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The differences between operations analysts and business analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a business analyst has an average salary of $74,431, which is higher than the $63,082 average annual salary of an operations analyst.
The top three skills for an operations analyst include customer service, SQL and data analysis. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Operations Analyst | Business Analyst | |
| Yearly salary | $63,082 | $74,431 |
| Hourly rate | $30.33 | $35.78 |
| Growth rate | 23% | 9% |
| Number of jobs | 141,707 | 170,514 |
| Job satisfaction | 3 | 4 |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Average age | 45 | 44 |
| Years of experience | - | 4 |
Operations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager. Their work focuses on several areas, including maintaining trading systems and portfolio accounting, creating and verifying client performance files, and performing electronic operations reconciliation. To be qualified for this position, one should possess several qualities, including proficient computer skills, excellent communication skills, and attention to detail.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Operations analysts and business analysts have different pay scales, as shown below.
| Operations Analyst | Business Analyst | |
| Average salary | $63,082 | $74,431 |
| Salary range | Between $44,000 And $90,000 | Between $53,000 And $103,000 |
| Highest paying City | Jersey City, NJ | Mountain View, CA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Intuitive Surgical | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between an operations analyst and a business analyst in terms of educational background:
| Operations Analyst | Business Analyst | |
| Most common degree | Bachelor's Degree, 72% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Southern California | Stanford University |
Here are the differences between operations analysts' and business analysts' demographics:
| Operations Analyst | Business Analyst | |
| Average age | 45 | 44 |
| Gender ratio | Male, 58.8% Female, 41.2% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 12.6% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 11.2% White, 55.8% American Indian and Alaska Native, 0.6% | Black or African American, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 9% | 11% |