What does a Business Analyst do?
Business analysts collect and analyze data for potential business expansion. They identify specific business opportunities and influence shareholders to support business projects, to lead projects, and to coordinate with other teams to produce better results and outcomes. They also test out the business processes and recommend relevant improvements. Specialists in the business analyst field include inventory control, company reorganization, healthcare, and in telecom industries.
As natural problem solvers on the hunt for better ways to do business, business analysts discover issues, and help come up with solutions that deliver better value to the customer. They rely on data and analytics, research, and recommend improvement measures and protocol to impact and improve a company’s logistics more efficiently or directly. They strive to make their organization more profitable through reduced costs and increased revenues. Business analysts need a minimum bachelor's degree in business, economics, or related fields.