Junior Business Analyst (Unspecified Type) Salary
The average Junior Business Analyst in the United States can expect to rake in roughly $50K per year. Cash earnings for Junior Business Analysts — including $8K in bonuses and $4K in profit sharing proceeds near the top of the pay scale — generally stretch from $36K to $68K depending on individual performance. Residence and years of experience each impact pay for this group, with the former having the largest influence. Women are just slightly outnumbered, with male Junior Business Analysts making up 57 percent of survey respondents. A large number enjoy medical while a fair number get dental coverage. Vision coverage is also available to the larger part. Work is enjoyable for Junior Business Analysts, who typically claim high levels of job satisfaction. The data for this snapshot was collected from individuals who took PayScale's salary survey.
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
- 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.
- Prepare, facilitate, document and participate in client meetings/workshops.
- Coordinate, prepare, and manage project documents and deliverables for the project manager.
Common Career Paths for Junior Business Analyst (Unspecified Type)
Junior Business Analysts often transition into Senior Business Analyst positions, for which compensation tends to be much higher. On average, Senior Business Analysts earn $85K per year. IT Business Analysts or Business Analysts are common next-step roles for Junior Business Analysts moving up in their careers; annual pay for IT Business Analysts is $17K higher on average, and it's $9K higher for Business Analysts.
Junior Business Analyst (Unspecified Type) Job Listings
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Popular Skills for Junior Business Analyst (Unspecified Type)
Junior Business Analysts report using a large range of skills on the job. Fortunate workers who know Powerpoint command much higher paychecks, scoring salaries 22 percent above average. Those listing Research Analysis and Project Management as skills, on the other hand, should be prepared for drastically lower pay. Most people skilled in Data Analysis are similarly competent in Business Analysis.
Pay Difference by Location
For Junior Business Analysts, San Francisco provides a pay rate that is 34 percent greater than the national average. Junior Business Analysts will also find cushy salaries in New York (+17 percent), Washington (+15 percent), Boston (+11 percent), and Austin (+11 percent). In Minneapolis, salaries are 16 percent below the national average and represent the lowest-paying market. Below-median salaries also turn up in Columbus and Charlotte (7 percent lower and 6 percent lower, respectively).
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Key Stats for Junior Business Analyst (Unspecified Type)
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