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The differences between technical business analysts and business development 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 technical business analyst and a business development analyst. Additionally, a technical business analyst has an average salary of $81,757, which is higher than the $59,867 average annual salary of a business development analyst.
The top three skills for a technical business analyst include project management, business analysis and business processes. The most important skills for a business development analyst are business development, market research, and project management.
| Technical Business Analyst | Business Development Analyst | |
| Yearly salary | $81,757 | $59,867 |
| Hourly rate | $39.31 | $28.78 |
| Growth rate | 11% | 11% |
| Number of jobs | 203,686 | 185,387 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
As a technical business analyst, one oversees the technical business project and solution implementation. Technical business analysts work with the technical team members and stakeholders for the mapping, analysis, and documentation of business projects and processes. People in the business world consider them as market technicians, chartists, securities traders, or researchers. The job also involves the documentation of redesigned computer systems and applications. Skills in computer programming, leadership, communication, and management are necessary.
A business development analyst's role is to perform research and analysis on the different operations and procedures in a company to ensure efficiency and profit growth. They are also responsible for devising strategies and improvements for optimal performance, monitoring the sales and customer feedback, identifying opportunities from the marketing trends, and building positive relationships with customers. They must also perform clerical tasks such as producing progress reports and presentations, maintaining data, and monitoring schedules. Furthermore, as a business development analyst, it is essential to adhere to the company's policies and regulations, including its vision, mission, and goals.
Technical business analysts and business development analysts have different pay scales, as shown below.
| Technical Business Analyst | Business Development Analyst | |
| Average salary | $81,757 | $59,867 |
| Salary range | Between $62,000 And $106,000 | Between $39,000 And $91,000 |
| Highest paying City | Washington, DC | Seattle, WA |
| Highest paying state | New Jersey | Washington |
| Best paying company | Meta | Microsoft |
| Best paying industry | Technology | Technology |
There are a few differences between a technical business analyst and a business development analyst in terms of educational background:
| Technical Business Analyst | Business Development Analyst | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 74% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between technical business analysts' and business development analysts' demographics:
| Technical Business Analyst | Business Development Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 61.1% Female, 38.9% |
| Race ratio | Black or African American, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.6% White, 64.7% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |