring them to have a strong command of programming languages and computer navigation. A lead business systems analyst writes technical reports and organizes instructional manuals for troubleshooting and user reference.
A financial business analyst is also referred to as a business analyst who recommends and enforces corporate efficiency and profitability methods. Financial business analysts analyze the business model and finances of an organization. Their findings serve as the source of their suggestions to improve businesses' budgeting, management, and overall operations. They have the ability to predict the outcome of the decisions made by enterprises. The skills necessary for this job include interpersonal skills, management experience, financial reporting, and strong communication skills.
Lead business systems analysts and business & finance analysts have different pay scales, as shown below.
| Lead Business Systems Analyst | Business & Finance Analyst | |
| Average salary | $106,313 | $70,514 |
| Salary range | Between $82,000 And $137,000 | Between $50,000 And $99,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Washington |
| Best paying company | ||
| Best paying industry | Technology | Finance |
There are a few differences between a lead business systems analyst and a business & finance analyst in terms of educational background:
| Lead Business Systems Analyst | Business & Finance Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between lead business systems analysts' and business & finance analysts' demographics:
| Lead Business Systems Analyst | Business & Finance Analyst | |
| Average age | 43 | 40 |
| Gender ratio | Male, 53.5% Female, 46.5% | Male, 55.6% Female, 44.4% |
| Race ratio | Black or African American, 9.7% Unknown, 5.0% Hispanic or Latino, 11.2% Asian, 20.6% White, 53.3% American Indian and Alaska Native, 0.2% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 8% | 7% |