June 1, 2018
In an ever growing and ever-changing world, business analysis has emerged as one of the most crucial business practices of the twenty-first century. As an important link between a company’s information technology capabilities and its business goals, a skilled business analyst contributes to the profitability of the company in almost every sector.
A professional training in business analytics can help you seize the opportunity presented by a rapidly changing marketplace by imparting you with the skill sets required by the organizations to remain competitive.
In today’s complex business environment, a company’s ability, adaptability and flexibility to incorporate the constant changes in its business through innovation and technology is the key to success. This is where a business analyst comes into picture.
A business analyst is a change facilitator in an organisation; it is his/her job to improve business processes through solutions that are often technological ones. She helps a business achieve its goals through projects by suggesting cost effective and efficient measures through IT solutions and communicating the same to stakeholders, facilitators and partners.
Mapping the needs of a project/program is the core skill of a business analyst role. Gathering the complete requirements of the project, defining, analyzing and documenting the same are the preconditions to developing a solution to the business problem.
Hence, managing requirements in the key role of a business analyst. A business analyst normally takes a lead role in assisting with the business case, planning and monitoring, gathering & organizing requirements, translating and simplifying the same, managing & communicating and analysing the requirements.
The business analyst, sometimes, is a part of the business operation. To improve the quality of the services to be deliver, the business analyst works with Information technology. Sometimes used for assisting in Integration and Testing of new solutions.
The business analyst may also support to develop training material for a project, take part in performing the same, and provide post-implementation support. This may involve developing project plans and often needs project management skills.
The specific job deliverables of a business analyst may differ according to an organization’s needs. Some may be limited to IT related projects while the other may be involved in different sectors like finance, accounting, marketing, operations, etc. Following are some of the job deliverables that a business analyst may be involved with:
Education and training wants for a business analyst’s role may vary according to the industry, specific role and employer. It is possible to enter the field with three years of graduate course and relevant experience but most employers ask for a bachelor’s degree.
Some professionals go on to get a master’s degree too. To become a successful business analyst, it is important to have the core skills and specialized knowledge. This will further an organization’s goals and keep its competitiveness in today’s complex world:
Succeeding at your career as a business analyst takes commitment and proper planning as the job market is volatile and keeps changing very rapidly and unpredictably. It is important for you to prepare yourself in the business analytics to ensure you are a dab hand at the core skills required to become a successful business analyst. Then you can easily break into this field.
Great Learning: This institute is a part of the Great Lakes campus. They run India’s first mentorship driven analytics program. The institute provides 6 months of the online training program with in-house developed content, recorded videos. Live interactive online sessions with experienced faculty, 48 hours of personal mentorship from analytics industry professionals, hands-on projects in R, etc. To know more about this course, please visit the Great Learning website.