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The differences between strategic business analysts and business analyst-consultants can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a strategic business analyst and a business analyst-consultant. Additionally, a business analyst-consultant has an average salary of $90,127, which is higher than the $83,070 average annual salary of a strategic business analyst.
The top three skills for a strategic business analyst include data analysis, tableau and SQL. The most important skills for a business analyst-consultant are strong analytical, business process, and data analysis.
| Strategic Business Analyst | Business Analyst-Consultant | |
| Yearly salary | $83,070 | $90,127 |
| Hourly rate | $39.94 | $43.33 |
| Growth rate | 11% | 11% |
| Number of jobs | 134,684 | 166,560 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
A strategic business analyst is responsible for developing business solutions to enhance the staff's productivity and efficiency to perform business operations. Strategic business analysts review the current project management procedures of an organization and conduct data and statistical analysis to recommend techniques that would minimize costing and downtimes. They also coordinate with the sales and marketing team to evaluate marketing efforts and campaigns that would increase sales performance and generate resources that would grow more revenues and profits.
A business analyst-consultant is responsible for overseeing the project management and ensuring that the operations meet the agreed-upon project deliverables. Business analyst-consultants closely coordinate with the clients for their specifications and requirements, monitoring the resources and processes for the project completion, and aligning those to the clients' budget goals. A business analyst-consultant helps the development team on strategizing techniques for brand promotions with minimal costs with maximum quality and productivity. They should have excellent communication and organizational skills, especially on identifying business opportunities to drive revenues and increase profitability.
Strategic business analysts and business analyst-consultants have different pay scales, as shown below.
| Strategic Business Analyst | Business Analyst-Consultant | |
| Average salary | $83,070 | $90,127 |
| Salary range | Between $62,000 And $110,000 | Between $66,000 And $122,000 |
| Highest paying City | New York, NY | Washington, DC |
| Highest paying state | New York | California |
| Best paying company | Texas Instruments | BNY Mellon |
| Best paying industry | Finance | Finance |
There are a few differences between a strategic business analyst and a business analyst-consultant in terms of educational background:
| Strategic Business Analyst | Business Analyst-Consultant | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 69% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between strategic business analysts' and business analyst-consultants' demographics:
| Strategic Business Analyst | Business Analyst-Consultant | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.3% Female, 41.7% | Male, 53.1% Female, 46.9% |
| Race ratio | Black or African American, 7.4% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.9% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |