Discover the everyday job duties, desired skills, and required qualifications to pursue the career of a business analyst. Explore statistics on salary potential, employment growth, and the largest regions or industries for job opportunity.
Business analysts are responsible for examining the internal operations and processes of an organisation, creating strategies and solutions for improving efficiency, financial decisions, and customer satisfaction. They typically work with large sets of data and documented information to make informed, analytical decisions.
Day-to-day responsibilities may include assessing data on business budgets and financial forecasts, overseeing daily processes, and pinpointing areas of opportunity or improvement. They then communicate their solutions and interpreted data back to the business, and work with supervisors and company leaders to confirm final decisions.
Employment for business analysts is expected to grow quite strongly in the coming years – with a 20.2% projected increase in employment by 2025.
- Excellent critical thinking skills to analyse and make sense out of large sets of (structured or unstructured) data
- Sharp communication skills for liaising with stakeholders and company leaders; and presenting data in plain language
- Strong problem-solving skills for crafting substantial solutions to apparent business issues
- Excellent skills in statistics and mathematics
- A thorough knowledge of their market and common consumer demands
- Strong customer service skills for understanding user or consumer needs, measuring customer satisfaction, and strategising methods to improve this
Business analysts can find work across Australia, with New South Wales and Victoria currently holding the largest share of employment. Weekly salary potential is much higher than the all-jobs average, with plenty of opportunity for full-time work.
$63,000 – $130,000 (Median: $94,000)*
Average Weekly Hours
44 hours (same as all jobs average of 44 hours)*
Professional, Scientific and Technical Services; Financial and Insurance Services; and Public Administration and Safety
Most Common Qualification Level
41.3% hold a Bachelor’s Degree
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