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The differences between senior product analysts and senior research analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a senior product analyst and a senior research analyst. Additionally, a senior product analyst has an average salary of $95,351, which is higher than the $75,056 average annual salary of a senior research analyst.
The top three skills for a senior product analyst include SQL, tableau and project management. The most important skills for a senior research analyst are analytics, data analysis, and data collection.
| Senior Product Analyst | Senior Research Analyst | |
| Yearly salary | $95,351 | $75,056 |
| Hourly rate | $45.84 | $36.08 |
| Growth rate | 19% | 19% |
| Number of jobs | 163,508 | 71,891 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
The senior product analyst is the one responsible for product assessment and monitoring its performance in the market. The product analyst's job is to get all the relevant data to enhance existing products and use such information to develop new products. The senior product analyst collaborates and coordinates with other product teams in the company, including the marketing department. The product analyst's primary goal is perfecting the product through continuous improvements made by data analysis from various sources of feedback.
The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.
Senior product analysts and senior research analysts have different pay scales, as shown below.
| Senior Product Analyst | Senior Research Analyst | |
| Average salary | $95,351 | $75,056 |
| Salary range | Between $70,000 And $128,000 | Between $57,000 And $98,000 |
| Highest paying City | San Francisco, CA | Olympia, WA |
| Highest paying state | California | Washington |
| Best paying company | Credit Karma | JPMorgan Chase & Co. |
| Best paying industry | Technology | Finance |
There are a few differences between a senior product analyst and a senior research analyst in terms of educational background:
| Senior Product Analyst | Senior Research Analyst | |
| Most common degree | Bachelor's Degree, 73% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior product analysts' and senior research analysts' demographics:
| Senior Product Analyst | Senior Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 53.6% Female, 46.4% | Male, 54.1% Female, 45.9% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.6% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |