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The differences between senior business analysts and contractor-business analysts 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 a contractor-business analyst takes usually requires 4-6 years. Additionally, a senior business analyst has an average salary of $96,844, which is higher than the $87,402 average annual salary of a contractor-business analyst.
The top three skills for a senior business analyst include project management, business analysis and data analysis. The most important skills for a contractor-business analyst are business process, project management, and data analysis.
| Senior Business Analyst | Contractor-Business Analyst | |
| Yearly salary | $96,844 | $87,402 |
| Hourly rate | $46.56 | $42.02 |
| Growth rate | 9% | 9% |
| Number of jobs | 129,426 | 147,698 |
| Job satisfaction | 4 | - |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| 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.
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.
Senior business analysts and contractor-business analysts have different pay scales, as shown below.
| Senior Business Analyst | Contractor-Business Analyst | |
| Average salary | $96,844 | $87,402 |
| Salary range | Between $72,000 And $129,000 | Between $62,000 And $122,000 |
| Highest paying City | San Mateo, CA | - |
| Highest paying state | California | - |
| Best paying company | Meta | - |
| Best paying industry | Finance | - |
There are a few differences between a senior business analyst and a contractor-business analyst in terms of educational background:
| Senior Business Analyst | Contractor-Business Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior business analysts' and contractor-business analysts' demographics:
| Senior Business Analyst | Contractor-Business Analyst | |
| Average age | 44 | 43 |
| Gender ratio | Male, 56.0% Female, 44.0% | Male, 50.4% Female, 49.6% |
| 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, 58.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 8% |