Why you should become a Business Analyst?

A few decades ago it was a trend to get an MBA and to say “I am an MBA graduate”. MBA degree holders are considered as “hot cake”. However, in recent time Business graduates are facing problem to get jobs as they lack proper expertise in technology. One of the dark sides of technology is it destroys many traditional jobs and software since computers can do many business-related tasks. In Academia, these situation is often called “Creative Destruction” where new technologies grabs the place of old technology and as a result, many companies have to fire their employees or end up with complete shout-down. In 2020, Forbes magazine Cover News title was “It’s Official: The M.B.A. Degree Is In Crisis”. So, probably traditional business degrees are not going to help you to get a lucrative job. Students have to find a new way so that they can compete with this tech-centric world. What if there is a way where anyone can be a business professional with sufficient IT knowledge. Yes, it is possible! In recent years, we are experiencing a “profession” that is a unique fusion of business, technology, data science and so many other things. This profession is known as “Business Analyst”, Today we are going to talk about this demanding career path.

 

Business Analyst job itself is a “School”

Have you ever heard the old phrase “Master of all trades”? Business Analyst is today’s “Masters of all trades”. A business analyst has to work with several wings of a company like developers, customer services, testers, top management, etc. By working with different fields, gradually a Business Analyst becomes an expert in translating complex development processes, change management, and digital business. Also, you can become a good team coordinator, communicator, and facilitator. You will never be bored of your job because every day you will learn new things for solving new challenges. 

 

Easy to get a job:

There has been an ever-increasing demand in the job market for a business analyst. The expansion of this job market is going on at such a pace that in the coming decades it is expected to grow at a rate of about 20%. So, it will not be a surprise if the world sees tremendous positive inflation in the growth rate of this job market in the coming 5 to 6 years! So, it can be said that it is just the right time to enter the extremely competitive and prospective job market of a business analyst.

 

High Paying Post

It blew my mind when I got to know that an average business analyst makes about 80000 USD per year which is an attractive amount to satisfy one’s wallet. It is worth mentioning that an expert analyst can make up to 150000 USD per year which may encourage more people to work efficiently. So, it is justifiable that compared to their skills and variation of job responsibilities that the Business analysts have to perform, the remuneration package that they receive are truly appropriate for them.

 

We can mention more benefits here but do not want to divert your concentration away from the main topic. Most straightforwardly, if you just want to exist in the future business world, you have to be a knowledgeable person regarding Business Analysis. Experts say that most of the future CEOs are today’s Business Analysts because they have to do multi-tasking and also they have sound knowledge in various fields like business and technologies. If you are ambitious and career-oriented, if you have leadership skills and want to be tomorrow’s business leaders then it will be wiser to take action to build yourself from right now. Because knowledge is power but knowledge without action is useless.