What is the role of a business analyst?
A business analyst conducts market analyses, to analyse the product lines and profit of the business. You will assess how the company operates and conduct research from analysed data in order to assist the company in making improvements to their practice and processes, enabling the business’ growth.
Responsibilities:
Analyse business structure to report on how it operates and determine next steps and aims for the business
Identify current problems with how the company operates and make a case for how to fix them
Communicate and liaise with colleagues to find out the needs of the teams/departments and the whole organisation
Liaise with external stakeholders to gain insight and feedback into the service the company provides
Communicate solutions to problems identified through research conducted
Prepare and deliver an accurate report on your findings to directors/senior staff
Consider and assess potential risks that may come with your suggestions
Identify what processes and IT will be required in order to make changes
Support staff and teams in making your changes and resolving issues, offering training workshops to guide teams
Carry out recurring quality checks
Types of business analyst:
General business analyst
Data analyst
Operations analyst
Full stack business analyst
Tech stack employed:
Excel
Tableau
Power BI
Python
SQL
Snowflake
Spark
NoSQL
Qualifications:
Degree in business information or computing, or similar degree
A few years’ experience in business management or in implementing new systems
Preferred candidate will have completed an internship or had a previous position in this role
Excellent research and analytic skills
Problem solving skills
In depth knowledge of data modelling and techniques
Exceptional attention to detail and analytical skills
Knowledge of business management fundamentals which are relevant
Excellent attention to detail
Knowledge of relevant software
Professional development:
In this role you have the opportunity to advance your career and specialise in a particular area such as data analytics. This will make you more sought after and experienced within a certain field. With experience, you will have the opportunity to progress to a senior level business analyst and even progress to work at a director level.
Alternative careers:
Analyst
Operations analyst
Software engineer
Data scientist
Data analyst
Applications developer
Management consultant