In: Economics
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Question:
Answer:
Business Analyst:
Business Analyst is person who helps the business in guiding businesses in improving processes, products, services, and software through data analysis. The main works of a business Analyst are to improving processes, products, services, and software through data analysis, analyze data, identify business opportunity, improving business process and making the business process more efficient. The business analyst, identify business needs and requirements then analyze it and design or modification of business systems and give solution.
Career as a Business Analyst:
There are wide scopes in the job market for the Business Analyst. You have numbers of opportunities in the corporate world. You can start a career with a small companies and get an opportunities to work with MNCs in your career. The 3 most popular job titles are - Financial Analyst, Management Analyst and Information Security Analyst.
Skills required for these job titles:
There are two types of skills are required in our professional life- hard skills and soft skills. If we talk about the above mentioned job titles then the required skills are following as-
For Financial Analyst job title you must have the knowledge of financial market, economics, business, communication skills, time management, decision making skills, problem solving, analytical skill etc. If we talk about the Management Analyst job title, you must have the following skills - Business knowledge, managerial skills, analytical skill, problem solving, interpersonal, communication, decision making, managerial skill, emotional intelligence etc. If we talk about the Information Security Analyst, you must have the following skills - Computer science, Creating, Modifying, and Updating Intrusion Detection Systems, networking, communication, analytical skill, problem solving, interpersonal, decision making etc.
We have seen above about the job responsibilities of a Business Analyst. The works of a Business Analyst are full of responsibilities and of a high level of required skills set. The Business Analyst can not work autonomously, they must have to work with his management and coordinate, communicate and support their management in decision making, problem solving, making business strategies. So, for these things a good communication and sound relationship are required between the Business Analyst and management or managers. So, definitely the managers treat the Business Analyst better and work together because they are interdependent and need of supports with each others.
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