Business analysts need both technical and soft skills to succeed. If this is your chosen career path, you can develop your abilities during your undergraduate studies and hone them during internships or in an entry-level analytics position.
Here is a closer look at the skills that business analysts need.
- Communication skills are essential for this career. You will need to work on projects alongside other IT professionals. Furthermore, business analysts need to present findings to executives and stakeholders in an easy-to-understand, non-technical way.
- Problem-solving abilities are also essential because you need to come up with ways to find, organize and analyze data to solve specific issues or answer particular questions.
- Critical-thinking skills can help you look at data and mathematical models and develop insights that solve specific problems or provide answers.
- Goal-visualizing is an important ability in the field of business analytics. It helps you think creatively and persistently to find ways to reach the end goal of each analytics project, whether that is solving a complex problem, finding ways to improve operations, or making accurate forecasts about pricing and budgetary needs.
- Technical skills are necessary to run business analytics software, such as SAP BusinessObjects, datapine and IBM® Cognos®. You also need to be familiar with statistical analysis and mathematical modeling. Though many business analysts will work with statisticians, they still need to understand the basics to correctly plan projects.
Depending on your duties and where you work, you may need industry-specific knowledge to help interpret data in a useful way.