A business systems analyst is one who deals with computer technologies that an organization needs to operate smoothly. He or she is responsible for identifying the necessary technological upgrades that the company needs to improve workplace efficiency and ultimately achieve its business goals.
As such, a business systems analyst must have in-depth knowledge of computer technology. He or she must also analyze the current business landscape to recommend strategies that the company can employ to increase its profit while reducing expenses.
Read More about a “Business Systems Analyst”
Business systems analysts are a critical part of the workforce since they are responsible for directing efficient budgeting. According to the U.S. Bureau of Labor Statistics (BLS), the growing competition in the market will drive the demand for these management analysts to grow by 14% until 2028.
What do Business Systems Analysts Do?
The tasks expected of business systems analysts include:
- Identifying operational objectives to analyze requirements and goals
- Designing computer programs to create functional workflows
- Studying current practices and applying these to an organization’s business flow
- Assessing potential flaws and recommending improvements in processes
- Tracking a project’s progress and creating reports to keep stakeholders updated
- Creating standard system protocols that must be applied by all relevant departments
- Analyzing trends and preparing technical reports
What Skills and Qualifications Should Business Systems Analysts Have?
To become a business systems analyst, one must have a bachelor’s degree in business administration or any related field, such as economics, accounting, management, or psychology. Getting a master’s degree or taking classes in analytics can help one further his or her career as well. Typically, employers prefer applicants with at least five years of relevant experience.
Most employers look for business systems analysts with skills in business systems, systems analysis, Structured Query Language (SQL), business process mapping, and project management. Since they are critical in most business processes, they must also have a keen attention to detail and a curious mind.
Knowledge in C#, Common Business-Oriented Language (COBOL), software design, documentation, and development processes is ideal. And skill in software maintenance is a huge plus.
How Much does a Business Systems Analyst Earn on Average?
The salary of a business systems analyst would depend on his or her relevant experience. According to PayScale, a U.S.-based entry-level business systems analyst can get an annual salary of US$58,000. Those with more than five years of experience can expect to receive US$76,000, while those who are seniors in the field with more than 20 years of experience can expect to get at least US$90,000 a year.
Business systems analysts must be dedicated to business and technology since their work combines the two concepts.