A junior business analyst’s main responsibilities are to improve a company’s understanding of its customers’ needs and how it can meet them. By gathering, documenting, organizing, and preparing reports, these analysts can work independently or as assistants to senior business analysts. Frequently, the junior analyst serves as a liaison between the employer and the company’s contracted third-party vendors. This employee will assess and analyze any business problems as companies change to better meet their clients’ needs.
Employers may have different job duties, and some may even have different positions within business analysis with different responsibilities. Laws governing the role of junior business analyst may also vary region. People who are interested in the position should be aware of the employer’s expectations as well as local government laws. As a result, business law is a common subject of study for aspiring business analysts.
Employers typically seek candidates with a bachelor’s degree from an accredited institution or equivalent experience. There is no set path to becoming a junior business analyst, and some people come from backgrounds in technology, business, or marketing. Employers’ specific needs may dictate the background, skills, and experience required for the position. The position usually requires a solid understanding of business strategy, technology applications, and some marketing.
Successful business analysts are usually able to keep up with current business events and trends. To do so, they may conduct research into these trends throughout their careers and network with other analysts to attend seminars and conferences. Certain job functions in various areas may necessitate the acquisition of appropriate licensing for this business professional. To stay current, some of these licenses require renewal fees and periodic retesting.
A junior business analyst works under the supervision and training of a senior analyst at some larger companies. In these cases, the junior analyst may be promoted if certain criteria are met. Other employers who do not have senior analysts may simply hire a temporary employee or remove the “junior” from the analyst’s title once the training and evaluation period is completed. These are usually high-ranking positions within a company, and they often come with private offices for the analysts.