How To Become A Strategic Analyst: What It Is and Career Path

What is a strategic analyst and how to become one

Updated January 8, 2025

3 min read

Quoted Expert

Cheryl Dorsey

Strategic analysts develop, communicate, and implement strategies. This is to address competition, changes in customer preference, and improvements in technology and marketing tools. They create new pricing, product, and e-commerce plans.

They use the customer data from CRM and customer research to understand trends and identify opportunities. This would help drive revenue, increase yield, improve market share, and aid customer retention. Also, they coordinate and implement sales and marketing programs. Additionally, they negotiate, devise, and implement vendor agreements, distribution relationships, and partner agreements.

Applicants for this position are required to have a degree in business administration, economics, information management, or a related field with at least two years of experience in analytics. You must be conversant with data management and SQL for data manipulation. Essential skills include critical thinking, problem-solving, collaboration, computer, and communication skills. Strategic analysts are paid an average gross salary of $74,271 or $35.71 per hour. This ranges between $52,000 and $104,000.

What general advice would you give to a Strategic Analyst?

Cheryl Dorsey

Lecturer, Benjamin Franklin Institute of Technology

Overall, for a new graduate starting their career, I would suggest that you be flexible and try to learn as much as possible to develop additional skills. This will make you more marketable in the future.

ScoreStrategic AnalystUS Average

Salary

6.2

Avg. Salary $79,476

Avg. Salary $59,228

Stability Level

4.9

Growth Rate 19%

Growth Rate 0.3%

Diversity

3.0

Race

American Indian and Alaska Native 0.13%

Asian 14.26%

Black or African American 4.74%

Hispanic or Latino 11.27%

Unknown 4.89%

White 64.72%

Gender

female 43.67%

male 56.33%

Age - 34

Race

American Indian and Alaska Native 3.00%

Asian 7.00%

Black or African American 14.00%

Hispanic or Latino 19.00%

White 57.00%

Gender

female 47.00%

male 53.00%

Age - 34

Stress Level

4.9

Stress level is manageable

7.1 - high

Complexity Level

8.2

Complexity Level is challenging

7 - challenging

Work Life Balance

4.6

Work Life balance is fair

6.4 - fair

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Key steps to become a strategic analyst

Explore strategic analyst education requirements

Most common strategic analyst degrees

Bachelor's

68.5 %

Master's

21.8 %

Associate

5.7 %

Start to develop specific strategic analyst skills

Skills	Percentages
Data Analysis	18.04%
PowerPoint	16.46%
Email Marketing	11.53%
Business Development	5.68%
Business Processes	5.40%

Complete relevant strategic analyst training and internships

Accountants spend an average of 1-3 months on post-employment, on-the-job training. New strategic analysts learn the skills and techniques required for their job and employer during this time. The chart below shows how long it takes to gain competency as a strategic analyst based on U.S. Bureau of Labor Statistics data and data from real strategic analyst resumes.

Research strategic analyst duties and responsibilities

Update planning model in Hyperion through managing metadata, creating and updating business rules, and updating drivers and input data.
Manage positioning research, analyze potential markets for expansion of product franchise, and publish monthly analysis of product performance.
Develop business plan for startup logistics firm selling vehicle tracking device.
Ensure all financial statements and disclosures are prepared in accordance with GAAP and regulatory requirements.

Prepare your strategic analyst resume

When your background is strong enough, you can start writing your strategic analyst resume.

You can use Zippia's AI resume builder to make the resume writing process easier while also making sure that you include key information that hiring managers expect to see on a strategic analyst resume. You'll find resume tips and examples of skills, responsibilities, and summaries, all provided by Zippi, your career sidekick.

Choose From 10+ Customizable Strategic Analyst Resume templates

Build a professional Strategic Analyst resume in minutes. Browse through our resume examples to identify the best way to word your resume. Then choose from 10+ resume templates to create your Strategic Analyst resume.

Apply for strategic analyst jobs

Now it's time to start searching for a strategic analyst job. Consider the tips below for a successful job search:

Browse job boards for relevant postings
Consult your professional network
Reach out to companies you're interested in working for directly
Watch out for job scams

How do strategic analysts rate their job?

-/5

5 Stars

4 Stars

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1 Star

Strategic Analyst reviews

A zippia user wrote a review on Aug 2020

Pros

keeping the company vibrant in the marketplace and returning maximum shareholder value

A zippia user wrote a review on Feb 2019

Cons

Lots of sitting.