Introduction

We live in a modern, ever-changing, fast-paced world where everything around us is constantly changing, so are business mechanisms. The way of handling business operations of yesterday are antiquated by transforming to the new way of advanced approach.

Companies are gradually embracing business analytics for fast, efficient, and more future-driven outcomes. Analytics generally refers to the science of manipulating data by applying different models and statistical formulae to find insights. There has been a surge in demand for the role of business analysts in recent years.

What does a Business Analyst do?

A business analyst is a multi-tusker and has a lot of responsibilities to cater to. The role of business analyst includes:

• Designing the implementation of IT systems.

• Identifying opportunities for improvement in business operations and processes
• Working with system architects and developers to ensure the system is properly implemented
• Facilitating workshops to establish a shared understanding among diverse stakeholders

Let's move on to the role of business analyst in the organization.

What is the role of a Business Analyst?

Since the role of a business analyst in IT company entails various positions and responsibilities, it's important to have a thorough understanding of what is the role of a  business analyst. The main role of business analyst is to use their analytical skill to improve and streamline processes to meet their objectives and reach goals. Apart from this, some of the primary other roles and responsibilities of a business analyst are;

• The job role of business analyst is to identify the organization’s core business operations, objectives, and problems and develops innovative solutions.

• The role of a business analyst in agile is to documents and builds data visualizations to convey all the project findings.

• Another role of business analyst is to hold meetings with stakeholders and clients to discuss business issues and solutions.
• They comprehend and collect business requirements from clients and stakeholders.
• Modern business is highly complex, so they need to constantly update and acquaint themselves with innovative methods for analyzing, documenting, and guiding management for furthering revenue. 

What skills do a Business Analyst require?

Key skills business analyst require are:

• Technical skills: These skills include stakeholder management, data modelling, and knowledge of IT.
• Analytical skills: Business analysts have to analyze vast data and extract meaningful information out of it.
• Research skills: you must conduct a thorough research about new processes and software to present effective results.
• Problem-solving skills: It is a business analyst’s primary responsibility to develop solutions to an organization’s problems.
• Decision-making skills: It is the work of business analysts to deal with complex IT systems, so they need to assess the situation and take the correct decision of smooth implementation of functions.
• Communication skills: Business analysts must lucidly communicate their ideas, which is easy for the other person to understand.

Business Analyst Certification

Jigsaw Academy provides business analytics certification that can boost your career growth.  Certification courses are uniquely designed to impart the best knowledge to act as an impetus for career advancement.

• Certification courses are flexible. They don’t require a lot of time. Few hours every day is sufficient to complete the program.
• Modern courses are designed that promote interactivity, questionnaires, and case studies.
• Apart from the offline mode, institutes like Jigsaw Academy are coming with online business analytics courses that can earn you a business analyst certification.

Business Analytics course

Some of the popular course on business analytics in India are listed in the table below:

Courses	Duration
MBA in Business Analytics	2 years
Postgraduate Programme in Business Analytics	1 year
Executive Programme in Business Analytics (EPBA)	6 to 12 months
Certificate in Business Analytics	1 month
Postgraduate Certificate in Predictive Business Analytics	10 months to 1 year
PGDM Programme with specialization in Analytics	2 years

 

Qualification required for becoming a Business Analyst?

The standard qualification is one should be a graduate. However, there are different eligibility criteria for different business analytics courses.

For example, for pursuing MBA in Business Analytics, you should hold a bachelor’s degree in any discipline from a recognized university with a minimum of 55% marks.

Salary Structure of a Business Analyst?

Business Analyst is a high-paying profession provided you have attained adequate qualification from a renowned college or university. 

The starting salary for a young professional in India is around Rs. 10 Lac to 12 Lac per annum. Still, as you gain experience, you will have a huge boost in salary where the average salary for experienced professionals sticks around Rs. 25 to 30 Lac.

Some of the companies hiring for the roles of business analyst professionals in India include Deloitte, Accenture, TCS, Barclays, Wipro, Infosys, Procter and Gamble, Citi Bank, Amazon, and American Express, to name a few.

Conclusion

Business Analytics is a technical course with a lot of space for advancement in the future. Working professionals who enrol in a business analytics course at one of India's top management schools are often offered six-figure salaries by some of the country's most prestigious companies. It is a viable career path, especially for those who enjoy problem-solving and data analysis.

Reference

https://www.northeastern.edu/graduate/blog/what-is-business-analytics/

https://www.simplilearn.com/tutorials/business-analysis-tutorial/how-to-become-a-business-analyst

https://engineerbabu.com/blog/business-analyst-role-and-responsibilities/

https://thefunctionalba.com/

https://www.mastersindatascience.org/careers/business-analyst/

https://www.upgrad.com/blog/best-business-analyst-courses-certifications/