Who is a Business Analyst in 2021? | Roles and Responsibilities

Who exactly a Business Analyst is?

A business analyst is a professional, who is responsible for bridging the gap between IT and business teams. They use analytics to evaluate processes determine requirements deliver data-driven solutions and generate reports to executives and stakeholders business analyst is an individual who is a part of the business operation and works closely with the technology team to improve the quality of the services being delivered they also help in assisting in integration and testing of new solutions growing a career in a field with high demand such as business analysis could be a challenge and competition for business analyst positions can be intense so you should have a clear understanding of the roles and responsibilities of a business analyst a ba should successfully identify and recognize the organization's business objective they should understand the business problems and think of a lucrative business solution they need to understand and collect the business requirements from clients and allocate the right resources and improve the existing business documentation of business findings is another important key role of a business bas interact with the development team to design the solution for solving a particular problem they often need to spend a certain amount of time in meetings in order to save the development team from spending their time and understanding the stakeholders requirement they often give feedback on the layout of a software application as to what all features need to be added and what functionalities should the application contain and also implement the newly designed features that a business needs while bas identify the needs define the features right use cases uncover business rules and manage issues they should also gauge the functional and non-functional requirements in a business business analysts run meeting with stakeholders and other authorities hence discussing issues with the client face-to-face can do wonders and even help in solving problems quickly they engage with business leaders and users to understand how data-driven changes to products services software and hardware can improve efficiency and add value they verify and validate if the project is running well with the help of user acceptance testing and the solutions are in line with the client's requirements they also ensure that the product delivered satisfies the user requirements finally bas write documentations and build visualizations to explain all the findings and draw business insights they also deliver maintenance reports they need to develop informative coherent and usable documents for the success of a project business analyst skills are a combination of technical as well as non-technical skills often referred to as soft skills the skills for a business analyst are not only acquired through training but through experience and combined with the ability to understand situations and the motive behind the problem so let's have a look at the top skills to become a successful business analyst first and foremost you need to have a degree in the related field you can apply for entry level business analyst positions right out of college after earning a bachelor's degree in accounting information systems human resources or another related field bas should have outstanding analytical skills so that a customer's business needs are properly interpreted and translated into application and operational requirements it is important for a ba to find ways to quickly resolve problems bas should find multiple ways to address each challenge they should be able to demonstrate that they have identified various options and explored the most viable ones hence thinking logically will ensure a project's successful completion microsoft excel is one of the most widely used powerful analytics and reporting tools by bas for working with tabular data base create different charts and graphs to generate dynamic reports related to a problem they create revenue growth models calculate customer discounts based on products purchased create weekly plans and checklists bas also manipulate data using different functions and find trends in the data a business analyst is an intermediary between variety of people with various types of personalities such as developers clients and senior management having the ability to balance those individual expectations with what the business actually needs requires professional persuasion and negotiation you should be able to achieve a profitable outcome for your company while finding a solution for the client that makes them happy good knowledge of sql and relational databases is required for bas to access retrieve manipulate and analyze data bas often work with data that is structured and is stored in the form of rows and columns so they should have a working knowledge of microsoft sql server oracle db mysql database and sqlite bas need to write complex queries sql scripts and stored procedures to understand the data better knowledge of programming languages such as r and python is a prerequisite business analysts should have a good hands-on programming experience for solving complex problems and performing faster analysis of data using these programming languages you can analyze and visualize large data sets and create predictive models for making business decisions python and r have a rich set of libraries for data wrangling data visualization and data modeling some of them are numpy pandas d playart idr cyclone and carrit data visualization is another key skill a business analyst should possess bas should be proficient in using various business intelligence tools for creating reports and dashboards they build several types of reports such as crosstab report column report query report data entry report etc hence knowledge of tableau click view and power bi is needed for creating visualizations forecasting data and making decisions business analysts spend a significant amount of time interacting with clients stakeholders developers as well as end users therefore being an effective communicator is key business analysts use verbal and written communication to convey ideas concepts facts and opinions to a variety of stakeholders they should also be good at presentation skills for conveying the results and findings of a problem now here is a quick roadmap that depicts what a fresher needs to possess to become a business analyst first they need to have a graduation degree in a related field then knowledge of sql and relational database is very important thirdly a fresher should have good hands-on experience with programming languages and that's a prerequisite and finally they need to have good communication skills to nail the role of a business analyst up next we have the roadmap that depicts what an experienced professional needs to possess to become a business analyst firstly they should have good knowledge of the domain they are currently working in next they should know how to write sql queries an experienced professional should be good with programming languages in addition to that they need to have good communication and negotiation skills finally they should be good at creating interactive reports using business intelligence tools in addition to that having a certification offered by international institute of business analysis such as certified business analysis professional would be highly beneficial with that let's jump into understanding the salary structure of a business across different countries according to pay scale the average salary of a ba in the united states is around sixty eight thousand nine hundred and ninety dollars again according to pay skill in india a ba can earn nearly six lakh rupees per annum a ba can expect an average salary of thirty five thousand six ninety pounds in the united kingdom according to pay scale and finally again according to pay scale in australia a ba can earn around eighty one thousand seven seventy four australian dollars finally let's have a look at some of the companies hiring for bas first we have the networking giant cisco then we have the american financial corporations capital one and american express next we have the social media messaging app whatsapp search engine giant google and services network company ernest and young global limited finally in our list of companies we have the e-commerce leader amazon and dell that brings us to the end of this video on how to become a business we hope you have found this informative and helpful if you enjoyed this video please like and share it and don't forget to subscribe to the simply learn channel thank you for watching and stay tuned for more from simply learn [Music] hi there if you like this video subscribe to the simply learn youtube and click here to watch similar videos turn it up and get certified click here