Junior Business Analyst (Unspecified Type) Salary
Median pay for Junior Business Analysts in the United States is around $50K annually. With some bonuses approaching $7K and certain profit sharing proceeds approaching $7K, overall incomes of Junior Business Analysts spread between $36K and $67K depending on individual performance. Residence is the biggest factor affecting pay for this group, followed by career duration. Work is enjoyable for Junior Business Analysts, who typically claim high levels of job satisfaction. Most enjoy medical while a strong majority get dental coverage. Vision coverage is also available to the greater part. Male Junior Business Analysts are just a bit more common among those who completed the questionnaire than females ones, with male workers composing 56 percent of the field. The numbers in this rundown were provided by PayScale's salary survey participants.
Job Description for Junior Business Analyst (Unspecified Type)
A junior business analyst is responsible for attending client meetings, recording important details, collecting all relevant client data, and filling out reports necessary for database tracking. They must be capable of managing their own work and delivering assignments on deadline, as well as maintaining regular reports that can be used in investor relations. Junior business analysts typically work with marketing, quality assurance, and development staff, as well as executive leadership. They conduct and maintain research on clients and vendors. Junior business analysts normally work during regular business hours and report to the senior business analyst.Read More...
A bachelor's degree in business or a related field normally is required, as is at least one year's experience in a relevant field. Exceptional communication skills, both written and oral, are critical, as they must be able to communicate information between different groups for different purposes. General Windows-based computer systems knowledge is necessary; Microsoft Access and SQL experience is a plus. They must possess strong organizational skills and a knowledge of business writing.
Junior Business Analyst (Unspecified Type) Tasks
- Prepare, facilitate, document and participate in client meetings/workshops.
- Coordinate, prepare, and manage project documents and deliverables for the project manager.
- Analyze current state of business, identify gaps and deficiencies, and develop recommendations for improvement.
- Develop and evaluate company procedures, controls, guidelines to maximize efficiency and ensure that business operates at full functionality.
Common Career Paths for Junior Business Analyst (Unspecified Type)
Junior Business Analysts might see a strong upturn in salary after transitioning into upper-level roles such as Senior Business Analyst, a seemingly popular career choice. People currently working in the latter position report a noticeably higher median income of $85K per year. It is quite typical for Junior Business Analysts to transition into roles as IT Business Analysts or Business Analysts, where reported median earnings are $17K and $9K higher per year.
Junior Business Analyst (Unspecified Type) Job Listings
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Popular Skills for Junior Business Analyst (Unspecified Type)
Survey respondents exploit a significant toolbox of skills in their work. Fortunate workers who know Powerpoint can expect a significant pay bump, scoring salaries 22 percent above average. Those listing Research Analysis as a skill should be prepared for drastically lower pay. Database Management & Reporting and Project Management also typically command lower compensation. Most people experienced in Data Analysis also know Business Analysis.
Pay Difference by Location
With a pay rate for Junior Business Analysts that is 24 percent greater than the national average, San Francisco offers a comfortable salary for those in this profession. Junior Business Analysts can also look forward to large paychecks in cities like Washington (+15 percent), New York (+15 percent), Denver (+12 percent), and Austin (+10 percent). In Salt Lake City, salaries are 15 percent below the national average and represent the lowest-paying market. Charlotte and San Diego are a couple other places where companies are known to pay below the median — salaries are 6 percent lower and 4 percent lower, respectively.