How to Become a Business Analyst?

How To Give Your Business Analyst Job Search A Boost

Looking for a new business analyst job or a new business analyst career is not particularly exciting. It’s even less exciting when you are transitioning from a university or a different career into a field like Business Analysis. However, the flip side of this is that when you do land that new business analyst job, you’ll be on your way to an exciting new career, more personal growth and fulfillment and hopefully a lot more income too. Whether you are a seasoned business analyst looking for a new and exciting position, or you have a newly minted business analyst education, you will need a lot of focus and preparation to get yourself the job and salary you want. The key is to give the right impression, shine the spotlight on your business analyst skills and convince the recruiters and that you’re the right person for the job.

Your Cover Letter Is Key To Landing The Next Business Analyst Job

The cover letter you include with your resume is the first thing about you that will be read, noticed and analyzed by potential recruiters, employers and hiring managers.
Some job seekers assume that their job search starts with their resume or the business analyst job interview. Boy, are they so wrong! The process of actively soliciting a business analyst job actually starts with the cover letter and here is why:

Before you are scheduled for an interview or have your resume read by a hiring manager, the cover letter attached to your resume has to be read first. Whether you send in your resume by email, fax or snail mail, you have to include a cover letter with your job solicitation or application.
Now human resource departments receive a good number of resumes for any business analyst job position that they post and because of it, they will review your cover letter and only proceed to read the rest of your resume if your cover letter draws them in. This is exactly the reason why you must prepare a really good cover letter for your next business analyst job search.
The way hiring managers or staffing firms handle business analyst job seekers is similar to the way you search for information on the internet.

Typically when you search for information on the internet, you end your information search as soon as you find a high quality site that provides all the answers you are looking for. You will probably quickly narrow your focus to a few websites out of the several websites listed on the search results page. Now, picture a potential employer sifting through a pile of resumes in their inbox or mail folder. They will quickly also select few resumes out of the pile of resumes available based on the cover letter attached to the resume.

So, do not make the mistake of neglecting your cover letter or focusing all of your attention on your resume, give it the attention it deserves!

Use a Cover Letter to Overcome Hiring Objections

Using a cover letter presents you with an opportunity to set yourself apart from the other candidates who may have similar business analyst training and education. If you have no previous experience, your cover letter is your chance to give the manager the rationale to consider you for the job anyway. In your cover letter you can focus on your most attractive qualities that would otherwise have gotten lost in the many points on your resume. Your cover letter is your chance to maximize that favorable first impression. Now that you know just how important your cover letter is to landing your next business analyst job, you also know that the days of writing one cover letter and reusing it for every business you apply are gone.

Get Started Writing Your Winning Cover Letter

When writing your cover letter closely examine the job description for the business analyst position that you are applying for. Note the business analyst skills that are required for the job and the role and responsibilities. Compare your training and past business analysis experience with the skills that the job requires. You’ll need to note every area that you are a fit for the job in the body of your letter.Next, start your letter by introducing yourself to the company. Your introduction should only include items of interest to the company.

If the job does not call for Joint Application Development skills, do not waste space by mentioning the fact that you have spent the last three years facilitating JAD sessions. Irrelevant facts will only distract the manager or recruiter from the reasons why you are great for the job. Finally in your introduction mention the name of the person who referred you to the company or any connections you have to the company.

Get the Attention of the Hiring Manager

How do you get noticed from a cover letter? The answer is getting the hiring managers attention right from the beginning of your cover letter The introduction of your cover letter should be concentrated on grabbing attention in order to interest the reader into reading the letter through to completion.

In the introduction you can tell of how you became interested in the business analysis industry, any formal experiences you may have in gathering business requirements, your successes, and your passion for being a business analyst. Then get into some of your previous business analyst projects and the results of the projects. Continue on by filling in the details about the business analyst skills you have mastered and the experience that makes you the better choice for the position. Accentuate how those learned skills will help the company to accomplish its objective of requirements gathering.

Finish Off with Great Grammar, Spelling and Style

When writing your cover letter stay close to the straight and narrow path in formatting the letter. Use normal business conventions in the opening paragraph, when addressing the position, and in the closing paragraph of your letter. This will apply to cover letters that you send using email or job boards as well. Be courteous and business-like. Formality will not take away from you if you have something interesting to say. Keep the letter short by being focused and getting straight to the point. The entire letter should not be more than four paragraphs. Avoid starting out with “to whom it may concern.” If possible, you should try to get the name of the person to address your letter to. Do not use slang, cute phrases, emoticons or graphics. Make sure your spelling and grammar are correct. Use a spell-checker and if possible, get a friend or mentor to proof-read the letter before you send it out. Finally, remember that your cover letter can be an excellent tool to help you get the right business analyst job. It is an opportunity to connect with and capture the recruiter’s attention, tell your professional story and stand out from the crowd. It will take hard work to create the right letter, but it will all be worth it in the end.

How to Become a Business Analyst?

There is a burgeoning demand of professionals who can effectively recognize business requirements, devise solutions and execute plans that help businesses in accomplishing their goals. Known as ‘Business analysts’, such people work in a diversified range of industries across various job profiles. The business analyst job has become synonyms with IT specialists. As an analyst, you act as a viable link between business needs and the technology which is employed in the company.

Nowadays, the scope of business is very wide. You can work with the independent firm, where you need to use your expertise on particular projects, or you can work within a particular industry, like transport or banking.

Business analyst job requirements-

While it is not an exhaustive list, but an analyst would be expected to do the following tasks-

1= He needs to maintain cordial relations with clients
2= He has to make sure that all projects are following the deadline
3= He needs to develop and present ideas to the management
4= He imparts training to technical staff

Requisite qualifications

There are no particular qualifications required to get a business analyst job, although, a bachelor degree is required for the entry-level business analyst position. Usually, top-notch companies prefer to hire candidates who have a degree in business administration. A prior experience would be an added benefit. These analysts come from different educational backgrounds. An IT background can be beneficial in certain areas.

Required skills and traits

In order to find a lucrative business analyst job, a person should possess strong technical knowledge along with communication skills. Apart from these, you should have the following traits-

1= Negotiation skills
2= Managerial ability
3= Persuasion skills
4= Analytic
5= Team building ability
6= Strategic thinking

Career prospects

As there is a high demand of analysts in industries for improving business performance, employment of these professionals is likely to increase in a near future. The majority of jobs exists with big consultancy firms and you can also explore opportunities in large companies. Business analysts, backed with expertise and educational qualification, are set to enjoy flourishing career prospects. These analysts are required in almost all industrial sectors, including pharmaceutical, banking, telecommunication, insurance, etc.

Some of the popular job profiles exist in this domain are-

1= Data Analyst
2= Systems Analyst
3= Business Architect
4= Business Consultant
5= Business Process Analyst
6= Requirements Analyst

How much can you expect to earn?

In the past few years, the salary packages of business analyst have sky rocketed. The salary package would depend on a diversified range of factors, including location, company and experience. If you are working with a leading company, then you can easily earn Rs 50,000-80,000/month. Experienced professionals with advanced degree & qualifications can even earn Rs 1 lakh/annum. The IT analyst earns perks also.

Some of the top companies offering analyst jobs in India are-

1= Infosys
2= Wipro
3= IBM
4= Microsoft
5= Google India
6= RCOM
7= Accenture
8= HCL Tech
9= L&T
10= Deloitte

Best Tips Ever To Negotiate Your Salary

With worsening economic situations negotiating for high salaries is going to be much tougher than ever. These days companies know that it is very difficult to find jobs and due to this factor they know that they can extract more from the employees. Now all this things seems to be very negative, but this do not mean one cannot negotiate for a better salary. The following are the best tips one should take care of when negotiating salary.

Work hard and keep learning

Hard work never leaves you in a desperate state. Apart from being a hard worker one should also be a smart worker these days to achieve things. One should work in a way that the company should feel their presence. The company should know that it is nearly impossible to replace you. And also the modern technologies keeps changing therefore, one should also learn and be ready to learn new things on a regular basis.

How valuable are you?

You should always bring something to the table in your work place. An employee who seldom does only the given work can be easily replaceable. One should work in a way that he brings some positive development to the company. If you work as business analyst then you should know the details of sales made during the last quarter and the details of product line and also the details about the competitors. This will only make you a good business analyst and in this case your company will give you the best business analyst salary.

Productivity

There is absolutely no use when a person knows all the details but he is hardly productive. When you are less productive the company starts to lose money and this really makes your task hard to negotiate for a better salary.

Following the above said points will make a person knowledgeable, valuable and more productive at work. In turn he can negotiate a better salary.

Business Analyst Certification – Training For Top Salaries

If you have been in a position that you are unhappy with, then you have probably been asking yourself why it seems that some people get to move up so quickly, while others like yourself stay where they are. Instead of blaming yourself for not being lucky or blessed, you should actually start thinking strategically. The truth is that most people have the potential to earn top salaries, but they don’t know how to tap into that potential. The answer is to get the training that allows you to communicate with the executives and the leaders. This doesn’t mean that you have to spend thousands of dollars to go back to school. On the contrary, you can spend an affordable amount and get business analyst certification training today. It’s easy and invaluable.

The key to earning a top salary can be found in business analyst certification training. One of the first things you’ll learn in an online program is business communication. This is an essential skill for those who want to earn top salaries. The truth is that if you can’t communicate on the level with your bosses, executives, and team leaders, then they are not going to take you seriously. This is a sad truth of the business world, but it’s a truth nonetheless. A good training program will teach you the jargon. It will teach you how to treat your colleagues and your clients, that way you are taken seriously and treated with respect. You will become one of them, which is the first step to earning the top salary.

You will also learn the newest models and ideas in your business analyst certification training. This is incredibly important for those who wish to earn top salaries through promotions. If you want to become a valuable part of your team, you have to make sure that you can add new ideas to the conversation. You have to be able to spot problems and suggest viable solutions. If you don’t have the training then you are not going to be able to participate in this kind of discussion. You won’t know how to diagnose and analyze a business problem, and you won’t know which solutions have been proven to work.

Finally, business analyst certification training will help increase your confidence. When you work hard and achieve your certification, you will know that you are able to achieve your goals. Your employers and leaders will notice this confidence, and suddenly you won’t be just another face in the office.

Business of Analyzing a Business Analyst Salary

The profession of a business analyst has existed long ago. Although it may not have commanded much of a standing then, it is now fast becoming an essential element in any organization. In the event of a small establishment, the task is probably handled by the company head or owner working in close quarters with the sales and marketing team. Larger organizations tend to employ trained staff in specialized departments or sections. They handle the bulk of the job, analyzing trends, crunching numbers and churning out reports to be presented to the executive level.

To ascertain business analyst salary options, it is important to get yourself academically trained in the relevant area. Normally, most seek to study in the lines of business administration as well as business management. Achievers of computer science and information systems qualifications also make ideal candidates as this task requires one to delve in extensive usage of business software. Holding multiple degrees certainly increases your chances of commanding a better position on the salary scale, coupled with relevant years of experience. Being attached to reputable organizations work towards your favor as it embellishes your employment portfolio.

Some choices of career advancement may also be contributing factors towards a business analyst salary increase. Short of a promotion to a more senior position, you also have options to branch into other fields. Whether you are analyzing the business of financial services, insurance, investment banking, software development, healthcare or others, the principles remain the same. Hence, opportunities lie awaiting your decision to remain in the same line or make a change in the pursuit of new challenges and interests. Some of these job holders have also risen up the corporate ladder by utilizing their skills and talents, diverging into other vocations such as financial analysts, project managers and independent consultants.

When analyzing trends of employment between the genders, it is reasonable well spread. This sort of job requires one to possess analytical and detailed thought processes. Although both sexes demonstrate different wave lengths, macro and micro thinking work hand in hand to generate products of substance.