Nowadays, the profession of Business Analyst is of great interest. This seduces with its rather attractive remuneration. It is a profession that involves very specific skills, well-founded roles and missions. What does this work consist of? We’ll talk about it.
What is a business analyst?
The person practicing the profession of business analyst (business analyst – rome code M1805) is in a certain sense a functional consultant. He specializes in the study of the Information System (SI) of a company. In other words, he is a researcher in organization and information technology. This specialist is in charge of the operational departments and the Department of Information Systems (DSI). Most often, he is found in large companies that have several branches or businesses. Meanwhile, the ICC sees him as an individual consultant.
What are your roles within a company?
Its role varies depending on the company for which it offers its services. But fundamentally, the business analyst is concerned with analyzing in detail all the needs of the organization. Whether it is material, IT, human, financial or strategic means, the Data analyst it must be safe. The goal is to ensure the development of each organizational project. It also determines the objectives to be achieved and the commercial policy to be adopted. It is a great pillar for society.
The business analyst in his role as an interface
The functional consultant is the intermediary between the operational departments and the IT department. He communicates useful information, supports and then advises his superiors on matters relating to his function. His intervention facilitates exchanges.
A project manager
The business analyst completely manages the activities of the company, from the positioning of the actors to any production. In addition to planning her own work, she shares the tasks of the teams, the follow-up of the phases and the correct implementation of the projects. In other words, she determines the missions of each, the strategies to be adopted and the means to be used. You prepare and control budgets, timelines and expected results. This leads him to be very attentive to the dashboard and the main performance indicators. He is responsible for the information the hierarchy on the progress of the activities and, if necessary, of any significant anomaly.
A good financial manager
The business analyst remains in close contact with the accountant. For this, he establishes a Database. This includes data from vendors, projections, management tools and dashboards. In short, it uses all financial information for business sustainability.
The business analyst: responsible for resources
If necessary, the practitioner can replace or supplement the resource manager. This time, his role will be that of manage human resources essential for the development of a business project.
Focus on the business analyst’s missions
Its missions generally consist of gathering all essential information for the company.
The business analyst writes the specifications to discuss the needs and make them known. More precisely, it informed on all expected costs and budgets.
Anticipation of the evolution of costs
Neither a decrease nor an increase in costs is good for the company. One of the business analyst’s missions is therefore to anticipate these developments. If not, he must quickly take the corresponding measures.
Realization of the qualitative and quantitative study
The company is mainly based on the qualitative and quantitative study in the taking dand decisions. Therefore, achieving this is a mission of the business analyst.
What are the qualities and skills needed to become a business analyst?
Three main qualities must necessarily characterize a business analyst. He will have to drink very good first analytical skills, in order to guarantee the follow-up required by the company. Then a big one versatility it is necessary to perform its functions both in terms of IT and operational management. Finally, this person must have an incredible sense of communication. He is, in fact, in relationship with all the members of a society. He must be able to conduct meetings, summarize and dialogue with different interlocutors. From this also emerges the importance of mastery of many languages. It should also be noted that an analyst must possess great listening skills, unmatched diplomacy, and infinite creativity.
But for what salary?
The company sets a business analyst’s salary based on his or her responsibilities and industry. Therefore, it may vary depending on the size of the organization. Furthermore, it depends on the geographical location, which means that it is much higher in the Paris region than in the rest of France. Plus, the rewards are minority. This means that the salary amount depends only on the base salary.
Therefore, a business analyst receives on average between € 40,000 and € 50,000 gross per year, that is, € 3,300 to € 4,200 per month. His monthly salary fluctuates Between 2600 and 3200 euros net. A beginner in this field is paid around 2,000 euros per month. However, wage developments need to be considered. For a senior profile with more than 20 years of experience, it is possible to have a gross salary of 100,000 euros per year.
What training do I need to follow to become one?
A business analyst sits between the IT department and the operational departments. Therefore, the training technician (from major engineering schools), training in businessin finance or inside informatics are the paths to follow to practice the profession. Master’s level 2 university degrees are preferable. However, a business analyst should ideally have it experiences successful in this regard. Added to this is a broad knowledge of the sector, a great knowledge of the opportunities, perspectives and factors that block the business. Having said that, professional training will make it possible to identify the various problems.
Who are the main employers?
The profession is in the field of auditing. Therefore, employers consist mainly of auditing firm. Note that some large companies that alternate this function are also interested in this profile.