Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior business analysts and product managers 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 product manager takes usually requires 8-10 years. Additionally, a product manager has an average salary of $111,729, which is higher than the $96,844 average annual salary of a senior 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 product manager are product management, QA, and product strategy.
| Senior Business Analyst | Product Manager | |
| Yearly salary | $96,844 | $111,729 |
| Hourly rate | $46.56 | $53.72 |
| Growth rate | 9% | 10% |
| Number of jobs | 129,426 | 125,678 |
| Job satisfaction | 4 | 5 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Average age | 44 | 39 |
| Years of experience | 4 | 10 |
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 product manager is responsible for ensuring product development, providing the best marketing strategies, and effectively handling the sales and marketing team. Product managers' duties include monitoring the market trends and conditions, identifying business opportunities and plan initiatives, and collaborating the product launch process with the appropriate departments. A product manager is also responsible for generating ideas on improving product features, determining timetables and reasonable pricing, and analyzing product sales. A product manager must have excellent strategic and decision-making skills to contribute to its growth and profitability.
Senior business analysts and product managers have different pay scales, as shown below.
| Senior Business Analyst | Product Manager | |
| Average salary | $96,844 | $111,729 |
| Salary range | Between $72,000 And $129,000 | Between $81,000 And $152,000 |
| Highest paying City | San Mateo, CA | San Francisco, CA |
| Highest paying state | California | California |
| Best paying company | Meta | Meta |
| Best paying industry | Finance | Retail |
There are a few differences between a senior business analyst and a product manager in terms of educational background:
| Senior Business Analyst | Product Manager | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 72% |
| Most common major | Business | Business |
| Most common college | Stanford University | University of Georgia |
Here are the differences between senior business analysts' and product managers' demographics:
| Senior Business Analyst | Product Manager | |
| Average age | 44 | 39 |
| Gender ratio | Male, 56.0% Female, 44.0% | Male, 65.3% Female, 34.7% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 11% | 10% |