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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

  • $75,000

    Average Salary

What Does A Senior Business Analyst Do

A Senior Business Analyst provides strategic business analysis services to business partners. They analyze business processes, identify alternative solutions, and recommend new approaches.

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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Senior Business Analyst jobs

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Real Senior Business Analyst Salaries

Job Title Company Location Start Date Salary
Senior Business Analyst Flexytie, Inc. New York, NY May 01, 2015 $192,000
Senior Business Analyst Goldentree Asset Management, LP New York, NY Aug 15, 2016 $185,000
Senior Business Analyst Iris Software, Inc. Jersey City, NJ Nov 03, 2016 $180,000
Senior Business Analyst Peer Consulting Resources New York, NY Sep 10, 2015 $177,395
Senior Business Analyst MCG Services Corporation San Rafael, CA Jul 27, 2015 $176,800
SR. Business Analyst BAHA Industries Corp. New York, NY Feb 12, 2015 $175,000
Senior Business Analyst BAHA Industries Corp. Irving, TX Jul 13, 2015 $175,000
Senior Business Analyst BAHA Industries Corp. Richfield, MN Jul 02, 2015 $175,000
Senior Pricing Actuary and Business Analyst Allianz Global Risks Us Insurance Company New York, NY Sep 15, 2016 $170,297
SR. Business Analyst BAHA Industries Corp. New York, NY May 09, 2016 $170,000

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Top Skills for A Senior Business Analyst

BusinessRequirementDocumentBusinessProcessBusinessStakeholdersSQLServerMicrosoftVisioFinancialUATTestPlansTestCasesApplicationDevelopmentWebComplianceUserAcceptanceJADQAFunctionalRequirementsSMERequirementsGatheringUMLSharepoint

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Top Senior Business Analyst Skills

  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.
  • Assisted with new design/redesign of business processes to streamline processes and improve efficiency.
  • Managed sign-offs and relationships with business stakeholders.
  • Worked extensively with MS SQL Server.
  • Designed and developed Use Case diagrams using Microsoft Visio.

Top Senior Business Analyst Employers

Senior Business Analyst Videos

A day and a life of a senior Business Analyst

Business Analysis Training: Describe your project