Do you aspire to work as a business analyst? But you’re not sure how to get started, and whether the Business Systems Analyst Salary is as great as you think?
The following article would provide you with the most basic info about this industry.
Robert Half Technology metro market manager, David Knapp, said: “Business analysts are in high demand. For example, with so much access to data, firms are hiring technology professionals who can manage and store that data, but if they don’t have business analysts who can work with sales and marketing teams, they won’t be able to use that data effectively.”
The Difference between a Business Analyst and a Systems Analyst
Business Systems Analyst – Who Are They?
Business systems analysts (often called as systems analysts) will be in charge of gathering and analyzing data and information. At the same time, they will detect changes in business systems and implement improvements if needed.
They will collaborate with managers and end-users to gain a better understanding of the business computer system. Also, they keep track of how each new requirement or feature integrates with the overall business process.
Business Systems Analyst Job’s Detailed Description: What Do They Do?
Systems Analysts will be in charge of improving procedures, proposing new system processes, and maintaining accurate records of structural modifications. They should always be wise and innovative in providing strategies and solutions as long as they abide by the corporate goals. They also enforce systems and procedures to maximize efficiency and revenue at the same time.
What do business systems analysts do? Source: betterteam
Detailed Duties And Responsibilities
- Examine and analyze relevant information.
- Translate information if needed.
- Improve the company’s profitability.
- Record and report on unit efficacy.
- Improve the company’s business performance.
- Create a device update guide.
- Inform IT teams of critical details.
- Estimate the costs of enhancements and improvements.
- Address current device flaws.
- Compile, write, and distribute specifications for device processes.
Requirements and Qualifications
Do you dream of becoming a business systems analyst? Source: techrepublic
- A bachelor’s degree in business, computer science, or an IT-related field is required, with a master’s degree in business or a related field preferred.
- Previous work experience as a business systems analyst for two years.
- Microsoft Office Suite (Word, PowerPoint, Outlook, and Excel) and COBOL, C, and other programming languages are needed.
- Ability to interpret data and evaluate system documents.
- Excellent communications skills and contact with all levels of management.
- Capable of multitasking, prioritizing, and effectively managing time.
- Self-directed and self-motivated.
Business Analyst Vs Systems Analyst. What Is The Difference?
Business analysts must collaborate with project stakeholders at all levels in general (including senior executives). They’ll also have to inform customers at the start and end of the process to ensure everyone knows the whole process and its purposes.
Systems analysts have a more technical-applying position. They should also devote more time to collaborating with the project team on technical strategies and monitoring the product’s construction. Their participation is critical during the project’s system analysis process.
Business analyst vs systems analyst. What is the difference? Source: pmtips
According to the Bureau of Labor Statistics (BLS), this profession is expected to grow 9% from 2018 to 2028. This growth is faster than the average for all occupations in the U.S. Additionally, O * NET Online shows more than 53,400 new opportunities for entry-level and experienced business systems analysts between 2018 and 2028.
To explain this development, BLS found that many businesses are turning to cloud computing instead of traditional computer hardware and software due to its simplicity and ample storage space. Hence, companies are seeking expertise in technology and information technology.
Business Systems Analyst’s Good Income
How about their income? Source: images.squarespace-cdn
According to ZipRecruiter, the average annual salary for a business systems analyst in the United States is $ 91,789, or $ 44.13 per hour, $1,765/week, or $ 7,649/month. Meanwhile, the IT business systems analyst salary is $ 95,072 a year on average (from April 16, 2021), equivalent to $ 45.71 an hour and $ 1,828/week or $ 7,923/month.
According to the survey, the majority of Business Systems Analyst salaries in the United States range from $ 71,500 (25th percentile) to $ 107,500 (75th percentile) for those with the highest earnings (percentile 90th).
Furthermore, depending on position, skill level, geographic location, and experience, a business systems analysts’ salary could be more than the average income – up to $36,000.
Top 10 Highest Paying Cities for Business Systems Analyst Jobs
The table below shows the top ten cities with the highest typical salaries for business systems analysts (above the national average):
|City||Annual Salary||Monthly Pay||Weekly Pay||Hourly Wage|
|San Mateo, CA||$113,163||$9,430||$2,176||$54.41|
|Daly City, CA||$109,021||$9,085||$2,097||$52.41|
|San Francisco, CA||$102,206||$8,517||$1,966||$49.14|
San Mateo, Berkeley, and Daly City are ranked first, second, and third, respectively. In particular, San Mateo is $ 21,373 (23.3 percent) higher than the national average of $ 91,789; the City of Daly and San Mateo, respectively, beat the national averages of $ 17,231 (18.8%) and $ 21,373 (23.3%).
It’s worth noting that the job market for Business Systems Analysts in San Mateo is extremely active. A lot of corporations and businesses are hiring for this role.
Therefore, business systems analysts may use the data above to choose your workplace to earn more.
Top 5 Best Paying Related Business Systems Analyst Jobs in the U.S.
According to ZipRecruiter, at least five positions related to the role of Business Systems Analyst pay more than the average annual salary of a typical Business Systems Analyst.
For more information on these top 5 occupations, see the table below:
|Job Title||Annual Salary||Monthly Pay||Weekly Pay||Hourly Wage|
|Curam Business Analyst||$158,415||$13,201||$3,046||$76.16|
|Business Analyst Manager||$117,033||$9,753||$2,251||$56.27|
|IT Business Partner||$109,423||$9,119||$2,104||$52.61|
|Senior Business Systems Analyst||$109,371||$9,114||$2,103||$52.58|
|Senior Business Process Analyst||$108,977||$9,081||$2,096||$52.39|
According to the data, all of these positions pay well, with higher average salaries ranging from $ 17,188 (18.7%) to $ 66,626 (72.6%) than the business systems analysts’ average salary of $91,789. As a result, if you are confident in your skills and experience, consider converting to one of these five industries to boost your earnings.
Turning Into A Business Systems Analyst
Isn’t the business systems analyst salary very appealing? That is good news for all youth who are currently following or have previously pursued this career industry. It’s high time to work as a business systems analyst!
In reality, a master’s or bachelor’s degree in business management, computer information systems, or a similar field is required to work as a business systems analyst.
Even so, strong technical skills, including experience with software and hardware, are imperative if you want a stable job with a decent salary while engaging in this career path.
Grasp Your Attention: