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Business analysts are employees who are responsible for interpreting business data and coming up with business solutions. They are well-versed in whatever business the company is in, and they have strong business acumen. They collect data related to the business and then interpret and analyze the data. Business analysts should be able to conduct different levels of analyses and must also be able to create a sound study. Once the analysis is done, they provide recommendations or strategic direction to decision-makers that will help the business become sustainable and grow.

Business Analyst Responsibilities

Here are examples of responsibilities from real business analyst resumes representing typical tasks they are likely to perform in their roles.

  • Lead the implementation of a web-base application in an UNIX environment for an organization that manages pharmacy claims data.
  • Lead CRP sessions during implementation, design and testing.
  • Manage the resolution of forty plus software issues with PeopleSoft's design and development teams.
  • Used ALM as the requirements management tool to capture, prioritize, and manage requirements.
  • Complete updated version of website and provide CMS system to internal staff to manage website content.
  • Manage PeopleSoft security audits, end-user support for security issues, and security changes to role and permission lists.
  • Mentore junior business analysts on writing requirements, specifying them, and modeling them in diagrams using VISIO.
  • Perform data validation using SQL query, access and excel and UI functional and non-functional requirement during QA and UAT phases.
  • Work directly with sales representative and sales management as the SME for profit improvement data analysis projects including age inventory reduction.
  • Define the payroll periods and pay dates for each payroll area.
  • Assist in the development of system data and processes that maintain compliance with payroll requirements.
  • Train new associates on a global team using WebEx and PowerPoint, increasing productivity and functionality.
  • Deliver presentations to business owners in the form of wireframes, PowerPoint slides and requirement documents.
  • Document and analyze defects using ALM and track them to completion by communicating with the team.
  • Build consensus among other departments and Sr. HR leaders for successful execution of system enhancements and upgrades.

Business Analyst Skills and Personality Traits

We calculated that 7% of Business Analysts are proficient in Project Management, Data Analysis, and Business Analysis. They’re also known for soft skills such as Creativity, Analytical skills, and Communication skills.

We break down the percentage of Business Analysts that have these skills listed on their resume here:

  • Project Management, 7%

    Added value to company providing services to both enterprise and government organizations through utilization of both financial and project management skills.

  • Data Analysis, 6%

    Utilized data analysis to explain business issues and financial implications, recommended improvements to enable business units to improve processes.

  • Business Analysis, 6%

    Perform critical business analysis in areas of operations and revenue cycle management, made recommendations to management and secured project approval.

  • User Stories, 5%

    Implemented MyPortal relaunch project with reinvigorated websites and digital assets and content using agile methodology with 300 developed user stories.

  • User Acceptance, 4%

    Created user acceptance test scripts in validated quality management testing system and facilitated testing sessions for various sized system deployments.

  • Test Cases, 3%

    Provided clear and concise documentation regarding requirements management plans, Functional Requirements, supplemental Requirements, Test Plans and Test Cases.

Some of the skills we found on business analyst resumes included "project management," "data analysis," and "business analysis." We have detailed the most important business analyst responsibilities below.

  • Creativity can be considered to be the most important personality trait for a business analyst to have. According to a business analyst resume, "because analysts are tasked with finding innovative solutions to computer problems, an ability to “think outside the box” is important." Business analysts are able to use creativity in the following example we gathered from a resume: "plant launch specialist for plant operations, material flow & planning, inventory control and erp. "
  • Another trait important for fulfilling business analyst duties is analytical skills. According to a business analyst resume, "analysts must interpret complex information from various sources and decide the best way to move forward on a project." Here's an example of how business analysts are able to utilize analytical skills: "improved operational visibility and business decision making by leading implementation of business intelligence, data visualization, and management reporting. "
  • Another skill that is quite popular among business analysts is communication skills. This skill is very critical to fulfilling every day responsibilities as is shown in this example from a business analyst resume: "analysts work as a go-between with management and the it department and must explain complex issues in a way that both will understand." This example from a resume shows how this skill is used: "provided daily communications including scrum notes, sprint review reports and project retrospective. "
  • See the full list of business analyst skills.

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    What Technical Analysts Do

    A technical analyst is responsible for analyzing technical information and aligning it to the business strategies and procedures in meeting project goals. Technical analysts monitor technical system errors and provide immediate resolutions to ensure an efficient and smooth flow of operations. They comply with the business requirements and clients' specifications to facilitate the technical team with the best techniques to get the job done. A technical analyst should have excellent critical-thinking and communication skills, as well as having a broad knowledge of the technology industry and disciplines.

    In this section, we take a look at the annual salaries of other professions. Take technical analyst for example. On average, the technical analysts annual salary is $386 lower than what business analysts make on average every year.

    Even though business analysts and technical analysts have vast differences in their careers, a few of the skills required to do both jobs are similar. For example, both careers require data analysis, user acceptance, and test cases in the day-to-day roles.

    There are some key differences in responsibilities as well. For example, a business analyst responsibilities require skills like "project management," "business analysis," "user stories," and "scrum." Meanwhile a typical technical analyst has skills in areas such as "customer service," "c #," "troubleshoot," and "technical support." This difference in skills reveals how truly different these two careers really are.

    Technical analysts tend to make the most money in the retail industry by averaging a salary of $88,568. In contrast, business analysts make the biggest average salary of $91,354 in the finance industry.

    Technical analysts tend to reach lower levels of education than business analysts. In fact, technical analysts are 6.5% less likely to graduate with a Master's Degree and 0.0% less likely to have a Doctoral Degree.

    What Are The Duties Of a Developer Analyst?

    A developer analyst is a professional who is responsible for building application requirements and develops database solutions that allow operational efficiency and user-friendly tools. Developer analysts are required to develop a detailed definition of business solutions that can include database design, data flow, and transaction processing requirements. They work with other teams to design and implement a web application that manages internal processes and can result in increased productivity. Developer analysts are also required to perform integration tests for various vendors for services that are according to business requirements and testing processes.

    Now we're going to look at the developer analyst profession. On average, developer analysts earn a $10,848 higher salary than business analysts a year.

    Not everything about these jobs is different. Take their skills, for example. Business analysts and developer analysts both include similar skills like "data analysis," "user acceptance," and "test cases" on their resumes.

    While some skills are similar in these professions, other skills aren't so similar. For example, several resumes showed us that business analyst responsibilities requires skills like "project management," "business analysis," "user stories," and "scrum." But a developer analyst might use skills, such as, "c++," "eclipse," "architecture," and "web services."

    On average, developer analysts earn a higher salary than business analysts. There are industries that support higher salaries in each profession respectively. Interestingly enough, developer analysts earn the most pay in the finance industry with an average salary of $99,277. Whereas, business analysts have higher paychecks in the finance industry where they earn an average of $91,354.

    In general, developer analysts study at similar levels of education than business analysts. They're 1.0% less likely to obtain a Master's Degree while being 0.0% more likely to earn a Doctoral Degree.

    What Technology Do You Think Will Become More Important And Prevalent For Business Analysts In The Next 3-5 Years?

    Rebecca Sarver

    Lecturer in Human Services Studies, Elmira College

    The use of remote and virtual meetings will continue, even after COVID-19. Face-to-face meetings may still be the preferred method of contact, but the reality is that many clients who need to access services do not have reliable and consistent transportation to get to the services. Phones and computers enable more convenient meetings that are less costly in terms of time and travel. Some clients may prefer not to leave their homes.Show more

    How a Senior Technical Business Analyst Compares

    Senior Technical Business Analysts are experienced employees who primarily work on business improvements. They review business processes and other operations-related procedures in relation to the current business landscape. They should be familiar with the trends in the industry and how these trends affect the company. They should also be familiar with the company processes, people's capabilities, and other context-setting information related to the business. Senior Technical Business Analysts work with different departments to get a holistic view of the company. This would help them recommend action plans and next steps to address the company's challenges and ensure that the company overcomes these challenges.

    The senior technical business analyst profession generally makes a higher amount of money when compared to the average salary of business analysts. The difference in salaries is senior technical business analysts making $31,476 higher than business analysts.

    While looking through the resumes of several business analysts and senior technical business analysts we discovered that both professions have similar skills. These similarities include skills such as "project management," "data analysis," and "business analysis," but they differ when it comes to other required skills.

    There are many key differences between these two careers as shown by resumes from each profession. Some of those differences include the skills required to complete responsibilities within each role. As an example of this, a business analyst is likely to be skilled in "digital transformation," "excellent interpersonal," "microsoft visio," and "business process models," while a typical senior technical business analyst is skilled in "business process," "business stakeholders," "visio," and "business analysts."

    Senior technical business analysts make a very good living in the energy industry with an average annual salary of $122,449. Whereas business analysts are paid the highest salary in the finance industry with the average being $91,354.

    Senior technical business analysts typically study at similar levels compared with business analysts. For example, they're 0.4% more likely to graduate with a Master's Degree, and 0.9% more likely to earn a Doctoral Degree.

    Description Of a Business Analyst/Quality Analyst

    A business analyst/quality analyst is responsible for evaluating business outputs and operational processes to ensure that everything adheres to the quality standards and business regulations. Business analysts/quality analysts support senior management in determining solutions to improve the company's services and provide the highest satisfaction for the customers and clients. They also conduct data and statistical analysis by assessing the market trends to identify opportunities that would generate more revenue resources and increase profitability for the business.

    Now, we'll look at business analysts/quality analysts, who generally average a higher pay when compared to business analysts annual salary. In fact, the difference is about $500 per year.

    While both business analysts and business analysts/quality analysts complete day-to-day tasks using similar skills like data analysis, user stories, and user acceptance, the two careers also vary in other skills.

    While some skills are shared by these professions, there are some differences to note. "project management," "business analysis," "strong analytical," and "power bi" are skills that have shown up on business analysts resumes. Additionally, business analyst/quality analyst uses skills like business process, powerpoint, ui, and test results on their resumes.

    Business analysts/quality analysts earn a higher salary in the finance industry with an average of $94,836. Whereas, business analysts earn the highest salary in the finance industry.

    In general, business analysts/quality analysts reach higher levels of education when compared to business analysts resumes. Business analysts/quality analysts are 5.6% more likely to earn their Master's Degree and 0.1% more likely to graduate with a Doctoral Degree.

    What a Business Analyst Does FAQs

    Can Business Analysts Work From Home?

    Yes, business analysts can work from home.In fact, many businesses have shifted to remote work in recent years, making it more common for business analysts to work remotely.

    Some aspects of the job, however, may require in-person collaboration with other team members or clients, such as gathering requirements, conducting interviews, or facilitating workshops.

    Working remotely can present some challenges for business analysts, such as difficulties in communication or collaboration, as well as potential distractions from home environments. However, it can also offer greater flexibility and work-life balance, as well as cost savings for both the employer and employee. Many companies have implemented remote work policies and tools to facilitate remote collaboration and communication, making it easier for business analysts to work remotely.

    Overall, while some aspects of the job may require in-person interaction, business analysts can work from home with the right tools, policies, and communication strategies in place. As remote work becomes more common, it is likely that the number of business analysts who work remotely will continue to increase.

    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.

    How To Get A Job As A Business Analyst.

    You must get a bachelor's degree in finance, hone your business analyst skills, and earn a business analyst certification in order to get a job as a business analyst.

    When getting an education for a career as a business analyst, a bachelor's degree in finance, economics, computer science, data science, statistics, information management, or several other similar areas will suffice.

    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

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    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

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    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

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    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

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    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

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    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

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    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

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    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

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    What Does A Business Analyst Do On A Daily Basis?

    A business analyst conducts business process analysis, facilitates communication, and provides recommendations and solution designs on a daily basis. Business analysts can work in various environments, including industries such as technology, finance, healthcare, and consulting. They may be employed by large corporations, consulting firms, government agencies, or start-ups.

    Common activities that a business analyst does on a daily basis include:

    • Conduct business process analysis. Analyze existing business processes, workflows, and systems to identify gaps, inefficiencies, and areas for improvement. Gather and document business requirements through interviews, workshops, and observations, ensuring a clear understanding of stakeholder needs. Utilize various analysis techniques, such as process mapping, data modeling, and root cause analysis, to identify opportunities for streamlining operations and enhancing productivity.Facilitate communication and collaboration.Serve as a liaison between business stakeholders, project teams, and technical experts to ensure effective communication and alignment of objectives. Collaborate with cross-functional teams to define project scope, goals, and deliverables. Facilitate meetings, workshops, and discussions to elicit requirements, clarify expectations, and address any conflicts or challenges that arise during the analysis phase.Provide recommendations and solution design. Based on data analysis and business requirements, develop and present recommendations to stakeholders for process improvements, system enhancements, or technology implementations. Collaborate with technical teams to translate business requirements into functional specifications, ensuring the development of robust and user-friendly solutions. Provide guidance on change management strategies, including training, documentation, and communication plans, to support the successful implementation and adoption of recommended solutions.

      The specific tasks and responsibilities of business analysts may vary depending on the organization, industry, and project scope. For example, in a large multinational corporation, a business analyst may be involved in conducting enterprise-level analysis, assessing the impact of business decisions on multiple departments or regions. While a business analyst in the healthcare industry may focus on analyzing patient data and workflows to identify areas for process improvement, such as reducing wait times or enhancing patient care.

    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.

    Business Analyst Vs. Data Analyst

    A business analyst uses data to make strategic business decisions, while a data analyst gathers data and then manipulates it to find useful information.

    A business analyst focuses on identifying trends in the organization that can be optimized to improve overall business planning and performance. They support the continuous improvement of the business and seek to find areas of inefficiencies in technology and processes.

    Business Analyst Vs. Product Manager

    A business analyst is an inward-facing position that focuses on processes, practices, and internal systems inside the company, while a product manager is an outward-facing position that is focused on the marketing and interactions with customers to determine product opportunities.

    Business Analyst Vs. Project Manager

    A business analyst is a professional responsible for directing and supervising employees, while a project manager is a professional that manages a project on a day-to-day basis.

    A business analyst is tasked with leading and supervising a set of employees to ensure productivity and efficiency of operations. They provide guidance on how best to handle different tasks while maintaining customer satisfaction. Business analysts also provide feedback and give recommendations to clients, and gather and analyze financial data.

    Business Analyst Vs. Financial Analyst

    A business analyst is responsible for analyzing a company's technological systems and business processes as they relate to operations while a financial analyst is responsible for researching, analyzing, and interpreting financial and accounting information.

    Product Owner Vs. Business Analyst

    A product owner is responsible for making decisions about the product and for managing the product's strategic roadmap, while the business analyst is responsible for executing the product vision.

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