According to the National Center for Education Statistics, out of 5 undergraduate degrees, there is at least one in the business major. Yes, people love the business field; and if you’re one of those, you might know how many business-related positions there are. If you’re a business grad looking for a beginner position, consider some business analyst entry level jobs.
The position has a great job outlook and is perfect for those who like a mix of business and data analysis. Read on for more information regarding the job’s duties, requirements, salaries, and career outlook.
Business Analyst Entry Level Jobs: What Are The Duties?
The tasks of entry-level business analysts entail assisting in effectively recording the organization’s operations and necessities.
They mainly concentrate on collecting and recording company fundamentals that will serve as the foundation for enterprise system solutions. Another task is conducting economic strategy, assessment, and analysis of corporate concerns and objectives.
This position also entails counseling customers on how to use technologies to assist the organization more effectively.
Additionally, junior analysts will have to have a solid understanding of clients, organizations, company goals, and the field to assist clients in solving sale related and organizational structure problems.
An entry-level business analyst has a lot of tasks to handle. – Simplilearn
Moreover, they assess customer requirements and procedures to develop ideas or optimize the existing system. This role also allows collaboration with clients and technical departments to lend operational support to the investment operations.
This entry-level vocation is responsible for all parts of the business development life cycle, including project implementation and assisting firms in meeting the division objectives.
Sometimes, the beginner business analyst’s position involves supporting and collaborating with senior business analysts.
Junior Business Analysts: Job Description
Employers would need entry-level business analysts to have solid time management abilities to cope with various demands, duties, and activities outlined in the following list:
- Employ statistical approaches to examine and provide recommendations on various business issues, including optimizing performance, segmenting the market, managing and detecting risks, and analyzing client profitability.
- Examine customer operational inquiries and conduct data collection surveys.
- Collaborate with various departments to propose options that meet the company expectations and record all business data.
- Establish business objectives while also conducting statistical analysis and data reconfiguration.
- Find practical business approaches while coordinating and reviewing official proposals for alternatives.
- Serve as a bridge between internal and external IT employees.
- Execute client approval testing and develop comprehensive testing strategies and testing requirements.
- Finish assessment plans and test cases by performing tests, evaluating and reporting results, addressing problems and determining any corresponding process, and guaranteeing paperwork are up to date.
- Actively engage and aid in setting up meetings for essential queries, specifically to collect consumer demands.
- Assist in developing requirement outlines, paperwork, and simple operational demands to achieve the business goals.
See a daily life of an entry-level business analyst:
Required Qualifications And Experience To Be An Entry-level Business Analyst
Regarding qualifications, bachelor’s diplomas are mandatory for all positions for business analysts, including beginners. Even though most possess a bachelor’s degree in business analytics, you could alternatively use your degree in computing science (including expertise in data analysis), IT, or finance.
If having a degree in business analytics is a bit out of your reach, consider acquiring a degree or a certificate regarding the profession. Some of the most notable business analysis qualifications you could consider are:
- 1. IIBA Entry Certificate in Business Analysis (ECBA)
- 2. IIBA Certification of Competency in Business Analysis (CCBA)
- 3. IIBA Certified Business Analysis Professional (CBAP)
- 4. IIBA Agile Analysis Certification (AAC)
Business analysts must continuously pursue extra qualifications and master’s programs in sciences or business to advance in their careers. However, having extensive experience also improves an analyst’s potential to get ahead in the industry.
The qualifications for BA positions are rigorous. – LSU Online
Junior business analyst positions typically mandate at least 1 to 5 years of working history in the same field, which might be tricky for fresh grads. However, do not give up on your employment hunt.
Alternatively, seek other analyst positions. Indeed, before moving onto the business aspect of analytics, those jobs might help establish an outstanding résumé by collecting analytics experiences in relevant industries.
The most common positions regarding the analyst industry are test analyst, project coordinator, project analyst, team support, business system analyst, marketing analyst, operations analyst, data administrator, project manager, data analyst, and financial analyst.
Among the above positions, being a data analyst is one of the best choices – it helps you gain more experience while offering you a well-paid income. The data analyst salary California is around $60,164 annually.
Necessary Skills And Abilities Of A Junior Business Analyst
Recruiters typically expect potential candidates for the position of entry-level business analyst to have some of the essential qualities below to carry out their responsibilities successfully:
- A great passion for resolving issues regarding business and technological concerns.
- A great desire to learn along with exceptional analytical abilities.
- Adaptability, and the ability to cope with unpredictable situations.
- Responsiveness and attentiveness in a collaborative setting.
- Solid competency and passion in facts and figures as well as maths.
- Strong leadership abilities, as well as personal integrity and reliability.
For better preparation, refer to our most asked interview question list.
The Salary Of An Entry Level Business Analyst
According to ZipRecruiter, as of November 11, 2021, the average yearly salary for a junior business analyst in the US is $51,444 annually.
While ZipRecruiter reports yearly incomes vary from $27,000 to $71,000, most entry-level business analyst earnings in the US now run from $42,000 to $58,500, having the highest incomes averaging $65,500.
The earning of an entry-level business analyst is quite decent. – Online Business Degree Programs
The typical salary range for an entry-level business analyst fluctuates minimally (approximately $16,500), implying that there are slight possibilities for higher compensation or advancement, even after multiple years of employment in the same position.
Additionally, there are also salary variations when it comes to different states. Below is a complete table of a junior business analyst’s annual income by states:
Business Analyst Job Outlook: Is It A Potential Field?
The IIBA Global State of Business Analysis Survey offers a valuable international survey to clarify better how business analysis is progressing in sectors throughout the globe and prove that this business career does hold a potential outlook.
The positions hold a bright future. – Maryville University Online
According to the BA Times, the volume of business analyst employment in the Us would jump tremendously from 364,000 to 2,720,000 in the upcoming years.
Moreover, as the US Bureau of Labor Statistics (BLS) claimed, recruitment of management analysts – especially business analysts – is predicted to increase 14% during 2018 and 2028, substantially quicker than the national average.
As anticipated, most business analytics jobs are located in metropolitans, where significant firms have their headquarters. Indeed, Washington, D.C., New York City, Chicago, Los Angeles, and Boston have the highest recruitment rates for business and management analysts.
Hopefully, now you’ve grasped all the basics regarding business analyst entry level jobs. Not only does the position offer you decent earnings, but it also provides a strong foundation for any other related jobs. Thus, if you have a thing for analysis and business, give it a whirl.