How can you tell if the career you are about to pursue will be able to gratify your career desires and ambitions? Similarly to other careers, it’s important that before making up your mind to become a business analyst, you analyze a couple of factors. In general, these include what qualifications one has to have, if the job is satisfactory, if the salary is good, if the job gives way to other career opportunities as well as its competitiveness. To help you through, here’s a guide that will help you decide whether a business analyst career is really right for you:
1) Career opportunities:
Since business analysts are required to possess several skills, some of which are similar to those required in performing other business related tasks, a BA can always use these skills to their advantage to climb the corporate ladder. For instance, they can be promoted to take up a program/project manager or business architect position. This is never the case with other careers as many professionals get stuck doing the same job and holding the same job title till retirement.
You don’t have to have first class honors and a master’s degree to become a business analyst. Instead, all that you need is a bachelor’s degree in any business related field. Though one is normally required to get in-house training before taking the job, or get certified by International Institute of Business Analysis, it’s nothing compared to what other individuals (aspiring business professionals like accountants) have to go through before being offered a job. In other words, business analysis careers have low barriers as they focus more on one’s expertise and experience rather than their academic performance.
3) Competitiveness and salary
Business analysis is a highly dynamic field that has been rapidly gaining prominence over the past few years. This is because companies are starting to realize and understand the value these professionals bring to the table. As such, careers in this field are very much in demand and so can receive a sizable income as a business analyst. This demand is bound to increase as lots of businesses/companies are continually striving towards making good investments that will help keep them ahead of their competitors.
What this means is that, business analysis is a field that is and will continue to remain in demand over the coming years. The best thing about it is, the demand (businesses in need of BAs) is high and the supply (qualified BAs) is low. This is why business analysts are among the top well-paid professionals in the business world.
4) Job satisfaction:
Though business analysis is a very demanding and challenging career (it utilizes a lot of skills such as time management, relationship management and problem solving skills), it’s also very satisfying and rewarding. And so, if you are the kind of a person that loves challenges, you will be more than comfortable in the business analyst field.
In essence, the only way through which you can know whether a business analyst career is right for you is by taking into consideration all these factors and, analyzing whether you are capable of coping with the many demands that comes with the job. If you’d like to learn more about this career field, check out www.businessanalystcareerhq.com.