How to Write a Business Analyst Job Description

Often described as agents of change, business analysts align IT projects with the overarching business goals of modern-day companies. These professionals analyze processes, determine requirements and deliver data-driven recommendations for operational efficiency. According to the U.S. Bureau of Labor Statistics, there’s a growing demand for business analysts, projecting 11% growth from 2023 to 2033. This article explores their role, discusses typical salary ranges, outlines the necessary skills and more to help recruiters draft an effective business analyst job description.

What Does a Business Analyst Do?

Business analysts assess companies and their business data to identify goals, develop best practices for data collection and communicate their findings and plans to key stakeholders. Here are some of a business analyst’s key responsibilities:

• Analyzing business operations and performance metrics to identify inefficiencies
• Gathering and analyzing data to develop actionable insights for business solutions
• Supporting the implementation of new systems or processes, such as testing and validation
• Creating models that outline current processes and proposing improvements for better efficiency

Business Analyst Skills and Qualifications

Education

Here’s a look at the educational paths for a business analyst:

• Bachelor’s degree in business administration or related field: Most entry-level BA positions require a bachelor’s degree. Some common areas of study include business administration, finance, accounting, computer science and operational management.
• Master’s degree: Many employers prefer candidates with a Master of Business Administration or a master’s degree in business analytics or a related field. These degrees can enhance career prospects and salary potential.

Experience

Below are some career paths of business analysts with varying levels of experience:

• Entry level: Entry-level roles, such as junior business analysts, require little to no prior experience. They assist senior analysts with data collection and handle noncritical tasks.
• Midlevel: These roles may require 3-5 years of experience. They handle business analysis tasks and complete projects such as user stories or requirements models.
• Senior level: These positions often require over 5 years of experience. Roles include lead business analyst and business analyst manager.

Certifications

Certifications can further improve a business analyst’s credentials. Some of them include:

• Entry Certificate in Business Analysis: This certification helps beginners establish their credentials in the field.
• Certification of Competency in Business Analysis: This certification helps midlevel professionals gain more expertise.
• Certified Business Analysis Professional: The International Institute of Business Analysis offers this certification to help BAs showcase their professional qualifications to employers.

Skills

Here are some key skills for business analysts:

• Analytical skills: Skills such as critical thinking and problem-solving help BAs evaluate complex data and processes.
• Documentation skills: Having good documentation skills helps BAs understand project goals and create clear and concise documentation.
• Technical skills: BAs need a strong understanding of programming languages, data analysis tools and systems analysis.
• Communication skills: Strong verbal and written communication skills help BAs facilitate discussions, actively listen to stakeholders and present their findings clearly.

Employers also seek candidates who are familiar with Agile principles, have basic project management skills and are proficient with business intelligence tools.

Business Analyst Potential Projects

Here’s a list of potential projects a business analyst can consider:

• CRM system implementation: Streamline customer relationship management processes for better data management and client relationships.
• Supply chain optimization: Analyze and improve supply chain processes to reduce costs and increase efficiency.
• Data analytics strategy development: Create strategies to drive business decisions using data analytics.
• E-commerce platform redesign: Revamp online retail platforms for better user experience and to increase conversion rates.
• Market entry feasibility studies: Assess the viability of entering new markets, including competitive analysis and risk assessment.

Business Analyst Salary Expectations

The salary of a business analyst can vary based on experience, location and industry. Here are the salary ranges:

• Entry-level (0-3 years): $70,000-$79,278 per year
• Midcareer (3-5 years): $79,278-$83,564 per year
• Senior level (5-10 years): $83,564-$100,907 per year

Business Analyst Work Hours and Benefits

Depending on the industry and organization, business analysts often work in a structured office environment. This includes data analysis, meetings, and collaboration with various stakeholders, including marketing and sales teams. 95% of BAs work full-time, while the rest work part-time.

They often adhere to a standard 40-hour workweek and may occasionally work overtime, depending on project demands. The role can involve time-sensitive tasks and requires good time management skills to meet deadlines and quality standards. While the job can be demanding, many analysts report manageable stress levels.

Benefits for business analysts can vary depending on the employer and industry, but they often include:

• Health insurance: This includes comprehensive medical, dental and vision coverage.
• Retirement plans: This includes options such as 401(k) plans with employer-matching contributions.
• Career development opportunities: Many employers offer access to training programs, workshops and tuition reimbursement for further education.
• Paid time off: Paid time off includes vacation days, sick leave and holidays.

Business Analyst FAQs

Is Business Analyst an IT Job?

Business analysts aren’t necessarily IT professionals, though they may have an IT background or assist with IT tasks.

How Do Business Analysts Contribute to Digital Transformation?

Business analysts serve as links between business stakeholders and IT teams. They ensure the communication of business requirements to technical teams for smoother implementation of digital solutions. They also advise stakeholders on the benefits of digital transformation and address any concerns.

How Does the Role of a Business Analyst Differ in Agile Environments?

The role of a business analyst in Agile environments is more dynamic and integrated compared to traditional methodologies. In Agile, BAs are an important link between business stakeholders and technical teams. With traditional roles, they may focus more on documentation. Agile BAs prioritize requirements based on business value and technical feasibility instead of setting them at the beginning of the project.

What Are Some Emerging Job Titles Related to Business Analyst?

Here are some job titles related to business analyst:

• Data analyst
• Digital transformation analyst
• Customer experience analyst
• Product owner
• Agile analyst
• Requirements engineer

Key Insights for Business Analyst Career Growth and Success

Here are some insights to becoming a top-notch business analyst:

• Stay updated with industry trends, technologies and methodologies through continuous education and relevant certifications.
• Strong communication, negotiation and stakeholder management skills are essential for project success.
• Build a strong portfolio of successful projects and case studies to demonstrate expertise and outcomes to potential employers.

Through these insights, recruiters can draft job descriptions that attract the right talent. Define core attributes clearly, and elevate your team with top-tier business analysts. Don’t settle; invest in the talent that will take your business to the next level!