Business analyst salaries outpace other professions, with the average being £47,500
A business analyst analyses a business domain and documents its processes, assessing the overall business model and technology integration.
Acting as a liaison between stakeholders and project teams, a business analyst works with the structure, policies and operations of a company in order to recommend solutions that best reach goals and deadlines.
Working closely wiith IT departments, a business analyst strives to improve the quality of service and product being delivered.
A business analysis will occasionally support the integration, development and implementation of new training material which requires project management skills.
The four tiers of business analysis are:
- Strategy planning - pinpoints an organisation's requirements in terms of budget, investment and timescales
- Business model analysis - defines company policies and how to approach the business target market
- Process design - streamlines workflow
- Systems analysis - working out business requirements for IT systems
Work in any industry, including finance, banking, insurance, telecoms, utilities, software services, web development and more.
The role of a business analyst is not predefined, meaning that a professional can switch between industries depending on what career path they wish to take.
A keen interest in IT is a good starting point, but a business analysis will also be required to take on marketing and financial roles as well.
Traits of a great business analyst are:
- Critical thinker
- Story telling
- Business acumen
- Commerically savvy
- Analytical mindset
- Design focused
- People skills
- High levels of communication
There's no defined way to become a business analyst - you make your own path.
In a lot of cases a business analyst will come from a technical background, having worked in programming, engineering or computer science.
This professional usually then feels more drawn towards a managerial leadership role, and begins to take on project management roles within the company they work for, aided by the practical knowledge they already have of the product.
Business analyst certifications are recognised around the globe due to the skillset being regulated across all industries; and a candidate is regarded as a business analysis professional once certified and with enough experience.