A business operations analyst is a very demanding job in the business world. This is because a business operations analyst ensures the continuity of the existing business operation by accurately analyzing all the available data and information. The main role of a business operations analyst is to collect and analyze the data to create solutions for the business. Usually, the salary of a business operations analyst in the USA range from $56,883 and $74,424. Moreover, the average salary of a business operations analyst in the USA is $63,850 (July 2022).
What Is a Business Operations Analyst?
A business operations analyst is a professional who analyzes the data to solve various problems of a company. This type of professional introduces various strategies to companies to boost the company’s overall performance and profit. One common duty of a business operations analyst is to review the policies of a company and then look for areas for improvement.
Job Responsibility of a Business Operations Analyst
Some common responsibilities of a business operations analyst are –
- Analyze the production process of a company to identify the problems as well as find solutions to these problems
- Find out ways to increase efficiency, reduce costs, and improve customer satisfaction
- Analyze the data to create reports about the performance of the company and help higher authorities take the required decision
- Analyze the customer data to forecast business trends and performance
- Consult with the management and bring necessary changes to the company policy
- Identify redundant processes or services of a company to minimize the cost
- Analyze previous budgets of the company and set company budget for various departments to ensure efficient use of resources
- Research the competitors and industry trends to identify new business opportunities
- Develop various theories to measure the progress of a project toward the goal
- Identify new projects and develop plans to train the staff for the new project
How to Become a Business Operations Analyst
In order to become a business operations analyst, you must have the required educational qualifications. You should try to get a degree in Business Administration, Finance, or Accounting. Multinational companies and organizations looking for skilled business operations analysts who have a clear concept of various business theories. Therefore, you must have a business degree. Apart from the business degree, you should also have good knowledge of various computer programs like Microsoft Excel, Microsoft PowerPoint, etc. Moreover, you should also have enough experience under your belt to become a successful business operations analyst. So, what you can do is start working with a small company to gain some experience while studying and once you have completed your study you can move to large companies. If you are hired as an entry-level business operations analyst then you should try to learn everything a business operations analyst does. Then you can consider obtaining a Master’s Degree or advanced certification to boost your career progress.
Salary of a Business Operations Analyst
The average yearly salary of a business operations analyst in the USA is $68,774 and the average hourly salary is $33.06 per hour. The overall income of a business operations analyst hugely depends on the location, educational qualification, and total years of experience. If you have good educational qualifications and experience then your salary will be way more than the average annual salary. For example, the top 10% of business operations analysts made $96,000 per year.
Highest Paying USA States for Business Operations Analyst
| Rank | State Name | Average Salary | Hourly Rate |
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 | Washington Alaska District of Columbia Ohio Virginia Oregon Texas Michigan Minnesota Kentucky New Jersey North Carolina Connecticut Pennsylvania Maryland Alabama Wisconsin Massachusetts New York Illinois Rhode Island Iowa South Dakota Nebraska Colorado Louisiana Georgia Missouri Nevada Delaware California Tennessee New Hampshire Maine Wyoming Montana North Dakota Florida Kansas West Virginia South Carolina New Mexico Oklahoma Arizona Indiana Mississippi Arkansas Utah Idaho Vermont Hawaii | $84,599 $77,035 $80,043 $66,500 $72,843 $78,060 $69,240 $67,815 $66,440 $64,710 $75,442 $65,852 $75,232 $66,278 $74,672 $64,812 $62,870 $71,429 $72,734 $70,833 $67,609 $61,888 $59,241 $59,412 $68,717 $63,496 $63,382 $60,542 $58,517 $63,693 $71,335 $57,301 $62,730 $61,954 $57,786 $57,288 $56,020 $59,669 $56,029 $58,074 $58,719 $58,100 $57,815 $60,460 $53,621 $53,275 $43,753 $57,929 $54,536 $51,962 $47,418 | $40.67 $37.04 $38.48 $31.97 $35.02 $37.53 $33.29 $32.60 $31.94 $31.11 $36.27 $31.66 $36.17 $31.86 $35.90 $31.16 $30.23 $34.34 $34.97 $34.05 $32.50 $29.75 $28.48 $28.56 $33.04 $30.53 $30.47 $29.11 $28.13 $30.62 $34.30 $27.55 $30.16 $29.79 $27.78 $27.54 $26.93 $28.69 $26.94 $27.92 $28.23 $27.93 $27.80 $29.07 $25.78 $25.61 $21.04 $27.85 $26.22 $24.98 $22.80 |
Top 15 Highest Paying USA Cities for Business Operations Analysts
| Rank | Name of the City | Average Salary | Hourly Rate |
| 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 | Seattle, WA Washington, DC Salem, OR San Francisco, CA Stamford, CT Annapolis, MD Arlington, VA New York, NY Boston, MA Houston, TX Chicago, IL Denver, CO Providence, RI Philadelphia, PA Columbus, OH | $85,432 $80,085 $78,435 $76,306 $75,848 $74,882 $73,326 $73,116 $71,342 $71,221 $70,944 $68,818 $67,470 $66,719 $66,672 | $41.07 $38.50 $37.71 $36.69 $36.47 $36.00 $35.25 $35.15 $34.30 $34.24 $34.11 $33.09 $32.44 $32.08 $32.05 |
Skills Required for a Business Operations Analyst
| Name of the Skill | Projected Posting Growth (2018-2023) |
| Microsoft Office and productivity tools Business communication Advanced Microsoft Excel Enterprise resource planning Business strategy Defense federal acquisition regulations Leadership and management Performance management Transportation management systems Escalation management Third-party logistics (3PL) Supply chain coordination | 44% 43% 37% 25% 24% 24% 22% 15% 13% 12% 8% 3% |
Best Universities to Pursue a Business Degree in the USA
| Name of the University | Rank |
| University of Pennsylvania University of Southern California Massachusetts Institute of Technology Washington University in St. Louis Cornell University University of Michigan – Ann Arbor Georgetown University University of Texas – Austin Rice University Washington and Lee University Columbia University New York University Northeastern University Northwestern University Babson College University of Florida William & Mary The University of North Carolina at Chapel Hill University of California – Los Angeles Boston University | 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 |
References:
https://www.zippia.com/business-operations-analyst-jobs/salary/
https://www.niche.com/colleges/search/best-colleges-for-business/