Are you an aspiring Business Analyst but are confused if you have the relevant skills or not? Worry not, we have all been there and somehow have figured things out. This blog is curated for all the people out there who want to get trained in this field but do not know where and how to start the learning process.

Business Analysis is all about figuring out the needs and requirements of a business and using this information to provide solutions to any problem a business is facing. A business analyst is required to gather the requirements, document it and identify the needs of a business. All the techniques and strategies are decided by the analyst.

What a typical day looks like in a business analyst’s life-

-: Gathering the business requirements
-: Creating a detailed analysis report
-: Looking out for business solutions
-: Carrying out budgeting and forecasting
-: Speaking to clients and writing their needs
-: Pricing and reporting

Benefits of Business Analysis Training

Training plays an important role in the job market these days as it prepares you better for the job. You learn from masters who have extensive knowledge of the subject and you are made to learn the concepts that will be required in your real job. It basically prepares you for the job and how to get that job in the first place.

1. You will be able to drive better business decisions- you will be able to enhance your data interpretation and analysis skills. You will know how to carry out the different technical analysis like predictive analysis or quantitative analysis.

2. You will understand the business analysis tools- You will learn a lot about various tools and software used in a Business analysis like MS-Excel, Mindmeister, MS Visio, Trello, Jira, LucidChart, Balsamiq, Kissmetrics and more.

3. You will be given preference in the job market- If you have a decent training in business analysis, you will attract better companies and great job offers because training validates your skill set and makes you a better candidate.

4. You will be offered the industry’s best salary- When you have the relevant skills and have knowledge of all the tools that are required for the job, getting a higher pay will not be a big deal and you can easily land one.

Skills Required to Become a Business Analyst

You will be needing some basic Business Analyst skills that will help you become better through the training process. Mentioned below are those skills that will be expected from you before you start the training process.

NOTE:- These are not all of these skills that are required to become a successful business analyst. You will learn the remaining skills gradually over the course of your training.

Core skills-

1. Communication skills- As a business analyst, you will have to speak to your clients to understand their requirements and document them properly. You will then have to deliver these requirements to your entire team to start working on the projects. Either way, communication will play an essential role in this job as you need to be able to understand what’s being told to you and also being able to communicate with other people. So, start working on your written and verbal communication skills.

2. Problem-solving skills- Now, if you think about it, your job is mainly about having to solve business problems and coming up with appropriate solutions in favor of the well being of the business. Therefore, it is a necessity that your problem-solving skills are up to the mark and you are able to face all the challenges and come out stronger.

3. Critical thinking skills- There will come a lot of times where you will be faced with many options and you have evaluated each one of it and present a solution. You have to understand the clients’ needs, ask lots of questions until the real need is surfaced and understood properly. You must have a quick-thinking process so that you come up with effective and efficient solutions in less time.

4. Analytical skills- It does not require a lot of explanation and as the name of this skill quite speaks for itself. A business analyst without analytical skills is nothing but just another employee trying to fit in the company. To gather and understand the requirements, it is necessary that you have excellent analytical skills and are able to apply this skill to your job.

Business Analyst Technical Skills

1. MS-Excel- It is a skill that will always top the list no matter what. It is a basic requirement of any job field these days and you are given preference if you are good at it. As a business analyst, you should be aware of the different functions and formulas Lookup, advanced if and then, financial formulas, etc. You should be able to draw insights from visual graphs and make a detailed report through it.

2. Programming- While it is not a necessity to be an excellent programmer, it is still required that you have basic knowledge of coding and have a flare to learn more about it. If you want to boost your business analysis career then you must learn R, Python or Tableau as it will help a lot in the data analysis tasks and will give you more preference in the job market.

Wrapping up…

Business analysts are given the opportunity to move forward as technology does. analysts need to be keenly aware of the change and patterns now that the business is getting more and more dependent on digital advancements. Skills like analytical thinking, creativity, analysis, teamwork, emotional intelligence, etc. combined with technical knowledge and practicality, will help the role of business analyst evolve.

Training will help you boost your knowledge and confidence. Getting trained is the best decision if you are an aspiring BA as it will help you prepare for the job in the most practical and efficient manner and will give you hands-on experience. Business analysts are in high demand and it is likely to increase in the future.and if you have the right skills and experience, you can expect to do good in the future as well.