Wednesday 18 November 2015

Career as a Business Analyst

The 21st century business analyst’s world is multifaceted. As a mediator, moderator, connector and ambassador, the business analyst must bring the business needs together with IT resources. Successful business analysts tend to be clear communicators, smooth facilitators, precise analyzers and team players. Plus, the ideal analyst has the versatility of various business functions, such as operations, finance, engineering, technology or architecture


What Does a Business Analyst Do?

The analyst works with the business to identify opportunities for improvement in business operations and processes
The analyst is involved in the design or modification of business systems or IT systems
The analyst interacts with the business stakeholders and subject matter experts in order to understand their problems and needs
The analyst gathers, documents, and analyzes business needs and requirements
The analyst solves business problems and, as needed, designs technical solutions
The analyst documents the functional and, sometimes, technical design of the system
The analyst interacts with system architects and developers to ensure the system is properly implemented
The analyst may help test the system and create system documentation and user manuals


How Much Do Business Analysts Make?

Depending upon which business analyst career path you choose, you’re certain to benefit from a highly rewarding and lucrative career. To give you an idea of how profitable this field can be, take a look at these job titles and average salaries, based on U.S. Bureau of Labor statistics, for a variety of business analyst jobs:

Average Annual Salary

Information Security Analyst :  $86,170

Computer Systems Analyst : $79,680

Management Analyst:  $78,600

Financial Analyst:  $76,950

Budget Analyst: $69,280


Certifications

Business analysts who want to enhance their expertise and expand their career options achieve industry-recognized certification. The current leader in business analysis certification is the International Institute of Business Analysis (IIBA®). The IIBA offers the prestigious Certified Business Analysis Professional™ (CBAP®), a designation accomplished by candidates who successfully demonstrate their business analysis expertise. As a candidate, you’ll need to detail your business analysis work experience, and pass the CBAP exam.

 7 Qualities of A Good Business Analyst  

#1 – Good Business Analysts Have the Basics Covered
#2 – Good Business Analysts are Resourceful
#3 – Good Business Analysts Grow their Toolbox of Skills
#4 – Good Business Analysts Create Alignment and Ownership Around the Solution
#5 – Good Business Analysts Create Clarity
#6 – Good Business Analysts Don’t Rely on Cookies
#7 – Good Business Analysts Have a Strong Dash of Project Management
 

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