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The differences between principal business analysts and process 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 principal business analyst and a process analyst. Additionally, a principal business analyst has an average salary of $115,081, which is higher than the $73,233 average annual salary of a process analyst.
The top three skills for a principal business analyst include provide management, shared services and project management. The most important skills for a process analyst are process improvement, project management, and customer service.
| Principal Business Analyst | Process Analyst | |
| Yearly salary | $115,081 | $73,233 |
| Hourly rate | $55.33 | $35.21 |
| Growth rate | 11% | 11% |
| Number of jobs | 164,208 | 123,238 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A principal business analyst provides analytical services to recommend strategies that will optimize business operations. Among their responsibilities include gathering and analyzing data, understanding the purpose and needs of daily operations, performing market research and analysis to identify trends and opportunities, determine the strengths and weaknesses of current procedures, and develop solutions against problem areas. They must also conduct risk assessments, maintain documentation, and present findings through reports and presentations. Moreover, a principal business analyst must lead and encourage staff to reach goals while implementing and promoting the company's policies and regulations.
A process analyst is also known as an operations research analyst, who evaluates in detail the steps in producing products and making important decisions as well as providing recommendations on how to enhance them. They are IT specialists that analyze the business process and workflows to determine how they can be computerized and improved. Responsibilities include identifying problems and risks as well as engaging in problem resolution. Important skills to consider for applicants include being innovative thinkers and goal-oriented.
Principal business analysts and process analysts have different pay scales, as shown below.
| Principal Business Analyst | Process Analyst | |
| Average salary | $115,081 | $73,233 |
| Salary range | Between $88,000 And $150,000 | Between $49,000 And $108,000 |
| Highest paying City | Seattle, WA | Santa Clara, CA |
| Highest paying state | Washington | Connecticut |
| Best paying company | Mayo Clinic | Apple |
| Best paying industry | Pharmaceutical | Finance |
There are a few differences between a principal business analyst and a process analyst in terms of educational background:
| Principal Business Analyst | Process Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between principal business analysts' and process analysts' demographics:
| Principal Business Analyst | Process Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.8% Female, 39.2% | Male, 50.8% Female, 49.2% |
| 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, 8.2% Unknown, 4.5% Hispanic or Latino, 9.0% Asian, 12.2% White, 66.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |