Who earns more in IT, a business analyst or a technical analyst?

The average salary for a business analyst in the IT industry is $86,000 annually. Technical analysts earn around $93,000 on average. That’s quite a difference! So which role will make you more money? To answer this question, we’ll dig into why these roles are different and uncover other interesting facts about pay in the tech industry. We’ll also talk about what it takes to land either position so that you can decide if one or both could be right for you.

Technical analysts earn more than business analysts.

If you’re interested in a career as an IT analyst, it’s important to know the difference between business analysts and technical analysts. Business analysts are tasked with gathering data from existing systems and processes to identify improvement areas. They also work with other departments within the company to help them understand how their work impacts overall operations.

Business analysts earn less than technical analysts: The median annual salary for a business analyst is $86,000 per year, according to Glassdoor; however, the median annual salary for a technical analyst is $93,000 per year (according to PayScale). This may seem like an insignificant difference at first glance, but consider that only about 100 jobs are available each year for each type of role (business versus tech).

Business analysts can expect to earn around $86,000 on average,

Business analysts are in high demand because they help companies make decisions by gathering and analyzing data to develop solutions. They’re also needed in many different industries, so there are plenty of opportunities for business analysts to find work. Business analysts can expect to earn around $86,000 on average.

Technical analysts earn a median salary of $93,000 per year.

A median salary is the midpoint of a range of salaries. It’s not the most common salary, but it’s also common. Median salaries are helpful because they give you an idea about what people in your field are earning, even if that means some people earn more or less than you do.

The median annual pay for technical analysts in 2017 was $93,000 per year, which puts them among some of the highest-paid workers in America today (the top 10% earned over $130k).

The CIO is the highest-paid IT executive in tech companies.

The CIO is the highest-paid IT executive in tech companies. According to Payscale’s data on executives’ pay, the average salary for a CIO was $242,000 in 2018. In contrast, the average salary for an analyst was $74,000, and $105,000 for a business analyst (BA).

A CIO leads an organization’s IT strategy and execution while ensuring all technology systems work smoothly. They typically report directly to a CEO or another executive like a chief financial officer (CFO), chief operating officer (COO), vice president of marketing, or sales — depending on what kind of company you’re working with — so they have lots of responsibility over many different departments at once:

• IT operations management
• Business intelligence analysis
• Project management
• Software development lifecycle management
• Database Administration
• Network security architecture/management/administration
• System administration & maintenance

Technical analysts have more job security than business analysts.

If you’re looking for job security, technical analysts have the edge over business analysts. While both jobs are likely to be affected by technology and automation, the nature of their work means they’ll be in greater demand than business analysts.

Business analysts are more likely to be replaced by technology: Businesses need people who can interpret data and make strategic decisions based on it and software is better at doing this than humans are. Plus, businesses want access to fresh ideas and new ways of thinking when it comes time for strategy updates; if they outsource their strategy needs, they don’t have as much control over how those needs get met or what kind of solutions come back from the outside team (which may not meet all their requirements).

Business analysts are also more likely than technical analysts who work directly with clients’ systems (like database administrators) because there’s no guarantee that any given client will keep using an application once its developers move on to other projects or retire from their company altogether. In contrast, database administrators might still have jobs lined up even after all their clients have switched platforms or decided not anymore use databases all!

If you want to make money in the IT industry, consider a role as a technical analyst.

If you want to make money in the IT industry, consider a role as a technical analyst.

If you want to earn more money in IT and have job security, consider becoming a technical analyst. Technical analysts are in demand, and they’re paid well compared to their peers without skillsets. They also get promoted more often than business analysts (BAs). In fact, according to the US Bureau of Labor Statistics’ Occupational Outlook Handbook: Computer Systems Analysts & Consultants section on education requirements for entry-level positions: “Most employers prefer candidates with bachelor’s degrees; however, some employers may hire individuals with master’s degrees or PhDs if those applicants meet all other hiring criteria.”

Conclusion

If you’re looking to make money in the IT industry, consider a role as a technical analyst. The average salary for this job is $93,000 per year, much higher than what business analysts earn. Technical analysts also have more job security and better opportunities for advancement than their business-focused counterparts. If your goal is financial security rather than just getting by, this is the best path forward for you!