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Working as a Strategic Business Analyst

There is more than meets the eye when it comes to being a strategic business analyst. For example, did you know that they make an average of $35.77 an hour? That's $74,403 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 Strategic Business Analyst Do

There are certain skills that many strategic 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 analytical skills, critical-thinking skills and communication skills.

When it comes to the most important skills required to be a strategic business analyst, we found that a lot of resumes listed 32.6% of strategic business analysts included new processes, while 13.2% of resumes included business requirements, and 5.2% of resumes included sql. 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 strategic business analyst job title. But what industry to start with? Most strategic business analysts actually find jobs in the technology and manufacturing industries.

How To Become a Strategic Business Analyst

If you're interested in becoming a strategic business analyst, one of the first things to consider is how much education you need. We've determined that 44.9% of strategic business analysts have a bachelor's degree. In terms of higher education levels, we found that 43.5% of strategic business analysts have master's degrees. Even though most strategic business analysts have a college degree, it's impossible 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 strategic business analyst. When we researched the most common majors for a strategic 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 strategic business analyst resumes include associate degree degrees or doctoral degree degrees.

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

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Average Salary$74,403
Job Growth Rate14%

Strategic Business Analyst Jobs

Strategic Business Analyst Career Paths

Top Careers Before Strategic Business Analyst

Top Careers After Strategic Business Analyst

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 Strategic Business Analyst

Strategic Business Analysts in America make an average salary of $74,403 per year or $36 per hour. The top 10 percent makes over $108,000 per year, while the bottom 10 percent under $50,000 per year.
Average Salary
$74,403

Best Paying Cities

City
Average Salary
New York, NY
Salary Range70k - 120k$92k$92,062
Nutley, NJ
Salary Range66k - 113k$87k$86,720
San Francisco, CA
Salary Range64k - 116k$86k$86,429
Morrisville, NC
Salary Range65k - 105k$84k$83,505
Broomfield, CO
Salary Range62k - 95k$78k$77,690
Wilmington, DE
Salary Range57k - 97k$75k$75,335
$36k
$120k

Recently Added Salaries

Job TitleCompanyCompanyStart DateSalary
Strategic Business Analyst
Strategic Business Analyst
Randstad
Randstad
10/08/2019
10/08/2019
$115,00010/08/2019
$115,000
Strategic Operations Business Analyst
Strategic Operations Business Analyst
Homelight Inc.
Homelight Inc.
06/03/2019
06/03/2019
$63,93906/03/2019
$63,939
Strategic Business Analyst
Strategic Business Analyst
Lenovo (United States) Inc.
Lenovo (United States) Inc.
04/15/2019
04/15/2019
$71,57304/15/2019
$71,573
Strategic Business Analyst
Strategic Business Analyst
Jpmorgan Chase & Co.
Jpmorgan Chase & Co.
04/12/2019
04/12/2019
$95,00004/12/2019
$95,000
Strategic Business Analyst
Strategic Business Analyst
Jpmorgan Chase & Co.
Jpmorgan Chase & Co.
03/25/2019
03/25/2019
$75,00003/25/2019
$75,000
See More Recent Salaries

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Strategic Business Analyst Demographics

Gender

male

55.4 %

female

39.1 %

unknown

5.5 %

Ethnicity

White

70.7 %

Asian

13.2 %

Hispanic or Latino

7.0 %

Foreign Languages Spoken

Spanish

30.8 %

Chinese

15.4 %

Portuguese

7.7 %
See More Demographics

Strategic Business Analyst Education

Majors

Business
36.3 %
Finance
8.8 %

Degrees

Bachelors

44.9 %

Masters

43.5 %

Certificate

5.8 %

Top Colleges for Strategic Business Analysts

1. Northwestern University

Evanston, IL

In-State Tuition
$54,568
Enrollment
8,451

2. University of Pennsylvania

Philadelphia, PA

In-State Tuition
$55,584
Enrollment
10,764

3. New York University

New York, NY

In-State Tuition
$51,828
Enrollment
26,339

4. University of Southern California

Los Angeles, CA

In-State Tuition
$56,225
Enrollment
19,548

5. George Washington University, The

Washington, DC

In-State Tuition
$55,230
Enrollment
12,161

6. Pennsylvania State University

University Park, PA

In-State Tuition
$18,454
Enrollment
40,108

7. Lehigh University

Bethlehem, PA

In-State Tuition
$52,930
Enrollment
5,030

8. Harvard University

Cambridge, MA

In-State Tuition
$50,420
Enrollment
7,582

9. University of Georgia

Athens, GA

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

10. Ball State University

Muncie, IN

In-State Tuition
$9,896
Enrollment
15,529
See More Education Info

Entry Level Jobs For Becoming A Strategic Business Analyst

Job type you want
Full Time
Part Time
Internship
Temporary

Top Skills For a Strategic Business Analyst

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, 32.6% of strategic business analysts listed new processes on their resume, but soft skills such as analytical skills and critical-thinking skills are important as well.

Best States For a Strategic Business Analyst

Some places are better than others when it comes to starting a career as a strategic business analyst. The best states for people in this position are Washington, New York, Connecticut, and New Jersey. Strategic business analysts make the most in Washington with an average salary of $98,768. Whereas in New York and Connecticut, they would average $91,314 and $89,805, respectively. While strategic business analysts would only make an average of $87,026 in New Jersey, 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. District of Columbia

Total Strategic Business Analyst Jobs:
859
Highest 10% Earn:
$167,000
Location Quotient:
3.06
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. Connecticut

Total Strategic Business Analyst Jobs:
615
Highest 10% Earn:
$147,000
Location Quotient:
1.36
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 York

Total Strategic Business Analyst Jobs:
2,294
Highest 10% Earn:
$150,000
Location Quotient:
1.22
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 Strategic Business Analyst Employers

1. JPMorgan Chase
4.9
Avg. Salary: 
$61,216
Strategic Business Analysts Hired: 
40+
2. Qualcomm
4.8
Avg. Salary: 
$109,824
Strategic Business Analysts Hired: 
9+
3. Target
4.6
Avg. Salary: 
$38,992
Strategic Business Analysts Hired: 
5+
4. America II Electronics
4.4
Avg. Salary: 
$56,686
Strategic Business Analysts Hired: 
5+
5. Duke Energy
4.8
Avg. Salary: 
$53,199
Strategic Business Analysts Hired: 
4+
6. American Express
4.8
Avg. Salary: 
$67,062
Strategic Business Analysts Hired: 
4+

Recently Added Strategic Business Analyst Jobs

Updated October 2, 2020