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What is an advance business analyst and how to become one

Updated January 8, 2025
4 min read
Quoted expert
Kristi Yowell

Advanced business analysts can work in IT firms, research companies, finance firms, etc. This is especially so because data is everywhere, and data is what business analysts deal with in their day-to-day. An advanced business analyst's job, however, transcends just data analysis. After analyzing, the analyst offers ideas to the entrepreneur. He/She or she also gives professional advice as regards the effectiveness of a business move.

An advanced business analyst has to be very communicative. This person will be doing a lot of talking with clients and other people, so communication is a prerequisite skill. Also, an analyst must have a flair for solving problems or providing solutions. He/She or she should also be very analytical and have good data collection skills.

In addition to all these, employers expect that you, as an advanced business analyst, should have, at least, a degree in finance, business, or management information systems. Once you have any of these, you can look forward to earning $58,000 a year as a beginner analyst. More experienced analysts get up to $73,367 per year.

What general advice would you give to an advance business analyst?

Kristi YowellKristi Yowell LinkedIn profile

Coordinator & Senior Adjunct Lecturer, Graduate Human Resources Management Program

First and foremost, advocate for yourself. Do your research in advance and be prepared to defend your request. Consider grades in school. If you had the rubric, you likely forecasted your grade on any given assignment based on that tool. If the grade received didn't match, you referred back to the rubric to defend your expectation. Salary negotiation isn't much different. Do your research. Research the company and see if they post information on their compensation plan. Things to look for include a hiring range (often posted as a minimum - midpoint of the salary range), compensation philosophy (e.g., market-based, based on years of experience, consideration of experience in lieu of education and vice versa, pay for performance). Also, research industry compensation. Without pulling specific compensation studies, there is still a lot of information available to you, such as O*Net OnLine (https://www.onetonline.org/). Note that ranges for any given company can vary based on their compensation philosophy and industry (e.g., entertainment versus education), state of business, and even county they are conducting business in. Think about what's important to you in an offer and where you're willing to compromise. For example, would you accept a lower salary with better benefits (e.g., medical, retirement, paid time off)? What about a robust tuition reimbursement program that would pay for graduate school? Have an idea of what your "floor" is for salary and a total compensation package, along with areas you're willing to compromise.
ScoreAdvance Business AnalystUS Average
Salary
6.8

Avg. Salary $87,245

Avg. Salary $59,228

Stability level
6.8

Growth rate 11%

Growth rate 0.3%

Diversity
6.0
Race

American Indian and Alaska Native 0.17%

Asian 13.60%

Black or African American 7.94%

Hispanic or Latino 8.80%

Unknown 4.49%

White 65.00%

Gender

female 48.53%

male 51.47%

Age - 43
Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 43
Stress level
6.8

Stress level is high

7.1 - high

Complexity level
8.7

Complexity level is advanced

7 - challenging

Work life balance
2.2

Work life balance is very poor

6.4 - fair

Advance business analyst career paths

Key steps to become an advance business analyst

  1. Explore advance business analyst education requirements

    Most common advance business analyst degrees

    Bachelor's

    65.7 %

    Master's

    17.6 %

    Associate

    11.7 %
  2. Start to develop specific advance business analyst skills

    SkillsPercentages
    SAS12.55%
    Data Analysis8.34%
    Business Analysis8.01%
    Java7.98%
    Technical Support5.39%
  3. Complete relevant advance business analyst training and internships

    Accountants spend an average of 6-12 months on post-employment, on-the-job training. New advance business analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as an advance business analyst based on U.S. Bureau of Labor Statistics data and data from real advance business analyst resumes.
  4. Research advance business analyst duties and responsibilities

    • Manage inventory and supervise site payroll and invoice processing.
    • Develop and maintain model data mart using SQL and SAS to support the model building and to conduct ad-hoc data analysis.
    • Utilize ITIL methodology in work processes.
    • Support the UNIX base Accelio applications in the role of liaison for the UK and Spain customers.
  5. Apply for advance business analyst jobs

    Now it's time to start searching for an advance business analyst job. Consider the tips below for a successful job search:

    1. Browse job boards for relevant postings
    2. Consult your professional network
    3. Reach out to companies you're interested in working for directly
    4. Watch out for job scams

How did you land your first advance business analyst job

Zippi

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Average advance business analyst salary

The average advance business analyst salary in the United States is $87,245 per year or $42 per hour. Advance business analyst salaries range between $69,000 and $110,000 per year.

Average advance business analyst salary
$87,245 Yearly
$41.94 hourly

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Advance business analyst reviews

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A zippia user wrote a review on Feb 2022
Cons

Managing projects or leading large projects as this makes the BA role difficult to do well


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A zippia user wrote a review on Apr 2019
Cons

Too much detail oriented


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Updated January 8, 2025

Zippia Research Team
Zippia Team

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

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