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Become A Senior Business Analyst

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Working As A Senior Business 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

  • $84,000

    Average Salary

What Does A Senior Business 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 Senior Business 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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Do you work as a Senior Business Analyst?

Senior Business Analyst Jobs

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Senior Business Analyst Career Paths

Senior Business Analyst
Information Technology Project Manager Director Of Information
Chief Information Officer
11 Yearsyrs
Information Technology Director Technical Consultant Customer Relationship Management Consultant
Customer Relationship Management Manager
8 Yearsyrs
Senior Project Manager Principal Consultant Senior Manager
Director Of Enterprise Architecture
14 Yearsyrs
Senior Consultant Senior Manager
Director Of Information
10 Yearsyrs
Project Manager Senior Project Manager
Director Of Project Management
12 Yearsyrs
Program Manager Consultant Senior Software Engineer
Director Of Software Development
12 Yearsyrs
Senior Manager Director Of Information
Director, Applications
13 Yearsyrs
Lead Business Analyst Project Manager Information Technology Project Manager
Information Technology Director
10 Yearsyrs
Management Consultant Senior Consultant Information Technology Project Manager
Manager, Project Management Office
12 Yearsyrs
Senior Project Manager Senior Product Manager
Product Management Director
12 Yearsyrs
Finance Manager Operations Manager Business Analyst
Product Owner
9 Yearsyrs
Business Analyst/Project Manager Project Manager
Program Manager
8 Yearsyrs
Program Manager Information Technology Project Manager Director Of Information
Senior Director Of Information & Technology
13 Yearsyrs
Product Manager Operations Manager Human Resources Coordinator
Senior Human Resources Consultant
9 Yearsyrs
Business Analyst/Project Manager Information Technology Project Manager
Senior Information Technology Manager
10 Yearsyrs
Senior Consultant Program Manager Marketing Manager
Senior Product Manager
9 Yearsyrs
Project Manager Program Manager
Senior Project Manager
12 Yearsyrs
Information Technology Project Manager Senior Project Manager
Senior Technical Program Manager
12 Yearsyrs
Product Manager Senior Manager Director Of Information
Vice President Of Information Technology
12 Yearsyrs
Finance Manager Account Manager Product Manager
Vice President, Product Management
13 Yearsyrs
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Do you work as a Senior Business Analyst?

Help others decide if this is a good career for them

Average Length of Employment
Business Analyst 2.9 years
Top Employers Before
Consultant 4.5%
Analyst 2.5%
Manager 1.8%
Top Employers After
Consultant 5.4%
Manager 2.7%

Do you work as a Senior Business Analyst?

Senior Business Analyst Demographics

Gender

Male

54.4%

Female

42.6%

Unknown

3.0%
Ethnicity

White

66.0%

Asian

21.2%

Hispanic or Latino

7.8%

Unknown

3.9%

Black or African American

1.0%
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Languages Spoken

Spanish

36.0%

French

11.0%

Chinese

6.9%

Mandarin

6.2%

Portuguese

6.2%

German

5.6%

Russian

4.8%

Hindi

3.3%

Italian

3.1%

Arabic

2.5%

Japanese

2.3%

Cantonese

2.1%

Korean

1.9%

Carrier

1.9%

Urdu

1.5%

Armenian

1.2%

Vietnamese

1.0%

Polish

1.0%

Thai

0.8%

Romanian

0.6%
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Senior Business Analyst Education

Schools

University of Phoenix

18.3%

George Washington University

7.3%

New York University

6.3%

Villanova University

6.2%

DePaul University

4.9%

Pennsylvania State University

4.8%

George Mason University

4.7%

University of Houston

4.7%

Northeastern University

4.4%

Georgia State University

4.2%

University of Southern California

4.1%

Strayer University

3.8%

Boston University

3.6%

University of Texas at Austin

3.6%

Michigan State University

3.5%

University of Connecticut

3.5%

Drexel University

3.2%

Texas A&M University

3.2%

University of Texas at Arlington

2.9%

University of Maryland - University College

2.9%
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Majors

Business

31.2%

Finance

10.3%

Computer Science

9.0%

Accounting

5.9%

Computer Information Systems

5.1%

Management

4.9%

Project Management

4.3%

Marketing

3.9%

Information Technology

3.9%

Management Information Systems

3.6%

Economics

2.9%

Information Systems

2.7%

Electrical Engineering

2.2%

Psychology

1.6%

Management Science

1.6%

Computer Engineering

1.6%

Engineering

1.4%

Mathematics

1.3%

Communication

1.3%

Political Science

1.2%
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Degrees

Bachelors

40.8%

Masters

39.5%

Other

10.9%

Certificate

3.8%

Associate

2.8%

Doctorate

1.2%

Diploma

1.0%

License

0.1%
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Job type you want
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Part Time
Internship
Temporary

Real Senior Business Analyst Salaries

Job Title Company Location Start Date Salary
SR. Business Analyst Infogen Software Inc. Ashburn, VA Mar 27, 2018 $135,491
SR. Business Analyst Anira Solutions Inc. Ashburn, VA Feb 28, 2018 $123,261
Senior Business Analyst Cybersource Corporation Ashburn, VA Jun 25, 2018 $112,856 -
$125,300
SR. Business Analyst Visa Technology &Amp; Operations LLC Ashburn, VA Jun 11, 2018 $103,800 -
$166,100
Senior Business Analyst Infogen Software Inc. Ashburn, VA Sep 08, 2016 $103,750 -
$104,000
Senior Business Analyst Mastech Alliance, Inc., A Mastech Holdings Company Ashburn, VA Jan 04, 2016 $102,493
Senior Business Analyst Mastech, Inc., A Mastech Holdings, Inc. Company Ashburn, VA May 01, 2013 $96,096 -
$111,096
Senior Business Analyst Byteware Inc. Ashburn, VA Jan 01, 2016 $84,000
SR. Business Analyst Infogen Software Inc. Ashburn, VA Nov 13, 2017 $83,304 -
$84,000
Sr.Business Analyst Anira Solutions Inc. Ashburn, VA Jul 20, 2015 $80,000
SR. Business Analyst Anira Solutions Inc. Ashburn, VA Sep 10, 2015 $70,000

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Top Skills for A Senior Business Analyst

BusinessRequirementDocumentBusinessProcessBusinessStakeholdersSQLServerMicrosoftVisioFinancialUATTestPlansTestCasesApplicationDevelopmentJADWebUserAcceptanceComplianceQANon-FunctionalRequirementsSMERequirementsGatheringUMLSharepoint

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  1. Business Requirement Document
  2. Business Process
  3. Business Stakeholders
You can check out examples of real life uses of top skills on resumes here:
  • Analyze the requirements and prepare the business requirement document and source targeting mapping document.
  • Recommended process adjustments to streamline and automate business processes.
  • Managed sign-offs and relationships with business stakeholders.
  • Managed RPD's SQL Server databases.
  • Coach business team to understand and document business process flow using Microsoft Visio.

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