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Business Analyst/Manager Careers

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.

There is more than meets the eye when it comes to being a business analyst/manager. For example, did you know that they make an average of $47.96 an hour? That's $99,753 a year!

Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.

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.

When it comes to the most important skills required to be a business analyst/manager, we found that a lot of resumes listed 29.4% of business analyst/managers included business process, while 11.6% of resumes included project management, and 6.8% of resumes included sigma. 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 business analyst/manager job title. But what industry to start with? Most business analyst/managers actually find jobs in the technology and finance industries.

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 62.6% of business analyst/managers have a bachelor's degree. In terms of higher education levels, we found that 16.6% 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.

Choosing the right major is always an important step when researching how to become a business analyst/manager. When we researched the most common majors for a business analyst/manager, 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/manager resumes include associate degree degrees or high school diploma degrees.

You may find that experience in other jobs will help you become a business analyst/manager. In fact, many business analyst/manager jobs require experience in a role such as business analyst. Meanwhile, many business analyst/managers also have previous career experience in roles such as senior business analyst or project manager.

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Average Salary
$99,753
Average Salary
Job Growth Rate
14%
Job Growth Rate
Job Openings
83,587
Job Openings

Business Analyst/Manager Career Paths

Top Careers Before Business Analyst/Manager

Top Careers After Business Analyst/Manager

What is the right job for my career path?

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

Average Salary for a Business Analyst/Manager

Business Analyst/Managers in America make an average salary of $99,753 per year or $48 per hour. The top 10 percent makes over $132,000 per year, while the bottom 10 percent under $75,000 per year.
Average Salary
$99,753

Best Paying Cities

City
ascdesc
Average Salarydesc
New York, NY
Salary Range89k - 138k$111k$111,194
Seattle, WA
Salary Range90k - 135k$111k$110,572
Hoboken, NJ
Salary Range88k - 137k$110k$110,186
Boston, MA
Salary Range84k - 135k$107k$107,266
San Francisco, CA
Salary Range81k - 136k$106k$105,818
Baltimore, MD
Salary Range85k - 129k$105k$104,938
$43k
$138k

Recently Added Salaries

Job TitleCompanyascdescCompanyascdescStart DateascdescSalaryascdesc
Manager Business Analyst-US Telecommute
Manager Business Analyst-US Telecommute
Unitedhealth Group
Unitedhealth Group
03/25/2021
03/25/2021
$79,70003/25/2021
$79,700
Manager Business Analyst-Remote Nationwide
Manager Business Analyst-Remote Nationwide
Unitedhealth Group
Unitedhealth Group
03/18/2021
03/18/2021
$79,70003/18/2021
$79,700
Business Analyst IV/Public Health Informatics Manager
Business Analyst IV/Public Health Informatics Manager
Fairfax County Sheriff's Office
Fairfax County Sheriff's Office
09/27/2020
09/27/2020
$75,51609/27/2020
$75,516
Tolls Business Analyst Manager
Tolls Business Analyst Manager
Florida Department of Transportation
Florida Department of Transportation
09/25/2020
09/25/2020
$73,10009/25/2020
$73,100
Tolls Business Analyst Manager
Tolls Business Analyst Manager
State of Florida
State of Florida
09/24/2020
09/24/2020
$73,10009/24/2020
$73,100
See More Recent Salaries

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Business Analyst/Manager Demographics

Gender

male

51.5 %

female

44.1 %

unknown

4.4 %

Ethnicity

White

70.7 %

Asian

13.2 %

Hispanic or Latino

7.0 %

Foreign Languages Spoken

Spanish

32.5 %

French

16.3 %

Portuguese

7.5 %
See More Demographics

Business Analyst/Manager Education

Majors

Business
34.8 %
Finance
8.1 %

Degrees

Bachelors

62.6 %

Masters

16.6 %

Associate

8.8 %

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 • Public

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 • Public

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

10. Ball State University

Muncie, IN • Public

In-State Tuition
$9,896
Enrollment
15,529
See More Education Info
Job type you want
Full Time
Part Time
Internship
Temporary

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.

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 New York, New Jersey, Washington, and Massachusetts. Business analyst/managers make the most in New York with an average salary of $110,663. Whereas in New Jersey and Washington, they would average $110,015 and $109,721, respectively. While business analyst/managers would only make an average of $107,292 in Massachusetts, 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. New York

Total Business Analyst/Manager Jobs:
3,653
Highest 10% Earn:
$167,000
Location Quotient:
1.21
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. Massachusetts

Total Business Analyst/Manager Jobs:
2,430
Highest 10% Earn:
$166,000
Location Quotient:
1.12
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. New Jersey

Total Business Analyst/Manager Jobs:
2,011
Highest 10% Earn:
$165,000
Location Quotient:
1.07
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
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Top Business Analyst/Manager Employers

1. JPMorgan Chase
4.9
Avg. Salary: 
$117,732
Business Analyst/Managers Hired: 
51+
2. Capgemini
4.4
Avg. Salary: 
$106,949
Business Analyst/Managers Hired: 
42+
3. Microsoft
4.9
Avg. Salary: 
$103,474
Business Analyst/Managers Hired: 
38+
4. Bank of America
4.8
Avg. Salary: 
$99,315
Business Analyst/Managers Hired: 
24+
5. Citi
4.8
Avg. Salary: 
$122,218
Business Analyst/Managers Hired: 
18+
6. Electronic Data Systems
4.4
Avg. Salary: 
$92,099
Business Analyst/Managers Hired: 
16+

Business Analyst/Manager Videos

Updated October 2, 2020