What is a Typical Business Analyst Career Path
It is no wonder that data is everywhere these days; from complex formulas to simple numbers and calculations, data provides statistics and information to track the performance and sales in businesses of all sizes. The information gained from data can also be helpful to influence data-driven decisions and launch new products or services.
So, it is mandatory for businesses to carefully analyze, gather and put the data sets in proper use. This is where the role of a business analyst comes into the picture.
Before approaching any opportunity, one must do the prep work. In most cases, business analyst roles require a bachelor’s degree with a background in finance, accounts, IT/software, or data management.
The career path of a business analyst can go in different directions, but following a particular career path can be a rewarding move.
Let’s Learn About the Best Business Analyst Career Paths
IT Business Analyst
With the rapidly changing technologies and Big Data theories, Business Analysts’ role in IT is growing consistently. There is much more than just working with IT and software; business analysts have to focus on various aspects for developing impactful roles in business processes.
They usually get exposure to work on multiple operating systems at one time; they can easily multitask. If you’re interested in state-of-the-art technologies and optimizing corporate data, the IT Business Analyst post is definitely for you!
Data Business Analyst
Both business analysts and data analysts have similar responsibilities. There is just an imperceptible difference about what they exactly do with the data.
If you have a background in statistics, research skills, numbers, and programming, a data business analyst position is for you. These are the individuals who work with huge and complex data sets for developing charts, figures, identify recent trends, and generate visual presentations to help make efficient business decisions.
Data Analysis Scientist
This particular career path is a little challenging since the business data analysts have to draw out valid theories and meanings from the gathered data, simplify it for others, and use it to prepare productive insights.
If you believe that you can handle big data puzzles, collect relevant insights, and put together big data analytics pieces, you must choose this path. They need to have data science education, knowledge of machine learning, statistics, and competent skill sets to carry out necessary tasks.
Business Analyst Manager
A business cannot run without having an efficient and dedicated team; the same goes for business analysts’ work. There should be a team of organized and experienced analysts who can do a profound research, collect data, and develop strategies. Business Analyst Managers have the complete authorization of managing their team, measuring their performance, and take care of their education & coaching.
They seek talent and hire the best individuals to achieve desired organizational goals. Here are some of their major responsibilities:
Ensure that the processes are being followed
Improve decision-making processes
Keep close checks on evaluations and data-driven projections
Recruitment of the best talent
Quantitative Analyst
A quantitative data analyst has in-depth knowledge of statistics and mathematical models; they use a proactive approach to develop and implement structured models. They actively take part in financial decisions, product/service pricing, and risk management.
If you’re planning to choose this career, it will always be a plus if you hold these business analyst skills and qualities:
The ability to multitask
Adaptable to new technologies and techniques
Know how to identify new opportunities to improve business processes
Excellent negotiation skills with stakeholders
Efficient in bringing output improvements
With the intense business competition and rapid technological advancements, individuals who want to stand out can consider turning towards business analysts. It will always be a growing and flourishing career.
If you’ve made up your mind to pursue a career as a Business Analyst, SideSearch can help you with it. This anonymous job search platform can help you find a suitable job in the industry without making any strenuous efforts. You can map out any business analyst career path as per your skills and knowledge.