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The role of a business analyst is highly in demand. Organizations are increasingly moving towards data to make business decisions. Decisions as to which products will sell, how much, and where to sell them are all backed by data. However, there is a dearth of people with data skills. So, if you are good at handling data and are looking for a role that can promise career growth and high pay, you can consider enrolling yourself in a business analyst certification course.
Why Can Deciding To Be a Business Analyst Be a Good Career Choice?
There are some roles in the corporate world that are not well and clearly understood by all. Business analysis is one such role. Business Analysts play a vital role within an organization. They play a pivotal role in identifying business needs, analyzing opportunities, addressing problems, coming up with solutions, optimizing the operation cost, and interacting with different departments as well as stakeholders to ensure that the organization runs smoothly.
With the digital revolution taking the lead, organizations are turning toward data to make key business decisions. Since it is the major job responsibility of business analysts to analyze data to arrive at a business decision, it does not require mention that the salary trends for business analysts are on the rise. At present, there are more than 2.70 million vacancies for business analysts across the top companies.
According to the most trusted source for career prospects in the US, the U.S. Bureau of Labor Statistics (BLS), it is expected that the demand for business analysts will grow by 25% by 2030. As per a report by Indeed, the median income for all business analysts was more than 82,000 USD in 2022. Those who were certified in business analyst courses had an average salary that approximated more than 110,000 USD.
The roles of computer system analyst, statistician, market research analyst, health analyst and operations research analyst are some of the most promising roles today in terms of job security, responsibilities, and career growth.
The pay scale, variations, and growth in career are some aspects that can attract anyone to pursue the profession of a business analyst.
What Does It Mean To Become a Certified Business Analyst?
A business analyst’s job is to analyze the data that has been collected by the business processes. The business analyst makes use of this data to make plans and suggest changes to improve the working of the organization. In the process of its fruition, a business analyst has to interact with various departments, stakeholders, and business leaders.
Certified business analysts are business analyst professionals with additional certifications that have a better chance of being hired by top organizations and performing your job duties more efficiently in this job profile. Let us find out what are the benefits of these certifications below.
Benefits of Being a Certified Business Analyst
Having an additional certification in the field of your profile always enriches the existing profile, irrespective of which field it is. The same is true for business analysts as well.
- It can provide you with the requisite knowledge, skills, and credentials that the recruiters are looking for. Therefore, having a certification is an enrichment to your resume`.
- A certificate is a tangible and legit confirmation of your possession of the required skillsets by a neutral third party.
- Since you can show off your skills with your certificate,it increases your marketability to your potential employers and credibility in the industry. As a result, not only can you ask for higher pay as compared to your counterparts who do not have a certification, but also, you can prepare yourself to advance in your organization.
- Needless to say, as a certified business analyst, you have more opportunities and better security at your existing job.
- The job role of a business analyst is challenging, but certification is a sure shot way to move up the career ladder. Organizations are looking for seasoned business analysts who can drive change and challenge the status quo. A business analyst certification can help you go a long way in this.
What Skills Can You Gain With a Certification?
We have mentioned that an additional certification bestows a business analyst with added skills. Let’s see what skills you can gain upon certification. At the end of a business analyst certification course, you can expect to gain the following skills:
- Business analysis techniques and methodologies
- Collaboration and Communication
- Critical thinking and Problem-solving
- Data Analysis
- Reporting and Data visualization
- Strategy Analysis
Things To Note
Here are a couple of things for you if you are planning to become a business analyst. First, this role requires you to be a strong and effective communicator in speech and in writing. Therefore, make sure you work at enhancing your oratory skills. Secondly, brush up on your excel skills because this role will require you to analyze data and hence will need to make use of advanced excel skills on a regular day. Lastly, whether or not you have done a certification course on business analysis, make sure that you are updated on the current trends and practices in your industry.
Conclusion
Certifications help to boost your career no matter the path you want to take. However, before enrolling for a certificate course, make sure you note that there are different certifications available, and the requirements for one may be different from the requirements of another course.
Many certification courses are designed for those who are trying to enter the business analyst profession at the entry level. Many other certification courses will require you to be from a specific educational background or have a certain degree course or a certain amount of work experience. Therefore, before you enroll for a course, we recommend that you read the brochure properly, note down the skills you wish to gain over the course duration, and tick off the prerequisites. We wish you all the best in your career.