According to the Bureau of Labor Statistics, the business analyst job outlook is expected to grow faster than average at 15 percent. This makes it one of the fastest growing professions of current times. Great news for those interested in learning how to be a business analyst.
When learning how to be a business analyst, in order to be a suitable candidate for this profession, it’s important to have the right set of transferable skills and relevant education.
A BA generally acts as a bridge between the management and IT department. The specific responsibilities of a BA may vary from one company to another. However, these responsibilities definitely entail the analysis of organizational procedures, goals, structure and of course business processes.
The BAs then work on finding out information-based solutions for the potential problems identified. One of the good things about learning how to be a business analyst is that you can enjoy picking from a vast range of career options. You can either choose to work as a freelancer, i.e. independently or get absorbed into a private firm or even a multinational corporation.
For College Students
The path of knowing how to be a business analyst is different for each individual because they do not have the same past experience and their current circumstances aren’t the same. Therefore, you need to work on finding out a path that would be best suited for you. First things first, for those who are about to choose their career paths, it’s important to receive the right education.
You can start out by pursuing a Bachelor’s degree program suited for the career you wish to pursue such as accounting & finance, investment management, IT, business administration and so on. After receiving the Bachelor’s degree it is advisable to go for an MBA or Master of Business Administration degree. After obtaining the appropriate degrees, to increase your knowledge on the profession, seeking certification from a variety of programs related to this career is also a great idea.
For Working Professionals
For mid-career professionals, there is no need to fret because most of the working professionals already qualify for a subset of business analyst jobs. Simply use the experience you’ve gain in the industry you’re already in to seek employment as a business analyst. If you want to upgrade your knowledge then you should enroll yourself for relevant professional development training programs or short-term courses so as to receive business analyst certification. Such courses or training programs will help you hone your skills and improve your knowledge, thereby giving you a competitive advantage over other job seekers.
Next, you need to work on identifying your transferable skills, as mentioned earlier, in addition to finding unique qualification from your career background. Transferable skills are basically skills related to business analytics techniques that you have used in a non-BA role. By identifying your transferable skills you will be able to identify opportunities suitable for you within a particular sector of business analysis. So, you should take a good look at the elements of your career history in order to find out the skills that would leverage you into the business analyst field successfully.
The next step is the most exciting part, i.e. to actually transition to the BA field. If you wish to continue in the firm you’re currently working in then you should speak to your manager and request for opportunities that would allow you to practice business analyst techniques. If you wish to have a change in your career then you can circulate your resume to recruiters or companies looking to hire business analysts. There are very high chances of being able to find a suitable opportunity because some of the transferable skills of mid-career professionals are extremely marketable and they provide a guaranteed entry into the business analyst role.