Transaction Analyst Education

A transaction analyst education requirement revolves around various aspects of finance. As a transaction analyst, you will be responsible for procurement and management of inventory levels. At the core of the job brief is inventory management and you should be able to support this role by using functions like data inputs, completion of records or record maintenance, location transfer transaction, successfully using data analysis techniques, root causing transactional issues, identifying and solving issues related to complex data anomalies or inconsistencies, facilitating necessary communication through documentation management and others. In order to handle your work portfolio, you need to enroll for the right educational program so that you can learn the basics and details of finance and inventory management.

Transaction Analyst Education Requirements:

  • The minimum educational qualification required to pursue a career of a transaction analyst is a high school diploma.
  • You need to opt for an under graduate degree program with majors finance or inventory management in order to follow your career path better. The most appropriate program is a bachelor in inventory management and control or finance. The major focus areas of the course include planning and controlling inventory, financial and operational aspects of organization, inventory management and forecasting etc.
  • You can also opt for a certification course in specific areas of transactional analysis like the Transactional Analysis Practitioner Certificate, Certificate in Accounting for Inventory and Depreciation, Distribution Management Certificate and much more.

Transaction Analyst Degrees, Courses and Certifications:

It is important to lay emphasis on transactional analyst education requirements as your qualifications will determine how your career growth chart will be in the near future. The basic educational qualifications that you need to hold include:

  • High school diploma
  • Bachelor of Science in Finance / Bachelor of Science in Inventory Management /
  • Master of Business Administration
  • Certificate in Inventory Control

Transaction Analyst Qualification and Training:

The most important aspects of a transaction analyst education are that it will impart the necessary theoretical knowledge required to accomplish various tasks. In order to get practical experience you can opt for an internship program in the final semester of the under graduate program. During internship, you can apply your knowledge towards implementing practical solutions.

Transaction Analyst Colleges and Universities:

Transaction Analyst Wages and Salaries:

The average salary of a transaction analyst in the US varies from $51,000 to $85,000 annually while the median expected salary is $69,000. The average salary can also vary from one organization to another like the average transaction analyst salary at Sumiotmo Mitsui Banking Corporation is $72,409 per annum while that as Capital IQ is $54,052 annually.

Category: Analyst Education Requirements

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