Skip to main content

Development Path of a Business Analyst (BA)

1. What is a Business Analyst?

A Business Analyst (BA) is an individual who investigates the needs of stakeholders within an organization, identifies current issues, analyzes data, and proposes specific solutions to drive positive changes for the business. BAs examine business problems, organizations, current states, and future states. They collaborate with stakeholders to comprehend their specific requirements, analyze those needs, and formulate tailored solutions for the business.

Progression Levels for a Business Analyst:

Level 1: Fresher Business Analyst Upon entering the field, individuals usually start as Fresher BAs. Their role primarily involves supporting senior BAs in projects, learning project methodologies, accessing project tools and documentation.

Fresher Business Analyst

It's advisable for newcomers to apply to multinational companies or large IT firms with well-defined and standardized processes. During this phase, the guidance of supervisors or mentors plays a crucial role in shaping one's future career path.

Level 2: Junior Business Analyst After about a year in the field, having worked on 1 or 2 projects alongside other BAs, individuals can be referred to as Junior BAs. At this stage, a strong grasp and effective application of elicitation, analysis, and documentation skills are crucial. Additionally, skills such as analytical thinking, proactive task management, and time management become highly important.

Level 3: Senior Business Analyst As one progresses to the Senior level, the challenges evolve. While Fresher BAs may experience uncertainty and be focused on processes, methodologies, and tools, Seniors face more complex tasks that demand significantly more effort. Their scope of work widens and deepens, often specializing in a specific business domain such as Banking, Retail Distribution, Customer Relationship Management (CRM), Enterprise Resource Planning (ERP), and more.

Fresher Business Analyst

At this stage, Senior BAs play a pivotal role in proposing solutions that meet clients' requirements. Achieving this requires a blend of domain-specific expertise and an understanding of the economic aspects of the clients' applied business models. Close collaboration with Technical Leads is essential for discussing technical matters and system-related issues.

Level 4: BA Team Leader After spending a considerable time as a Senior BA, individuals may be promoted to higher positions, depending on the company's organizational structure. Possible roles include BA Project Lead, BA Manager, BA Program Lead, or BA Practice Lead.

At this point, BA's responsibilities expand beyond self-management to encompass training, guidance, and managing other BAs within the team to collectively achieve project goals. They also become the primary liaison with other departments within the company.

Level 5: Management Consultant Another option is to become a specialized BA consultant advising clients. This role is often seen at prestigious firms like the Big Four (Deloitte, EY, KPMG, PwC), McKinsey, IBM, SAP, Oracle, and more. Working as a professional consultant allows BAs to engage with clients from various geographic regions, collaborating directly with high-level executives (C-Level) at client companies. This position demands deep expertise and advanced skills.

Level 6: C-Level These positions include CIO, CTO, or COO at client companies (referred to as Company A). Profiles for these positions are typically impressive, having held high roles in multinational corporations or technology companies in Silicon Valley, with extensive experience in European and American markets. These roles demand substantial qualifications and achievements.

Level 7: Entrepreneur An alternative path is becoming an Entrepreneur, starting your own business venture in a domain you understand well. This often involves focusing on a niche market and building a business model to address specific customer needs within that niche.

 

---------------------

Source: Compiled information

DTSVN offers specialized Business Analyst courses tailored for the Banking domain. The courses range from basic to advanced levels, suitable for professionals in the field or those aiming to pursue a BA career. DTSVN is the only provider offering an educational fund of up to 100 million VND for recent graduates interested in entering the BA industry. Contact us now for consultation and experience at this link.

 

Chia sẻ: