Business Analyst

A business analyst helps a company improve its processes and make better decisions. They analyse business needs, identify problems, and suggest solutions to make things work more efficiently.

Relevant Sub-sectors

Business Analysis roles are typically found across all the financial services subsectors.

Key Responsibilities

  • Requirements Gathering: Elicit and specify business requirements from stakeholders.
  • Process Improvement: Identify and implement process enhancements to increase operational efficiency.
  • Data Analysis: Analyse data to support business decisions and report findings.
  • Stakeholder Management: Communicate effectively with stakeholders to align project goals and expectations.

Important Skills and Competencies

  • Analytical Thinking: Strong analytical abilities to process complex information and extract important findings.
  • Technical Proficiency: Understanding of the latest financial software and tools – this is particularly relevant for those working in technical projects.
  • Problem solving: Innovate and provide solutions to business challenges.

Opportunities and Career Progression

Business Analysts can advance to Senior Analyst, Project Manager, or Business Analysis Manager roles.

Related skills

Agile

Agile in simple terms is a way of working that focuses on flexibility, collaboration and customer feedback. read more

Analytical skills

Analytical skills involve the ability to collect, interpret, and analyse data to solve problems, make decisions, and understand complex issues. read more

Communication

Communication skills involve interacting with other people in order to effectively convey information, ideas, and feedback both verbally and in… read more

Digital skills

With the increasing reliance on technology, having strong digital skills is essential for navigating today’s work environments. read more

Planning

Planning is all about setting clear goals, defining a timeline in which you plan to achieve them, and tracking your… read more

Problem solving

Problem-solving is the ability to identify, analyse, and find effective solutions for complex issues and challenges. read more

Adaptability

Adapting involves the ability to quickly adjust to new technologies, market conditions, and regulatory changes is essential in today’s fast-paced… read more

Data Analytics

Proficiency in data analysis tools such as Excel, SQL, Python, and advanced statistical methods is essential. Analysing financial data to… read more

Decision making

Effective decision-making skills are crucial for managing risks and capitalising on opportunities. read more

Risk management

Risk management as a skillset involves identifying, assessing, and controlling threats. read more

Empathy

Empathy involves understanding and sharing the feelings of others, which is crucial for effective communication and relationship building. read more

Initiative

Initiative is the readiness to take action and seize opportunities without being prompted. read more

Related employers

Relevant specialisations

Undergraduate 


Course:

BSc Data Science


Study:

In-Person

Postgraduate 


Course:

MSc Data Science


Study:

Online

Postgraduate 


Course:

MSc Data Science


Study:

In-Person

Postgraduate 


Course:

MSc Data Science and Business Management


Study:

In-Person

Postgraduate 


Course:

MSc Artificial Intelligence


Study:

In-Person

Postgraduate 


Course:

MSc Information Technology with Cybersecurity


Study:

In-Person

Postgraduate 


Course:

MSc Energy Economics and Finance


Study:

In-Person

Postgraduate 


Course:

MSc Sustainability Transitions


Study:

In-Person

Undergraduate 


Course:

BSc Environmental Management


Study:

In-Person

Postgraduate 


Course:

MSc Environmental Management


Study:

In-Person

Postgraduate 


Course:

MSc Climate Justice


Study:

In-Person

Apprenticeships 


Course:

BSc (Hons) Graduate Apprenticeship AI and Data Science


Study:

In-Person

Relevant course providers

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