Business Analysis Manager

Career Area: Planning and Analysis

Occupation Group: Business Analysis

Salary

Percentile wages tell how much a certain percentage of an overall population in a geographic area or within a given industry or field makes. The percentile wage estimate is the value of a wage below which a certain percent of workers fall.

An example would be the 25th percentile, 25 percent of workers employed in that occupation earn less and 75 percent earn more than the estimated wage value. At the 75th percentile, 75 percent of workers employed in that occupation earn less and 25 percent earn more than the estimated wage value.

A typical Business Analysis Manager earns the following wages (national and state):

State

The average salary in North Carolina for those pursuing this career is $96,720

National

The average salary in the United States for those pursuing this career is $94,024

What Does a Professional in this Career Do?

Manages business analysis process. Responsible for delivery of analysis reports and products to internal and external stakeholders. May supervise Business or Management Analysts.

Employment Trends

The job demand and job growth statistics shown here were derived from job posts over the past year. Expected job growth projections are extrapolated from year-over-year job post listing history.

Job demand and job growth is expected at the following rates:

Skills

A professional in this position typically utilizes the following skills in the course of everyday work in this exciting and challenging field:

Baseline Skills

The following are baseline skills every Business Analysis Manager is expected to have in order to experience success in this field:

• Communication Skills: The ability to convey information to another effectively and efficiently.
• Teamwork / Collaboration: Experience working in collaborative efforts with a team to achieve a common goal or to complete a task in the most effective and efficient way.
• Microsoft Excel: Microsoft Excel is a spreadsheet developed by Microsoft for Windows, macOS, Android and iOS. It features calculation, graphing tools, pivot tables, and a macro programming language called Visual Basic for Applications.
• Problem Solving: Problem solving consists of using generic or ad hoc methods, in an orderly manner, for finding solutions to problems.
• Planning: Working experience with the process of thinking about and organizing the activities required to achieve desired goals.

Specialized Skills

These skills are specific to working in this career:

• Business Analysis: Experience identifying business needs and and determining solutions to business problems.
• Project Management: Project management is the discipline of initiating, planning, executing, controlling, and closing the work of a team to achieve specific goals and meet specific success criteria.
• Business Process: A business process or business method is a collection of related, structured activities or tasks that produce a specific service or product (serve a particular goal) for a particular customer or customers.
• SQL: SQL ( ESS-kew-EL or SEE-kwl, Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).
• Budgeting: Experience planning how the financial resources of a business or department are to be allocated during the next business period.

Distinguishing Skills

Any Business Analysis Manager that possesses the following skills will stand out against the competition:

• Systems Development Life Cycle (SDLC): The systems development life cycle (SDLC), also referred to as the application development life-cycle, is a term used in systems engineering, information systems and software engineering to describe a process for planning, creating, testing, and deploying an information system.
• Business Systems Analysis: Systems analysis – the interpretation of business rules and requirements for technical systems (generally within IT)
• Atlassian JIRA: Jira ( JEE-rah) (stylized JIRA) is a proprietary issue tracking product, developed by Atlassian.
• Product owner: Working experience of Product owner. Product owner is a scrum development role for a person who represents the business or user community and is responsible for working with the user group to determine what features will be in the product release.
• Requirements analysis: Working experience of Requirements analysis. In systems engineering and software engineering, requirements analysis encompasses those tasks that go into determining the needs or conditions to meet for a new or altered product or project, taking account of the possibly conflicting requirements of the various stakeholders, analyzing, documenting, validating and managing software or system requirements.

Salary Boosting Skills

A professional who wishes to excel in this career path may consider developing the following highly valued skills:

• Financial Services Industry Experience: Financial services are the economic services provided by the finance industry, which encompasses a broad range of businesses that manage money, including credit unions, banks, credit-card companies, insurance companies, accountancy companies, consumer-finance companies, stock brokerages, investment funds, individual managers and some government-sponsored enterprises.
• Data Governance: Working experience of Data Governance, which is the data management of all the data which an organization has to ensure that high data quality exists throughout the complete lifecycle of the data. The key focus areas of data governance include availability, usability, consistency, data integrity and data security and includes establishing processes to ensure effective data management throughout the enterprise such as accountability for the adverse effects of poor data quality and ensuring that the data which an enterprise has can be used by the entire organization.

Experience

This position typically requires the following level of experience. The numbers presented in the pie charts below were derived from actual job posts over the past year. Not all job postings list experience requirements.

Common Job Titles

It is possible to find work in this field in positions commonly listed as the following job titles:

• Business Analysis Manager
• Business Analyst Manager
• Manager, Business Analysis
• Software Business Analysis Specialist
• Business Analysis Advisor

Similar Occupations

If you are interested in exploring similar occupations, you may want to research the following job titles:

• Business Process Analyst
• Business Analyst (General)
• Business / Management Consultant
• Business / Systems Analyst
• Business Intelligence Analyst