Business analyst help guide businesses in improving processes, products, services and software through data analysis.
These agile workers straddle the line between IT and the business to help bridge the gap and improve efficiency.
Business analysts (BAs) are responsible for bridging the gap between IT and the business using data analytics to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders.
BAs are responsible for creating new models that support business decisions by working closely with financial reporting and IT teams to establish initiatives and strategies to improve importing and to optimize costs.
You’ll need a “strong understanding of regulatory and reporting requirements as well as plenty of experience in forecasting,
Budgeting and financial analysis combined with understanding of key performance indicators The business analyst position requires both hard skills and soft skills.
Business Analysts need to know how to pull, analyze and report data trends, and be able to share that information with others and apply it on the business side. Not all business analysts need a background in IT as long as they have a general understanding of how systems, products and tools work.
Alternatively, some business analysts have a strong IT background and less experience in business, and are interested in shifting away from IT to this hybrid role.
