In line with the updated guidelines from our University partners, the College Board has approved a change to the fee structure for all our programs, effective January 2024 onwards. In line with the updated guidelines from our University partners, the College Board has approved a change to the fee structure for all our programs, effective January 2024 onwards.

How to Become a Business Analyst in 2024?

Business analysis is one of the fastest-growing careers in recent years. If you aspire to become a business analyst in 2024, firstly, you need to understand the nature of the job. So, what do business analysts do? They utilise data to implement recommended changes within premises. They gather, analyse, and present data to identify trends and opportunities for improvement. They also help develop strategies that will help organisations achieve their business goals.

This role opens doors to brighter future opportunities. However, to become a professional business analyst, you must possess specific skills.

Let us outline the step-by-step process for becoming a business analyst. Let’s begin without any further delay. 

How to Become a Business Analyst in 5 Simple Steps? 

Here’s a simple roadmap to becoming a business analyst in 2024: 

Step 1: Go through Fundamentals 

Primarily, you must get familiar with all the terms and other details relevant to the business analyst position. You should also know what business problems you’re going to tackle. Different business analyst roles include system analyst, process analyst, business architect, management consultant, data scientist, product manager, quality assurance, and more. Choose to learn and hone your skills by considering the position you want to achieve. 

Step 2: Enrol in a Course to Get Certified 

Next, you must enrol in a professional business analyst course, whose curriculum consists of everything required. An online or offline course will demonstrate your up-to-date skills and make you a valuable asset to the company. Such an online course will help you gather holistic data analytics and business analytics knowledge. It is also better to become familiar with certain useful tools like Tableau, Excel, and MySQL. 

Step 3: Learn all the Business Analyst Skills 

Once you join the course, you have to be keenly focused on developing business analyst skills. Listed below are the five primary skills :

  • Business Analytics: A business analyst must know the statistical and probability analyses. 
  • Communication Skills: As a business analyst, interacting with clients, teams, and stakeholders is common. You must also understand the client requirements, explain them to management, and tackle IT-based problem-solving. All these require your proficiency in communication. 
  • Business Acumen: Business Analysts must have a solid understanding of finance, accounting, and business principles. It will allow you to understand the possible business hurdles and how to solve them.
  • Problem-Solving: You must be proficient in identifying and solving the obstacles before they become issues. 
  • Data Analysis: In the business analyst role, you will always be required to gather, analyse, and present performance metrics. Data analysis is an essential skill you need to hone to build your career in business analytics. You will also be required to efficiently use tools like Tableau, Excel, and BI Tools. 

Step 4: Work on Real-Time Projects

After learning all the business analyst principles, techniques, and skills, you must implement them in real-world projects. This will help you understand your roles and responsibilities as a business analyst. 

Step 5: Develop Your Portfolio and Apply for the Job 

Now, you can build your professional portfolio by adding all the practical projects, assignments, and more. You can also attach the work you’ve been involved in during your internship or your online credentials. Start applying for the jobs using your resume, certificate, and portfolio. 

What are the Business Analyst Job Roles?  

As a business analyst, you are required to assist a company in implementing technologies cost-efficiently. You must also understand the project requirements of the stakeholders, partners, and facilitators. 

After that, your job responsibilities begin: 

  • You have to define the customer business functions and processes. 
  • You have to ensure that the system designs are crafted to consider the needs and requirements of the users. 
  • You may also be required to make a comprehensive change in the management strategy for the court. 
  • You have to provide training programs to the technical staff and coaching professionals. 
  • You must communicate with wide-ranging stakeholders to gather all the required information, engagement, and involvement to move a project forward. 
  • You can also determine the capabilities of the final products and services. 

These are the primary responsibilities of a business analyst in a company. You will be required to do many other roles based on the need of your skills and expertise. 

To Wrap Up!

Business analysis is undoubtedly an emerging career that can boost your prospects. We hope this article helps you develop a step-by-step roadmap to becoming a business analyst in 2024. 

Ready to take your career to the next level? Explore Exeed College’s MBA in Business Analytics and become equipped with the skills needed to excel in various sectors such as Marketing, Research, Operations, IT, Supply Chain, and Consultancy. Enrol now and embrace a future filled with endless opportunities for growth and success!

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