Business Analyst as a Career, Salary, Skills, Job Description

A Business Analyst is someone who enables change in an enterprise by defining needs and recommending solutions that deliver value to stakeholders. He helps enterprises in improving processes, products, services and software through data analysis.

Business Analyst’s Job Highlights

Degree Required Masters
Degree Field Business Analysis
Skills Required Communication, Technical, Analytical, Problem Solving, Decision Making, Managerial, Negotiation and Persuasion skills
Salary Avg- 7 to 8 lakhs annually

Business Analyst Education Qualifications

To be a Business Analyst, one must have completed his bachelor’s degree in business engineering. After completing a Bachelor's degree one can either gain work experience first and then do masters or certification in Business Analysis or can go the other way round. This is so because one must have good knowledge of Business and Software knowledge.
Top B-Schools in India for Masters in Business Analysis
Colleges Courses
IIM Ahmedabad ePGD in Advanced Business Analytics
IIM Bangalore Business Analytics and Intelligence
IIM Kolkata  Executive Programme in Business Analytics
Great Lakes Institute of Management, Chennai and Gurgaon Post Graduate Programme In Business Analysis
ISB Hyderabad Advanced Management Programme in Business Analytics
IIT Kharagpur  Post Graduate Diploma in Business Analytics
NMIMS, Mumbai PGDM in Business Analytics

What type of skills are required for Business Analyst?

A business Analyst needs to be a good communicator, since they spend a lot of time interacting with clients, users, management and developers. Besides this, they should also have excellent technical knowledge to know what type of technology applications are being used in the business. They should also be analytical so that they can analyse customer’s needs and the change required in the business. They should also have problem solving skills, decision making skills and managerial skills in order to successfully manage the projects assigned.

Other courses you can opt for Business Analyst.

Besides going for masters, one can always choose to opt various certification courses In Business Analysis in order to enhance or gain the required skill set.
  1. IIBA Entry Certificate in Business Analysis
  2. IIBA Certification Of Competency in Business Analysis
  3. IIBA Certified Business Analysis Professional
  4. IIBA Agile Analysis Certification
  5. IQBBA Certified Foundation Level Business Analyst 
  6. IREB Certified Professional for Requirements Engineering 
  7. PMI-Professional in Business Analysis Certification

Business Analyst’s Job Profiles

  1. IT Business Analyst- This role is the bridge between business and IT. The IT Business analyst is a professional who is concerned with requirements analysis and solving problems through information technology.
  1. Business Analyst Manager- They determine operational objectives, manage project analysts and other staff, write schedules and find ways for cost reduction.
  1. Quantitative Analyst- He is a specialist who applies mathematical and statistical methods to financial and risk management problems. They develop and implement models to deal with financial and business decisions like investing, pricing etc.
  1. Data Business Analyst- Data Analyst collects data, finds useful information from it, and transforms their findings into useful results for the enterprises.

Business Analyst Salary

The Average Salary of Business Analysts in India is around 7 to 8 lakhs per year. However depending upon the position and year of expertise the annual salary may rise upto 20 lakhs.

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