A business analyst/manager find ways to increase productivity and reduce costs and serve as a liaison between IT and business teams. They also determine operational objectives, manage project analysts and other staff, and write project schedules. They are required to travel frequently in order to meet clients. Such professionals are hired by organizations that want to streamline their business interests and increase profitability.

The tasks that you will be performing within this capacity include, but are not limited to, creating budgets and verifying them, managing and overseeing the staff, hiring and training staff, increasing productivity, writing schedules, and reducing the organization's expenses by cutting costs and other means.

Essential skills needed for the position include critical thinking, problem-solving, management, communication, objectivity, and familiarity with computer software. Educational requirements include a bachelor's degree in business management or a similar field. Moreover, companies prefer an individual who has five years or more of related work experience in business or management.

The position comes with generous monetary compensation. The average hourly salary of a business analyst/manager is $50.53, which amounts to $105,096 annually. The career is expected to grow in the near future and create more opportunities across the United States.

What Does a Business Analyst/Manager Do

There are certain skills that many business analyst/managers 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 analytical skills, communication skills and interpersonal skills.

Learn more about what a Business Analyst/Manager does

How To Become a Business Analyst/Manager

If you're interested in becoming a business analyst/manager, one of the first things to consider is how much education you need. We've determined that 68.3% of business analyst/managers have a bachelor's degree. In terms of higher education levels, we found that 18.1% of business analyst/managers have master's degrees. Even though most business analyst/managers have a college degree, it's possible to become one with only a high school degree or GED.

Learn More About How To Become a Business Analyst/Manager

Business Analyst/Manager Career Paths

Average Salary for a Business Analyst/Manager

Business Analyst/Managers in America make an average salary of $117,198 per year or $56 per hour. The top 10 percent makes over $157,000 per year, while the bottom 10 percent under $87,000 per year.
Average Business Analyst/Manager Salary
$117,198 Yearly
$56.35 hourly
$87,000
10 %
$117,000
Median
$157,000
90 %

What Am I Worth?

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Business Analyst/Manager Education

Business Analyst/Manager Majors

35.3 %
8.2 %

Business Analyst/Manager Degrees

Bachelors

68.3 %

Masters

18.1 %

Associate

9.7 %

Top Colleges for Business Analyst/Managers

1. Northwestern University

Evanston, IL • Private

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

2. University of Pennsylvania

Philadelphia, PA • Private

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

3. New York University

New York, NY • Private

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA • Private

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

5. George Washington University, The

Washington, DC • Private

In-State Tuition
$55,230
Enrollment
12,161

6. Pennsylvania State University

University Park, PA • Private

In-State Tuition
$18,454
Enrollment
40,108

7. Lehigh University

Bethlehem, PA • Private

In-State Tuition
$52,930
Enrollment
5,030

8. Harvard University

Cambridge, MA • Private

In-State Tuition
$50,420
Enrollment
7,582

9. University of Georgia

Athens, GA • Private

In-State Tuition
$11,830
Enrollment
29,474

10. Ball State University

Muncie, IN • Private

In-State Tuition
$9,896
Enrollment
15,529

Top Skills For a Business Analyst/Manager

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, 29.4% of business analyst/managers listed business process on their resume, but soft skills such as analytical skills and communication skills are important as well.

Choose From 10+ Customizable Business Analyst/Manager Resume templates

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

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Business Analyst/Manager Demographics

Business Analyst/Manager Gender Distribution

Male
Male
53%
Female
Female
47%

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

  • Among business analyst/managers, 46.6% of them are women, while 53.4% are men.

  • The most common race/ethnicity among business analyst/managers is White, which makes up 67.8% of all business analyst/managers.

  • The most common foreign language among business analyst/managers is Spanish at 32.5%.

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Best States For a Business Analyst/Manager

Some places are better than others when it comes to starting a career as a business analyst/manager. The best states for people in this position are Maryland, Massachusetts, New Jersey, and New York. Business analyst/managers make the most in Maryland with an average salary of $135,866. Whereas in Massachusetts and New Jersey, they would average $134,715 and $133,625, respectively. While business analyst/managers would only make an average of $132,793 in New York, 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. Massachusetts

Total Business Analyst/Manager Jobs:
2,430
Highest 10% Earn:
$187,000
Location Quotient:
1.12

2. Maryland

Total Business Analyst/Manager Jobs:
1,724
Highest 10% Earn:
$191,000
Location Quotient:
1.15

3. New Jersey

Total Business Analyst/Manager Jobs:
2,011
Highest 10% Earn:
$187,000
Location Quotient:
1.07
Full List Of Best States For Business Analyst/Managers

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Top Business Analyst/Manager Employers

Most Common Employers For Business Analyst/Manager

Rank  Company  Average Salary  Hourly Rate  Job Openings  
1Citi$142,878$68.6918
2Ernst & Young$133,132$64.018
3Cisco$128,041$61.5612
4Capgemini$126,026$60.5916
5JPMorgan Chase & Co.$125,539$60.3655
6Amgen$125,061$60.137
7Microsoft$122,835$59.0639
8Morgan Stanley$122,832$59.059
9Accenture$122,098$58.7015
10Bank of America$118,379$56.9131

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