Business analysts are sometimes referred to as business consultants. A business analyst wears many hats, working with project management, coming up with innovative ideas and overseeing the work of others. When someone is just starting out in entry-level business analyst jobs, they may be paired with more experienced business mentors to strengthen their weaknesses and build upon their natural strengths. Essentially, the business analyst will work as an ambassador for the business, a mediator and even a connector.
Entry-Level Business Analyst Job Education Requirements
Most employers prefer that applicants for entry-level business analyst jobs have at least a master's degree in business administration. However, some business analysts only have a bachelor's degree in business. Before pursuing this specific career path, aspiring business analysts are wise to hone their analytical, interpersonal, communication, problem-solving and time management skills.
Entry-Level Business Analyst Job Market
The job market for business analysts is thriving, and it all looks like it's going uphill from here. In fact, the expected job growth rate for business analysts is 19 percent within the next decade. That's higher than the average for other occupations. Even at the entry-level, most business analysts already have experience in the world of business, such as working as an assistant manager or perhaps even as a general manager. Doing so will help them be competitive within the job market.
Entry-Level Business Analyst Job Salary Information
While experienced business analysts with a high level of education may be able to earn well over $100,000, those who are employed in entry-level business analyst jobs can expect to earn closer to $60,000 per year and sometimes less. In order to increase the chances of a higher entry level salary, it's wise to get an internship to a well-established company while still in school and pursue as high an education as possible.