How to Become a Business Analyst in 2022: Skills and Salary? - PowerPoint PPT Presentation

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How to Become a Business Analyst in 2022: Skills and Salary?

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A business analyst is the one who enables change in an organization by understanding and analyzing business problems. An Analyst delivers solutions that maximize profits and uplift the business. They help in minimizing the gap between IT and business teams by evaluating processes and determining the requirements. – PowerPoint PPT presentation

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Title: How to Become a Business Analyst in 2022: Skills and Salary?


1
How to Become a Business Analyst in 2022
Skills Salary
2
  • A business analyst is the one who enables change
    in an organization by understanding and analyzing
    business problems. An Analyst delivers solutions
    that maximize profits and uplift the business.
    They help in minimizing the gap between IT and
    business teams by evaluating processes and
    determining the requirements. They usually help
    in bringing in new solutions and creating cloud
    capability. They anticipate broader business
    challenges before they appear, and tend to be as
    comfortable in the boardroom as they are in the
    tech department. commerce course in Ahmedabad
    from Super 20 Training Institute, there is a wide
    scope of learning for Business Analysts.

3
  • The qualifications for business analyst positions
    vary depending on the Organization and analysts
    career goals. A bachelors degree is typically
    required for most business analyst positions.
    After B.com Course there lies a path to becoming
    a Business Analyst.

4
  • Business Analysis refers to understanding the
    changing business needs, evaluating the impact of
    these changes, identifying and analyzing
    requirements, documenting and facilitating
    communication among all the stakeholders
    involved.

5
  • Skills Required to Become a Business Analyst

6
  • Communication Skills Business Analysts use this
    skill in understanding client needs, explaining
    changes to management, and problem-solving with
    IT. Communication is the core of a business
    analysts day-to-day work. Thus, its important
    to boost up your spoken and written skills as you
    start out in your career.
  • Technical Skills Business analysts are
    comfortable in the world of IT. They understand
    the latest software, what it can do and any
    limitations it may be pertaining.
  • Analytical Skills Finding practical solutions to
    theoretical problems requires analysts to be
    deeply analytical. One part of the job is
    analyzing data, documents, user input surveys,
    and workflow. These activities are used for
    sharpening business practices.

7
  • Decision-Making Skills They are Responsible for
    the implementation of complex IT systems, and
    often make important decisions. Those who plan to
    pursue a business analyst career will have to
    assess complex situations, receive input from
    stakeholders and then promptly select a way to
    move forward.

8
  • Managerial Skills

9
  • Whether planning project scopes or directing
    staff, handling changes or forecasting budgets,
    Business analysts pave the way. They often employ
    project management skills.
  • There are at least four tiers of business
    analysis
  • Strategic planning identify the organizations
    business needs.
  • Business model analysis to define the
    organizations policies and market approaches.
  • Process design to standardize the organizations
    workflows.
  • Systems analysis the interpretation of business
    rules and requirements for technical systems.

10
  • Requirements of becoming a business analyst

11
  • A graduation degree is mandatory.
  • Knowledge and experience in writing SQL queries.
  • Working knowledge of Microsoft SQL Server, MySQL
    database, Oracle DB, and SQLite is crucial for
    commercial awareness.
  • Expert knowledge of programming languages.
  • Good communication and negotiation skills.
  • Creating interactive reports using various
    business intelligence tools.

12
  • The techniques used by business analysts

13
  • SWOT Analysis.
  • MOST Analysis.
  • PESTLE Analysis.
  • System Analysis.
  • Business Model Analysis.
  • Brainstorming.
  • Mind Mapping.
  • Process Design.

14
  • What Does a Business Analyst do?

15
  • Identifying opportunities for improvement in
    business operations
  • Prototyping and modelling products and processes
  • Designing or modifying business
  • IT systems
  • Solving business problems and designing technical
    solutions
  • Helping to test the system and create system
    documentation and user manuals
  • Facilitating workshops
  • Understanding when a system is out-of-date and
    organizing a replacement
  • Provide feedback on a software applications
    layout

16
  • Salary Structure

17
  • A business analyst earns an average annual salary
    of 7 lakh rupees. The salary packages for
    entry-level roles remain somewhere between Rs.
    3,50,000 5,00,000. At the entry-level in IT
    with less than 1-year experience is around Rs
    3,59,807 for Management and Business Analyst.
  • Your skills and work experience do play an
    important role in determining the salary you
    receive. Someone at an entry-level would not get
    paid the same as someone with 4-5 years of work
    experience. The location your workspace is
    situated also plays a significant role.

Average Salary 6.5 lakhs per annum
Entry Level/ Fresher 3.5-5 lakhs per annum
5-9 years 8-9 lakhs per annum
gt15 years 12-16 lakhs per annum
18
  • Types of Business Analyst Jobs

19
  • Business Process Analyst
  • IT Business Analyst
  • System Analyst
  • Usability or UX Analyst
  • Data Analyst

20
  • The Bottomline

21
  • The role of Business Analyst is very much in
    demand by a large range of companies across the
    world. They continue to recruit and hire analysts
    for smooth functioning and upliftment of
    Business. Some of the popular companies hiring
    for a business analyst position are CISCO,
    Capital One, American Express, WhatsApp, Google,
    Ernst Young Global Limited, Amazon, and Dell.
  • Article Source
  • https//thenewspublicist.com/how-to-become-a-busin
    ess-analyst-in-2022-skills-and-salary/

22
  • Super 20 Training Institute
  • www.s20.in
  • 91 7069 646028
  • Address
  • 205, Narayankrupa Square,
  • Opp. H K Commerce College,
  • Gandhigram Railway Crossing,
  • Ashram Road,
  • Ahmedabad 380009
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