The role of an IT Business Analyst is to understand the business landscape and the changing needs of the business. A Business Analyst will communicate with the top stakeholders in the organization to analyze business requirements, processes, and information systems, and will also help drive the business in the right direction by improving the products, services, and software with the help of data analytics. In simple terms, a Business Analyst bridges the role of IT and business while improving the company's overall efficiency.
Role of an IT Business Analyst
The Business Analyst must work in close coordination with multiple teams within the organization. The Business Analyst must interact with diverse teams and groups to understand the business more efficiently while providing innovative solutions to the many challenges faced by the business.
Apart from this, the Business Analyst roles and responsibilities in IT companies also include understanding the regulatory and reporting requirements. The IT Business Analyst must have experience in creating various functional specifications by defining the business’s needs. Some of the typical roles and responsibilities of an IT Business Analyst are:
- To understand business requirements from multiple stakeholders and prioritize them.
- Interpret business requirements and simplify them for easy analysis of top management to make strategic business decisions.
- Create solutions based on the requirements identified, create change management proposals, and work towards achieving the organization's long-term goals.
- Review specifications for required change management, while efficiently organizing business needs.
- Work in close collaboration with the Technical Architect and Development team to ensure the team understands the requirements.
- Facilitating the right design sessions with the project implementation team.
- Delivering the correct elements of system design, business rules, and other relevant deliverables.
- Pull information from multiple sources from within the organization while analyzing and reporting the relevant data trends for informed decision making.
- Breaking down the technical and architectural requirements so that the entire team understands the infrastructure and technical requirements.
- A Business Analyst is not directly involved in the implementation of a software project. However, the Business Analyst is actively involved in capturing new business requirements and communicating them with the development team.
- A Business Analyst directly communicates with the relevant stakeholders and is responsible for transferring this knowledge to the project development teams.
- A Business Analyst also helps the management envision future needs among changing business processes and models.
Skills Required to Become an IT Business Analyst
An IT Business Analyst must have excellent soft skills apart from the domain and technical knowledge requirements. He/she must be able to pull reports and analyze data streams to identify useful trends. An IT Business Analyst must ideally be from a technical background with a basic understanding of the necessary tools and technologies. And some of the useful skills a Business Analyst must have to be successful in this role are:
- A Business Analyst must have excellent verbal and written skills.
- The right mix of program management and project management expertise.
- Having the right interpersonal and consultative skillsets is an advantage.
- Working on high-level detail and being able to interpret accurate results.
- The right organizational skills are also important for a Business Analyst’s career, as he/she needs to be very efficient in working with diverse teams within the organization.
- A good understanding of the business and the respective functional domain.
- Capability to position the right solutions that are cost-effective and actionable, while addressing the business requirements and challenges identified.
- Good problem-solving skills, while applying the right methodologies such as Unified Modeling Language.
- In-depth knowledge of requirement specifications and development, process flows, and developing business use case scenarios.
- An understanding of process modeling, agile, and waterfall software development methodologies.
How to Become an IT Business Analyst?
If you want to succeed in your career as an IT Business Analyst, you will need to start with entry-level roles such as management trainee, project coordination, or business research. It is not necessary to have a business degree for pursuing a career as a Business Analyst; however, it is recommended to have a business degree.
There are a few good courses from renowned training providers like Simplilearn offering the Business Analytics Program with IIT Roorkee. This course can also help you add the required skillsets to kick start your career as an IT Business Analyst. These are some of the common starting points for students on how to become a Business Analyst in the IT industry. Besides, the students can also acquire the necessary skill sets by attending webinars, industry seminars, and conferences.
Your Next Move
An IT Business Analyst is always up to date with changing business needs while providing technology solutions to improve business processes and systems. The Business Analyst is often seen as the perfect intermediary between IT and business. This role requires all-round skill sets such as communication skills, requirement analysis, scope management, and business process analysis.
A career as a Business Analyst is very rewarding with ample growth opportunities to progress. A Business Analyst provides excellent value to any organization. Organizations are increasingly looking to streamline business processes while reducing costs. The demand for Business Analysts will only grow, as we move towards an information economy. Therefore, it would be in your best interest to pursue a course in Business Analytics for a flourishing career as a Business Analyst.