Arpita Shetty

I am currently working as a Business Analyst. If I want to diversify my career, what will be the right options for me?

I am confused , can you help me out

by Arpita Shetty
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RE: I am currently working as a Business Analyst. If I want to diversify my career, what will be the right options for me?

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

There are plenty of options for you if you want to diversify your career as a business analyst:



1. Higher studies: You can either go for an MBA or MS in various fields such as supply chain, information management, general management, economics, finance etc based on your interest and your area of expertise. If you decide to go for higher studies, it will add another dimension to your knowledge and thought process that would be extremely helpful in the long terms.






2. Shifting the industry: You can either shift your industry while working in same company or you can quit the organization in order to go for a different industry. Usually Business Analysts stay with the same company. That is because every company varies under various verticals and therefore has enough opportunities if one wants to shift the industry.




3. Change the profile: This again can be done in two ways - either by changing your organization or staying in the same one. In this case however opposite is true. It is difficult to shift the profile in the same company and thus many people change their jobs. Changing the profile should be done carefully as it may affect your resume in the long terms.




4. Staying in same profile: If you are keen to work in the same company and same profile but want to diversify your career, you will have to take the initiatives of participating in various technical and management practices. Spend a lot of time learning new things and interacting with new people. Do not limit yourself. That way you will be able to explore additional opportunities and will be able to diversify in a much better way.






Hope the information was helpful. If you are working as a business analyst, you are most likely working in a consulting organization. Diversity is valued a lot in such organizations. Therefore, pay a lot of attention to build diversified set of skills.

RE: I am currently working as a Business Analyst. If I want to diversify my career, what will be the right options for me?

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 fuctioning 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 Anslysts 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. Decompsing 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. Anslytical Skills
13. Problem Solving Skills
14. Decision - Making Skills
15. Negotiation and Persuasion Skills
16. Managerial Skills.


Requirements o get job as Business Anslysts:
- 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 Consultant (CMC) may ahve the best job prospects.
- Certification Courses such as "Certified Business Anslysis Professional (CBAP)" and "Certification of Comptency in Business Anslysis (CCBA)" would be considered as an added advantage.


Job 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 anslysis 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 Analysts. With the Business Analysis qualifiaction 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 nurture you career.


The various types of Analytics Jobs:
Analytics jobs are of various types including Data Analytics, Web Analytics, Marketing Analytics, System Anslytics, Anslytics Consultant, Financial Analytics, Investment Ansytics, Business anslytics and so on. So you can diversify your job to following roles.


Further doubts or queries feel free to contact.

--
Regards,
Rahul.

RE: I am currently working as a Business Analyst. If I want to diversify my career, what will be the right options for me?

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