As a business analyst, career options are almost limitless. Business analysts can find jobs in a wide variety of industries, including IT, healthcare, finance and manufacturing. Some are employed by private businesses or multi-national firms, while others work as independent consultants. According to the Bureau of Labor Statistics (BLS), the jobs for business analysts are projected to increase by 20 percent through 2016. This growth percentage is more than many other traditional jobs. Typically, business analysts analyze goals and procedures to identify problems and implement information-based solutions, business processes and organizational structure. Often, they act as the middle guy between IT and management. Specifically, a business analyst's goal is to reduce expenses or improve efficiency, increase productivity, maintain a competitive edge and develop strategies to improve efficiency and profits. Business analysis leverage their problem solving, IT and analytical skills to cultivate real-world technical solutions needed in today's complex global business environment.
There are multiple paths to a business analyst career. With a bachelor's degree in business, information systems, human resources or other related fields, many companies offer entry-level jobs for business analysts. Often, a new hire is required to take a course or attain a certification in business analysis by their new employer. It's the ideal way to gain new knowledge that can be used to transition to a higher level position. It is not uncommon for software developers to transition to the career of a business analyst. Many experienced software developers reach a level in their careers where they want a new challenge. With their experience in data mining skills, communications and in-depth knowledge of software development, software developers made good candidates for business analyst jobs.
However, taking a business analysis course and attaining a certification gives them an advantage when applying for business analyst jobs. There are also many other types of industry professionals that choose to change careers and become business analysts. With their specialized industry knowledge and a course in business analysis, they can stand out from the competition with an up-to-date skill set.
Those seeking to become business analysts can take a variety of programs. Novices can take a course program that takes four days to launch their careers. Many times, a course like this is a good stepping stone into the field. Students are given an introduction to business analysis, software development methodologies, business modeling and much more. A course like this generally also includes case studies and projects business analysis deliverables and traceability matrix. With a good program, assistance is also provided for resume preparation and tips for handling interview questions.
Existing business analysts can also take a course for an advanced certificate in business analysis. This course provides students with the management and technical skills need to integrate business processes and information technologies. It is designed to educate managers on how to effectively plan, designs and use communication technologies. Domain training is given for jobs in an array of industries, including healthcare, insurance, investment banking, retail banking and regulation and compliances. Taking a course in business analysis is the surefire way to both enter this new field and to advance one's career.
What Business Analysts Do and How to Become One With the Rig