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IT Business Analyst Job Description

Information technology plays a vital role in the modern business world. Organizations depend heavily on information systems and invest accordingly. This type of business investment requires due analysis. The aim of a business analyst is to suggest latest information technology additions to an organization to keep it efficient, competitive, and profitable.

IT Business Analyst Job Duties

IT business analysts identify areas where information technology could help develop business. They then study what results the additions in information technology have yielded for the business of the organization. Here are some of the duties that an IT business analyst is expected to perform:

1) IT business analysts may have to work on the suggestion of computer system analysts or higher ups in management in an organization for acquiring new information technology tools.

2) While the computer system analyst suggests the particular type of equipment addition, IT business analyst analyzes its cost and benefits.

3) In the absence of a system analyst the IT business analyst has to suggest any IT addition in the organization. IT business analyst may have to double up here as systems analyst and business analyst.

4) Have to prepare detailed reports of growth or declines as a result of investment in IT.

IT Business Analyst Knowledge and Skills

1) Strong analytical skills.

2) Ability to work independently.

3) Knowledge of latest innovations in IT and their utility.

4) Relevance and usefulness of IT products for an organization.

5) Strong communication skills.

6) The ability to get along with different kinds of people including technical people such as computer programmers and non technical people, such as managers.

IT Business Analyst Educational Qualifications and Experience

1) College graduates with a bachelor’s degree in accounts, statistics, business management, marketing, computer science or economics are eligible for an entry level IT business analyst position. Organizations doing science related work prefer IT business analyst with mathematics, physical sciences or engineering.

2) A master’s degree in the above fields is preferred over a bachelor’s degree. MBA with concentration on information systems may present a better job opportunity.

3) Several years of experience is required to become a successful business analyst.

4) Have to update IT skills regularly. This is done through attending refresher courses and attending seminars.

IT Business Analyst Salary and Benefits

1) According to Payscale.com IT business analysts earn a salary in the range of $50,000-$76,000.

2) Other benefits that regular employees are entitled for are applicable for IT business analysts. They may include: life insurance, medical and health insurance, 401(K) and paid leave.