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The differences between senior business analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior business analyst, becoming an analyst lead takes usually requires 4-6 years. Additionally, a senior business analyst has an average salary of $96,844, which is higher than the $95,264 average annual salary of an analyst lead.
The top three skills for a senior business analyst include project management, business analysis and data analysis. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Senior Business Analyst | Analyst Lead | |
| Yearly salary | $96,844 | $95,264 |
| Hourly rate | $46.56 | $45.80 |
| Growth rate | 9% | 9% |
| Number of jobs | 129,426 | 122,353 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
A Senior Business Analyst's responsibilities may vary upon the organization or company. However, most of the time, the duties will focus on overseeing a company's business operation to analyze risks and come up with strategies that would boost financial gains and company efficiency. A Senior Business Analyst will work closely with various teams while monitoring and evaluating their performance and progress, coordinate with departments, lead fellow skilled professionals, gather and analyze data, and identify opportunities. All while prioritizing customer satisfaction and adhering to the company policies and standards.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Senior business analysts and analyst leads have different pay scales, as shown below.
| Senior Business Analyst | Analyst Lead | |
| Average salary | $96,844 | $95,264 |
| Salary range | Between $72,000 And $129,000 | Between $74,000 And $122,000 |
| Highest paying City | San Mateo, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | |
| Best paying industry | Finance | Finance |
There are a few differences between a senior business analyst and an analyst lead in terms of educational background:
| Senior Business Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Pennsylvania |
Here are the differences between senior business analysts' and analyst leads' demographics:
| Senior Business Analyst | Analyst Lead | |
| Average age | 44 | 43 |
| Gender ratio | Male, 56.0% Female, 44.0% | Male, 62.4% Female, 37.6% |
| Race ratio | 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% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 8% |