Tanya Nayyar

How many companies are present in India who hire Business Analysts?

I am confused , can you help me out

by Tanya Nayyar
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2 answers

RE: How many companies are present in India who hire Business Analysts?

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

There are large number of companies in India that hire for the positions of business analysts. These companies are from different industries and give you the opportunity of working in diverse environments. Below provided points will help you about the information regarding those companies and how can you enter them:


1. The first is the information technology sector companies that hire business analysts. These are the software companies that provide IT solutions to their clients in India and even abroad. In fact most of their clients are in USA. The criteria to enter these companies is to have at least an engineering degree preferably in the IT or Computer Engineering branch, though those who belong to other branches also get hired. The work in such cases is mostly on the software that you learn during the training period. The salaries are decent and you enjoy healthy work life balance too. You also get the opportunities to visit the on site and meet the clients.

2. The second is the consulting space where the recent growth has been extra ordinary. The business analysts hired for consulting space are usually divided in to various sectors. Those who get hired for technology sectors are usually from the engineering colleges while those who are in to management consulting are hired from business schools having an MBA degree. Similarly for other industries too. But recently most companies are only focusing on either engineers or MBA graduates to hire for business analyst positions as they have good analytical skills and are suitable for the job. The salaries in this sector are hefty and among the best.

3. The third is the generalized space where business analysts get hired in all types of companies. There are not as many positions as in the earlier two cases but a number of people do get hired in all these companies too. They are usually the professionals with some work experience. Freshers rarely get hired & in such companies but then the salaries are again hefty too.

RE: How many companies are present in India who hire Business Analysts?

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 Anslyst (BA) lends great value to an organization. - a BA is a genralist capable of functioning competently in diverse roles.

Outsourcing has become a mainstray in our global economy. Large corporations reduce their operation cost by seeking out the same work quality at lower costs. By outsourcing, 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 fucntional specifications, has risen. With this equipment, an increasing demand for business analysts 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 anslsysts are at the center of most of these initiatives.


Required Skills or Personal Qualities:
Business Anslysts needs to have:
1. Communicating Details and Concepts
2. Technical Skills
3. Conceptual Modelling Skills
4. Curiosity
5. Decomposing the Abstract into Details
6. Mentoring and Coaching
7. Communicating Risks
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 requires candidates to have Bachelor's Degree in Business Administration or a related field, but some prefer candiadates with Master's Degree.
- Certified Management Consultant (CMC) may have the best job prospects.
- Certifications such as "Certified Business Anslysis Professional (CBAP)" and "Certification of Competentcy in Business Anslysis (CCBA)" would 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 promosing, with multinational gaints often visiting leading international educational institutions to recruit promising students as Business Anslyst. With the business anslysis qualification earned abroad and experience earned during 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.


Top companies who hire Business Analyst:
Business Anslyst is hired by almost all multi nationals. Some of them are:
1. Accenture
2. McKinsey
3. Credit Suisse
4. Google
5. Flipkart
6. Infosys
7. Wipro
8. Rinalytics Advisors Private Limited
9. Michael Page International
10. Recruise India Consulting
11. AnalyticsPeepal
12. Pylon Management Consulting
13. Peritus Consulting.


Further doubts or queries feel free to contact.


--
Regards,
Rahul.

RE: How many companies are present in India who hire Business Analysts?

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