Business analysts help maximize a business’s effectiveness through data-driven decisions. Learn about what business analysts do and what it takes to become one.
Business analysts use data to form business insights and recommend changes in businesses and other organizations. Business analysts can identify issues in virtually any part of an organization, including IT processes, organizational structures, or staff development.
As businesses seek to increase efficiency and reduce costs, business analytics has become an important component of their operations. Let’s take a closer look at what business analysts do and what it takes to get a job in business analysis.
What does a business analyst do?
Business analysts identify business areas that can be improved to increase efficiency and strengthen business processes. They often work closely with others throughout the business hierarchy to communicate their findings and help implement changes.
Tasks and duties can include:
- Identifying and prioritizing the organization’s functional and technical needs and requirements
- Using SQL and Excel to analyze large data sets
- Compiling charts, tables, and other elements of data visualization
- Creating financial models to support business decisions
- Understanding business strategies, goals, and requirements
- Planning enterprise architecture (the structure of a business)
- Forecasting, budgeting, and performing both variance analysis and financial analysis
Course Features
- Lectures 0
- Quizzes 0
- Duration 12 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes
