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The differences between reporting analysts and 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 reporting analyst and a business analyst. Additionally, a business analyst has an average salary of $74,431, which is higher than the $73,478 average annual salary of a reporting analyst.
The top three skills for a reporting analyst include power bi, data analysis and dashboards. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Reporting Analyst | Business Analyst | |
| Yearly salary | $73,478 | $74,431 |
| Hourly rate | $35.33 | $35.78 |
| Growth rate | 11% | 9% |
| Number of jobs | 87,731 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
As a reporting analyst, you are responsible for collecting relevant reports, analyzing raw data, writing, and delivering executive-ready qualitative and/or quantitative reports as per clients' requirements. The results collected will be communicated to managers or clients, who will then provide suggestions based on their findings. This person must have excellent quantitative & qualitative analytical skills, a strong eye for detail, strong organizational and multitasking abilities, and be able to work on tight deadlines. Intermediate to advanced knowledge of Excel is a must for this position.
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.
Reporting analysts and business analysts have different pay scales, as shown below.
| Reporting Analyst | Business Analyst | |
| Average salary | $73,478 | $74,431 |
| Salary range | Between $56,000 And $95,000 | Between $53,000 And $103,000 |
| Highest paying City | San Francisco, CA | Mountain View, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Meta | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a reporting analyst and a business analyst in terms of educational background:
| Reporting Analyst | Business Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Stanford University |
Here are the differences between reporting analysts' and business analysts' demographics:
| Reporting Analyst | Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 54.1% Female, 45.9% | Male, 53.9% Female, 46.1% |
| Race ratio | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.4% White, 65.0% American Indian and Alaska Native, 0.2% | 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 | 12% | 11% |