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The differences between product analysts and technical business 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 product analyst and a technical business analyst. Additionally, a technical business analyst has an average salary of $81,757, which is higher than the $79,316 average annual salary of a product analyst.
The top three skills for a product analyst include tableau, data analysis and product management. The most important skills for a technical business analyst are project management, business analysis, and business processes.
| Product Analyst | Technical Business Analyst | |
| Yearly salary | $79,316 | $81,757 |
| Hourly rate | $38.13 | $39.31 |
| Growth rate | 11% | 11% |
| Number of jobs | 176,369 | 203,686 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.
As a technical business analyst, one oversees the technical business project and solution implementation. Technical business analysts work with the technical team members and stakeholders for the mapping, analysis, and documentation of business projects and processes. People in the business world consider them as market technicians, chartists, securities traders, or researchers. The job also involves the documentation of redesigned computer systems and applications. Skills in computer programming, leadership, communication, and management are necessary.
Product analysts and technical business analysts have different pay scales, as shown below.
| Product Analyst | Technical Business Analyst | |
| Average salary | $79,316 | $81,757 |
| Salary range | Between $56,000 And $111,000 | Between $62,000 And $106,000 |
| Highest paying City | Seattle, WA | Washington, DC |
| Highest paying state | Washington | New Jersey |
| Best paying company | Meta | Meta |
| Best paying industry | Technology | Technology |
There are a few differences between a product analyst and a technical business analyst in terms of educational background:
| Product Analyst | Technical Business Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 70% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Northwestern University |
Here are the differences between product analysts' and technical business analysts' demographics:
| Product Analyst | Technical Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 53.2% Female, 46.8% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |