The 21st century business analyst’s world is multifaceted. As a mediator, moderator, connector and ambassador, the business analyst must bring the business needs together with IT resources. Successful business analysts tend to be clear communicators, smooth facilitators, precise analyzers and team players. Plus, the ideal analyst has the versatility of various business functions, such as operations, finance, engineering, technology or architecture
What Does a Business Analyst Do?
The analyst works with the business to identify opportunities for improvement in business operations and processes
The analyst is involved in the design or modification of business systems or IT systems
The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs
The analyst gathers, documents, and analyzes business needs and requirements
The analyst solves business problems and, as needed, designs technical solutions
The analyst documents the functional and, sometimes, technical design of the system
The analyst interacts with system architects and developers to ensure the system is properly implemented
The analyst may help test the system and create system documentation and user manuals
How Much Do Business Analysts Make?
Depending upon which business analyst career path you choose, you’re certain to benefit from a highly rewarding and lucrative career. To give you an idea of how profitable this field can be, take a look at these job titles and average salaries, based on U.S. Bureau of Labor statistics, for a variety of business analyst jobs:
Average Annual Salary
Information Security Analyst : $86,170
Computer Systems Analyst : $79,680
Management Analyst: $78,600
Financial Analyst: $76,950
Budget Analyst: $69,280
#1 – Good Business Analysts Have the Basics Covered
What Does a Business Analyst Do?
The analyst works with the business to identify opportunities for improvement in business operations and processes
The analyst is involved in the design or modification of business systems or IT systems
The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs
The analyst gathers, documents, and analyzes business needs and requirements
The analyst solves business problems and, as needed, designs technical solutions
The analyst documents the functional and, sometimes, technical design of the system
The analyst interacts with system architects and developers to ensure the system is properly implemented
The analyst may help test the system and create system documentation and user manuals
How Much Do Business Analysts Make?
Depending upon which business analyst career path you choose, you’re certain to benefit from a highly rewarding and lucrative career. To give you an idea of how profitable this field can be, take a look at these job titles and average salaries, based on U.S. Bureau of Labor statistics, for a variety of business analyst jobs:
Average Annual Salary
Information Security Analyst : $86,170
Computer Systems Analyst : $79,680
Management Analyst: $78,600
Financial Analyst: $76,950
Budget Analyst: $69,280
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