Associate Business Analyst Job Description
People capable of understanding business tasks and seeing them through from start to finish might make good associate business analysts. And even better is if they also enjoy leveraging technology to help both customers and employees succeed. Companies both large and small hire associate business analysts; the job typically is performed full-time in an office environment.
Associate Business Analyst Duties and Responsibilities
The exact nature of the job will differ by where an associate business analyst is employed; many positions demand significant technical knowledge. Based on listings we’ve examined, all candidates should be prepared to demonstrate that they can perform the following tasks:
Meet with Others
Whether talking with a client about the requirement needs of new software or checking in with a senior analyst to see what administrative tasks need attention, associate business analysts spend much of their day communicating with people. At many places, they work closely with the IT department as go-betweens with clients to see to it that desires are understood before technical solutions are developed.
Associate business analysts are adept at handling data—collecting it, reading it, making observations, and drawing conclusions. They also are good researchers who use the tools at their disposal to obtain more information, such as what the competition is doing.
Solve Operational Issues
Good associate business analysts are always on the lookout for ways to improve the company. They offer suggestions on how to run things more efficiently and design ways to test out their theories.
When the company decides on new procedures, the associate business analyst is often charged with putting the changes into place. Actions may include instructing workers, answering questions, creating training manuals, and overseeing tasks to be sure they are being done correctly.
Report to Others
Associate business analysts have their pulse on many facets of company operations. As masters of data, they are in a position to pull numbers that quantifiably provide support on whether or not a procedure is succeeding, such as whether a new initiative has actually improved employee output. But because they also spend a considerable amount of time interacting with clients and staff, associate business analysts are in the position to offer their own observations and pass along comments from others. Whether discussed in a meeting or formally written up in a report, the director of operations and other pertinent leadership find this information helpful.
Associate Business Analyst Skills and Qualifications
Associate business analysts are part of a team and must work well with management, tech staff, and other colleagues. They also should be excellent multitaskers capable of handling demands coming in from various directions and prioritizing them. More things that are essential to getting the job done include:
- Communication – often called upon to act as a liaison between departments or to collect information from clients, associate business analysts need to listen carefully and explain information in ways that others can understand clearly
- Organization – staying on top of projects to see them through from start to finish requires managing time and information efficiently
- Tech knowledge – some positions require associate business analysts to possess strong IT skills; any associate business analyst should be comfortable using computers and have proficiency in Microsoft products
Associate Business Analyst Education and Training
Associate business analysts tend to have a bachelor’s degree in economics, management systems, business, finance, computer science, or a related field. At many companies, the position is a stepping stone to a higher role, such as senior business analyst. Having an MBA or other graduate degree can provide an edge with some employers.
Associate Business Analyst Salary
According to PayScale.com, associate business analysts earn a median yearly salary of $54,128. The lowest paid bring home roughly $42,900 per year, while professionals at the high end of the pay range make about $70,400 each year. The majority of associate business analysts receive medical, dental, and vision benefits. They also may be eligible for paid days off and retirement plans.
We perused the web for great industry resources to help you decide if a career as an associate business analyst is right for you. Here are some for your consideration:
Business Analysis for Dummies – This entry in the popular series takes the complex topic of business analysis and breaks it down in ways that those not well versed on the subject can understand.
International Institute of Business Analysis – From continuing education opportunities to industry research, this association helps associate business analysts and related professionals improve their skills and careers.
Business Analyst Professional – This LinkedIn group of more than 145,000 members serves as a place where like-minded professionals can network and discuss trends.
Seven Steps to Mastering Business Analysis – Reviewers praise this book for its insight intowhat business analysts do and the skills they need to build a successful career.
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