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 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 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.
There is more than meets the eye when it comes to being an advance business analyst. For example, did you know that they make an average of $37.46 an hour? That's $77,916 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many advance business analysts have in order to accomplish their responsibilities. By taking a look through resumes, we were able to narrow down the most common skills for a person in this position. We discovered that a lot of resumes listed interpersonal skills, problem-solving skills and time-management skills.
When it comes to the most important skills required to be an advance business analyst, we found that a lot of resumes listed 22.8% of advance business analysts included business process, while 10.7% of resumes included sas, and 7.6% of resumes included test scripts. Hard skills like these are helpful to have when it comes to performing essential job responsibilities.
When it comes to searching for a job, many search for a key term or phrase. Instead, it might be more helpful to search by industry, as you might be missing jobs that you never thought about in industries that you didn't even think offered positions related to the advance business analyst job title. But what industry to start with? Most advance business analysts actually find jobs in the technology and professional industries.
If you're interested in becoming an advance business analyst, one of the first things to consider is how much education you need. We've determined that 61.4% of advance business analysts have a bachelor's degree. In terms of higher education levels, we found that 16.3% of advance business analysts have master's degrees. Even though most advance business analysts have a college degree, it's possible to become one with only a high school degree or GED.
Choosing the right major is always an important step when researching how to become an advance business analyst. When we researched the most common majors for an advance business analyst, we found that they most commonly earn bachelor's degree degrees or master's degree degrees. Other degrees that we often see on advance business analyst resumes include associate degree degrees or high school diploma degrees.
You may find that experience in other jobs will help you become an advance business analyst. In fact, many advance business analyst jobs require experience in a role such as business analyst. Meanwhile, many advance business analysts also have previous career experience in roles such as analyst or finance analyst.