How to Become a Business Analyst

5 Steps to Becoming a Business Analyst
FAQ on Earning Your Business Analyst Degree
You might be able to leapfrog over entry-level positions if you've worked in an applicable field prior to or during your pursuit of a business analyst degree. For example, software developers often have skill sets that make the transition natural and easy. Just working for a company that employs business analysts could make you stand out to hiring managers who may be impressed by your mastery of that company's stakeholders, organizational structure and business model.
The Holy Grail of business analyst education is the academic trifecta of IT, business and communication. Business analysts must understand the world of business and the technology that drives those businesses, and they must be fluent in the languages of both departments. A blend of communications, computer science and broad-spectrum business competency is the right formula to use as a jumping-off point for nearly all entry-level business analyst positions.
It's true that programming knowledge can make a resume shine, but don't get too bogged down with specialized computer programming until you begin working toward a specialty later down the road. In the beginning, a basic knowledge of HTML, Javascript and SQL will suffice.
Visual modeling and other graphic representations are a key part of the business analyst's toolbox, as is a strong working knowledge of analysis tools that harvest, organize and interpret large data sets.
No matter which specialty you end up pursuing, you'll benefit from an education centered on sales and marketing, elicitation and facilitation, as well as problem-solving as it pertains to the development of business solutions.
Business analysts must have excellent time-management skills and possess the ability to think critically. Not only must business analysts be able to handle change, but they will be relied upon to continually foster and drive positive change in the environments where they operate.
Business Analyst Salary & Job Growth
If you're considering a career as a business analyst, you're probably curious about how much money you can expect to earn along the way. According to salary data site Glassdoor, the average business analyst earns $70,170 a year, with the average entry-level employee earning $65,000 and a senior business analyst pulling in an average annual salary of $88,000. Business analysts can also expect to have their checks padded with average non-salary annual compensation of $5,496. That, however, is the average. Salary data site PayScale lists the median annual salary as $58,805 and informs prospective candidates that most data analysts receive raises during their first decade before moving on to other positions after roughly 20 years.
Currently Employed: 73,110
Change in Employment (2016-2026): 6%
Currently Employed: 13,850
Change in Employment (2016-2026): 0%
Currently Employed: 140,330
Change in Employment (2016-2026): N/A
Currently Employed: 49,680
Change in Employment (2016-2026): 19%
Currently Employed: 978,370
Change in Employment (2016-2026): 12%
Currently Employed: 178,980
Change in Employment (2016-2026): 19%
Currently Employed: 90,370
Change in Employment (2016-2026): 8%
Currently Employed: 27,680
Change in Employment (2016-2026): 10%
Currently Employed: 445,980
Change in Employment (2016-2026): 19%
Currently Employed: 234,750
Change in Employment (2016-2026): 13%
Currently Employed: 27,350
Change in Employment (2016-2026): 6%
Currently Employed: 26,350
Change in Employment (2016-2026): 11%
Currently Employed: 328,610
Change in Employment (2016-2026): 7%
Currently Employed: 117,190
Change in Employment (2016-2026): 10%
Currently Employed: 67,560
Change in Employment (2016-2026): 12%
Currently Employed: 67,330
Change in Employment (2016-2026): 6%
Currently Employed: 73,400
Change in Employment (2016-2026): 9%
Currently Employed: 68,480
Change in Employment (2016-2026): 12%
Currently Employed: 23,390
Change in Employment (2016-2026): 2%
Currently Employed: 165,330
Change in Employment (2016-2026): 4%
Currently Employed: 201,220
Change in Employment (2016-2026): 9%
Currently Employed: 204,080
Change in Employment (2016-2026): 8%
Currently Employed: 161,080
Change in Employment (2016-2026): 8%
Currently Employed: 30,420
Change in Employment (2016-2026): 4%
Currently Employed: 139,900
Change in Employment (2016-2026): 9%
Currently Employed: 19,860
Change in Employment (2016-2026): 9%
Currently Employed: 49,040
Change in Employment (2016-2026): 12%
Currently Employed: 46,430
Change in Employment (2016-2026): 12%
Currently Employed: 28,550
Change in Employment (2016-2026): 8%
Currently Employed: 233,820
Change in Employment (2016-2026): 7%
Currently Employed: 34,740
Change in Employment (2016-2026): 7%
Currently Employed: 543,880
Change in Employment (2016-2026): 13%
Currently Employed: 213,810
Change in Employment (2016-2026): 14%
Currently Employed: 17,050
Change in Employment (2016-2026): 11%
Currently Employed: 270,580
Change in Employment (2016-2026): 7%
Currently Employed: 69,400
Change in Employment (2016-2026): 4%
Currently Employed: 87,150
Change in Employment (2016-2026): 13%
Currently Employed: 279,180
Change in Employment (2016-2026): 6%
Currently Employed: 27,010
Change in Employment (2016-2026): 9%
Currently Employed: 75,380
Change in Employment (2016-2026): 9%
Currently Employed: 19,110
Change in Employment (2016-2026): 4%
Currently Employed: 120,350
Change in Employment (2016-2026): 15%
Currently Employed: 575,030
Change in Employment (2016-2026): N/A
Currently Employed: 70,800
Change in Employment (2016-2026): 24%
Currently Employed: 15,990
Change in Employment (2016-2026): 7%
Currently Employed: 265,210
Change in Employment (2016-2026): 11%
Currently Employed: 203,780
Change in Employment (2016-2026): 17%
Currently Employed: 22,080
Change in Employment (2016-2026): 5%
Currently Employed: 137,430
Change in Employment (2016-2026): 12%
Currently Employed: 8,220
Change in Employment (2016-2026): 8%
Definitive job outlook predictions and statistics for business analysts are difficult to come by. The Bureau of Labor Statistics (BLS) tracks trends and numbers for management analysts, who perform similar duties and whose job title is often used interchangeably with that of business analyst. Employment for management analysts is expected to grow by 14 percent in the decade between 2016-2026, which is faster than projected growth in the general job market. A recent report issued by the University of California, Irvine predicts varied growth for six different business analyst specialties between 2012-2022. The spectrum starts at 6.1 percent projected growth for budget analysts and goes all the way up to 31.6 percent projected growth for market research analysts and marketing specialists.
Finding a Business Analyst Program
When researching potential academic programs that could lead to a career as a business analyst, you already know to focus on business or a related field with supplementary study in communications and computer science — but subject matter isn't the only consideration. Cost is obviously a deciding factor, but so is the method of delivery. Online education, for example, provides distance learners with incredible flexibility in scheduling without sacrificing quality in learning. Accelerated courses will speed up the process, but the individual courses are likely to be heavier and more challenging. You might be able to spend significantly less money by starting your academic journey at a community college or another two-year school, but it's critical in that case to make sure your credits will transfer when you move to a four-year college or university.
Professional Business Analyst Associations & Groups
Business analysts connect IT departments with the larger business divisions — and it's important for them to stay connected to each other, as well. From trade associations and networking groups to industry-specific job boards and ongoing education centers, these groups and communities exist solely to unite and empower both current and future business analysts.
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Business Analyst Learnings
Visit BAL for career development resources, contacts and networking opportunities, informative articles and blogs and social media groups.
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Digital Analytics Association
DAA is a professional organization dedicated to serving business analysts and other professionals whose work involves the use of data and digital platforms.
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International Engineering Requirements Board
Professionals in the business analysis field can benefit from the three-level certification concept developed and administered by the IERB.
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International Institute of Business Analysts
IIBA is the most prominent and widely recognized association for business analysts around the world.
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Modern Analyst
Modern Analyst provides extensive networking opportunities through Facebook, LinkedIn and other social platforms exclusively for business and systems analysts.
Resources for Business Analysts
Business analysis is a complicated field. The following resources can help you chart your career, pursue your education, learn more about the industry and help you develop a better understanding of what to expect when you start working.
Business Analyst Body of Knowledge (BABOK)
Developed and distributed by IIBA, the BABOK guide is the definitive work for business analysts. Created in conjunction with 150 researchers and writers from 20 countries, the BABOK guide is the closest thing business analysts have to an industry bible.Business Analyst Times
Dedicated solely to the profession and the industry, BA Times offers webinars, job boards, articles, white papers and other useful resources that are critical both to industry professionals and aspiring business analysts.The Business Analyst's Guide to Networking on LinkedIn
This tutorial is designed specifically for business analysts and prospective business analysts who are seeking to expand their networks on the world's largest professional social media channel.How to Start a Business Analyst Career
This book serves as a thorough and actionable guide to becoming a business analyst.ICCP
ICCP provides assessment, certification, education and ethics enforcement for a range of business, computer and data analytics professionals.Related Careers at a Glance
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