Business Analyst Job Description: Salary, Duties, Skills
If you’re looking to hire a Business Analyst. Or maybe looking for a new job opportunity as a Business Analyst, it’s very important to have some examples of descriptions and summaries in mind for when it’s time to tweak your resume. It’s also very important to be knowledgable about the current job climate for Business Analysts-- what they’re currently making, what their current responsibilities are, common job descriptions, etc.
Let’s take a look at everything you need to know before diving into your Business Analyst job search.
Table Of Contents
Business Analyst Job Description Sample
Business Analysts are responsible for reviewing, analyzing, and evaluates company systems, as well as user or consumer needs. Their main goal is to look at existing business objectives and compare those objects to what the business is currently doing or producing and making educated suggestions on how to better align the two for maximum efficiency.
Business Analyst Job Description For Resume (Resume Summary)
Your job description in your resume can take on two different forms. If you’ve mainly worked in the business analyst role for the majority of your working career, you could include a brief but informative job description shortly before your list of past employers. For example:
Business Analysts are responsible for solving organizational problems in any one industry. This is typically done by assessing overall business performance and making suggestions for improving different flawed aspects of a business. Business Analysts are typically found in insurance, banking, telecommunications, and information technology, among other industries. It is usually the responsibility of the Business Analyst to evaluate project progress, identify problems, develop and activate business procedures, and draft technical reports. The ideal Business Analyst should be an excellent leader, an analytical thinker, and have excellent communication skills.
On the other hand, if you have worked in a variety of positions and business analysis is just one, you’ll want to include a brief description of what a Business Analyst is and what you personally did in the role or roles next to each employer entry. For example:
Company A - Senior Operations Business Analyst - Planned and executed building projects for a massive home retailer. Was responsible for forecasting and managing a large operating project.
Company B - Business Analyst - Directly managed an initiate that increased overall efficiencies in the business’ warehouse, including analysis of products to properly position inventory.
Business Analyst National Average Salary
National average salary for a Business Analyst is provided by The U.S. Department of Labor. National averages are a cumulative total average as seen by a non-specific geographic mean average. That means this is the average salary that you might expect to have (regardless of geographic region) when entering into this job function.
Currently, the average salary for a Business Analyst is approximately $74,500 annually in the United States.
Business Analyst Duties & Responsibilities
- Conducting analyses in order to investigate operational issues.
- Creating ultra-informative reporting that hones in on relevant business opportunities to improve the relationship between business goals and business output.
- Communicating financial and operational needs with relevant parties, such as management, CEOs, and stakeholders.
- Performing daily, weekly, and monthly business reviews and analyses of the process being used with metrics and reports.
- Planning and coordinating market research studies.
- Validating resource requirements and models.
Business Analyst Skills
- Communication skills, especially when it comes to communicating with stakeholders.
- Presentation and public speaking skills.
- Problem-solving skills.
- Critical thinking.
- Time management.
- Analysis and communication techniques.
- Familiarity with drafting and documenting software.
- Ability to process flow diagrams.
- Ability to draft use cases for software.
- Data mapping abilities.
- Familiarity with business analysis tools, such as DOORS, Caliber, and any other project management tools.
- Relationship-building skills.
- Excellent self-management.
Business Analyst Requirements
For most entry-level Business Analyst positions, one will mainly just need a bachelor’s degree. In some cases, especially for senior operations, an employer may require a master’s degree in business administration.
- Bachelor's Degree in Marketing, Business Management or Communications.
- Strong written communication skills.
- Strong analytical skills.
- Proficient in data studios and Microsoft Suite.
- Ability to work under tight deadlines.
- Demonstrates leadership under pressure.
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