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The role of a Business Analyst is gaining a lot of importance in today's times. A Business Analyst is a professional who validates business requirements and mediates between the IT team and stakeholders. In this video, you'll gain an understanding of the top skills a Business Analyst should possess. Here, we will be covering both technical and non-technical skills. So, join us for this YouTube live session and dive deep into the top business analyst skills!<br><br>This Business Analyst Masteru2019s Program is designed to hone your expertise in the latest Business analytics tools and techniques, including planning and monitoring, data analysis and statistics, visualizations, Agile Scrum methodologies, and SQL databases. This Business Analyst certification course will train you in a practical manner with real-world case studies, ensuring that youu2019re market-ready.<br><br>The employment of management analysts, including business analysts, is expected to grow 14 percent between 2018 and 2028, according to the U.S. Bureau of Labor Statistics (BLS). This is a higher growth rate than other professions. <br><br>Business Analysts use data to outline problems, opportunities, and solutions for businesses and report them back to the stakeholders in the organization. They also play a crucial role in fixing outdated processes, driving new technology adoption, and innovation, making this an in-demand role in every area of business, from consulting to product management. A Business Analyst's career path can take them in multiple directions, depending on their experience and future career goals. Simplilearn's Business Analyst Certification is a perfect program to kick start your career, and have endless growth opportunities. <br><br>Learn more at: https://bit.ly/3hSQWto<br>
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Who is a Business Analyst? • A business analyst is an individual who mediates between the IT team and stakeholders. They validate business requirements and deliver • in-depth reports to the stakeholders • Business analysts work with the motive ofimproving business processes, services, software and products
1. Understanding the Business objective • It is important that you precisely understand the business objective you are supposed to work towards achieving, before getting started • It is advised that business analysts have a good knowledge of thebusiness operations in his/ her organization
2. Analytical & Critical Thinking • A business analyst should be able to analyze and interpret the client’s requirements clearly • Critical thinking involves, evaluating several options before arriving at the desired solution
3. Communication & Interpersonal Skills • Communication is the most important skill for a business analyst. Listening, Reading and Writing skills are very critical • Business analysts should be capable of facilitating meetings as well. They must be able to clearly convey their ideas and results
4. Negotiation & Cost-benefit analysis • Business analysts are responsible to obtain a profitable result for the organization and at the same time, fix the clients issues as well • They must embrace the systematic approach of a cost-benefit analysis
5. Decision-Making Skills • Business analysts must be proficient in taking crucial decisions for the company • They must be having good problem-solving skills as well. Business analysts should have a knack to think out of the box and find a solution to problems
6. Programming languages • Business analysts should have a sound programming knowledge for performing better and faster analysis of data • Knowledge of R and Python is highly beneficial. In addition to these, it is good to understand statistical software like SAS and SPSS
7. Creation of Reports and Dashboards • When it comes to creating reports involving big data, business analysts should be proficient in using various Business Intelligence tools • Knowledge of Tableau, Power BI, QlikView is required to make different types of reports depending on the business requirements
8. Database and SQL • Good understanding of relational databases is important for storing and processing information • Knowledge of SQL is a must for business analysts to access, retrieve, manipulate and analyze data
9. Microsoft Excel • The most popularly used tool by business analysts for working with data is Microsoft Excel • Excel helps a business analyst with the reporting and analysis of various business problems
10. Documentation & Presentation • A business analyst must be able to document and record their project learnings and results in a concise way • They should also be confident about presenting their findings and conclusions in front of the stakeholders and clients
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