Business Intelligence Analyst Job Profile

Tap to Read ➤ Kulbhushaan Raghuvanshi

The job of a business intelligence analyst is to make sure that the business is moving in the right direction and is prepared to face any possible threats coming in the future. Here's more... The job of a business intelligence analyst is to make sure that the business is moving in the right direction and is prepared to face any possible threats coming in the future. Here's more...

Being a business intelligence analyst requires a lot hard work and dedication. The main aim is the growth and development of a business. Business analyst or BA, as they are popularly known as, are employees who assist managers in making correct and uniformed decisions to improve the company's position.

The BA digs deep into the company's warehouse and explores facts and statistics to know where the company stands in the market. He also presides over the company's intelligence reports and makes sure that private information remains private. For instance, new economic and sales reports are made under his correct supervision.

Job Description

As the business analyst has undertaken the task of making sure the company's growth is his #1 priority, he is often seen going through the history of the company's origin. To make sure that the company deals correctly with the oncoming future, it's necessary that the analyst knows about the company's past. He also handles the job of designing reports that can boost the company's current image and intelligence.

One of the most important aspects of this job is to keep a close eye on rival companies, and have a detailed look at their marketing and promotional strategies and plans. His prepared data can be analyzed, and the company's strengths and weakness can be taken into account, and then statistical tools can be made to counter all the given situations. The skills of the analyst are primarily used for finding out the company's strengths and weaknesses.

This professional has to be thorough with all the little minute and important details of all the company's processes. A person who's having detailed computing knowledge, has great business analyst skills, an interest in computer software and business intelligence tools, is the ideal candidate for this job.

As far as educational qualifications are concerned, a BA having adequate computer knowledge is very important. To be a business analyst, in-depth knowledge of business is a must. An MBA degree is considered necessary, and a business analyst certification from the International Institute of Business Analysis (IIBA) is required.

Responsibilities

The job looks impressive, being involved with all the information and history about a company. The BA is the mind that leads the company's business towards growth and profit. Other than creating data for company's profit, there are some important responsibilities which the analyst has to shoulder. To make all the arrangements which are necessary for client engagements.

Making sure the company is up-to-date with all the latest changes going on in the market. Ensuring that every problem has a good, yet commercial solution. Documenting, auditing, and analyzing all the data required. Using all the information and feedback from workshops, survey sites, and customers in a constructive way so as to benefit the company.

Salary

Being a BA is a great career opportunity, and the salary package mainly depends upon previous work experience and type of organization. Experienced individuals can earn $120,000 to $150,000 every year.

Being a business analyst is a job of responsibility, but it also has its perks. It's a lucrative field, and according to many recent employment reports, this job is going to be in demand for years to come.