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The differences between management analysts and pricing analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a management analyst, becoming a pricing analyst takes usually requires 4-6 years. Additionally, a management analyst has an average salary of $69,804, which is higher than the $64,168 average annual salary of a pricing analyst.
The top three skills for a management analyst include customer service, project management and logistics. The most important skills for a pricing analyst are pricing strategy, strong analytical, and customer service.
| Management Analyst | Pricing Analyst | |
| Yearly salary | $69,804 | $64,168 |
| Hourly rate | $33.56 | $30.85 |
| Growth rate | 11% | 19% |
| Number of jobs | 169,171 | 73,462 |
| Job satisfaction | 5 | 5 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 75% |
| Average age | 44 | 37 |
| Years of experience | 4 | 6 |
A management analyst is responsible for monitoring the efficiency and effectiveness of management operations, providing strategic advice and procedures to improve its services, and building excellent relationships with customers and business partners. Management analysts identify business opportunities that would help the business generate more revenues and meet long-term profitability goals. They develop techniques in maximizing productivity and optimization, recommending new systems, and upgrading existing processes. A management analyst must have excellent critical thinking and communication skills, especially when evaluating complex data and performance reports.
Pricing analysts are responsible for examining competitors' pricing strategies and industry standards to aid businesses in determining and setting competitive pricing. These professionals study consumer habits and behavior to gauge their willingness to pay for products and examine consumer spending. They conduct impact and mathematical analyses, and large-scale research to come up with their conclusions. Other duties and responsibilities include developing revenue forecasts and statistical models, monitoring industry trends, and developing pricing tools that can quickly respond to the rapidly changing market trends and needs.
Management analysts and pricing analysts have different pay scales, as shown below.
| Management Analyst | Pricing Analyst | |
| Average salary | $69,804 | $64,168 |
| Salary range | Between $49,000 And $98,000 | Between $46,000 And $89,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | The Citadel | Apple |
| Best paying industry | Professional | Finance |
There are a few differences between a management analyst and a pricing analyst in terms of educational background:
| Management Analyst | Pricing Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 75% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between management analysts' and pricing analysts' demographics:
| Management Analyst | Pricing Analyst | |
| Average age | 44 | 37 |
| Gender ratio | Male, 46.5% Female, 53.5% | Male, 53.3% Female, 46.7% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 12.7% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 5.0% Unknown, 5.0% Hispanic or Latino, 12.0% Asian, 13.0% White, 64.9% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 12% | 10% |