A business analyst is a specialist who identifies a company’s weaknesses and eliminates detected problems using modern digital technology and software tools. He acts as a link between the company management, including management, and narrow specialists in the form of programmers.
A good business analyst must have the following set of knowledge, skills, and abilities:
- Fundamentals of macroeconomics and microeconomics, as well as the functioning of the organization, taking into account industry specifics.
- Management and human resources.
- Legislation regulating the activities of the facilities.
- System analysis and business planning.
- Fundamentals of programming and working with databases.
This list is not exhaustive. It includes only the basic requirements for a business analyst. But even this is enough to understand how serious a level of training is required to effectively perform the job duties. In this article, we will tell you about the main qualities that a good business analyst should have. We will also draw your attention to various aspects of this profession.
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Who does a business analyst work with?
A business analyst is a person who organizes the joint work of IT and the business department and coordinates their activities.
How is a business analyst different from other similar professions?
It may seem like all business analysts do the same thing. Yes, they all study the workings of the customer’s organization and suggest ways to achieve business goals. But they all do it in different ways. For example, by reallocating responsibilities within the team, changing business processes, outsourcing work, etc.
What does a business analyst’s job look like?
Most of a business analyst’s time is spent communicating with the team to convey customer requirements, talk through project options, answer existing questions, and gather new ones. Also, the business analyst very often has to communicate with clients in order to fix agreements and prioritize areas of focus. Also, business analysts deal with a lot of paperwork, and you have to be prepared for that.
What are the main requirements of companies for business analysts?
More often than not, this position requires candidates with an education. But this education can vary. Business analysts can be mathematicians, economists, programmers, etc. Some work experience in analyzing or describing business processes is also desirable (but not required).
As for the skills and knowledge, they depend very much on the area for which you are looking for a business analyst. For example, in order to work with the company strategy, the business analyst should have a good command of methodological tools of goal visualization.
The business analyst must be able to work with typical notations. The ideal candidate should be able to use business intelligence tools. For example, Microsoft Visio or any other.