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What is a Business Analyst

As a business analyst, your job is to study the market and analyze the product lines and profitability of a business. You can then take that knowledge and help a business identify certain problems and come up with solutions.

Business analysts are important for the future of many businesses, they help with budgeting and predicting the market. Plus, they're helpful in identifying problems that business owners didn't even know existed.

In order to help businesses have brighter futures, you're going to need a bachelor's degree and probably some real world experience as well - let's say maybe 5 years. Basically, you've got to know what you're doing to become a business analyst.

There is more than meets the eye when it comes to being a Business Analyst. For example, did you know that they make an average of $38.61 an hour? That's $80,312 a year!

Between 2018 and 2028, the career is expected to grow 9% and produce 56,000 job opportunities across the U.S.

What Does a Business Analyst Do

There are certain skills that many 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 Creativity, Analytical skills and Communication skills.

Learn more about what a Business Analyst does

How To Become a Business Analyst

If you're interested in becoming a Business Analyst, one of the first things to consider is how much education you need. We've determined that 70.5% of Business Analysts have a bachelor's degree. In terms of higher education levels, we found that 18.3% of Business Analysts have master's degrees. Even though most 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 a Business Analyst. When we researched the most common majors for a 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 Business Analyst resumes include Associate Degree degrees or Diploma degrees.

You may find that experience in other jobs will help you become a Business Analyst. In fact, many Business Analyst jobs require experience in a role such as Project Manager. Meanwhile, many Business Analysts also have previous career experience in roles such as Consultant or Internship.

What is the right job for my career path?

Tell us your goals and we'll match you with the right jobs to get there.

And if you’re looking for a job, here are the five top employers hiring now:

  1. Citigroup Jobs (703)
  2. JPMorgan Chase & Co. Jobs (1,770)
  3. American Express Jobs (656)
  4. Amazon Jobs (1,017)
  5. IBM Jobs (1,521)
Average Salary
$80,312
Average Salary
Job Growth Rate
9%
Job Growth Rate
Job Openings
238,910
Job Openings
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Business Analyst Career Paths

Top Careers Before Business Analyst

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Average Salary for a Business Analyst

Business Analysts in America make an average salary of $80,312 per year or $39 per hour. The top 10 percent makes over $106,000 per year, while the bottom 10 percent under $60,000 per year.
Average Salary
$80,312
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How much should you be earning as an Business Analyst? Use Zippia's Salary Calculator to get an estimation of how much you should be earning.
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12 Business Analyst Resume Examples

Learn How To Write a Business Analyst Resume

At Zippia, we went through countless Business Analyst resumes and compiled some information about how to optimize them. Here are some suggestions based on what we found, divided by the individual sections of the resume itself.

View Business Analyst Resume Examples And Templates

And if you’re looking for a job, here are the five top employers hiring now:

  1. Citigroup Jobs (703)
  2. JPMorgan Chase & Co. Jobs (1,770)
  3. American Express Jobs (656)
  4. Amazon Jobs (1,017)
  5. IBM Jobs (1,521)

Choose From 10+ Customizable Business Analyst Resume templates

Zippia allows you to choose from different easy-to-use Business Analyst templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your Business Analyst resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.

Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume
Business Analyst Resume

Business Analyst Demographics

Business Analyst Gender Distribution

Male
Male
54%
Female
Female
46%

After extensive research and analysis, Zippia's data science team found that:

  • Among Business Analysts, 46.1% of them are women, while 53.9% are men.

  • The most common race/ethnicity among Business Analysts is White, which makes up 71.1% of all Business Analysts.

  • The most common foreign language among Business Analysts is Spanish at 35.0%.

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Business Analyst Education

Business Analyst Majors

29.1 %
8.8 %

Business Analyst Degrees

Bachelors

70.5 %

Masters

18.3 %

Associate

7.5 %

Top Colleges for Business Analysts

1. Stanford University

Stanford, CA • Private

In-State Tuition
$51,354
Enrollment
7,083

2. University of Pennsylvania

Philadelphia, PA • Private

In-State Tuition
$55,584
Enrollment
10,764

3. Northwestern University

Evanston, IL • Private

In-State Tuition
$54,568
Enrollment
8,451

4. Maine Maritime Academy

Castine, ME • Private

In-State Tuition
$13,478
Enrollment
979

5. University of Southern California

Los Angeles, CA • Private

In-State Tuition
$56,225
Enrollment
19,548

6. California State University - Bakersfield

Bakersfield, CA • Private

In-State Tuition
$7,309
Enrollment
9,142

7. SUNY at Binghamton

Vestal, NY • Private

In-State Tuition
$9,808
Enrollment
13,990

8. Villanova University

Villanova, PA • Private

In-State Tuition
$53,308
Enrollment
6,819

9. San Diego State University

San Diego, CA • Private

In-State Tuition
$7,488
Enrollment
30,018

10. Bentley University

Waltham, MA • Private

In-State Tuition
$49,880
Enrollment
4,177
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Online Courses For Business Analyst That You May Like

Business Analyst: Project Management Techniques and Tools
udemy
4.5
(3,248)

Learn project management techniques to increase your project success rate as a Business Analyst!...

Plan the Project as a Business Analyst
udemy
4.5
(1,667)

Increase your value as a Business Analyst by learning how to plan projects successfully without a Project Manager...

BPMN Process Analysis using Microsoft Visio Professional
udemy
4.6
(1,005)

Business Analyst Guide to Business Process Modelling with BPMN and Microsoft Visio Professional...

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Top Skills For a Business Analyst

The skills section on your resume can be almost as important as the experience section, so you want it to be an accurate portrayal of what you can do. Luckily, we've found all of the skills you'll need so even if you don't have these skills yet, you know what you need to work on. Out of all the resumes we looked through, 14.0% of Business Analysts listed Business Process on their resume, but soft skills such as Creativity and Analytical skills are important as well.

Best States For a Business Analyst

Some places are better than others when it comes to starting a career as a Business Analyst. The best states for people in this position are Washington, California, New Hampshire, and New Jersey. Business Analysts make the most in Washington with an average salary of $93,192. Whereas in California and New Hampshire, they would average $89,590 and $86,630, respectively. While Business Analysts would only make an average of $84,843 in New Jersey, you would still make more there than in the rest of the country. We determined these as the best states based on job availability and pay. By finding the median salary, cost of living, and using the Bureau of Labor Statistics' Location Quotient, we narrowed down our list of states to these four.

1. Oregon

Total Business Analyst Jobs:
732
Highest 10% Earn:
$115,000
Location Quotient:
1.05
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

2. Nevada

Total Business Analyst Jobs:
507
Highest 10% Earn:
$102,000
Location Quotient:
1.44
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here

3. Washington

Total Business Analyst Jobs:
1,061
Highest 10% Earn:
$127,000
Location Quotient:
0.86
Location Quotient is a measure used by the Bureau of Labor Statistics (BLS) to determine how concentrated a certain industry is in a single state compared to the nation as a whole. You can read more about how BLS calculates location quotients here
Full List Of Best States For Business Analysts

How Do Business Analyst Rate Their Jobs?

Zippia Official Logo

5.0

Good stuff!December 2019

5.0

Zippia Official LogoGood stuff!December 2019

What do you like the most about working as Business Analyst?

Relationships with good people who are fully invested in solving problems. Show More

What do you NOT like?

Difficult people. Show More

Zippia Official Logo

3.0

GoodApril 2019

3.0

Zippia Official LogoGoodApril 2019

What do you like the most about working as Business Analyst?

It allows to the employees using their analytical skill Show More

What do you NOT like?

Too much detail oriented Show More

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Top Business Analyst Employers

We've made finding a great employer to work for easy by doing the hard work for you. We looked into employers that employ Business Analysts and discovered their number of Business Analyst opportunities and average salary. Through our research, we concluded that Capgemini was the best, especially with an average salary of $89,654. Wipro follows up with an average salary of $85,150, and then comes Tech Mahindra with an average of $85,188. In addition, we know most people would rather work from home. So instead of having to change careers, we identified the best employers for remote work as a Business Analyst. The employers include Kronos, FIS, and CBRE Group

Most Common Employers For Business Analyst

RankCompanyZippia ScoreAverage Business Analyst SalaryAverage Salary
1$120,298
2$100,088
3$96,698
4$93,652
5$90,390
6$89,654

Becoming a Business Analyst FAQs

How long does it take to become a business analyst?

It takes 4-years to become a business analyst. Many business analysts earn a bachelor's degree in business administration, but other popular majors are computer science, accounting, information technology, information systems, and management information systems.

Is a business analyst a good job?

Yes, being a business analyst is a good job. Business analysts are rated #10 in the best business jobs, thanks to secure employment and extremely competitive salaries.

A business analyst is a good job for someone who enjoys wearing many different hats (i.e., technical and business) while working in many different sectors and levels at the company. A business analyst must be equally as good a data scientist as a business manager.

Is a business analyst a high-paying job?

Yes, being a business analyst is a high-paying job. The median annual salary for a business analyst is $94,000. With that said, business analyst salaries vary depending on educational and on-the-job experience and where the job is located.

Is business analyst a dying career?

No, business analyst is not a dying career. In fact, a business analyst is one of the top 5 trending jobs right now. Every organization needs a business analyst.

The Bureau of Labors Statistics estimates the need for business analysts is expected to grow 14% from 2018 to 2028, which is much faster than the average for all occupations.

What are 8 types of analysts?

While being an analyst is often thought of as a single occupation, there are actually several different types of analysts with their own skills and specialties. Below are 8 types of analysts:

  1. Analyst

    Analysts are employees or individual contributors with a vast experience in a particular field that help the organization address challenges. They help the organization improve processes, policies, and other operations protocol by studying the current processes in place and determining the effectiveness of those processes. They also research industry trends and data to make sound inferences and recommendations on what the company should do to improve their numbers. Analysts recommend business solutions and often help the organization roll out these solutions. They ensure that the proposed action plans are effective and produce the desired results.

    Average Analyst Salary: $70,668

    Browse Analyst Jobs.

  2. Associate Analyst

    An associate analyst is a professional who is responsible for the research and investigation for a specific business process and department to help the senior staff make further decisions. Associate analysts must use their analytical skills to understand how the collected data can affect business decisions, then prepare reports that detail findings and recommend solutions. They must assist in developing new business models that can generate profits while reducing costs. Associate analysts can work in various industries ranging from finance and operations to information technology (IT) and marketing.

    Average Associate Analyst Salary: $68,428

    Browse Associate Analyst Jobs.

  3. Staff Analyst

    Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.

    Average Staff Analyst Salary: $85,736

    Browse Staff Analyst Jobs.

  4. Product Analyst

    A product analyst job utilizes data analysis software and notates trends in market research. Primarily, analysts project the costs of product development and marketing. They think of the possibilities for profit and sales and monitor the performance of products on the market to come up with a better product. Their responsibilities include company product evaluation, product understanding, and product rating reviews. Familiarity with Microsoft Office Suite, strong communication skills, and proficiency in database software is necessary for this job.

    Average Product Analyst Salary: $74,440

    Browse Product Analyst Jobs.

  5. Control Analyst

    A control analyst is a professional who is responsible for identifying weaknesses in the work process of an organization and implement methods to minimize risks. Control analysts are required to supervise the process for incident reports and provide technical guidance to their personnel. They must prepare monthly general ledger account analysis and balance sheets reconciliations that are according to the generally accepted accounting principles (GAAP). Control analysts should also assist with the organization's ISO audit procedures and findings.

    Average Control Analyst Salary: $69,169

    Browse Control Analyst Jobs.

  6. Resource Analyst

    A resource analyst is responsible for conducting data and statistical analysis, analyzing trends research, and identifying cost-reduction opportunities that would generate revenues and increase profits. Resource analysts evaluate budgeting and financial transactions and implement strategical methodologies to improve business operations, project management, and customer relationships. They also monitor the resource management of the business by coordinating with third-party providers and the senior management to facilitate operational concerns and requests for collaborative partnerships with the clients.

    Average Resource Analyst Salary: $64,403

    Browse Resource Analyst Jobs.

  7. Business Analyst Associate

    A business analyst associate job supports collaborating with financial reporting and developing strategies and initiatives that optimize costs and improve internal and external reporting. They work closely with business analysts to help make improvements in streamlining reports and review the process requirements by constantly communicating with the clients or end-users. The role should also call for a solid understanding of regulatory and requirements in reporting as well as experience in forecasting, budgeting, and financial analysis shared with a comprehensive understanding of key performance indicators.

    Average Business Analyst Associate Salary: $64,000

    Browse Business Analyst Associate Jobs.

  8. Assistant Analyst

    The duties of an assistant analyst depend on one's line of work or industry of employment. Their responsibilities typically include conducting extensive research and analysis to gather insights and performing support tasks such as preparing and processing documents, coordinating with different departments to gather data, answering calls and correspondence, liaising with external parties, and participating in developing plans. Furthermore, as an assistant analyst, it is essential to recommend solutions to optimize business procedures, all while adhering to the company or organization's policies and regulations.

    Average Assistant Analyst Salary: $52,391

    Browse Assistant Analyst Jobs.

What do you need to become a business analyst?

To become a business analyst you need to begin with getting a bachelor's degree, but many go on to get a master's degree. Develop a strong combination of business management and data science skills. Then you need to get certified and gain real-world experience.

What does a business analyst get paid?

A business analyst gets paid a median salary of $94,00. However, Glassdoor reports the national average as $68,346. There is a lot of variation in pay based on the type of business analyst role, real-world experience, and location of the chop.

What is the main role of a business analyst?

The main role of a business analyst is to communicate with all stakeholders & to elicit, analyze and validate the requirements for changes to business processes, information systems, and policies. Business analysts are the ones responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders.

What qualifications do I need to be a business analyst?

The qualifications needed to become a business analyst are a bachelor's degree, business analysis certification, and on-the-job experience. Around 66% of business analysts have a bachelor's degree and 17% have master's degrees.

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