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Career in Business Analytics

Reasons to Consider a Career in Business Analytics

If you are looking for a lucrative career option, why not sink your teeth in business analytics? Of course, you do not have to jump right in, as it would be a better idea to understand this field. Keeping this in mind, here are a couple of reasons why you should consider a career in business analytics.

Offers Great Pay

If this is all you care about, you are in for a treat!

One of the best things about considering a career in business analytics is the fact that it offers a great salary package. Not convinced? An average business analyst can easily make more than $81,938 per year! And if you make a name for yourself, and become a top analyst, expect no less than $129,000 per year.

Business analysts are rewarded for their hard work. Also, the level of candidates available is lesser than industry demand, meaning the salaries for business analysts only continue to rise.

Use Your Knowledge and Experiences

Some of the most successful business analysts have a ton of knowledge and experience from their previous jobs. Regardless of the fact you were a door-to-door salesman or a teacher, any knowledge and experience gained only benefits you during your career as a business analyst.

If you are wondering how your previous knowledge and experiences help, it is because it allows you to solve complex business problems. Additionally, it comes in handy to reconfigure processes, build relationships with team members, and conduct training and so on.

No matter what degree you received in college or where you worked, getting a business analytics degree online can do wonders for you in the long run.

Not Monotonous

If you get bored with the same routine easily, then you don’t have to worry about facing such a situation.

By becoming a business analyst, you open doors to new possibilities. You are able to schedule your tasks daily, and how you carry them out lies completely on you. Whatever you do, you get to decide how it is done. Basically, it is a puzzle you put together and solve every day.

Also Read: Business Intelligence vs Data Science: Learning the Differences

Business Analysts will be in High Demand

Organizations finally understand the importance of having their own business analysts, thus providing and creating new positions. Due to this, the job market for business analysts is expected to grow exponentially in the next couple of years. This means the current 364,000 business analyst jobs will be north of 2,720,000by 2020.

This kind of growth can push companies to fight over every business analyst they can get their hands on. For this reason, and plenty others, getting into the business analyst career would be a great idea at this time.

Responsibilities Vary from Business to Business

As we all know, every business operates differently and works according to their systems. What really is interesting about becoming a business analyst is that there is a lot of flexibility. The title of business analyst may be used quite a bit, but the responsibilities associated with the title can vary from company to company.

Some business analysts are assigned technical roles, while others are limited to the business side of things. Some are required to outline and adjust process flows, while others come up with technical solutions for specific business needs and requirements.

Whatever your future interests may be, the range of possibilities in this field keep things interesting for you. You may always find a role that keeps you hooked, and years later, you will not be disappointed about your decision about becoming a business analyst, and that is a fact!

Greater Flexibility

If you dislike being micromanaged, just like every other individual, you will thoroughly enjoy the independence and flexibility that comes with becoming a business analyst. Never again will you have to worry about looking over your shoulder for someone who is monitoring you and your work.

As a business analyst, you have to work with all levels of management in an organization. Since how you work and communicate with others is not set in stone, you will be free to complete your tasks independently. This way, you will enjoy greater freedom to be creative enough to meet your client’s expectations and exceed them. 

By choosing a career in business analytics, you can enjoy professional growth and financial stability. Moreover, the job is personally rewarding, so much so, you may not want to jump into another career ever again. Whether you are about to graduate or are bored with your current field, you need to think about becoming a business analyst.

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