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The differences between technical business analysts and product owners can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a technical business analyst, becoming a product owner takes usually requires 8-10 years. Additionally, a product owner has an average salary of $97,070, which is higher than the $81,757 average annual salary of a technical business analyst.
The top three skills for a technical business analyst include project management, business analysis and business processes. The most important skills for a product owner are user stories, acceptance criteria, and product backlog.
| Technical Business Analyst | Product Owner | |
| Yearly salary | $81,757 | $97,070 |
| Hourly rate | $39.31 | $46.67 |
| Growth rate | 11% | 10% |
| Number of jobs | 203,686 | 129,990 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Average age | 44 | 39 |
| Years of experience | 4 | 10 |
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.
Product owners are at the forefront of an organization's development cycle. They have various duties and responsibilities, which include ensuring that the value of products created by the development team is maximized, creating a vision and defining the goals for development projects, and working closely with all stakeholders. As the product owner, you are responsible for ensuring that the development team maintains a consistent vision and overseeing the product backlog. You are also expected to supervise the actual product development stages and anticipate the needs of clients.
Technical business analysts and product owners have different pay scales, as shown below.
| Technical Business Analyst | Product Owner | |
| Average salary | $81,757 | $97,070 |
| Salary range | Between $62,000 And $106,000 | Between $71,000 And $130,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Meta | ORIX USA |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a technical business analyst and a product owner in terms of educational background:
| Technical Business Analyst | Product Owner | |
| Most common degree | Bachelor's Degree, 70% | Bachelor's Degree, 67% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Georgia |
Here are the differences between technical business analysts' and product owners' demographics:
| Technical Business Analyst | Product Owner | |
| Average age | 44 | 39 |
| Gender ratio | Male, 53.2% Female, 46.8% | Male, 64.3% Female, 35.7% |
| 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, 3.0% Unknown, 5.3% Hispanic or Latino, 8.7% Asian, 8.2% White, 74.6% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 10% |