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The differences between senior lead analysts and senior 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 senior 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 $96,844 average annual salary of a senior business analyst.
The top three skills for a senior lead analyst include project management, java and SAS. The most important skills for a senior business analyst are project management, business analysis, and data analysis.
| Senior Lead Analyst | Senior Business Analyst | |
| Yearly salary | $123,075 | $96,844 |
| Hourly rate | $59.17 | $46.56 |
| Growth rate | 9% | 9% |
| Number of jobs | 116,353 | 129,426 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| 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 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.
Senior lead analysts and senior business analysts have different pay scales, as shown below.
| Senior Lead Analyst | Senior Business Analyst | |
| Average salary | $123,075 | $96,844 |
| Salary range | Between $93,000 And $161,000 | Between $72,000 And $129,000 |
| Highest paying City | New York, NY | San Mateo, CA |
| Highest paying state | New York | California |
| Best paying company | Cheniere Energy | Meta |
| Best paying industry | Finance | Finance |
There are a few differences between a senior lead analyst and a senior business analyst in terms of educational background:
| Senior Lead Analyst | Senior Business Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Stanford University | Stanford University |
Here are the differences between senior lead analysts' and senior business analysts' demographics:
| Senior Lead Analyst | Senior Business Analyst | |
| Average age | 43 | 44 |
| Gender ratio | Male, 67.6% Female, 32.4% | Male, 56.0% Female, 44.0% |
| 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, 6.2% Unknown, 4.7% Hispanic or Latino, 8.8% Asian, 12.0% White, 67.7% American Indian and Alaska Native, 0.5% |
| LGBT Percentage | 8% | 11% |