How to become an Analyst
Want to become an Analyst? What Analyst Do
As an Analysts, you use will use your expert skills in critical thinking to study and analyse different types of information, from complex numerical data and business reports to IT systems, marketing strategies, and surveys.
The work of an analyst helps to support an organisation to fulfil its overall business goals, and base on the outcome of their analysis eventually help to improve the quality of their services and product.
Likely area of specialisms for an Analyst include market research, data analysis, business analysis, investment analysis, and systems analysis.
The duties of an analyst vary from one job to another, however, typical job description of an Analyst may include:
- Carry out market research and liaising with clients to understand their goals
- Storing and monitoring data using efficient database systems
- Research and study information and figures
- Studying IT systems, finding bugs, and drawing up plans for software improvements
- Analysing data using statistical programmes, spreadsheets, and computer models
- Use data to recognise areas for improvement and propose new processes
- Writing reports and presenting findings to the business
Can I become an Analyst?
Apart from an analytical mind, as a good Analyst, you should also have excellent research and interpretation skills as well as, the ability to report and communicate complex information clearly to clients.
Also, your expert knowledge within your chosen specialism is usually required, as it will help you to come up with the best possible business solutions for the field you’re working in for example in finance or programming
And an excellent knowledge of Excel is essential .. and to become an analyst, you will need to be:
- Excellent at solving problems
- A tactful negotiator
- Able to focus on small details
- Very good at multitasking and prioritising
- Able to focus on meeting deadline
- Able to effectively manage time
Become qualified as an Analyst
The entry requirements may vary depending on the type of analysis you want to work in, though employers will in most cases look for candidates with a degree covering maths, statistics, economics or business studies, or computer based subjects for systems analyst jobs. Having relevant work experience will also be advantageous, some companies may ask for specific qualifications in analysis or additional postgraduate qualifications.
Business Analyst (Unspecified Type) Salary (United Kingdom)
A Business Analyst (Unspecified Type) earns an average salary of £32,397 per year. Most people move on to other jobs if they have more than 20 years’ experience in this career. Pay for this job rises steadily for more experienced workers, but goes down noticeably for employees with more than 20 years’ experience.
Common Career Paths for Business Analyst (Unspecified Type)
Popular Skills for Business Analyst (Unspecified Type)
This list show the most popular skills for Business analyst and the effect each skill has on pay.
- Business analysis – median salary £35,000
- Project management – median salary £35,000
- Data analysis – median salary £33,000
- Microsoft office – median salary £33,000
- Microsoft excel – median salary £ 32,000
Skills That Affect Business Analyst (Unspecified Type) Salaries
Experience Affects Business Analyst (Unspecified Type) Salaries
Years of Experience
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How to become an Analyst