business analyst

Business analysts research and understand the strategic position of businesses and companies in relation to their markets and their stakeholders. They analyse and present their views on how the company, from many perspectives, can improve its strategic position and internal corporate structure. They assess needs for change, communication methods, technology, IT tools, new standards and certifications.

ESCO Code

2421.1

NACE Code

70.1 - Activities of head offices

70.2 - Business and other management consultancy activities

Alternative Labels

standardisation expert

business strategy analyst

standardization expert

business development analyst

business strategy consultant

management consultant

standardisation manager

organisational developer

Regulatory Aspect

To see if and how this occupation is regulated in EU Member States, EEA countries or Switzerland please consult the Regulated Professions Database of the Commission. Regulated Professions Database:

http://ec.europa.eu/growth/single-market/services/free-movement-professionals/qualifications-recognition_en

Narrower occupations

- manufacturing cost estimator

Skills & Competences

Essential Skills and Competences

advise on efficiency improvements align efforts towards business development analyse business plans analyse external factors of companies analyse financial performance of a company analyse internal factors of companies apply change management build business relationships conduct qualitative research conduct quantitative research identify undetected organisational needs interpret financial statements liaise with managers make strategic business decisions perform business analysis use business simulation tools

Essential Knowledge

business analysis business analytics business communication data visualisation software digital data processing management consulting management systems standards market research risk management scientific research methodology

Optional Skills and Competences

advise client on technical possibilities advise on communication strategies advise on financial matters advise on organisational culture advise on personnel management advise on risk management define organisational standards interview people keep updated on the political landscape propose ICT solutions to business problems report analysis results seek innovation in current practices shape organisational teams based on competencies support implementation of quality management systems

Optional Knowledge

business intelligence business law business process modelling business strategy concepts corporate law financial statements investment banking market entry strategies marketing analytics organisational learning organisational policies quality standards sustainable manufacturing

Skills Group Share

Concept status

Concept Uri

http://data.europa.eu/esco/occupation/60082a99-d8ef-4e84-9290-78902681b6ed

Status

released

Occupations