Helping analysts find their place

Financial analyst is like a conductor managing cash flows as an orchestra. In an era where information has become the most valuable currency, resource experts play a crucial role, turning data arrays into solutions that change the course of events. Their main task is not just to crunch numbers, but to look ahead, forecast, optimize, and build reliable strategies that allow businesses to thrive. These professionals are needed wherever smart and accurate decisions need to be made.

Key Features of the Financial Analyst Profession: Secret Ingredients of Success

To become a successful financial analyst, you need more than just a diploma. You need a whole arsenal of skills, starting with analytical thinking – the ability to clearly see the data picture, identify important patterns, and derive vital forecasts from them. Additionally, a deep understanding of economics is crucial, including mastery of discounted cash flow (DCF) models, ratios, and asset valuation methods.

List of key skills:

1. Analytical thinking – the ability to see hidden connections and develop hypotheses based on data.
2. Understanding of economic tools – knowledge of models such as DCF, IRR, NPV for evaluating project costs and potential.
3. Knowledge of specific reporting – the ability to interpret balance sheets, profit and loss statements.
4. Financial modeling – creating complex predictive models to evaluate a company’s future performance.
5. Working with big data – the ability to structure and analyze vast amounts of information.
6. Communication skills – presenting analysis results in a clear and convincing manner to management and colleagues.

Why Super Skills of a Financial Analyst are Crucial for Business

Skills help not only to organize information but also to see real opportunities for business behind dry numbers. The ability to explain complex data in simple terms allows analysts to convey important conclusions to management that can change the company’s development trajectory.

Financial Analysis as the Foundation of an Analyst’s Work

Financial analysis is not just about working with reports; it is the backbone of the profession. It includes evaluating current indicators, determining resource sustainability, and forecasting future flows. For example, to diagnose profitability, ROA and ROE ratios are used to understand how effectively a company utilizes its resources.

Main methods and tools:

1. Liquidity ratios – assessing a company’s ability to pay its short-term obligations.
2. Profitability ratios – ROA and ROE, showing returns on assets and equity.
3. Cash flow analysis – tracking flows to ensure stability.
4. NPV and IRR – methods for evaluating the attractiveness of investment projects.
5. SWOT analysis – helps understand internal strengths and weaknesses, as well as external opportunities and threats.

Examples in Real Practice

Economic research allows companies to develop strategically and avoid mistakes. For instance, financial analysis of enterprises helps assess whether expansion is worth it or, conversely, whether costs should be optimized. For investment projects, it is important to evaluate not only potential profits but also risks using NPV and IRR methods.

Career Path and Education for a Financial Analyst

The path to becoming a financial analyst starts with a quality education. A higher education in economics is the foundation, but additional courses such as ACCA or CFA are required to gain a deep understanding of finance and prestigious international certifications. Courses in economic modeling and data analysis help master practical tools necessary for work.

Where to Study: Leading Programs for Future Analysts

Some leading Russian educational institutions offer specialized training programs for financial analysts, such as the Higher School of Economics (HSE) and the Financial University under the Government of the Russian Federation. These programs allow students not only to acquire theoretical knowledge but also to gain practical experience.

Top educational programs and courses:

1. HSE – programs on resource expertise and management.
2. Financial University under the Government of the Russian Federation – courses on economic management.
3. ACCA and CFA – international certificates to enhance competitiveness.
4. Financial modeling – training courses for in-depth analysis and forecasting.

Work Prospects for a Financial Analyst: From Novice to Leader

Starting a career as a junior analyst, a specialist gradually develops skills, moves on to more complex tasks, and becomes a lead analyst making key decisions on the company’s resource strategy. After several years of work, there is an opportunity to take on a managerial position in the analytical department, managing a team and participating in major projects.

Specializations: Areas for Deepening Expertise

Market financial analysis offers the opportunity to study competitors, evaluate their strategies, and forecast industry changes. Another specialization is financial analysis of business plans, which is necessary for evaluating company development plans and attracting investments.

Salary of a Financial Analyst: What to Expect?

Earnings depend on experience, region, and company type. In Moscow, a starting salary for a novice ranges from 70,000 to 120,000 rubles, while experienced specialists can earn from 150,000 to 300,000 rubles. In regions, salaries are 20-30% lower, but the demand for analysts remains high.

How Income Depends on the Company

Large international corporations typically offer higher salaries due to a bonus system based on the analyst’s performance.

Main factors influencing income:

1. Work experience – the more experience, the higher the income.
2. Region – salaries are higher in major cities.
3. Company type – international corporations pay more.
4. Certifications and qualifications – having CFA or ACCA increases income.

Impact on the Future of Business

A financial analyst is a key figure helping businesses grow and develop. Thanks to their skills, analysts can offer strategic solutions that enable companies to succeed in a competitive environment. Choosing this profession is a path to continuous development, the opportunity to influence major projects, and become an integral part of any organization’s success.

Modern IT projects are hard to imagine without competent analysis, information structuring, and effective interaction between business and developers. This is where a systems analyst comes into play – a specialist who connects technical teams with business clients, translating business requirements into understandable and clearly formulated development tasks. The role of a systems analyst in a project determines its success by minimizing the risks of misunderstandings and errors.

What a Systems Analyst Does: Key Tasks

The key function of a systems analyst is to identify, document, and coordinate requirements for the future system. Without this type of work, a project may face technical errors, task duplication, and inefficient architecture. The analyst’s work covers several areas:

• Gathering and analyzing requirements – systematizing client requests, identifying the logic of the future system’s operation;
• Documentation – creating technical specifications, diagrams, and models for developers;
• Communication – interacting with the team, clients, and stakeholders to clarify development details;
• Process optimization – finding solutions to improve system performance and usability;
• Testing and validation – ensuring that the implemented product meets the stated requirements.

Functions of a Systems Analyst in a Team

In addition to analysis and documentation, the specialist performs many additional duties: helping the team prioritize tasks, managing requirement changes, predicting possible risks, and controlling their mitigation. In large IT projects, the analyst becomes a link between developers, testers, managers, and end users. The role of a systems analyst in a project becomes particularly important during the planning, testing, and product deployment stages.

Tools of a Systems Analyst

To work effectively, a systems analyst uses various tools to analyze information, visualize data, and document requirements. Among them are:

• JIRA, Confluence – task management and documentation storage;
• BPMN, UML – business process modeling;
• SQL, Excel, BI systems – data analysis;
• Figma, Balsamiq, Axure – creating interface prototypes.

How a Systems Analyst Influences Project Success

When a specialist works efficiently, the team avoids many problems: conflicting requirements, unnecessary work, duplicated functionality, and extended development timelines. They help establish a clear logic of the system’s operation, define key performance metrics, and react promptly to changes. Therefore, a systems analyst plays a key role in reducing costs and improving product quality in a project.

Remote Work of a Systems Analyst: Pros and Cons

With the advancement of digital technologies, remote work for analysts is becoming the norm. The remote format provides flexibility but requires high self-organization, clear communication systems, and discipline. Online services allow teams to collaborate from anywhere in the world, but it is important to establish clear processes to avoid misunderstandings and delays.

Key Qualities for a Systems Analyst

A professional systems analyst must have developed logical thinking, the ability to analyze large amounts of information, and build clear connections between different system elements. It is important not only to understand the technical aspects of development but also to grasp business processes, financial models, and client requirements, especially in complex and large-scale IT projects.

Interaction of a Systems Analyst with Other Project Participants

Throughout the project lifecycle, a systems analyst closely collaborates with various specialists:

• Business analysts – help formulate requirements based on market needs;
• Developers – transform described requirements into a real product;
• Testers – verify the functionality compliance with specified specifications;
• Managers – oversee the project process and timelines.

This interaction ensures a comprehensive approach to product creation, reducing the risks of errors and delays at each stage.

Career Development and Perspectives

The IT market is rapidly changing, and the demands on analysts are increasing. Today, not only basic knowledge is important but also the ability to adapt to new technologies, work with big data, and understand automated systems. Analysts who can integrate machine learning, artificial intelligence, and modern development methodologies into their work become the most sought-after specialists in the market.

A systems analyst ensures clarity and structure in processes, helping companies create reliable, scalable, and secure IT products.

Additionally, analysts play a significant role in the digital transformation of enterprises. Their knowledge allows adapting traditional business processes to new realities, implementing automated systems, and enhancing user experience.

The Role of a Systems Analyst in a Project: Conclusions

The specialist’s task is to ensure coherence, accuracy, and efficiency in the team’s work. They do not just collect data but make it understandable and structured, helping development create products that meet real user needs. Thanks to the systems analyst, the project receives a clear logic of operation, implementation timelines are shortened, and the quality of the final result is improved. In the rapidly changing IT market, professionals in this field become key players in the successful implementation of technological solutions.

The digital transformation of businesses has increased the demand for professionals capable of leveraging data. Companies of all sizes use analytics to optimize processes, forecast demand, personalize products, and assess marketing effectiveness. At the forefront of this evolution are specialists who understand analytical approaches, information processing methods, and digital data interpretation. Understanding the types of analysts in IT means choosing a direction with high demand and long-term prospects.

Key Directions: Classifying Analysts by Specializations

The approach to analysis in the IT sphere is diverse. Each direction focuses on its own set of tasks, methodologies, tools, and ultimate goals. Within each profession, several specializations are formed with clearly defined competencies.

Business Analyst

The specialist addresses a strategic task — how to bridge the gap between business goals and technical implementation. They identify the real needs of the customer, systematically document them as requirements, transform business desires into specific development tasks. They analyze business processes, optimize them, identify growth points, use BPMN diagrams to visualize processes, UML diagrams to structure requirements, decision tables to document logic. This type of IT analyst shapes functional and non-functional requirements, writes specifications, scenarios, and cases. They must master tools such as Jira for task management, Confluence for documentation, Trello for visual control, Google Workspace for collaboration.

Data Analyst

The professional is responsible for in-depth analysis of structured data sets, performs collection, cleansing, transformation, interpretation, using Python (libraries like pandas, NumPy, matplotlib), actively applies SQL queries, visualizes results through Power BI, Tableau, or Google Data Studio. The specialist studies user behavior, identifies patterns, evaluates process efficiency, applies descriptive analytics methods to understand what happened and diagnostic analytics to determine why. They participate in dashboard creation, audience segmentation, building ML models for behavior prediction. In collaboration with marketers and product managers, the statistician provides a basis for decision-making. Among other IT directions, a Data Analyst enhances every function requiring precise, quantitative analysis, laying the foundation for strategic hypotheses and operational decisions.

Product Analyst

The expert specializes in product growth dynamics: analyzes key metrics such as retention, LTV, engagement, churn rate. They create and monitor sales funnels, set up cohort analysis, run A/B tests to validate hypotheses, work in environments like Amplitude, Mixpanel, Firebase, Google Analytics 4. The specialist evaluates the product lifecycle, identifies churn and growth points, suggests hypotheses to enhance user experience. In close collaboration with product managers, they test interface changes, functionalities, monetization algorithms. They interpret user behavior, build scenarios based on data. Among all IT directions, the Product Analyst is closest to both the user and the business simultaneously.

Systems Analyst

The statistician focuses on the technical aspects of tasks: ensuring completeness, consistency, and feasibility of requirements. They detail API descriptions, specify functional blocks, build architecture diagrams. They analyze how systems interact, decompose user stories into elementary steps — user flow. Working with tools like Postman for API testing, Swagger for interface descriptions, Draw.io and UML for diagrams, the expert maintains communication among developers, architects, DevOps engineers, and testers.

Web Analyst

The professional specializes in user behavior in the online environment: sets up event tracking, monitors conversions, analyzes the user journey from the first session to purchase. They use tools like Google Analytics, Yandex.Metrica, Google Tag Manager, Hotjar, Pixel, and UTM tags. They work with heatmaps, scroll maps, click maps, record user sessions for UX study. The specialist sets goals, conducts A/B tests on interfaces, evaluates landing page effectiveness, loading speed, and conversion-influencing elements. They compare traffic channels, determine the profitability of advertising investments. Within the IT web analyst domain, they provide real-time feedback for marketing, design, and development. Their data not only helps improve metrics but also forecast behavior.

Types of IT Analysts: How to Choose a Direction

Choosing the right development path depends on predisposition to logic, visualization, interaction with people, or numerical thinking. Practice shows that systems and business analysts often interact with teams and documentation, while product and data experts delve deeper into numbers, tests, and metrics. Web specialists bridge the gap between marketing and development.

To start in any IT analyst role, one needs to study:

• basic principles of specializations;

• SQL and visual dashboards;

• Excel or Google Sheets;

• fundamentals of Python or R for Data specialization;

• documentation and design systems (Confluence, Draw.io);

• A/B testing logic and product metrics.

Tools and Platforms: What Analysts Use

Modern IT analysts use a combination of platforms for data collection, report generation, and team collaboration. Depending on the specialization, the toolset includes:

• PostgreSQL, MySQL, BigQuery — for database work;

• Tableau, Power BI, Looker Studio — for visualization;

• Google Analytics 4, Yandex.Metrica — for digital analytics;

• Amplitude, Mixpanel — for product analytics;

• Jira, Trello — for task management;

• Confluence, Notion — for documentation;

• Git, GitLab — for interacting with dev teams.

  

Perspectives and Career Growth

The demand for specialists is growing. Data and product analysts are among the top 10 professions in terms of vacancies in major IT companies. Companies offer hybrid employment formats, remote work, with salaries ranging from 100,000 to 250,000 rubles per month. Senior analysts with over 3 years of experience transition to leadership roles, product managers, or data scientists. Continuous learning, certifications, and project participation increase the chances of 2-3 times growth in a year.

Types of Analysts in IT: What to Choose in the End?

Any type of IT analyst serves as a link between the product, business, and user. Understanding data, decision-making logic, attention to detail, and the ability to explain complex concepts in simple terms form key competencies. The profession offers a wide range of directions — from technical analysis to product analytics. The choice of a specific direction depends on your interests and inclinations, whether it’s technical aspects, business strategy, or user experience. In any case, the demand for analytical-minded professionals in the IT industry continues to grow.

The success of a business directly depends on data. Companies no longer rely on guesswork and intuition – strategic decisions are made based on accurate numbers, trends, and forecasts. That is why the work of BI analytics is becoming critically important.

Data analytics helps identify weaknesses, uncover hidden patterns, and adapt to market changes. The demand for BI analysts is rapidly growing, along with salaries – employers are willing to pay decent money for professionals who help them make informed decisions. In 2025, the profession is gaining popularity due to the mass transition of services online.

In this article, we will discuss how to become a business analyst without experience, master the field from scratch, and what skills are needed to become a successful professional.

Who Is a BI Analyst and What Do They Do

BI (Business Intelligence) is the intellectual analysis of business. A BI analyst is a specialist who collects, structures, and visualizes data, helping companies find patterns and make informed decisions.

Working in this field is not just about crunching numbers. The task of a professional is to make them understandable. Dashboards, reports, predictive models help businesses react faster to changes and find hidden growth opportunities.

How to Become a BI Analyst from Scratch

You can start a career even without a technical education, but you will need to master several key areas. Let’s look at the main steps and learn how to become a business analyst without experience.

The first step is to learn the basics of data analysis. It is important to understand how to work with information, which metrics are truly important, and how to extract valuable insights from a chaos of numbers.

The second step is mastering SQL. Without knowledge of database management, an analyst cannot efficiently extract the necessary information.

Next is learning BI tools. Excel has long been insufficient, so you will need to master dashboards and visualization systems like Power BI or Tableau.

The final step is working on projects and building a portfolio. Theory is great, but employers want to see real cases. Data analysis, report creation, and visualization are the best ways to solidify your skills and demonstrate your competence.

Skills Needed for a BI Analyst in 2025

BI analytics requires a combination of technical and business competencies. Even a novice business analyst should possess the following skills:

• SQL – the foundation of data interaction, essential for the role;
• database management – the ability to extract, filter, and analyze information;
• data visualization – creating interactive dashboards in Power BI, Tableau, Google Data Studio;
• logical thinking – identifying patterns in numbers and defining key metrics;
• business understanding – analyzing not only data but also company needs;
• statistics – basic knowledge of probability and correlation to make more accurate forecasts.

Who is a BI analyst? A specialist who not only works with numbers but also helps businesses make informed decisions. By mastering the necessary skills, you can start carving your path in BI analytics even without experience.

BI Analyst – Training and Resources for Starting Out

You can learn BI analytics through specialized courses or self-study. Useful resources for self-learning include:

• SQL trainers (SQLZoo, Mode Analytics) – help master basic queries;
• free courses on Power BI and Tableau – available on YouTube and Udemy;
• Kaggle – a data management platform where you can participate in real projects.

The key is not just to read theory but to apply knowledge in practice.

Working as a BI Analyst Without Experience – How to Find Your First Job

Beginners should explore several avenues:

1. Internships – many companies are willing to hire novices with basic skills in SQL, dashboards, and data analysis.
2. Freelancing – platforms like Upwork and Freelance.ru often seek specialists for one-time projects.
3. Large management entities – BI analysts are in demand in banks, IT companies, marketing agencies, and e-commerce.

The key is to show the employer real skills, not just a diploma. A portfolio showcasing data analysis, interpretation, and visualization will be more valuable than any certificate.

BI Analyst Salary in 2025

Salaries vary by company and region. In 2025, the average BI analyst earns between $1500 and $4000 per month.

A BI analyst without experience can start with a salary of $800-$1500, working in internships or small projects. Over time, income increases – specialists with good skills and experience can earn $5000 and above.

In large international companies, the pay level is higher, especially for remote workers involved with Western markets.

Remote Work and Prospects for BI Analysts

Business analytics is one of the professions that easily adapts to remote work. Most tools for database management, dashboards, and data analysis are available online.

Companies are willing to hire analysts for remote positions if they can interact with data and present it in a convenient format. Therefore, the opportunity to work as a BI analyst remotely in 2025 remains quite real.

Who Is a BI Analyst: Summary

A business analyst knows how to work with data, analyze it, and turn it into useful information for the business. The profession is in demand, and in 2025, the demand for such professionals continues to grow.

You can enter the field even with no experience by learning SQL, BI tools, and data analysis principles. You can work in an office or remotely, and experienced workers can earn $5000 and above.

If you have a desire to develop in the field of Data analytics, then BI analytics is an excellent starting point for your career.

In a world where mobility and flexibility have become key values, working as an analyst online turns into something more than just a way to earn money remotely. It’s a lifestyle, an opportunity to choose your own schedule, projects, and clients. But how can you effectively immerse yourself in remote work and make it your main source of income? This article details all the stages: from finding clients to ways to build a successful freelance career.

Benefits of Working as a Remote Analyst

Remote work as an analyst brings a number of advantages that make it attractive for data specialists at various stages of their careers. Here are a few key benefits of this format:

1. Flexibility of Time and Place. Choosing a place to work is a huge plus for those who value freedom and want to live in a suitable corner of the world. The ability to work from anywhere, whether it’s your own home, a coffee shop, or a beach, is an important part of a freelancer’s life.
2. Diversity of Projects. Being involved in different projects enriches professional experience and provides unique opportunities for growth and self-realization. Understanding the specifics of different businesses allows for faster and deeper development.
3. No Need to Commute to the Office Daily. The absence of the need to spend time commuting is a huge time saver, which can be spent on learning, earning, or simply relaxing.

How to Find Clients for Remote Analyst Work

Client acquisition is one of the key stages for any specialist who wants to venture into freelancing. There are several proven methods that not only help in finding but also retaining profitable clients.

1. Working as an Analyst on Freelance Platforms. Specialized platforms like Upwork, Freelancer, and others are excellent places to start. Creating a comprehensive profile with a description of skills and examples of completed tasks increases the chances of finding suitable projects.
2. Social Networks and Professional Communities. LinkedIn and other professional networks play a significant role in building a personal brand. It’s important to actively participate in discussions, share results, and publish useful content that demonstrates expertise.
3. Data Analyst Portfolio for Freelance. A well-crafted portfolio is a key element in attracting clients. It’s important to showcase a variety of completed projects, successful case studies, and the ability to solve specific business tasks.

Remote Analyst Work: Earnings

The income level depends on various factors: experience, niche, number of projects, and task complexity. The average earnings of freelance data specialists range from 80,000 to 150,000 rubles per month, provided there is a steady flow of clients and a good reputation. Beginners in analytics should expect to earn between 30,000-50,000 rubles, but as experience and portfolio grow, the amount increases.

Remote Analyst Work: Specifics

You can become a business, systems, UX/UI, or data analyst. Each direction has its own specifics. For example, a business analyst often interacts with clients and management teams, analyzes requirements, and develops solutions. A UX/UI specialist is responsible for ensuring user convenience and efficiency in interacting with the product.

We recommend studying the differences of all directions to understand which one suits you best.

Tips for Successful Remote Analyst Work

It’s important not only to possess technical skills but also to be able to organize the work process. Here are some tips to make your career as successful as possible:

1. Self-Organization Skills. You need to be able to plan your time, meet deadlines, and be disciplined. Without these qualities, working as a freelancer will be extremely challenging.
2. Continuous Learning. The field of data is rapidly evolving, and success largely depends on the ability to quickly master new technologies and approaches. Courses, books, webinars – all of these are important for professional growth.
3. Communication Skills. When working remotely, it’s important to communicate effectively with clients, understand their needs, and find suitable solutions. Establishing good relationships not only helps in successfully completing projects but also in repeat business.

Remote Analyst Work: First Steps for Beginners

The journey begins with mastering basic skills and creating your own portfolio. A great way to get initial projects is through small orders on freelance platforms. To do this, it’s important to take specialized courses and have an understanding of basic tools in the field, such as SQL, Python, Excel.

How to find work as an analyst without experience? It’s important not to be afraid to start with small tasks and gradually expand the range of services. Internships or participation in volunteer projects often serve as an excellent springboard for a future career.

Modern companies are willing to hire entry-level specialists if they show initiative and a willingness to learn. At the initial stages, one can work on free projects or offer services to small companies at reduced rates. This approach helps in quickly gaining experience and starting to earn money. In the future, a specialist can work not only with Russian companies but also with international ones that are willing to pay even more.

Conclusion

Working as a remote analyst is a path to freedom, choice, and continuous development. It’s important to organize the work process correctly, focus on client acquisition, and self-education. The freelance world requires discipline, but in return, it offers real independence and a decent income. A novice can confidently move forward if they have the necessary skills and are ready for continuous development.

The development of technologies and the increasing complexity of organizational processes increase the demand for professionals capable of managing information and organizational flows. Companies employ system and business analysts, whose roles share common features but differ in approaches and tasks. Understanding the differences between these professions helps avoid confusion in responsibilities and improve teamwork.

## Who are a Business Analyst and a System Analyst: What’s the Difference?

In a modern project, both roles play a central role. They facilitate interaction between the client, developers, and other process participants.

### Who is a Business Analyst?

The specialist performs a key task—identifying and formulating the needs of clients or users, transforming them into measurable and achievable goals. This professional deeply understands business operations, evaluates their effectiveness, suggests optimizations, and defines requirements for product development.

Functionalities:

1. Collecting, analyzing, and documenting business requirements.
2. Building a product roadmap and setting priorities.
3. Assessing project risks and preparing proposals for risk mitigation.
4. Conducting meetings with clients to discuss business goals and tasks.

Skills in tools such as BPMN, UML, and MindManager allow analysts to visualize complex processes.

### Who is a System Analyst?

A professional who focuses on the technical side of product development. Their responsibilities include studying the system architecture, identifying opportunities for its expansion, and developing solutions for integrating new components.

Tasks:

1. Preparing technical documentation for developers.
2. Analyzing existing systems for compatibility with new solutions.
3. Designing software architecture considering requirements.
4. Testing functionality before release.

Tools like Confluence, Jira, and Visio aid in creating diagrams and technical specifications.

### Comparing Business Analyst and System Analyst: Differences

The division of responsibilities between these specialists helps avoid conflicts in the project. Differences manifest in functions, skills, and work approaches.

A business analyst tackles tasks related to analyzing internal processes, defining key performance indicators, and aligning requirements with the client. The goal is to enhance the product from the user’s perspective. In contrast, a system analyst focuses on developing the technical infrastructure, determining how to implement requirements from a technological standpoint.

## Functions of Specialists in a Project

Efficient role allocation among project participants minimizes risks, enhances communication, and achieves set goals. The difference between a system and business analyst is particularly noticeable during requirement formulation and technical implementation stages.

### Role of a Business Analyst in a Team

The specialist defines project goals, translates client needs into tasks, and ensures the results meet expectations. They delve deep into business processes, identify bottlenecks, and propose specific improvements.

Work stages:

1. **Conducting interviews with the client.** Gathering data on project goals, user expectations, and key constraints. This data forms the basis for the entire project work.
2. **Preparing requirement specifications.** Compiling detailed documentation, including functional and non-functional requirements. Business analysts use standards like BABOK to structure requirements in line with global practices.
3. **Market and competitor analysis.** Comparing current market solutions to determine the product’s competitive advantages. The analysis includes evaluating prices, features, and usability of existing solutions.
4. **Maintaining documentation.** Updating requirements, tracking changes, and coordinating with development teams and the client.

### Role of a System Analyst in Development

The professional ensures the technical implementation of requirements by transforming them into architectural solutions. Their responsibility is to ensure the project aligns with tech standards and is completed within set deadlines.

Tasks:

1. **Developing integration schemes.** Creating interaction schemes of new modules with existing systems. These schemes help avoid conflicts between different infrastructure elements.
2. **Requirement analysis.** Assessing the technical feasibility of stated functions, identifying risks, and minimizing them. System analysts apply frameworks like TOGAF for architecture design.
3. **Coordinating developers and testers’ work.** Organizing the task handover process, monitoring execution, and resolving arising issues.

## How Business Analyst and System Analyst Work in the Same Team: Differences in Responsibilities

Collaboration between specialists is based on clear task allocation. A business analyst shapes high-level requirements and focuses on the company’s values, while the system analyst is responsible for their technical implementation.

### Examples of Successful Collaboration

A project to develop a CRM system illustrates effective collaboration. The business analyst gathered data on user needs, identified key functions such as sales automation and customer base management. The system analyst developed an architecture ensuring CRM integration with the company’s ERP system.

This collaboration led to:

1. Increasing sales department productivity by 20% through automation.
2. Reducing manual data updates costs.
3. Ensuring system scalability for future changes.

## Why Understanding the Difference Between a Business Analyst and a System Analyst is Important?

Role division helps avoid conflicts, increase team productivity, and create a quality product. A clear understanding of what a business analyst and system analyst represent, the difference between the specialists, allows for proper task allocation and project success.