Business Analyst Write For Us
Business analysts use data to generate business insights and recommend changes in companies and other organizations. Although Business analysts can identify problems in virtually any part of an organization, including IT processes, organizational structures, or people development.
As companies seek to increase efficiency and reduce costs, business analytics have become an important part of their operations. Let’s look at what economic analysts do and what it takes to get an economic analysis job.
What does a Business Analyst do?
Business analysts identify areas that can be improved to increase efficiency and strengthen business processes. They often work closely with others throughout the organizational hierarchy to communicate their insights and help implement change.
Duties and responsibilities may include:
Identify and prioritize the organization’s functional and technical needs and requirements.
- Use SQL and Excel to analyze large amounts of data
- Compilation of graphs, tables, and other data visualization elements.
- Creation of financial models to support business decisions.
- Understand business strategies, goals and requirements.
- Planning of enterprise architecture (structure of a company)
- Create forecasts, budget and perform variance analysis and financial analysis.
Why Pursue a Career in Business Analytics?
As a business analyst, you can support your company’s success with data-driven insights. It’s a career where every day brings new challenges and opportunities to use your skills. If you enjoy helping people, asking questions, solving problems and working independently, a career as a business analyst could be for you.
Business Analyst Salary
According to Glassdoor, the median salary for business analysts in the United States as of December 2021 was $77,218. Your exact salary will vary by company, location and level of experience.
Job Prospects
Demand for business analysts has increased in recent years and is expected to continue. The U.S. Bureau of Labor Statistics (BLS) projects job growth between 2020 and 2030 for similar positions will range from 7 percent (computer systems analysts) to 25 percent (operations research analysts). Other related job titles include management analyst and operations analyst, both of which serve similar roles to business analysts.
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