Business Analyst
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Business Analysts help maximize a Business's effectiveness through Data-driven decisions.
Business Analysts identify Business areas that can be improved to increase efficiency and strengthen Business processes. They often work closely with others throughout the Business hierarchy to communicate their findings and help implement changes.
Tasks and Duties of a Business Analyst May Include:
Identifying and prioritizing the organization's functional and technical needs and requirements
Using Google Drive and Excel to analyze large data sets
Compiling charts, tables, and other elements of data visualization
Creating financial models to support Business decisions
Understanding Business strategies, goals, and requirements
Planning Enterprise Architecture (the Business Structure of a Business)
Forecasting, budgeting, and performing both variance Analysis and financial Analysis Learn about what Business Analysts do and what it takes to become one.
How to become a Business Analyst
Becoming a Business Analyst may require gaining skills and credentials applicable to the work and the industry you're interested in. Coursework, certifications, or degrees can each aid your path to a job as a Business Analyst.
1. Sharpen your Business Analyst skills.
Here are some skills you’ll typically want to have as a Business Analyst.
Business Acumen:
A solid understanding of finance, accounting, and Business principles will help you surface what operational issues exist, and how best to address them.
Communication: A Business Analyst is often expected to communicate with several different players within an organization, including upper management and other teams. Being able to present your ideas clearly and convincingly—both verbally and in writing—will be a large asset as a Business Analyst.
Data Analysis:
Gathering, tracking, and Analyzing performance metrics will be central to a Business Analysis role. Having a good grasp of data Analysis and visualization tools like Tableau, Excel, and BI Tools can be useful. Some knowledge of a programming language like SQL may also come in handy.
Business Analysis Methodologies:
Depending on your industry, it could help to be familiar with specific methodologies, like Agile Business Analysis, Six Sigma, or Rational Unified Process.
Industry Expertise:
Different Industries have different Business needs and challenges. Developing Business solutions for an IT company might look different than it does for a health care company. Industry experience, even in another role, can give you a competitive edge when applying for jobs.
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