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The differences between strategic business analysts and data analysts 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 data analyst. Additionally, a strategic business analyst has an average salary of $83,070, which is higher than the $74,342 average annual salary of a data analyst.
The top three skills for a strategic business analyst include data analysis, tableau and SQL. The most important skills for a data analyst are data analysis, python, and power bi.
| Strategic Business Analyst | Data Analyst | |
| Yearly salary | $83,070 | $74,342 |
| Hourly rate | $39.94 | $35.74 |
| Growth rate | 11% | 11% |
| Number of jobs | 134,684 | 167,520 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 65% |
| 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.
Data analysts are responsible for interpreting the company's statistics and providing sound recommendations to the organization. They manage the organization's data sets, usually related to market performance, finance, or human resources. They are in charge of studying the available data, spotting trends, interpreting what the data and the trends mean, and recommending suggestions that will help the organization perform better. Their recommendations should also be relevant and backed up with strong analyses. Data analysts are expected to have a good grasp of the current market trends in the industry.
Strategic business analysts and data analysts have different pay scales, as shown below.
| Strategic Business Analyst | Data Analyst | |
| Average salary | $83,070 | $74,342 |
| Salary range | Between $62,000 And $110,000 | Between $53,000 And $103,000 |
| Highest paying City | New York, NY | Richmond, CA |
| Highest paying state | New York | New Jersey |
| Best paying company | Texas Instruments | The Citadel |
| Best paying industry | Finance | Finance |
There are a few differences between a strategic business analyst and a data analyst in terms of educational background:
| Strategic Business Analyst | Data Analyst | |
| Most common degree | Bachelor's Degree, 74% | Bachelor's Degree, 65% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between strategic business analysts' and data analysts' demographics:
| Strategic Business Analyst | Data Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 58.3% Female, 41.7% | Male, 50.2% Female, 49.8% |
| 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% |