Jitendra singh Rathod

How can one progress in career in 5 years by becoming a Business Analyst?

I am confused , can you help me out

by Jitendra singh Rathod
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2 answers

RE: How can one progress in career in 5 years by becoming a Business Analyst?

Deepak Rana
Deepak Rana
Verified Career Expert
Author: Sky Beyond the Clouds
  • Kangra

As a Business Analyst, your career path in the next five years should progress in one of the following ways:

  • You can continue to work as Business Analyst in the same organization and subsequently move to the senior positions as you gain some experience. That way you can move to Consultant position in two-three years and then Senior Consultant in the next two-three years.
  • You can switch the organization and work in a higher profile or same profile there. This is one way of getting quick promotions but also involves frequently getting out of your comfort zone and accepting the changes in work style and culture.
  • You can go for an MBA (if you haven't got one),after getting good experience as a Business Analyst. The degree will help you grow in to senior positions quickly.
  • You can change the profile, if you are not satisfied with Business Analyst profile. You can move to the general consulting profile or anything according to your interest.
Therefore, where you will be after five years, it all depends on what kind of work do you like and where do you want to excel
.

RE: How can one progress in career in 5 years by becoming a Business Analyst?

Rahul Shinde
Rahul Shinde
Verified Career Expert
Career Consultant at Pinnacle School of Business Management
  • Thane

Hi,


Greeting's for the day!!!

In Today's fast-paced market scenario, the role of Business Analyst (BA) lends great value to an organization. - a BA is a generalist capable of functioning competently in diverse roles.

Outsourcing has become a mainstray in our global economy. Large corpoartions reduce their operation cost by seeking out the same work quality at lower costs. By outsoucring, a distance between business stakeholder and the programmer is created, creating the need for higher quality and more precise analysis, including creation of documents and functional specifications, has risen. With this equipment, an increasing demand for business anaysts can be witnessed in our information economy.

Added to this, in a competitive economic landscape, business bodies strive to improve their business processes and reduce costs - Business Analsysts are at the center of the most of these initiatives.


Required Skills or Personal Qualities:
Business Anslysts need to have following skills:
1. Communicating Details and Concepts
2. Technical Skills
3. Conceptual Modelling Skills
4. Curiosity
5. Decompsing the Abstract into Details
6. Communicating Risks
7. Mentoring and Coaching
8. Leveraging the "Parking Lot"
9. Change Management
10. Asking WHY?
11. Impromptu Whiteboard Drawing
12. Analytical Skills
13. Problem Solving Skills
14. Decision - Making Skills
15. Negotiation and Persuasion Skills
16. Managerial Skills


Requirements to get job as Business Analyst:
- Most employers require candidate to have Bachelor's Degree in Business Administration or a related field, but some prefer candidates with a Master's Degree.
- Certified Management Consultants (CMC) may have the best job prospects
- Certification such as "Certified Business Analysis Professional (CBAP) and "Certification of Competency in Business Analysis (CCBA)" woule be considered as an added advantage.


Career Prospects:
The 2006-2016 U.S. Bureau of Labor Statistics (BLS) report predicts BA's will be among the fastest growing IT Occupations, while Google, Infosys, Wipro and their like are constantly on the lookout for business analysis graduates with the acumen to undertake critical business projects.

Career prospects for this course are quite promising, with multinational gaints often visiting leading international educational institutions to recruit promising students as Business Analyst. With the business anslysis qualification earned abroad and experience earned durng your study tenure, you can start with a salary of about Rs. 4,20,000 and reach Rs. 15,00,000 or even more over the years, as you nurture your career.

With 5 Years of Work Experience, the Business Anslyst can serve Mid-Level Management Positions and earn around 7,00,000 to 8,00,000 per annum.


Further doubts or queries feel free to contact.


--
Regards,
Rahul.

RE: How can one progress in career in 5 years by becoming a Business Analyst?

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