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The differences between requirements analysts and contractor-business analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a requirements analyst and a contractor-business analyst. Additionally, a contractor-business analyst has an average salary of $87,402, which is higher than the $86,493 average annual salary of a requirements analyst.
The top three skills for a requirements analyst include DOD, architecture and project management. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Requirements Analyst | Contractor-Business Analyst | |
| Yearly salary | $86,493 | $87,402 |
| Hourly rate | $41.58 | $42.02 |
| Growth rate | 9% | 9% |
| Number of jobs | 112,266 | 147,698 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| Average age | 43 | 43 |
| Years of experience | 6 | 6 |
To make programs and projects work, a requirements analyst must perform extensive research and analysis to identify and understand its needs. In the information technology industry, a requirements analyst is primarily in charge of gathering and analyzing feedback from clients, producing comprehensive reports, and presenting them to the software development teams. Moreover, a requirements analyst is also in charge of bridging the communication between stakeholders and information technology workforce for an efficient and smooth workflow, updating them with progress reports as needed.
A contractor-business analyst is responsible for analyzing business processes and strategizing on efficient project management techniques to enhance productivity goals and achieve maximum performance. Contractor-business analysts conduct data and statistical analysis to determine areas of improvement and identify business opportunities that would generate more revenue resources and increase profits. They also review client accounts, measure sales performance, and design solutions by utilizing various software applications and system tools. A contractor-business analyst advises the management of necessary training for the staff to enhance services and close more business partnerships.
Requirements analysts and contractor-business analysts have different pay scales, as shown below.
| Requirements Analyst | Contractor-Business Analyst | |
| Average salary | $86,493 | $87,402 |
| Salary range | Between $63,000 And $118,000 | Between $62,000 And $122,000 |
| Highest paying City | - | - |
| Highest paying state | California | - |
| Best paying company | - | - |
| Best paying industry | Transportation | - |
There are a few differences between a requirements analyst and a contractor-business analyst in terms of educational background:
| Requirements Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between requirements analysts' and contractor-business analysts' demographics:
| Requirements Analyst | Contractor-Business Analyst | |
| Average age | 43 | 43 |
| Gender ratio | Male, 50.7% Female, 49.3% | Male, 50.4% Female, 49.6% |
| Race ratio | Black or African American, 10.3% Unknown, 5.0% Hispanic or Latino, 11.1% Asian, 14.5% White, 58.8% American Indian and Alaska Native, 0.2% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 8% |