Business Analysts are gaining immense demand and popularity in every industry and sector today. They are also one of the highest-paid professionals today. Individuals and organizations hire them to provide valuable insights for business growth and advancement. One of the best ways to practice this as a profession is to pursue a business analysis course online and gain the required skills and experience to start practicing as a business analyst. We also detail in this blog how to become one. Read on.
Who Is A Business Analyst?
Business Analysts help drive business growth by understanding the various problems faced by the business and offering appropriate recommendations and solutions to enable the organization to make the required changes and improvements in their working processes. They identify the exact client requirements, produce reports to be shared with the concerned stakeholders, assess working processes, and provide data-driven solutions to the company.
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Role Of A Business Analyst In An Organization
Some of the top responsibilities performed by business analysts in an organization are defined as follows:
- Gathering and understanding the business needs of clients and other concerned stakeholders
- Offering feedback on the layout of a software app and executing the new features per the business requirements
- Holding meetings regularly with clients and other stakeholders to discuss business problems and corresponding solutions
- Creating and documenting data visualizations to communicate all project findings
- Determining overall organizational goals
- Interacting with the development team to devise appropriate solutions for a specific problem
- Identifying the functional and non-functional needs of an organization
- Validating a project’s current status and ensuring that it is progressing in line with the client's requirements
Academic Requirements To Become A Business Analyst
Business Analysts are generally professionals with an academic background in one of the relevant domains - finance, business, economics, IT, or any other related discipline. Some top job roles in the industry may require a Master’s degree. We explain how to become a Business Analyst in the following section.
How To Become A Business Analyst?
If the job profile of a Business Analyst excites you, here’s your chance to become one by following the simple steps detailed below:
- Set your objective: This is the first and the most important step in the process of becoming a business analyst. Clearly define your career goal and what you aspire to be in the next 5 or 10 years. Then gain clarity on the exact job role of a business analyst, their duties, and responsibilities. This would help you understand the basic concepts of business analytics. You can gain this learning by attending short-term online courses or training workshops.
- Earn a formal degree: Pursuing a full-fledged business analytics course helps start work as an entry-level business analyst. For senior or specialized roles, you may consider pursuing a Master’s or advanced degree in business analytics.
- Develop your skills: Upskilling is crucial to the process of advancing your career path and earning higher-paying management-level roles in the domain. Some of the key desirable skills in the industry are problem-solving, stakeholder analysis, business analytics, effective communication, and technical skills.
- Earn online certifications: Acquiring a business analyst certification online can be very helpful in learning the latest technologies and software that can help in career growth and development. You can choose to sign up for an online certification course that assures the convenience and comfort of pursuing the program from home or anywhere else.
- Gain practical skills: This helps you put your theoretical concepts to practical use and apply them in real-world work environments. This further helps get a better understanding of how to function as a business analyst after stepping into the industry. You may choose to work in short-term internship programs or look for an entry-level job role as part of the process.
- Create a work portfolio: This includes highlighting all assignments and projects completed as part of your business analytics degree program (mentioned earlier) or any other skills gained as part of your internship or certification course online. Also, as part of the portfolio-building exercise, create a professional resume that highlights your academic achievements and work experience gained, if any. This would help you apply for a suitable job role in a relevant industry and help you gain advanced skills and learning experience in the domain.
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Skills Required For Business Analysts
Some of the key skills desirable of business analysts working in varied industries are defined as follows:
- Analytical ability
- Fair knowledge of relevant databases such as MySQL, SQLite, Microsoft SQL Server, and Oracle DB
- Knowledge of data visualization tools such as QlikView, Tableau, and PowerBI
- Domain-specific knowledge (preferred relevant work experience in the area)
- Negotiation skills
- Knowledge of programming languages like Python and R
- Effective communication skills
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Potential Salary Of Business Analysts In India
The exact pay range for professionals in this domain is likely to vary from one individual to another, based on several factors such as the location of work, an organization working for, the industry chosen, work experience, and academic qualifications. However, for general reference, it may be considered that the average annual salary of a business analyst in India is estimated to be Rs 9.7 lakh per annum.
Become A Business Analyst Online
The good news is that you can now choose to pursue a business analyst course for beginners online from the comfort of your home or any other location. Moreover, you can choose the pace of your study and also pursue self-paced learning as part of the program. This allows you to perfectly adjust your study schedule with your work commitments and comfortably continue online learning in your own time.
Amity University Online offers a wide array of courses in this domain for both students and working professionals. You can either opt for beginner courses (defined above) or choose to pursue a Master’s in Business Analytics online, depending on your academic interests and career aspirations. Sign up for a program of your choice today on Amity Online and take the first step to becoming a Business Analyst.
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