Each year, more and more organizations are realizing the benefits dedicated Business Analysts provide and are creating new positions.  Because of this, the Business Analyst job market is expected to grow at a rate of 25% over the next 10 years!  That means the current 880,000 or so Business Analyst jobs will become approximately 1,100,000 jobs by 2028!  

With that type of growth, companies around the world are already competing for every Business Analyst they can find.  There will be no better time to get into the Business Analyst career than right now!

Business Analysts definitely are compensated well for their work and with the job market demand outpacing the entry level candidates, the salary for the Business Analyst should continue to rise. Compensation varies widely and is determined by the factors like location, experience level, and industry. On average the Business Analyst earns;

• Entry Level: $45,000 to $70,000 with up to an 8 percent bonus
• Mid Career: $55,000 to $95,000 with up to a 10 percent bonus
• Senior Level: $90,000 – $150,000 with up to a 10 percent bonus
• Overall Canada Average: $57,000-$130,000 with up to a 10 percent bonus

No one enjoys being micromanaged as having someone constantly looking over your shoulder and checking your work  demotivates employees.  

The great news for Business Analysts is, since their work often involves working with all levels of management and with no set in stone repeatable process, they are mostly given the trust and flexibility to accomplish their tasks independently.  This allows employees greater freedom and creativity to meet and exceed their expectations.

No two days is the same as many Business Analysts don’t have a fixed job role and will work on many different operations.

Being a Business Analyst is incredibly… Not only do they get to schedule their own tasks for a given day, the way they carry them out are entirely up to the individual. If they feel like being a social butterfly eliciting requirements one day and a hermit completing busy work tasks the next, the flexibility is theirs. It is their puzzle to put together and every day, as well as every project, is different – This is great for anyone seeking to work in a busy, exciting position.

The most successful Business Analysts have a wide range of knowledge and experience gained from various odd jobs, previous careers, and their education.  Whether you were a teacher, worked in finance, sold door-to-door, owned your own business, are just graduating from college, or virtually any other background, your experiences and knowledge gained can and will be utilized as a Business Analyst.  

Your experiences may help you to identify a problem the business is facing, gain rapport with business team members, design a solution to solve a problem, reconfigure a process, conduct user training, etc.  The possibilities are endless!  

Regardless of where you worked or what degree you received in college, it can all aid you in being a successful Business Analyst.