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April 18, 2023
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Business analysis is a constantly evolving field and is increasingly in demand across many industries.
Here is an overview of jobs and salaries in the field of business analysis:
Jobs in business analysis:
- Junior business analyst: This is an entry-level position in which employees learn the basics of business analysis. Junior analysts typically work under the supervision of a more experienced analyst and are responsible for tasks such as data collection and analysis.
- Intermediate business analyst: Intermediate business analysts usually have two to five years of experience in the field and are capable of working independently on projects. They are responsible for collecting and analyzing complex data and are often involved in writing reports and recommendations for management.
- Senior business analyst: Senior business analysts usually have more than five years of experience in the field and are responsible for more complex projects. They are often tasked with leading a team of junior and intermediate analysts and working directly with management to provide recommendations.
Salary in business analysis:
Salaries in the field of business analysis vary depending on experience, geographical region, and industry. Here is an estimation of salaries for the different levels of experience:
- Junior business analyst: The average salary in the United States ranges between $50,000 and $70,000 per year.
- Intermediate business analyst: The average salary in the United States ranges between $70,000 and $100,000 per year.
- Senior business analyst: The average salary in the United States ranges between $100,000 and $150,000 per year.
It is important to note that these figures are only estimates and can vary significantly depending on many factors. Salaries can also be influenced by geographical region, industry, company size, and other factors.