Business Development Analyst Job Description

Business development analyst job profile and description

Business development analyst plays an important role in formulating plans and strategies for the growth and development of a company. He takes an active part in the decision making of the company regarding investments and expansion of the company.

Business development analyst duties and responsibilities

A business development analyst is an important member of the company who is largely responsible for shaping the future developments of a company. The duties and responsibilities of a business development analyst are:

• Gathering all the information about the company from various sources
• Studying the available resources in the company and evaluating their resourceful in development of the company
• Studying the trends of the market and developing plans based on the current market scenario
• Working closely with the product development department of the company in order to develop business models
• Working with the sales and marketing department to plan and implement the right sales and marketing techniques
• Identifying prospective clients in the market increasing the customer base
• Creating communication models
• Ensuring that the company gets a good return on its investment

Business development analyst skills and specifications

The skills and specifications of a business development analyst are:

• Keen observation skills in order to identify the strengths and weaknesses of the company and develop plans accordingly
• Creativity and innovative thinking in order to develop new business plans
• Excellent analytic and logical thinking power
• Excellent decision making
• Excellent communications skills
• A good knowledge about the market scenario and the ability to adapt business models accordingly

Business development analyst education and qualification

The education and qualifications of a business development analyst are:

• A bachelor’s degree in business administration

Business development analysts salary

The salary of a business development analyst ranges between $30,000 and $50,000 per annum.