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The differences between senior research managers and 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 research manager and a research analyst. Additionally, a senior research manager has an average salary of $104,701, which is higher than the $70,232 average annual salary of a research analyst.
The top three skills for a senior research manager include project management, data collection and powerpoint. The most important skills for a research analyst are data analysis, data collection, and research projects.
| Senior Research Manager | Research Analyst | |
| Yearly salary | $104,701 | $70,232 |
| Hourly rate | $50.34 | $33.77 |
| Growth rate | 19% | 19% |
| Number of jobs | 50,561 | 81,374 |
| Job satisfaction | - | 4.5 |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| Average age | 37 | 37 |
| Years of experience | 6 | 6 |
A senior research manager is an executive professional who manages the integration of internal and external information sources to deliver exceptional insights to clients and contribute to the development of a company's strategic research framework. Senior research managers are required to demonstrate extensive knowledge of products and services so that they can identify and propose potential opportunities with existing and new clients. They must supervise a team to ensure flawless execution of all market research projects from design to delivery. Senior research managers must also mentor staff to build client understanding across all disciplines.
A research analyst is responsible for providing a company with insights and advice concerning finance, investments, and expenditures. Utilizing their analytical skills and extensive expertise in marketing, they analyze the trends and significant factors to conclude which decision should be the best to make. They can also take part in conducting an in-depth analysis of a business and examine which areas require improvement or has potential. Furthermore, they may work with a company or independently as a freelance analyst.
Senior research managers and research analysts have different pay scales, as shown below.
| Senior Research Manager | Research Analyst | |
| Average salary | $104,701 | $70,232 |
| Salary range | Between $66,000 And $164,000 | Between $45,000 And $107,000 |
| Highest paying City | Olympia, WA | Seattle, WA |
| Highest paying state | Washington | Washington |
| Best paying company | Macerich | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a senior research manager and a research analyst in terms of educational background:
| Senior Research Manager | Research Analyst | |
| Most common degree | Bachelor's Degree, 65% | Bachelor's Degree, 70% |
| Most common major | Marketing | Business |
| Most common college | University of Georgia | University of Georgia |
Here are the differences between senior research managers' and research analysts' demographics:
| Senior Research Manager | Research Analyst | |
| Average age | 37 | 37 |
| Gender ratio | Male, 50.9% Female, 49.1% | Male, 50.8% Female, 49.2% |
| Race ratio | Black or African American, 4.8% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.4% White, 64.5% American Indian and Alaska Native, 0.1% | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.3% Asian, 14.3% White, 64.7% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 10% | 10% |