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Become A Business/Applications Analyst

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Working As A Business/Applications Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $83,000

    Average Salary

What Does A Business/Applications Analyst Do

Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Duties

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis. 

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

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How To Become A Business/Applications Analyst

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

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Business/Applications Analyst Career Paths

Business/Applications Analyst
Business Analyst Consultant Information Technology Manager
Senior Information Technology Manager
10 Yearsyrs
Business Analyst Project Manager Senior Project Manager
Director Of Project Management
12 Yearsyrs
Business Analyst Project Manager Information Technology Director
Vice President Of Information Technology
12 Yearsyrs
Senior Business Analyst Project Manager
Manager, Project Management
9 Yearsyrs
Senior Business Analyst Manager Business Development Manager
Senior Business Development Manager
10 Yearsyrs
Senior Business Analyst Senior Consultant Program Manager
Engagement Manager
9 Yearsyrs
Consultant Senior Software Engineer
Director Of Software Development
12 Yearsyrs
Consultant Senior Accountant Senior Finance Analyst
Finance Project Manager
8 Yearsyrs
Team Leader Account Manager Product Manager
Vice President, Product Management
13 Yearsyrs
Team Leader Manager Information Technology Manager
Application Manager
9 Yearsyrs
Team Leader Project Leader Technical Project Manager
Implementation Manager
8 Yearsyrs
Business Analyst-Consultant Project Analyst Senior Finance Analyst
Finance Leader
7 Yearsyrs
Business Analyst-Consultant Project Analyst Senior Analyst
Analytical Manager
8 Yearsyrs
Business Analyst-Consultant Business Systems Senior Analyst
Product Owner
9 Yearsyrs
Business Systems Senior Analyst Business Analyst/Project Manager Consultant/Project Manager
Manager, Project Management Office
12 Yearsyrs
Business Systems Senior Analyst Program Manager Supply Chain Manager
Business Process Manager
10 Yearsyrs
Senior Software Engineer Project Leader Project Management Lead
Change Manager
9 Yearsyrs
Senior Software Engineer Technical Project Manager Implementation Manager
Integration Manager
9 Yearsyrs
Senior Systems Analyst Senior Systems Engineer Senior Technical Consultant
Vice President, Technology
11 Yearsyrs
Manager Property Manager Asset Manager
Vending Manager
7 Yearsyrs
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Do you work as a Business/Applications Analyst?

Help others decide if this is a good career for them

Average Length of Employment
Business Analyst 2.9 years
Solutions Analyst 2.4 years
Top Careers Before Business/Applications Analyst
Consultant 5.3%
Programmer 3.6%
Internship 3.0%
Manager 2.5%
Top Careers After Business/Applications Analyst
Consultant 5.5%
Manager 2.2%
Analyst 2.0%

Do you work as a Business/Applications Analyst?

Business/Applications Analyst Demographics

Gender

Male

49.0%

Female

41.1%

Unknown

9.9%
Ethnicity

White

55.3%

Asian

16.6%

Hispanic or Latino

12.8%

Black or African American

10.9%

Unknown

4.3%
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Foreign Languages Spoken

Spanish

53.8%

Portuguese

15.4%

Japanese

7.7%

Sami

3.8%

French

3.8%

Malay

3.8%

Armenian

3.8%

Arabic

3.8%

Italian

3.8%
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Business/Applications Analyst Education

Schools

University of Phoenix

17.6%

George Mason University

7.5%

University of Memphis

7.5%

University of North Carolina at Greensboro

6.9%

George Washington University

5.0%

North Carolina State University

5.0%

Colorado Technical University

5.0%

University of South Florida

3.8%

Illinois Institute of Technology

3.8%

Pennsylvania State University

3.8%

Regis University

3.8%

Cleveland State University

3.8%

Drexel University

3.8%

Northeastern University

3.8%

New York University

3.1%

Christian Brothers University

3.1%

University of Cincinnati

3.1%

University of Pittsburgh -

3.1%

University of Missouri - Saint Louis

3.1%

University of Maryland - University College

3.1%
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Majors

Business

31.3%

Computer Science

11.9%

Computer Information Systems

9.3%

Information Technology

5.9%

Management Information Systems

5.4%

Accounting

4.2%

Finance

3.9%

Management

3.3%

Information Systems

3.2%

Project Management

3.0%

Computer Engineering

2.7%

Electrical Engineering

2.4%

Health Care Administration

2.3%

Marketing

2.3%

Psychology

2.0%

Computer Networking

1.5%

Mathematics

1.5%

English

1.4%

Communication

1.4%

General Education, Specific Areas

1.4%
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Degrees

Bachelors

45.4%

Masters

30.0%

Other

12.1%

Associate

6.1%

Certificate

3.7%

Diploma

1.4%

Doctorate

1.2%

License

0.1%
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Job type you want
Full Time
Part Time
Internship
Temporary
Average Yearly Salary
$83,000
View Detailed Salary Report
$60,000
Min 10%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$83,000
Median 50%
$114,000
Max 90%
Highest Paying City
Farmington, CT
Highest Paying State
North Dakota
Avg Experience Level
3.4 years
How much does a Business/Applications Analyst make at top companies?
The national average salary for a Business/Applications Analyst in the United States is $83,330 per year or $40 per hour. Those in the bottom 10 percent make under $60,000 a year, and the top 10 percent make over $114,000.

Real Business/Applications Analyst Salaries

Job Title Company Location Start Date Salary
Finance Business Applications Analyst Yelp Inc. San Francisco, CA Aug 07, 2016 $142,800
Financial Business Applications Analyst Yelp Inc. San Francisco, CA Jul 08, 2013 $135,446
Finance Business Applications Analyst Yelp, Inc. San Francisco, CA Dec 29, 2014 $135,000
Business Application Analyst FMC Technologies Houston, TX Nov 22, 2016 $130,000
Business Analyst, Application Marketplace Groupm Worldwide, LLC New York, NY Nov 07, 2016 $125,000
Business Analyst, Application Marketplace Groupm Worldwide, LLC New York, NY Jul 20, 2016 $125,000
Business Application Analyst The Climate Corporation San Francisco, CA Jun 30, 2016 $117,603 -
$127,000
Business Applications Analyst III Sap Labs, LLC Palo Alto, CA Apr 23, 2014 $116,053
Senior Business Applications Analyst American Tower Corporation Woburn, MA Oct 12, 2015 $115,000
Expert Business Applications Analyst, SAP SONY Electronics, Inc. San Diego, CA Sep 17, 2016 $112,194
Applications Business Analyst Nimble Storage, Inc. San Jose, CA Jun 26, 2015 $110,000
Business Applications Analyst Semiconductor Components Industries, LLC Phoenix, AZ Sep 05, 2016 $110,000
Business Application Analyst The Climate Corporation San Francisco, CA Oct 13, 2014 $110,000
Business Applications Analyst Semiconductor Components Industries, LLC Phoenix, AZ May 09, 2016 $110,000
SR. Business Applications Analyst SONY Electronics, Inc. San Diego, CA Aug 26, 2016 $93,600
Business Analyst-Applications Reckitt Benckiser LLC Parsippany-Troy Hills, NJ Jan 21, 2014 $93,359
Business Application Analyst Roush Management, L.L.C. Farmington, MI Apr 21, 2016 $93,246
Business Application Analyst Roush Management, L.L.C. Farmington, MI Apr 22, 2013 $92,000
Business Application Analyst Roush Management LLC Farmington, MI Sep 01, 2015 $92,000
Associate, Business Analyst, Global Technology, Application Services Db Services New Jersey, Inc. Jersey City, NJ Jul 06, 2015 $91,104
Business Applications Analyst Superior Court of Ca County of Santa Cruz Santa Cruz, CA Jan 02, 2016 $91,038
Senior Business Application Analyst SONY Electronics Inc. San Diego, CA Nov 26, 2014 $90,000
Business Analyst Applications Schaeffler Group USA, Inc. Fort Mill, SC Jan 27, 2014 $80,000 -
$90,000
Business Applications Analyst American Tower Corporation Cary, NC Aug 23, 2016 $80,000
Business Applications Analyst Sap America, Inc. Newtown, PA Sep 30, 2015 $78,971
Landmark CRM Application Business Analyst/Lead C2S Technologies Inc. Bellevue, WA Aug 25, 2014 $78,000
Business Applications Analyst Poclain Hydraulics, Inc. Sturtevant, WI Oct 01, 2014 $77,147 -
$80,000
Application Hosting Business Analyst Cummins Inc. West Windsor, NJ Aug 01, 2014 $76,253 -
$81,300
Analyst II, SAP Business Applications Shure Incorporated Niles, IL May 04, 2015 $75,352 -
$120,563

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Top Skills for A Business/Applications Analyst

  1. Business Requirements
  2. Project Management
  3. Business Processes
You can check out examples of real life uses of top skills on resumes here:
  • Interviewed business clients to analyze their business requirements and recommend and design technological improvements to their business processes and operational procedures.
  • Lead the post acquisition technology integration including infrastructure, cost reductions, project management and business applications.
  • Re-engineered internal business processes and systems in order to enhance business efficiency and overall growth.
  • Utilized Microsoft Access SQL programming language to design and implement front-end applications connected to secure patient databases.
  • Gathered and documented doctor company's business requirements and developed, entered and verified test cases.

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Top 10 Best States for Business/Applications Analysts

  1. Rhode Island
  2. New Jersey
  3. District of Columbia
  4. Delaware
  5. Pennsylvania
  6. New York
  7. Minnesota
  8. Connecticut
  9. Colorado
  10. California
  • (156 jobs)
  • (1,349 jobs)
  • (858 jobs)
  • (180 jobs)
  • (1,379 jobs)
  • (2,360 jobs)
  • (1,103 jobs)
  • (621 jobs)
  • (931 jobs)
  • (5,364 jobs)

Top Business/Applications Analyst Employers

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