Modern day companies are progressing in smarter ways to
achieve success. They are employing data- driven approaches to recognize the
demands of the common people and are setting necessary targets. To analyze the
large volumes of collected data, they are recruiting business analysts whose
sole job will be to help the company in adopting beneficial strategies. A
business analyst collects relevant data, stores and visualizes them, and extracts
meaningful trends and develops models to boost the productivity. The role of a
business analyst determines the success of a company. They are earning an
average salary of around $70,170 annually, according to Glassdoor. The job
opportunities in this career are plenty because many companies are switching to
data-driven marketing decisions to get sure profits.
If you find interest in decoding the facts from huge
chunks of data and finding solutions to business problems, then you can become
a productive business analyst. You should acquire certain skills to work in
this field.
1.
Good communication
skills-
This skill will be required because you
will have to effectively communicate your analysis, inference and suggestions to
a group of colleagues and business executives. You should be well- versed in
conducting meetings, having healthy discussions, good listening and sharing ideas
with your co-workers.
2.
Analytical skills-
You should have good analytical
skills to arrange the massive unlabeled data. You should be able to use the tools
like SQL database and cloud to extract useful trends and patterns in the data. You
will need this skill to understand the business processes of the company to its
core level.
3.
Technical skills-
As you will be dealing with a lot of
data, handling them is impossible without the use of IT. So, you should learn the
basics of computer science like MS Office Access, Outlook, Excel, PowerPoint
etc. You should know how to work with Windows. You should know at least one
programming language like Python or R which provides tools for statistical dataanalysis. A business analyst should be updated with recent revolutions in the IT
sector.
4.
Decision-making ability-
You must embody this quality in
yourself because your decisions will affect the company at all levels. You will
have to make strong and quick decisions after analyzing the data. You will
require critical thinking to solve complex problems. You will have to manage
projects and track their progress sincerely. So, you should be able to make judgmental
decisions.
Being
selected as a business analyst will be easier and more assured if you complete at
least one of the following degrees: Bachelor’s degree in business
administration, management, accounting, economics, computer science, data
science, business intelligence, information management and marketing analytics.
Some certificate courses can also be completed to make your resume attractive. CBAP
(Certified Business Analysis Professional) and CCBA (Certification of
Capability in Business Analysis) are the two recognized certificate courses which
would make you stand apart from other candidates. These courses will help you
to gain experience as a business analyst and will definitely help you to earn
more from the job.
Resource
box
Excelr is offering courses of Business Analytics Certification with placement which is
specifically designed to make your career in business analytics a successful
one. The educators are eminent professionals in this field and can help make
your concepts stronger. So, hurry up and join the course.
Comments
Post a Comment