Francisco Lopez

With what educational qualifications I can become a Business Analyst?

I need an urgent answer to decide my preference

by Francisco Lopez
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RE: With what educational qualifications I can become a Business Analyst?

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

Below are the educational qualifications required if you want to become a Business Analyst:

  • If you are looking to work in an IT company for the position of Business Analyst, you will be required to have a degree in engineering preferably in Computer Science or Information Technology. You can also have a degree in Electronics or Electrical Engineering as few companies allow that also. But nothing apart from these branches.
  • If you are keen to get in to Management Consulting, you need to have at least MBA in most cases. Some companies do hire from premier engineering colleges as well.
  • If you want to work in finance or banking sector, you need to have MBA in finance. But again, some companies do hire from premier engineering colleges as well.
  • If you have a degree in maths or statistics you can also be considered for this position across all the industries.
  • If you are looking to work abroad as a Business Analyst, you need to have statistics background in your education if you are not having an MBA degree.

RE: With what educational qualifications I can become 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 corporations reduce their opretaion 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 functional 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 Analysts are at the center of the most of these initiatives.


Required Skills or Personal Qualities:
Business Analysts 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 Draing
12. Analytical Skills
13. Problem Solving Skills
14. Decision-Making Skills
15. Negotiation and Persuasion Skills
16. Managerial Skills


Requirements to become a Business Analyst:
- Most employees 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
- Certifications such as "Certified Business Analysis Professional (CBAP)" and "Certification of Competency in Business Analysis (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 promising, with multinational giants often visiting leading international educational institutions to recuit promising students as Business Analyst. With the business anslysis qualification earned abroad and experience earned during your study tenure, you ca 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.


The various types of Analytics Jobs:
Anallytics jobs are of various types including Data Analytics, Web Analytics, MArketing Analytics, System Analytics, Analytics Consultant, Financial Analytics, Investment Analytics, Business Analytics and so on.


Further doubts or queries feel free to contact.

--
Regards,
Rahul.

RE: With what educational qualifications I can become a Business Analyst?

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