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The differences between senior lead analysts and lead business analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a senior lead analyst, becoming a lead business analyst takes usually requires 2-4 years. Additionally, a senior lead analyst has an average salary of $123,075, which is higher than the $107,171 average annual salary of a lead business analyst.
The top three skills for a senior lead analyst include project management, java and SAS. The most important skills for a lead business analyst are project management, scrum, and business analysis.
| Senior Lead Analyst | Lead Business Analyst | |
| Yearly salary | $123,075 | $107,171 |
| Hourly rate | $59.17 | $51.52 |
| Growth rate | 9% | 11% |
| Number of jobs | 116,353 | 126,509 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Average age | 43 | 44 |
| Years of experience | 6 | 4 |
A senior lead analyst focuses on providing analytical services and administrative support to an organization. Their job entails conducting extensive market research and analyses, studying consumers and competitors, determining potential resources, coordinating documentation, identifying the strengths and weaknesses of particular business areas, and establishing business plans and forecasts. Through their research findings, they can shed light on various issues or concerns and help the company navigate to different procedures and ventures. Moreover, a senior lead analyst has the authority to lead and supervise junior analysts while adhering to company policies and standards.
A lead business analyst utilizes data and analytical skills to plan, develop, and implement business systems and operations to help a company attain its short and long-term goals. Their duties focus on conducting market research and assessments, gathering and analyzing data, studying consumers and competitors in the industry, and identifying the strengths and weaknesses in existing systems. They also conduct risk assessments, create business models and forecasts, and identify solutions against potential or existing issues. Additionally, through their research findings, they develop recommendations in adherence to company standards and regulations.
Senior lead analysts and lead business analysts have different pay scales, as shown below.
| Senior Lead Analyst | Lead Business Analyst | |
| Average salary | $123,075 | $107,171 |
| Salary range | Between $93,000 And $161,000 | Between $82,000 And $139,000 |
| Highest paying City | New York, NY | San Francisco, CA |
| Highest paying state | New York | Washington |
| Best paying company | Cheniere Energy | Citi |
| Best paying industry | Finance | Finance |
There are a few differences between a senior lead analyst and a lead business analyst in terms of educational background:
| Senior Lead Analyst | Lead Business Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Stanford University | Northwestern University |
Here are the differences between senior lead analysts' and lead business analysts' demographics:
| Senior Lead Analyst | Lead Business Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 67.6% Female, 32.4% | Male, 55.3% Female, 44.7% |
| Race ratio | Black or African American, 10.5% Unknown, 5.0% Hispanic or Latino, 11.2% Asian, 14.5% White, 58.5% American Indian and Alaska Native, 0.2% | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.2% White, 65.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 8% | 12% |