How to Become Business Analyst
The Importance of Business Analyst in the Data Age
If we call today’s time the time of data, then there will be nothing wrong in it, because today businesses are trying to understand business patterns by using data and through the available data, companies are trying to improve their processes as well as taking critical decisions so that their business can grow rapidly. And if anyone can help in fulfilling this desire of companies, then it is the business analyst whose purpose is to tell the companies the best ways through which the company can achieve its operational objectives.
How Business Analysts Help
Now how is it possible for a business analyst to do this? If you are wondering this, then let us tell you that business analysts understand the problems of the business thoroughly and analyze them and then provide the best solutions so that the company can get out of the problem and move towards profits.
That is why the best corporate houses like Tata Consultancy Services, Accenture, Janpact, Cognizant, Infosys, Wipro, Deloitte and IBM also hire business analysts and small to mid-level companies are also finding it necessary to hire a business analyst as a business advisor or business consultant according to the budget of their company and that is why today a business analyst is one of the most highly paid professionals.
Roles and Responsibilities of a Business Analyst
Business analysts bridge the gap between IT and business teams by using analytics to evaluate processes, determine requirements, provide data-based solutions and generate reports for executives and stakeholders.
Process to become a business analyst
Now if this profession of providing the best solution to business problems by analysing data has attracted you too, then you must watch today’s Article in which you will get answers to all your questions related to becoming a business analyst and through this you can also decide whether this profession will be suitable for you or not. After all, it is a matter of career, so you should get complete information once, so definitely read this Article completely.
So let’s move ahead in the Article and first know what is business analytics? Business analytics combines management, business and computer science fields. It makes required changes in the organization by utilizing big data, statistical analysis and data visualization. It is a process through which businesses analyze data using various technologies and statistical methods and gain better insights for the company’s future.
And now let us know which problems do business analysts solve for the company, i.e. what are the responsibilities of a business analyst? A business analyst finds out the business objectives and problems of an organization or company and provides suitable solutions for them. It is their duty to find out the functional and non-functional requirements of the business. Giving feedback on a software application layout and adding newly designed features to it based on the needs of the business is also a part of the work of a business analyst. They have to collect business requirements from clients and stakeholders and also discuss business issues and solutions through regular meetings. To solve a particular problem, it is also part of their work to interact with the development team and get the solution designed and they also have to help in testing the system, creating system documentation and user manuals.
Required skills and courses
So to become a business analyst, it is necessary to have many skills, such as communication skills, commercial awareness, mathematics expertise, analytical skills, conceptual modeling skills, managerial skills, problem solving skills, decision making skills, negotiation skills, skill to quickly identify risk, working knowledge of Microsoft SQL Server, MySQL Database, Oracle DB and SQL Lite, knowledge of programming languages like R and Python and knowledge of data visualization tools like Tableau, Qlik View and Power BI and after the skills, now let’s know about the process of becoming a business analyst.
In the process of becoming a business analyst, first you have to pass class 12th with good scores and after that in graduation you can take a relevant degree in business administration or finance which will sharpen your analytical skills and you will also get the knowledge of business operations objectives.
To become a business analyst, it is not compulsory for you to be from the IT field and even if you are from a non-IT background, you will be eligible for this position but you should also know that most companies give preference to IT and engineering background candidates because now business analytics is increasingly becoming dependent on technology and software, so if you are from an IT background, then by sharpening your skills you can become eligible for this position and if you are from a non-IT field and want to keep your chances of reaching this position strong, then you can also take education related to it.
To become a business analyst, if you take a degree like Operations Management, Human Resources, Logistics, Finance, Accounting, Business Administration, Business Analytics, Business Information System, then your chances in this sector will increase significantly. You can also take certification, bachelor’s degree, post graduate degree and diploma in business analytics. So let us give you some knowledge about these courses so that it can be a little easier for you to move forward in this field. For admission in certification courses, you must have passed 12th and some such certification courses are: Agile Analysis Certification Training, Certification for Business Analyst, Business Analyst Certification for Beginners, Certification of Competency in Business Analysis, Certified Agile Business Analyst Certification and PMI Professional in Business Analysis.
So similarly at the graduation level you can do Bachelor of Business Administration i.e. BBA or Bachelor of Business Management i.e. BBM. For admission in both these courses, you have to clear class 12th from any stream with 50 to 60% and have to clear the entrance test. In this you can get college to college variation. Now at the post graduation level you can do Master of Business Administration i.e. MBA for which you must be a graduate with minimum 50% and you have to clear the entrance test as well and in this you can also enhance your knowledge and skills by doing Diploma and PG Diploma like Diploma in Business Administration for which you must have passed 12th class. PG Diploma in Business Analysis and PGDM Business Analytics i.e. Post Graduate Diploma in Management Business Analytics for which you must be a graduate from any stream and you will also get business analytics courses online. You should also know that for entry level business analyst job roles, a bachelor’s degree in business administration, management or information technology is sufficient, while for mid-level and senior level positions, a master’s degree in business analytics or related fields is in demand, meaning that you can enter this sector with a bachelor’s degree and if you want, you can secure a better position for yourself in this field by taking higher education.
Top institutes and career options
And now it is time to know the names of the best institutes in India where business analyst courses can be done and these are: Indian Institute of Management Bangalore, Indian Institute of Management Kolkata, Indian Institute of Management Indore, Indian School of Business Hyderabad, Indian Statistical Institute Kolkata, Great Lakes Institute of Management Chennai, Galgotius University Greater Noida, Xavier Institute of Management and Entrepreneurship Bangalore, Pune Institute of Business Management Pune, International School of Management and Research Pune.
After courses and colleges, now know the five popular career paths for business analysts which are: IT Business Analyst, Business Analyst Manager, Data Analysis Scientist, Quantitative Analyst, Data Business Analyst. So these career paths are based on your education like for the position of Data Analysis Scientist, graduation in Mathematics, Statistics or Economics is the basic requirement. For the position of IT Business Analyst, Bachelor’s degree in Computer Science or Information Technology For the position of Business Analyst Manager, Bachelor’s degree in Finance or Business Administration For the position of Quantitative Analyst, database management skills and computer programming skills specifically c++ and for the position of Data Business Analyst, graduation in Statistics, Mathematics, Economics or Data Science is the basic requirement.
Salary and future
Let us talk about salary at the end of the Article, so the average salary of a business analyst in India is 6 lakhs per annum and this salary package is affected by many factors which include factors like company size, company reputation, location, job position, education qualifications and experience. IT and e-commerce companies offer good salary packages and reputed companies like TCS, Amazon, Accenture, Deloitte pay higher salaries. Apart from these, business analysts in Pune and Bangalore are offered comparatively high packages according to the location and with this this Article based on business analyst is completed and we hope that you have also got all the necessary information related to this career option.
