Conduct organizational studies and evaluations, design systems and procedures, conduct work simplification and measurement studies, conduct business intelligence and data analyses, prepare operations and procedures reports. Includes program analysts and management consultants.
Business/Data Analysts can expect to make an average salary of $70,700 annually (or $72,600 in total compensation package). The highest earners for this role can expect to see around $79,300 annually (or $82,100 in total compensation).
Written and Verbal Communications, Problem Solving/Decision Making, Systems Analysis, Detail Orientation, Initiative, Consulting
Knowledge of elaborate methodologies through which a company markets and sells a product or service to generate income
Can gather information & requirements
Document project requirements
Analyze data to the best of their ability
Work internally with an emerging or proficient peer to identify gaps requirements
Experience gathering and clarifying project requirements
Operates more independently
Perform research on business needs and gather competitive business domain data
Uses collected data and statistics to test and evaluate in order to generate assertions and pattern predictions, with the aim of discovering useful information in a decision making process
Retrieve and analyze different kinds of information with regard to the management of a business in order to draw conclusions on projects, strategies, and developments
Identify root causes of problems and submit proposals for effective and long-term solutions
Knowledge of the study of statistical theory, methods and practices such as collection, organization, analysis, interpretation and presentation of data
Deals with all aspects of data, including the planning of data collection in terms of the design of surveys and experiments in order to forecast and plan work-related activities
Act as a liaison between IT and business units
Create key metrics for a project to help measure its success
The pathway below represents an example career pathway in the ever-changing Digital Innovation Economy.
To be a Business/Data Analyst, you need an Associate’s Degree and some experience and/or a Bachelor degree in business, engineering, technology, math or computer science. Other preferred and/or required certifications for a Business/Data Analyst include: Certified Management Consultant (CMC), Certified Data Scientist-Foundation, Certified Business Analyst, Business Intelligence (more employer specific).
Want to try on being a Business/Data Analyst? Explore our free virtual work simulation through Forage and gain hands on experience for this role directly from industry: Data Analytics Work Simulation and Data Science for Business Work Simulation.
Check out our Career Resources Directory to find programs in Indiana that offer opportunities to develop your skills. These include certificate and degree attainment, internship programs, and mentorship to help you prepare for a career in tech.
