What is a Business Analyst?
There are many different definitions as to what a Business Analyst is, however, when looking at the IT industry specifically the BCS (The chartered institute for IT) appear to have one of the most complete yet concise. They propose a Business analyst is: "An internal consultancy role that has responsibility for investigating business systems, identifying options for improving business systems and bridging the needs of the business with the use of IT."
How to become a Business Analyst
There are many ways to get Business Analyst jobs, however nowadays the most common route in to an entry level role is through a university degree. Business Analysts usually come from a technical background and so their degrees tend to be in subjects such as computer science.
As well as through an academic route a large proportion of business analysts find their jobs through working as a programmer or an engineer in order to build up experience before moving in to business analyst jobs.
Although the majority of Business Analysts have technical experience, there are a growing number of business analysts who make the move from the business side of companies in to the technical side. They do this by demonstrating their status as a subject matter expert and as someone with top notch analytical skills.
You can also complete a CBAP (Certified Business Analyst Professional) program which is a certification program provided by the International Institute of Business Analysis.
What do business analysts do?
Business Analyst roles vary dramatically dependent upon the company and the industry in which they are in. The areas a business analyst can cover range from the technical side where they may be involved in tasks such as converting detailed business rules in to system requirements to the business side where they could be converting shareholder returns or risk appetite in to strategic plans for the company.
Business Analyst Jobs Market
Demand for Business Analysts plummeted in during the depths of the recession, however since then there has been a huge resurgence and demand is now back to a pre-recession level. The average salary for a business analyst is 42,500 however business analysts with a great deal of experience can demand salaries in excess of 100,000. At an entry level you can expect to receive around 22,500.
As with most careers, the highest salaries are usually to be found in the London area.
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