BUSINESS ANALYST CAREER PATH
Business Analyst acts as a liaison between the information technology (IT) division of the company and management. He is responsible for analysing the company’s business systems and identifying different options for augmenting the working of business systems. It is the job of an analyst to clearly understand the problems of a company and create viable solutions for the woes confronting the business. While creating these systems, it is his job to provide technological solutions to different business problems.
In the last few years, there has been a spurt in the economic growth. Due to this, there are various business analyst jobs which are available in the market. The package of an analyst is quite lucrative and the job comes along with other perks as well. Analysts usually start their careers in entry-level job roles. They primarily focus on information, research, and interviews. As an analyst gains more experience, they start working on important projects, which demand an impeccable use of complex tools and knowledge. Once a business analyst has gained work experience and skills within different job roles, he/she may also start own consulting business or move into other managerial roles.
In reality, there are no particular qualifications that you may need for doing analyst jobs. Business analyst job has become synonymous with engineering and IT. As a result, an IT background would be required for certain job profiles. Also, a post-graduate degree in finance is an added benefit. The IIBA (International Institute of Business Analysis) is offering a certified professional certification, which is recognized across the world.
Just as the path to becoming a business analyst is not set in stone, neither are the roles or responsibilities of the analyst. While their main duty is to improve efficiency, they may also be asked to focus on only one department or division in the organization. For example, an analyst may be asked to help improve sales planning, scaling, or even business strategies.
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