Facts about BA

1. Job description / Job profile
Most commonly, we all are not aware of the technicalities of the role of a Business analyst in a company and therefore remain confused as in what exactly is the job profile of a Business Analyst. Talking of the scope of the term Business Analyst, if you take a look of the companies, you may find a wide variety of the jobs associated with it and every job has a title associated with it like System analyst, Modeler, Project Architect, Requirement engineers, Work flow analyst etc. Thus actually it depends on the firm / organization as in how the talent of the Business Analyst is being used.

Majorly the Business analysts work in the IT areas of the organization, however their talent can be utilized by the non-IT organizations when it comes to manage and provide the solution to the new business ideas and concepts through the technological paths.

The job description of the Business Analyst completely depends on the Role (as described) he is into. However some of the common things that are always required in the BA are:
      a. Collecting, understanding and transmitting the requirements / business objects carefully without missing minute details.
      b. The business analyst is involved in gathering the information by conducting market surveys, analyzing the tasks, and even while interacting with the stake holders. Thus the prime role also does include evaluating them and documenting the pros and cons.
      c. Translating the requirements / business objects in the understandable manner – analyze and document the same
      d. A client interaction is a must. Convincing the client and following up with the clients is equally important.
      e. To design as well as execute the use cases / test scenarios for the process / application that is to be developed.
      f. End to end knowledge of project development life cycle is very important. The Business analyst has a different role to play in the every phase of the development life cycle.
     g. Producing reports in a timely manner that shows the progress of the project, outstanding milestones, and status of the project, resource requirements, issues, risks and dependencies.
     h. The business analyst has to be sure as in the solution described or recommended by him is commercial yet competitive enough to make sure that the company stands tall in the market
     i. Understanding the technical aspects of the project as well as the logics behind the final outcome. Provide solutions wherever and whenever required.
     j. Very strong technical skills are required as the Business analyst has to work with the team of the skilled professional whom at times he has to specify the logics that are required to be used, create a business model. The Business analyst needs to know whether the given solution will be accommodated with the given technology
     k. The business analyst needs to have very strong technical skills coupled with the business intelligence and deep thinking & understanding of the customer needs. This is important because the Business analyst needs to transform the requirements from a layman into operational and application requirements.
     l. The business analyst is actually a mediator / bridge / interface between the business units, technical teams, support teams and the stake holders.

2. Experience
Experience is no bar when it comes to be a Business Analyst. As soon as you pass your graduation exam and you are a fresher in the IT sector, if given a chance, you can start developing analytical skill and start working as a trainee in this field.
However an experienced developer having extremely good analytical skills and equally good interaction and documentation skills can be considered for this profile.
Remember a Business analyst has to give multiple solutions to a single problem; even he has to sometimes identify unseen problems and provide solutions – thus analytical skills matter a lot.

As a Business Analyst always remember that you need to always explore the day to day market.

3. Qualifications
A certification in the field of Business analysis or a Masters (MBA or MS) in the same field is considered to be a mandatory requirement. However a person from a strong technical background in IT having good logics, programming and thinking skills is considered suitable. A good programmer who works independently and applies logics of his own can be also considered suitable for this post.
The job role of the Business analyst is definitely rewarding, exciting and challenging when it comes for the candidates seeking a middle management role.

4. Employer expectations

Firms prefer candidates with a good work experience in this field as Business analysts have a very fast career growth while moving up in the ladder of hierarchy.

Having good knowledge on newly introduced technologies is equally important for the Business Analyst because of the reason that he has to be a mediator / bridge / interface between the business units, technical teams, support teams and the stake holders.

Thinking out of the box while providing the solutions is something employers crave for in the Business Analyst.

The Business Analyst has to work independently thus he himself should be aware how and when he needs to carry forward the market / project surveys in order to plan and execute his strategies.

5. Job expectations
The job expectations are very high from a Business Analyst. He is considered to be a professional who is an expert in analyzing the business / process / market / requirements / enterprise as a whole / departments / functions. He has to make sure that the business models that are being implemented in the organization are in sync with that of the technologies being used or introduced. Since the duties of the Business analyst vary from industry to industry still he needs to posses majorly IT skills.
    a. Communication skills
Oral and written skills are very important for a business analyst. Since the business analyst has to work as a mediator between the stakeholders / management / client and the resources he needs to have good communicating skills so that he can understand the requirements and convey the same clearly minimizing the scope of miscommunication.

    b. Technical skills
To understand the requirements and business process the business analyst needs to be technically sound. He should posses the sound knowledge of the technology / language / platform being used to develop the project so that he is very well able to develop the engineering system concepts and models. The business analyst needs to be very well aware of the software development life cycle.

    c. Analytical skills
This is the most important of all the skills that are required. The business analyst should be able to analyst the functioning of the process and thus should be able to give the proper solution. The analytical skills include testing, modifying , compiling and executing skills. Thus the Business analyst needs to be aware of all these functions.

    d. Problem solving skills
There are numerous times when the project manager faces hurdles while delivering the product. The business analyst skills are used in making on-time deliveries – even if the whole project is not delivered at least the critical and important modules are delivered right on time. He uses his skills and suggests viable options for the same.

    e. Decision making skills
It is the job of the business analyst to take the process related decisions by consulting the top management and stake holders. The business analyst needs to be a keen observer who understands the corporate work culture and identifies the loop holes providing multiple solutions to single problems. He thinks strategically and then finds the solution.

    f. Managerial skills
The business analyst seeks for the middle management job, therefore most of the firms hire them as managers to handle the team of the skilled developers. Thus, he needs to possess the managerial skills with time management and should also know how to handle the matters personally and professionally.

    g. Negotiation skill & Persuasion skills
The business analysts also work with the pre-sales and sometimes sales team to fetch a project from the market. For this he should possess good negotiation skills, so that the revenue generated from the project seems profitable for the client as well as the company’s end. He has to at times pursue the client to agree on what he says as the same is beneficial for both the company as well as the client.

6. Business analyst Certifications
The Business Analyst certifications are offered by various organizations. The most important governing body is IIBA – International Institute of Business Analysis which provides a professional certification called CBAP – Certified Business Analyst Professional which is highly accredited. To claim this certificate you need to fulfill all the criteria published in the BABOK – Business Analysis Body of Knowledge.

Other certifications that can be done are CABA – Certified Associate Business Analyst and CSBA – Certified Software Business Analyst.

7. Salary in the market
The salary of the Business analyst ranges from company to company.
However as per the market standards:
o The entry level business analyst (0-5 years of experience) ranges from $20,000 – $50,000 annually
o A person with more than 8 years of experience can easily earn $130,000 annually and can seek up to 150,000 annually.