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What is the Business System Analyst’s Salary?

A business system analyst is similar to computer system analyst who works on computer technologies specifically needed for the business. A business system analyst verifies which technologies frameworks or installations can improve efficiency at the workplace. They should have depth knowledge of computer technologies and often holds a bachelor degree in computer science or information technology.

Essential Information – What you need to know?

A business system analyst analyzes the Company needs to determine where improvements can be made. They usually focus on Company goals and develop systems that can help to achieve those goals. The practical knowledge requirements and academic knowledge may vary, though a bachelor degree in computer science or information technology is generally required.

Education Requirement Bachelor degree in computer science or information technology
Projected Growth (2014 to 2024) 21% for business system analysts
Average Salary for business system analyst $85,046 in the United States

Source: U.S. Bureau of Labor Statistics

What does a business system analyst do?

A business system analyst reviews computer programs used by a Company. He instructs business stakeholders on ways to make business processes more efficient and employees more productive. They are either hired by small or large-scale corporations and require a certain level of business acumen with technical knowledge.

He is responsible for handling risks assessments and performing a cost-benefit analysis to align company technologies with business strategies. They receive requirements either from management or end users and convert them into a workable solution to present to the technology staff. He may work directly with clients and require good communication skills and excellent troubleshooting abilities.

Sometimes, business system analyst has to take care of product quality, and he works with project managers for implementing a solution throughout the Company. Business system analysts are sometimes referred to as computer system analysts, and they are expected to high in demand during the decade 2014 to 2024 with average employment growth of 21 percent. The average salary of a business system analyst is calculated $85,046 in the United States.

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Read: What Qualifications Do I Need To Be A Business Analyst?

How much does a business system analyst earn?

The average salary of a business system analyst in the United States is $85,046 per year as of April 14, 2019. This is the salary estimate of 2,613 salaries submitted anonymously at indeed.com. The typical tenure for a business system analyst is one to three months.

A business system analyst adjusts, analyze, and restructure requirements based on different aspects of a business. He ensures the maximum business efficiency and works closely with all individuals to see what is working best in an efficient manner.

He addresses the business issues in a professional way and suggests the best possible solution for challenging business problems. He identifies and manages the current and future business needs with available resources. He allocates resources in such a way that it should not be wasted. There is no physical activity involved in a business system analyst role.

He should have a functional understanding of business systems with strong intrapersonal and communication skills. He should be proficient in MS office and other basic frameworks that are used by the Company frequently. He should be able to address issues while restructuring the existing system and explain benefits or drawbacks under his supervision.

Business system analyst tasks

  • He determines solutions to software problems or hardware issues.
  • He analyses business processes and writes business process specifications to be used.
  • He works directly with the client to understand their requirements and transforming the business idea to reality.

The average salary of a business system analyst is already clear, but when he moves to the experienced level like a project manager or relationship manager, he definitely earns extra than usual. The pay scale of a business system analyst may vary due to location, experience, skill set, etc. A business system analyst should have a plethora of skills to survive in the technology space. The most common skills are Oracle, MS Visio, requirements analysis, and business analysis, etc. Skills that pay less than market rate are MS office, MS access, General windows operating systems, etc.

Pay by experience for a business system analyst

Pay by experience for a business system analyst Pay by experience for a business system analyst shows a positive trend. At the entry-level for an experience of fewer than five years, a business system analyst earns an average salary of $62,000. The average salary for business system analysts with an experience of 5 to 10 years is $75000. An experienced business system analyst who is working in the same field for more than ten years earns $84000 per year approximately. Business system analyst with greater than 20 years of experience expected to earn an average salary of $93,000 per year.

Requirements to be a Business System Analyst

The minimum education requirements to be a business system analyst is a bachelor degree. The common program includes computer science, information technology, or any other comparable discipline. A few also prefer business system analysis as majors. For anyone who does not have a degree, he may require IT training in business system analysis or he may enroll for the certification program.  The dual training in system and business management is more beneficial and increases the overall chances of getting hired by top recruiters.

Read: Difference Between Business Analyst And Financial Analyst

Employers generally prefer business system analysts with some experience in information technology. The basic idea of financial processes, specific systems, or health informatics is preferred by Companies. Moreover, business system analysts should promote their expertize in the field that shall increase their earning potential. For example, candidates should complete certification in business system analysis from IIBA or more.

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What are the training requirements to be a business system analyst?

  • According to the US Bureau of labor statistics, the bachelor degree program in computer science or information technology is a must requirement.
  • If you already have a bachelor degree, then you can join the online certification program to gain industry-relevant skills and knowledge.
  • If you are already working as a BSA and want to enhance your career options, then you should add IIBA recognized certification to your resume. Once you clear the exam, there are chances of more job options and potential earnings in business system analysis domain.

Job Responsibilities for a Business System Analyst

When working as a BSA, you are a strategic partner between IT development team and the business community. The responsibilities of a business system analyst may differ from company to company. Here is the general idea of job duties often performed by the business system analyst.

  • Modeling system architectures to meet tough business requirements.
  • Master the organization change and measure the performance quality.
  • He should know how to create business requirements specifications.
  • He is responsible for setting up operational objectives through your knowledge of business functions.
  • He defines and set up the project requirements.
  • He tracks the project progress and resolves issues if any. He produces feedback reports and recommends changes based on the report.
  • He predicts the latest business trends and customer behavior.
  • He presents technical reports based on data interpretation and data collection from multiple sources.
  • He contributes to important business decisions by conducting significant research questions.

It is also necessary to understand the difference between a business analyst and business system analyst to avoid any conflicts in the future.

What is the career path for a Business System Analyst?

They are working in the world of technology and using their own ways to fight with organization hurdles and complete any project on time successfully. They are a critical contributor to enterprise objectives and important business decisions. According to IIBA, here are five common career paths for a BSA. career path for a Business System Analyst? If you are an experience BSA and love to manage people, then business analysis manager role is for you. This is a team-based role requires more line management, resources planning, and mentorship instead of implementing practical business analysis techniques.

Relationship manager role is all about understanding, negotiating, and persuading people. You have to make relationships with stakeholders, and your communications skills should be much stronger for this role.

If you are an experienced business system analyst, then a business architect role is the best choice for you. You have to be more strategic and holistic to improve business efficiency and streamline business processes.

Read: How to Get Your Dream Business Analyst Jobs With the Right Skills Set?

The business competency manager role is focused on building business analysis competencies like frameworks, tools, systems or processes, etc. If your theoretical part is stronger more than practical ones, this role is for you.

Becoming a project manager is a common career goal for all business system analysts. The responsibilities at this level become bigger like managing budget, timeframe, stakeholder expectations, etc. This is the most rewarding career option out of all.

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Final Words:

It is clear that computer systems are always in demand and job prospects for business system analysts are also expected to increase dramatically. The best options are available for people holding a bachelor degree in computer science or information technology. As your experience will grow, your salary will also grow similarly. To know more, you should join the BA certification program online and start learning the practical aspects of the program immediately.


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