Business Analyst Job Requirements

A business analyst is a professional who works in association with the Finance, Operations and Sales Support team of an organization in order to undertake various important responsibilities such as revenue forecasting, ad hoc analysis and supporting, and sales support. The professional should be expert at efficiently fulfilling and managing the customer orders.

Business Analyst As A Career Path

The employment rate of the business analysts is expected to grow 22 percent in the coming five to eight years i.e. within 2020. The business analysts are an important asset for each and every organization because they find out ways as how to reduce the costs and increase the revenues of an organization.

The job functions of a business analyst are:

  • Developing user requirements and test scripts for various projects.
  • Maintaining documentations of various ongoing project processes.
  • Managing the financial aspects of whole project life cycle up to completion.
  • Working with the production support team to ensure data integrity.

Required Educational Profile For A Business Analyst

The required educational qualifications for a business analyst are:

  • Master degree or Bachelor degree in Business Administration, Finance, Accounting or any related subject.
  • Any certification course relating to business and finance would be more helpful.

Core Competencies Required For A Business Analyst

Professional Skills

  • Good technical knowledge of OLAP ad query tools such as Business Objects, SQL etc.
  • Working experience of relating database design.
  • An in-depth understanding of Mutual funds, Investment management business and other related business aspects.
  • Good understanding of data process flows.
  • Advanced knowledge of Microsoft Excel and Microsoft Access.

Personal Skills

  • Strong customer service skills.
  • Ability to be flexible with the changing business priorities.
  • Strong time management skills and organizational skills.
  • Ability to multitask in a fast paced environment.
  • Strong analytical and problem solving skills.
  • Ability to communicate well with all levels of the organization.

Posted in Job Requirements