Business/Data Analyst

What is a Business/Data Analyst?

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).

Business/Data Analyst Salary Range

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25th Percentile
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50th Percentile
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*Current as of December 2022.  

Foundational Skills

Written and Verbal Communications, Problem Solving/Decision Making, Systems Analysis, Detail Orientation, Initiative, Consulting

Occupational Skills

Business Management Principles

Novice Level

Knowledge of principles governing business management methods such as strategy planning, methods of efficient production, people and resources coordination.

Emerging Level

Knowledge of elaborate methodologies through which a company markets and sells a product or service to generate income.

Proficient Level

Ability to apply methodologies.

Gather Information & Requirements

Novice Level

Can gather Information & Requirements, Document project requirements, analyze the data to the best of their ability, work internally with an Emerging or Proficient peer to identify gaps requirements.

Emerging Level

Experience gathering and clarifying project requirements. Operates more independently.

Proficient Level

Experience with applying systematic research methods and communicating with relevant parties in order to find specific information and evaluate research results to assess the information’s relevance.

Preform Business Analysis

Novice Level

Able to document business needs.

Emerging Level

Perform research on business needs and gather competitive business domain data.

Proficient Level

Familiarity with evaluating the condition of a business on its own and in relation to the competitive business domain, performing research, placing data in context of the business’ needs and determining areas of opportunity.

Interpret Business Information/Data Analysis

Novice Level

Collect data and statistics.

Emerging Level

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 regards to the management of a business in order to draw conclusions on projects, strategies, and developments.

Proficient Level

Presentation of information in digestible format and making information usable.

Provide Improvement Strategies

Novice Level

Can document root causes and the problems associated.

Emerging Level

Identify root causes of problems and submit proposals for effective and long-term solutions.

Proficient Level

Analyze and adapt existing business operations in order to set new objectives and meet new goals and future goals.

Recommend Changes

Novice Level

Document findings of study.

Emerging Level

Prepare recommendations for implementation of new systems, procedures, or organizational changes.

Proficient Level

Design, evaluate, recommend, and approve changes of forms and reports present findings to stakeholders.

Statistical Analysis

Novice Level

Experience with software used for analytics, business intelligence, data management, and predictive analytics (e.g., Tableau).

Emerging Level

Knowledge of the study of statistical theory, methods and practices such as collection, organization, analysis, interpretation and presentation of data. It 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.

Proficient Level

Present findings to stakeholders.

Develop & Track Metrics

Novice Level

Experience with gather, report, analyze. Need to be liaison between IT + biz.

Emerging Level

Create key metrics for a project to help measure its success.

Proficient Level

Understands how metrics are likely to drive behavior and how to appropriately balance metrics.

Experience + Training

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). 

Below is a list of TechPoint programs and our partner programs in Indiana that offer experiences to develop digital skills for a Business/Data Analyst. These include certificate and degree attainment, internship programs, and mentorship to help you prepare for a career in tech.   

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.

Adult Resources

Here are the TechPoint programs and partner organizations for career changers to get training and experience in this field.