You are interested in business systems and their functionality and you want to help with that. Business analytics sounds like a perfect field for you, and the entry-level business analyst position is the place to start.
What Is A Business Analyst?
A business analyst does research in order to make decisions. To make decisions, they have a high level of business processes and business needs. They listen and understand the clients and stakeholders within these decisions, and build long-term relationships with them.
According to the Bureau of Labor Statistics, they predict an 11% job increase within 2019 to 2029. This means that there is large job growth, much faster than other industries.
The average median wage of a business analyst job is $85,260.
What Education Is Needed to be a Business Analyst?
To begin, business analysts need bachelor’s degrees. Most have a bachelor’s in business analytics, but they can also major in related areas such as computer science (with knowing data analysis), information technology, and finance.
If business analysts do not have a major in business analytics, they can have either a minor or certificate.
Popular certificates for business analysis are IIBA Entry Certificate in Business Analysis (ECBA), IIBA Certification of Competency in Business Analysis (CCBA), IIBA Certified Business Analysis Professional (CBAP), and IIBA Agile Analysis Certification (AAC).
In order to grow within the field, business analysts go back and get further certificates and master’s degrees; either in science or business. But, building years of experience also strengthens an analyst’s job growth ability.
It can be common for entry-level business analyst jobs to require 1-5 years of experience. This can be difficult for recent college graduates. Although, do not get discouraged in the job search.
Instead, look for other analyst roles like test analyst, project coordinator/analyst, customer service, technical support, marketing analyst, operations analyst, data entry, systems analyst, project manager, data analyst, or financial analyst.
These entry-level positions can build up a resume with gaining analytics experience in related fields before getting into the business side of analytics.
What Skills Are Needed to be a Business Analyst?
These skills will be on job descriptions for job seekers. Be aware of these skills early on to develop them throughout the college experience.
- Oral and written communication skills
- Organizational skills
- Problem-solving and creativity with problem-solving
- Multiple projects at the same time
- High-level knowledge of Microsoft Office: Word, PowerPoint, Access, Excel, Project.
- Ability to work on a team
- Handle a fast-paced environment
- Understanding of analytics software such as SAS Business Analytics, R.R., Microstrategy, Board, Splunk, Sisense, Dundas BI.
Resumes and Cover Letters for Business Analyst Positions
Within a resume and cover letter for these positions, be detail-oriented because this role has a lot of power and trust. Throughout a resume, highlight your ability to plan, analyze, evaluate, and minimize risks for a business.
The best thing for a business analyst resume is to have an internship or two on it. This will allow for solid work experience to happen while still pursuing a bachelor’s degree. SAP has a Business Analyst Internship that is highly regarded in the industry. But, there are many companies that have business analyst internships available.
Common Interview Questions for Entry-Level Business Analyst Roles
An entry-level business analyst interview will include questions to get to know you, but also about your knowledge of business analytics.
- What is the business analyst role in an organization?
- What will you do if you need to make changes to requirements?
- What is benchmarking?
- What do you know about validation?
- What are the tools you use for business analytics?
- How do you assess a requirement?