If you had to choose one thing that has most impacted the way in which businesses create products, interact with customers and manage operations over the past 20 years, what would it be?
If your immediate thought was technology, you’re right.
Technology has, is and will continue to affect business for the foreseeable future, because of this, the demand for tech savvy business professionals is expected to grow—adding over 150,000 jobs across all industries through 2020. That is 22 percent growth!
If you consider yourself a tech savvy individual and you’re looking for a career using those skills, just know that opportunities are out there. Take, for example, the role of a business analyst.
As a business analyst, you will get a chance to use your passion for technology to work in a fast–paced, innovative career field that helps organizations streamline their business operations to help maximize efficiencies and profitability.
Because it’s an emerging field, the path to finding entry level business analyst jobs is still somewhat undefined. But it‘s important to have a clear understanding of the educational qualifications employers want you to have, the job titles to be aware of in your search and industries in which you can work.
Let’s start at the beginning.
To Become an Employee You Should Get Your Degree
Advancements in technology and organizational need have created both demand and opportunity for those looking to pursue a career as a business analyst. As you become interested in taking advantage of these opportunities, you should first consider what type of type of educational requirements are needed to get into this line of work. Below is a pie chart breaking down the percentage of more than 100,000 job listings classified as within management analyst and the educational requirements employers are looking for in potential candidates.
As you can see, more than 80 percent of employers are interested in candidates with at least a Bachelor’s degree. So as you look for ways to enter into this emerging field know that a four-year degree is typically required.
Job Titles for Finding Business Analyst Positions
There is no question that technology and the use of the internet have changed the way we look for jobs. And while there are still many different ways to look for employment, the most common method is through online job boards like Monster, CareerBuilder or LinkedIn. But, in order to search for entry level business analyst type positions online you must first be aware of what titles organizations are using in their job postings.
By analyzing more than 59,000 job postings over the past 12 months we found that the job titles shown here were the most commonly listed in online job boards within the management (business) analyst field. Understanding that these job titles are the most commonly used allows you to expand your search criteria to include the variations listed here. So when you are ready this will allow you to better locate and start you career in an entry level business analyst position.
Industries with Opportunities
Along with knowing which job titles are most used on job boards, you should also be aware of which industries are looking to hire technology-driven individuals with business analytics skills. The chart below illustrates which industries have the highest demand for candidates with the necessary skills set. Now, you can target your job search based on the popularity of your skills in the sector you’re hoping to work.
While this chart highlights many of the industries that are looking to hire business analyst professionals, the biggest takeaway is that by having the skills set, knowledge and passion for technology, this field can provide you with a multitude of different career opportunities regardless of industry.
And, in case you were wondering about salary, employees in the business analyst career field can typically expect a median annual wage of $37.58 per hour, according to the Bureau of Labor Statistics.
Earning a business analyst degree will allow you to pursue a career in a promising field and utilize your business skills and passion for technology to make an impact on today’s rapidly evolving business world.