Junior business analysts work with the functional areas in an organization, such as sales, customer support, marketing, to gather and analyze the market and industry data. They work with senior business analysts and project teams to ensure the products being developed comply with the needs of the customers. Data analysis is their primary duty. Also, they analyze the impact of projects on business outcomes, compile systems information, and provide feedback to producers. Furthermore, they may be expected to contribute to the development of test scripts and test plans.
To become a junior business analyst, you need a bachelor's degree in business administration, economics, or any related field with a minimum of three years of related work experience. You must possess problem-solving, teamwork, client management, analytical, multitasking, and interpersonal skills.
Junior business analysts are paid about $63,097 per year or $30.34 per hour. Their salary varies from $51,000 to $77,000.
There is more than meets the eye when it comes to being a junior business analyst. For example, did you know that they make an average of $30.34 an hour? That's $63,097 a year!
Between 2018 and 2028, the career is expected to grow 14% and produce 118,300 job opportunities across the U.S.
There are certain skills that many junior 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 interpersonal skills, problem-solving skills and time-management skills.
When it comes to the most important skills required to be a junior business analyst, we found that a lot of resumes listed 14.9% of junior business analysts included to-be, while 13.2% of resumes included business process, and 11.6% of resumes included user interface. 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 junior business analyst job title. But what industry to start with? Most junior business analysts actually find jobs in the finance and technology industries.
If you're interested in becoming a junior business analyst, one of the first things to consider is how much education you need. We've determined that 68.0% of junior business analysts have a bachelor's degree. In terms of higher education levels, we found that 19.3% of junior business analysts have master's degrees. Even though most junior 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 junior business analyst. When we researched the most common majors for a junior 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 junior business analyst resumes include associate degree degrees or diploma degrees.
You may find that experience in other jobs will help you become a junior business analyst. In fact, many junior business analyst jobs require experience in a role such as business analyst. Meanwhile, many junior business analysts also have previous career experience in roles such as internship or administrative assistant.