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The Educational Requirements for Business Analyst

Higher Education Articles September 2, 2015

Overview of Business Analyst Education Requirements

Through figuring out potential problems, analyzing business practices as well as providing managerial and financial solutions, business analysts will be able to assist stockholders, clients and management executives effectively. Majority of these professionals prefer to focus on either as a management, financial or budget analyst.

In addition to this, analysts are viewed as quite valuable to businesses primarily because of their capability to minimize streamline organizations and useless costs. Meanwhile, bachelor’s degrees are typically required for candidates even though some companies may request their analysts to obtain master’s degree.

Career Alternatives

To be qualified as a business analyst, students are required to obtain bachelor’s degree or master’s degree in accounting, finance, business administration or any other related field.

The Three Forms of Business Analysis Positions are as a follows:

Management Analysts/Management Consultants

These individuals are the ones who work with the executives of the business to enhance efficiency and boost profitability. They are more apt to work as freelance consultants unlike financial and budget analysts.

Indeed, bachelor’s degrees are generally expected of these professionals. On the other hand, the most successful ones usually possess their MBA (Master of Business Administration).

Financial Analysts

These are also known as investment or securities analysts. They offer advice that has something to do with investment decisions. To make themselves more employable, most of them prefer to concentrate on specific markets, industries or products.

Moreover, possessing bachelor’s degree is perceived as the most common path to employment even though a master’s degree will offer more opportunities to candidates especially in terms of landing superior positions.

Budget Analysts

These are the individuals who study and delve into the spending habits and related information of public institutions as well as firms to carefully figure out how capital should be handled or spent to ensure higher profitability. Please note that budget analysts do not make final decisions about budgets. What is more, their expertise is highly regarded by government officials and managers.

Employers generally require candidates to obtain a bachelor’s degree even though many of them opt for candidates that possess master’s degree.

Internships or Practicums

College students may obtain credits for taking part in internship opportunities or professional practicum. In the same way, finance interns may employ mastered techniques to come up with a portfolio of financial assets and be able to prove their investment plan of actions. Meanwhile, accounting students may obtain on-the-job experience figuring out income statements and balance sheets.

Graduate Degrees

A few organizations may decide to hire individuals who have obtained a Master of Accounting, a Master of Science in Finance or a Master of Business Administration. In point of fact, it is by means of case studies, individual and group tasks that graduate students are better able to acquire further knowledge into business analysis.

Apart from these, advanced courses like mathematical modeling, investment management and financial strategy further aid students sharpen their skills in terms of financial decision making and cost evaluation. Master of Business Administration students may take further courses in organizational behavior and strategic operations to obtain deeper understanding when it comes to running a business more efficiently and profitably.

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5 Program(s) Found
  • Do you have entrepreneurial visions to advance your career in the business world? Learn about the options available at GCU.
  • Earn a competitive bachelor's or master's degree in the areas of business administration, business analytics, accounting, marketing and more.
  • Many of our business degrees have attained elite accreditation from the Accreditation Council for Business Schools & Programs (ACBSP).
  • GCU nurtures the startup spirit, propelling your entrepreneurial visions on a powerful platform with opportunities to help you thrive.
  • Pursue a next-generation education with an online program or join Grand Canyon University's vibrant and growing campus community in beautiful Phoenix, Arizona.
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Boldly pursue your future in business with an online degree from Post University
  • Degrees at all levels with concentrations in Finance, Marketing, and much more
  • Ranked in the Best Online Bachelors Programs for Veterans by US News & World Report
  • Ranked in the Best Online Bachelor’s Programs by the US News & World Report
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Separate yourself from the pack by completing one of Saint Leo’s highly-rated Business degree programs. Associates, Bachelors, and Graduate degrees in highly sought-after concentrations available!
  • Learn the necessary skills and build the foundation to propel your business career by receiving an education from our faculty members with true real-world experience.
  • Saint Leo University provides academic excellence, flexibility, affordability, and a wide range of educational programs with financial aid and scholarships available to those who qualify.
  • Saint Leo offers a 14:1 Student-Teacher Ratio to ensure you get the personal attention you deserve.
  • Learn on your schedule with our 6 convenient available start dates throughout the year. Get started on earning your accredited Business degree today!
Good for Working Adults
  • Accredited
  • Online Courses
  • Flexible Scheduling
  • Accelerated Programs
  • Financial Aid
  • Transferable Credits
5 Program(s) Found
  • Our top-ranking program blends modern business theory with real-world experience
  • Institutionally accredited by SACSCOC with ACBSP graduate business program accreditation
  • High-quality, Christ-centered education with online and select on-campus & evening courses
  • Qualifying bachelor's students can transfer up to 90 credit hours into their degree program
  • 86% of Regent students receive some form of financial aid
  • Online Courses
  • Find Online Schools. 100% Online Accredited Courses
  • Get Matched to Programs In A Few Clicks!
  • Earn an Affordable Degree from Home at your own pace
  • Get College info today. Its Free and Easy!
  • Online Courses

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