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Salary Range
€40k - €90k
Career Zone

In Brief...

Provides objective advice, expertise and specialist skills with the aim of creating value, maximising growth or improving the business performance of their clients.

Knowledge

  • Administration and Management Knowledge of business and management principles involved in strategic planning, resource allocation, human resources modeling, leadership technique, production methods, and coordination of people and resources.
  • English Language Knowledge of the structure and content of the English language including the meaning and spelling of words, rules of composition, and grammar.
  • Customer and Personal Service Knowledge of principles and processes for providing customer and personal services. This includes customer needs assessment, meeting quality standards for services, and evaluation of customer satisfaction.
  • Education and Training Knowledge of principles and methods for curriculum and training design, teaching and instruction for individuals and groups, and the measurement of training effects.
  • Psychology Knowledge of human behavior and performance; individual differences in ability, personality, and interests; learning and motivation; psychological research methods; and the assessment and treatment of behavioral and affective disorders.
Knowledge areas are ranked by their importance to this career

Skills

  • Active Listening Giving full attention to what other people are saying, taking time to understand the points being made, asking questions as appropriate, and not interrupting at inappropriate times.
  • Critical Thinking Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions or approaches to problems.
  • Reading Comprehension Understanding written sentences and paragraphs in work related documents.
  • Judgment and Decision Making Considering the relative costs and benefits of potential actions to choose the most appropriate one.
  • Speaking Talking to others to convey information effectively.
Skills are ranked by their importance to this career

Work Environment

Business Analysts typically work in the following Career Sectors:

the Big 4
Accountancy & Taxation

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Most commonly reported Work Activities

  • Provide Consultation and Advice to Others Providing guidance and expert advice to management or other groups on technical, systems-, or process-related topics.
  • Making Decisions and Solving Problems Analysing information and evaluating results to choose the best solution and solve problems.
  • Getting Information Observing, receiving, and otherwise obtaining information from all relevant sources.
  • Analysing Data or Information Identifying the underlying principles, reasons, or facts of information by breaking down information or data into separate parts.
  • Communicating with Supervisors, Peers, or Subordinates Providing information to supervisors, co-workers, and subordinates by telephone, in written form, e-mail, or in person.
  • Establishing and Maintaining Interpersonal Relationships Developing constructive and cooperative working relationships with others, and maintaining them over time.
  • Interpreting the Meaning of Information for Others Translating or explaining what information means and how it can be used.
  • Organising, Planning, and Prioritising Work Developing specific goals and plans to prioritise, organise, and accomplish your work.
  • Developing and Building Teams Encouraging and building mutual trust, respect, and cooperation among team members.
  • Processing Information Compiling, coding, categorising, calculating, tabulating, auditing, or verifying information or data.

 

 

The Work

A Business Analyst analyses business using appropriate methods, with clients and users of the system. They design and redesign business processes using automation and technologies where appropriate, plan for business testing of the system, and the implementation and conversion to the new system.  
 
Business Analysts are also involved in reviewing the operation of the new system, and are responsible for the quality assurance aspect, ensuring that the original concepts and design intentions are fulfilled.  
 
A Senior Business Analyst may lead a team of business analysts and assure the quality of their work, interacting regularly with systems analysts on the technical design and testing of the computer elements of the business process.  
 
Business Analysts provide advice on improving the organisations efficiency and effectiveness, and provides ways on how to reorganise the company in order to achieve this goal. They also consult with managers and other professionals, such as those in IT, accounts, environmental management, quality management, marketing and human resources.

 

Most commonly reported Work Tasks

  • Document findings of study and prepare recommendations for implementation of new systems, procedures, or organisational changes.
  • Interview personnel and conduct on-site observation to ascertain unit functions, work performed, and methods, equipment, and personnel used.
  • Analyse data gathered and develop solutions or alternative methods of proceeding.
  • Plan study of work problems and procedures, such as organisational change, communications, information flow, integrated production methods, inventory control, or cost analysis.
  • Confer with personnel concerned to ensure successful functioning of newly implemented systems or procedures.
  • Gather and organise information on problems or procedures.
  • Prepare manuals and train workers in use of new forms, reports, procedures or equipment, according to organisational policy.
  • Review forms and reports and confer with management and users about format, distribution, and purpose, identifying problems and improvements.
  • Develop and implement records management program for filing, protection, and retrieval of records, and assure compliance with program.
  • Design, evaluate, recommend, and approve changes of forms and reports.

Qualities - Business Analyst

A good knowledge of general business principles is necessary and an ability to be analytical about current business issues. Good interpersonal skills and a proven ability to relate to business managers are important.  
 
You need to be computer literate. Good interpersonal and communication skills whether written and verbal are desirable in a business analyst.

Interests - Business Analyst

This occupation is typically suited for people with the following Career Interests:

Investigative

The Investigative person will usually find a particular area of science to be of interest. They are inclined toward intellectual and analytical activities and enjoy observation and theory. They may prefer thought to action, and enjoy the challenge of solving problems with sophiscticated technology. These types prefer mentally stimulating environments and often pay close attention to developments in their chosen field.

Enterprising

Enterprising people like situations that involve using resources for personal or corporate economic gain. Such people may have an opportunistic frame of mind, and are drawn to commerce, trade and making deals. Some pursue sales and marketing occupations. Many will eventually end up owning their own business, or in management roles in larger organisations. They tend to be very goal-oriented and work best when focused on a target. Some have an entrepreneurial inclination.

Administrative

Administrative people are interested in work that offers security and a sense of being part of a larger process. They may be at their most productive under supervisors who give clear guidelines and while performing routine tasks in a methodical and reliable way.

They tend to enjoy clerical and most forms of office work, where they perform essential administrative duties. They often form the backbone of large and small organisations alike. They may enjoy being in charge of office filing systems, and using computers and other office equipment to keep things running smoothly. They usually like routine work hours and prefer comfortable indoor workplaces.

Entry - Business Analyst

Most entrants to this career are typically educated to a mimum degree standard in a Business/IT related area and many have undertaken some post-graduate training e.g a bachelor’s degree in business administration, followed by an MBA business degree.

Business & Financial advisers will develop their career from many pathways in Financial services. 

Training & Development 

FET Centre Traineeship: Business Admin, Project & Supervisory Management in centres around Ireland NFQ Level 5-6 Search FET Courses

FET PLC Courses: Business Management, Sales, Marketing, Commerce, Psychology at NFQ Levels 5-6 Search FET PLC Courses

Apprenticeship: Lean Sigma Management NFQ level 9, Accounting, Financial services, Sales Apprenticeships NFQ level 6-8 Search Apprenticeships

Higher Education CAO Entry: Business Management, Commerce, Psychology. NFQ Levels 7-8 Search CAO courses

Professional Development 

Postgraduate Study Options Agile Business Analysis, Business Administration, Business Management, Business & Executive Coaching NFQ level 9

Financial Services Union

The 30% club: Growth Through Diversity

Last Updated: April, 2023

Pay & Salary - Business Analyst

Salary Range (thousands per year)* €40k - €90k

Salaries vary based on employer, location, experience, duties, and role.

Data Source(s):
Osborne / Clark / Lincoln / Morgan McKinley/ Indeed

Last Updated: July, 2024

* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

View Salary information from Indeed.ie
Note: data not aways available

Labour Market Updates - Business Analyst

This information has been derived from the Solas National Skills Bulletin (2023).

The five-year annual average growth for this occupation was strong; this is in part related to changes in the LFS methodology in 2017, although employment levels have also been increasing annually since then. Over 700 new employment permits were issued in 2021 for roles including risk/business analysts and project managers.

The ICT sector accounted for over a third of permits issued, although the numbers employed in this occupation in the ICT sector are small. The number of advertised vacancies in the OVATE data increased by 39%, albeit from a small base. While no shortages are evident, the skills in demand as highlighted by the Spotlight on Skills data in the introduction above (e.g. relationship management, critical thinking etc) would be of relevance for these occupations.

Useful Contacts - Business Analyst

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