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The differences between strategic analysts and 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 strategic analyst, becoming a business analyst takes usually requires 2-4 years. Additionally, a strategic analyst has an average salary of $79,476, which is higher than the $74,431 average annual salary of a business analyst.
The top three skills for a strategic analyst include data analysis, powerpoint and email marketing. The most important skills for a business analyst are project management, data analysis, and business analysis.
| Strategic Analyst | Business Analyst | |
| Yearly salary | $79,476 | $74,431 |
| Hourly rate | $38.21 | $35.78 |
| Growth rate | 19% | 9% |
| Number of jobs | 87,601 | 170,514 |
| Job satisfaction | - | 4 |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
Strategy analysts are professionals who lead the consulting sessions of organizations. The analysts do their duties with rate strategy proposals in line with corporate objectives. They manage a business, determine growth areas, and make model analysis for strategy recommendations. It is also their responsibility to utilize data to solve the primary problems of businesses. Also, they provide significant insights to help organizations. They need to develop skills in management, communication, strategic planning, and attention to detail.
Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.
Strategic analysts and business analysts have different pay scales, as shown below.
| Strategic Analyst | Business Analyst | |
| Average salary | $79,476 | $74,431 |
| Salary range | Between $56,000 And $112,000 | Between $53,000 And $103,000 |
| Highest paying City | Redmond, WA | Mountain View, CA |
| Highest paying state | Washington | Washington |
| Best paying company | Credit Karma | The Citadel |
| Best paying industry | Retail | Finance |
There are a few differences between a strategic analyst and a business analyst in terms of educational background:
| Strategic Analyst | Business Analyst | |
| Most common degree | Bachelor's Degree, 68% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Georgia | Stanford University |
Here are the differences between strategic analysts' and business analysts' demographics:
| Strategic Analyst | Business Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 56.3% Female, 43.7% | Male, 53.9% Female, 46.1% |
| Race ratio | 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% | 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 | 10% | 11% |