2. What is Business Analysis?
Change is mandatory in this competitive world, as adapting to new technology to
competition is essential. Thus, every business has to identify the changes and the
with to have their hold in the market. That is the task that falls under business
Business analysis is a practice to determine changing business needs and apt
process that includes system development, improvement, management, and
A business analyst does all these tasks using various methodologies and helps
simple words, the business analyst's role is to identify and articulate the need for
Factors like current operations, budget, resources, and future goals get considered
designs a report, which is unique for every organization.
It is a significant task as the business growth and the company reputation depend
Hence, it is also an excellent career option with high-paying and promising job
3. Roles of Business Analyst
The business analysis goes through phases, and there are four levels that the analysts
levels are:
•Strategy Management: At this level, the business analyst plans and determines the strategies to
analyze the business elements. It is the most significant factor as these strategies decide whether the
final results are apt.
•Business Model Analysis: In this phase, the professionals analyze the existing business model,
checking where the system is lacking.
•Process Designing: At this level, the analysts design the processes they need to introduce into the
system to make necessary improvements.
•Technology Analysis: At this level, the business analyst responsibilities go through the technical
analysis to ensure the feasibility of the change. It is another crucial aspect that you should thoroughly
check.
4.
5. Key Responsibilities of a Business Analyst
Now you know all the roles of a business analyst. Let us understand the responsibilities that come
what a business analyst does, and if you resonate with them, you can plan your career in this
•Get all the information about the current processes that the business follows. The idea behind the process
analysis is to identify areas that need improvement.
•Dig in depth and research the market thoroughly to understand what other people in a similar domain are
doing. It will help you see where you are behind.
•Get up-to-date information and data related to the organization to create research-based plans for company
growth. The idea is to ensure the strategies that you prepare are well-researched and fact-based.
•Creating a presentation, providing details about the required improvements and how to execute them.
Moreover, the business analyst would present it in front of the board, staff, and every person directly involved
with the change.
•Organize staff training to ensure everyone is ready to adapt to the changes and incorporate them into the
system smoothly.
•They convince the stakeholders to nod yes to the changes and work with the senior management and other
professionals.
•Test the changes to ensure that strategies work fine and give the expected results.
6. Business Analyst Skills
The primary reason behind hiring BA with a certified course in their portfolio is their skill
technical knowledge, domain understanding, and excellent interpersonal skills to efficiently
in a project. Some of the skills required for business analyst work are listed below.
•The primary skills required by a business analyst are excellent analytical skills. The professionals need
the understanding to analyze essential factors and determine the areas that need change.
•These experts need to have a problem-solving approach, as they need to fix the defects and make
necessary changes to help the organization move towards growth.
•The interpersonal skills of business analysts should be excellent as they need to collaborate with many
professionals to bring about change.
•Understanding the business domain, management skills, and technical know-how is essential for every
business analyst. They have to have knowledge of every aspect to support their decisions.
•Change is essential and mandatory, but budget is always a factor of consideration. Hence, business
analysts should be able to do a proper cost-benefit analysis and make fair decisions.
•Understanding of tools and techniques that can help in business analysis and generate reports that
can give the right direction towards growth.
7. Business Analysis Vs Business Analytics
Business Analysis V/s Business Analytics. Though the two terms might sound similar, there are
business analysis and business analytics. The table below mentions these differences in a