New organizational processes and technologies can revolutionize business efficiency. However, poor planning or implementation can offset — or even negate — some of the benefits. For example, a 2024 survey from WalkMe notes that inefficient use of technology results in wasted time and lost productivity, at an average cost of $1.14 million per week. 

Business analysts use their skills and experience to help organizations save money, improve their performance, reach their goals, and avoid poor planning and improper use of resources. Individuals pursuing a business analyst career path should start with completing a relevant education program, such as a bachelor’s degree with a focus on business analytics, then gain real-world experience and hone their skills. 

What Is the Role of a Business Analyst?

Business analysts use a combination of business acumen and data analysis to improve business efficiency and performance. They identify opportunities for improvement and implement new processes and technologies across many areas and departments of a business. Their duties often vary by company, and the role may include work on quality assurance or improving customer service and account management. 

Business analysts may work closely with members of the information technology (IT) department, regularly researching the latest innovations in software and technology. They often communicate their findings to other employees, executives and investors through reports and presentations, advocating for their recommended improvements.  

An office setting is common for business analysts, although they may be required to travel for conferences and presentations. Because their role intersects with technology, they may find roles in industries that heavily use IT systems, such as software, finance, healthcare and government. Public, private or nonprofit organizations can hire business analysts directly, or analysts can work with consulting firms or other firms that deal with multiple clients. 

Steps on a Business Analyst Career Path

Business analysts typically must fulfill several qualifications to meet most employers’ requirements, including earning a foundational degree and developing critical skills. Aspiring business analysts may also consider the benefits of gaining work experience to help them stand out from other job candidates. 

Obtain a Degree

Generally, the first step on a business analyst career path is completing a foundational education program. Bachelor’s degree programs in business administration, management, technology and finance are all possible options. A Bachelor of Science in Business Administration (BSBA) with a business analytics concentration, for example, can prepare students for the role through coursework covering accounting, business strategy, computer science, data analytics and business forecasting.  

Earning a bachelor’s degree also affords opportunities for further learning, such as pursuing an advanced degree. While employers don’t typically require that candidates have additional degrees, they often value ongoing education as it shows a dedication to the role. It’s worth considering, as it may help professionals stand out when applying. 

Gain Experience and Certifications

Professional experience requirements can vary by employer, but it can be beneficial when applying. Prior professional experience, especially within the same industry, can indicate effectiveness and an understanding of the role and its requirements. Current students or recent graduates may want to seek entry-level positions as business analyst assistants or interns to help strengthen their resumes. 

Some employers may also prefer candidates with certifications, which help establish a baseline level of knowledge on a given subject. For example, the entry certificate in business analysis (ECBA) and the certification of capability in business analysis (CCBA), both from the International Institute of Business Analysis, may improve job prospects and increase salary potential. Depending on the level of certification, professionals need to successfully complete a timed exam and demonstrate a certain number of hours of business analysis work experience. 

Hone Key Skills

Business analysts use a combination of hard and soft skills to meet the needs of their organizations. Showcasing these skills through your education or previous job experiences can help you stand out to employers. They include the following:

• Hard skills: 
  • Technical skills (such as Tableau, SQL and Microsoft Excel) 
  • Data analysis

•  Soft skills: 
  • Communication
  • Problem-solving
  • Critical analysis
  • Business acumen
  • Presentation abilities

As with many careers, especially those involving technology, staying updated on new advancements and trends is key for successful business analysts. Professionals in this field must ensure that they’re familiar with the latest software, technical approaches and data analysis techniques.  

Business Analyst Salary and Job Outlook Information

According to compensation data provider Payscale, the median annual salary of business analysts was about $69,000 as of January 2025. Individual salaries may vary by employer, the candidate’s experience level and the job’s location. 

According to the U.S. Bureau of Labor Statistics (BLS), employment of operations research analysts (a similar role to business analysts) is projected to grow by 23 percent between 2023 and 2033. This is much higher than the average projected growth rate of 4 percent for all careers. The BLS suggests that this growth is due to advancements in data analysis techniques and increased organizational focus on efficiency and cost savings.  

Advance Your Career as a Business Analyst

Understanding the career path of a business analyst helps individuals grasp the importance of a foundational education in meeting job requirements. A BSBA in Business Analytics from SEMO Online provides a solid pathway toward pursuing this career. 

SEMO Online’s program, which gives students the flexibility to study on their own time, provides them with the necessary tools to help businesses function more efficiently. The curriculum covers topics such as business forecasting, supply chain management, data analytics and Excel certification. In addition to the extensive SEMO Online degree programs, Southeast Missouri State University also offers numerous in-person learning opportunities at its four Missouri campuses. 
 
Explore how an education from SEMO Online can kick-start your career.