Business Analyst: what are the functions and average salary?

Business analyst is a professional who has been gaining prominence in the professional market.

Business Analyst: Get to know the role

Have you ever stopped to think about how many areas a company needs to function?

In a brief reflection, we can immediately think of: HR, marketing, management, operational, and logistics.

With this, we can see that just in the basic management part, there is already a lot to put on track.

After all, if one of these areas fails, the company ends up suffering losses in its overall operations.

And, far beyond individual functioning, all areas need to work together, with the same objective.

But how is this possible? Is individual management alone capable of universalizing everything?

The answer to this question lies in a position that has existed for a long time, but has gained prominence in recent years.

We are talking about the business analyst, the professional responsible for analyzing the business management as a whole.

The business analyst is someone who works across all areas involved in executing a project or negotiation.

Therefore, this is a highly qualified professional to deal with varied demands, which make the execution and completion of the project viable.

Therefore, we can consider that this is the central professional for building a negotiation.

He is the one who evaluates all items, keeps an eye on the market and thus verifies the feasibility of executing a given plan.

Therefore, the analyst's functions are:

Analysis of customer demands;
Scope definition and business analysis;
Study of trends, market and competition for a given business;
Locating good opportunities for the company's business model.

What training is required?

At this point we already know what a business analyst professional is and what their main duties are.

With this, it is easy to understand that having a business analyst in the company is essential to make new projects viable.

This is because it is through a good market analysis, linked to the study of requests from customers themselves, that successful products can be created.

Therefore, choosing a career as a business analyst is excellent for those looking for a satisfactory market.

After all, there is no shortage of demand!

But, to do this, it is important to know what training is necessary.

To become a business analyst the basic training is in IT (Information Technology) area.

This is because this is a degree that enables students to deal with new market trends, especially those related to technology.

Therefore, the first step to entering the career is IT college, which can be easily found in several higher education institutions.

But, as we have seen, the analyst also deals with issues of marketing, advertising, management and even accounting.

Therefore, investing in knowledge in these areas can also add a lot to the resume!

In which areas can a business analyst work?

When deciding which profession to pursue, the main question that arises is where to work.

This is because there are very limited areas, and even professions that do not have a good market.

But when it comes to business analyst, it is completely the opposite.

This is because the advantage of a business analyst is that he can work in any area!

The reason for this is that the contracting company is the one that determines the performance, since it is the company that needs to analyze its own business.

Therefore, as long as there is business, regardless of the type or area, there is room to hire an analyst!

Therefore, the main areas in which an analyst can work are:

Financial market;
E-commerce;
Clothing stores;
Digital marketing;
Power supply networks;
Advertising;
And many others.

Therefore, if what you are looking for is a versatile area that allows you to work in the field you want, know that this is the ideal one!

What is the average salary for a business analyst?

Throughout this material we were able to see that the area of business analyst is quite broad.

This is because the professional can work in any field, as long as he requires analysis and management of his negotiations.

But, in addition to knowing the necessary training and possible areas of activity, it is important to talk about remuneration.

After all, no matter how broad a profession is, it is important to bring good financial results.

When it comes to business analysts, salaries vary greatly.

This is because it is the company that determines the salary, based on its size and negotiation needs.

Therefore, companies that are very focused on new developments and business growth certainly invest more in business analysts.

But, taking a general average, in this market the professional earns between R$ 3,000.00 and R$ 6,500.00.

The lowest salary is usually paid to those starting out in their careers.

Furthermore, it is important to say that the issue of salary varying according to the company is real, since on the internet it is possible to see proposals of up to R$ 12,000.00.

Therefore, knowing how much you will earn will depend on your training and professional projections!

Tips for getting started in the field

After everything we have seen, it is possible to conclude that the business analyst area is very interesting for those who like innovation.

And, far beyond innovation, the professional must also be passionate about management and new challenges.

As this is a constantly growing area, we have more and more students graduating.

As a result, the market has become increasingly competitive, and vacancies require more qualifications for selection.

Therefore, we have separated some tips that will help you put together a solid resume for the business analyst area.

Check it out!

Gain marketing knowledge

The business analyst area is not necessarily linked to marketing.

This is because, as we have already seen, the main training is IT, and the professional works especially with market research.

However, we cannot talk about managing new trends and creating competitive projects without talking about marketing.

Therefore, taking courses in this area can help you differentiate your CV from the rest!

Get a market overview

The business analyst must have a very focused vision for the evolution of the business in which he works.

But, as important as it is to focus on your own square, an overview of the market can help you.

This is because, by having an overview, you can always be aware of new trends and migrate innovations from one area to another.

Therefore, always stay up to date, and this will help you deliver differentiated work!

Invest in specialization courses

And finally, our last tip is perhaps the most important.

This is because the business analyst is a professional who works in several areas at the same time.

Therefore, varied training and specialization courses are crucial to acquire skills for day-to-day professional life.

Therefore, trying to update your CV frequently and with different courses can help you a lot.

So, now that you understand everything about the business analyst market and know how to prepare for the field, move forward with your plans!

Roberta July 17, 2023

Career