What does a Business Analyst do?
Business analysts collect and analyze data for potential business expansion. They identify specific business opportunities and influence shareholders to support business projects, to lead projects, and to coordinate with other teams to produce better results and outcomes. They also test out the business processes and recommend relevant improvements. Specialists in the business analyst field include inventory control, company reorganization, healthcare, and in telecom industries.
As natural problem solvers on the hunt for better ways to do business, business analysts discover issues, and help come up with solutions that deliver better value to the customer. They rely on data and analytics, research, and recommend improvement measures and protocol to impact and improve a company’s logistics more efficiently or directly. They strive to make their organization more profitable through reduced costs and increased revenues. Business analysts need a minimum bachelor's degree in business, economics, or related fields.
Business Analyst Salaries
Average Base Pay
Business Analyst Career Path
Learn how to become a Business Analyst, what skills and education you need to succeed, and what level of pay to expect at each step on your career path.
Business Analyst Insights
Highgate Hotels“Great career advancement if you are good at what you doing and are willing to learn by taking additional responsibilities.”
“Each day was different and exciting and I really felt my contribution was really valued by the team.”
Nordea Bank“I had a wonderful manager who was great at coaching and helped me further in my career.”
AIG“Knowledge base and excellent performance is not appreciated until desperate or rewarded with salary increase or promotion.”
NOW: Pensions“though the top management is good but management you interact with on daily basis to work is good for nothing”
Adecco“Yearly reviews are not done professionally and you don't have a good strategy for your career”
Accenture“I was fortunate enough to work at a project where you get a great exposure and learning experience”
K Line America, Inc.“Low salary that is quite a bit lower than other jobs similar to this one.”
Business Analyst Jobs
Frequently asked questions about the roles and responsibilities of a business analyst
When working as a business analyst, the most common skills you will need to perform your job and for career success are Requirements Gathering, Agile Methodologies, Excellent Communication, Systems Development, and Business Processes.
- Product Analyst
- Digital Marketing
- Program Manager
- Project Manager
The most common qualifications to become a business analyst include a minimum of a Bachelor's Degree and an average of 0 - 1 years of experience not including years spent in education and/or training.