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Tag: Business Analyst

What is the Difference Between a Business Analyst and Project Manager

Posted on by Imarticus Learning

Workspaces have evolved dynamically. This has led to the creation of different job roles and functions across industries. Different key roles have come into the picture in recent times. These roles have strategic importance in the functioning of organisations of all kinds. Also, in most cases, these new roles have now become pivotal points around which the stakeholders of a company revolve.

Project managers and business analysts are now seeing the light in different corporations. They handle some of the most important functions within and outside the organisation.

Let’s know more about their roles and responsibilities.

Who is a Business Analyst?

Business Analysts analyse and evaluate huge sets of data to come to different conclusions which can later be transformed into a business decision. A business analyst has good control over data and knows how to extract important information from a pile of Data. A Business Analyst works with the organisation and drives the changes the company goes through. These people are analytical and are good with numbers.

Role of a Business Analyst

Mentioned below are some of the roles of a Business Analyst:

  1.  Tries to understand the needs of different departments and stakeholders and serve them with what they require
  2. Uses various data modelling and handling techniques to crunch data and come with important data points
  3. Forecasts and manages risks which arise during the normal course of business.
  4. Recommend business solutions to the top management to improve the processes and outputs
  5. Formulation and implementation of strategic plans to drive growth and revenues of a company.

You can take up a business analyst course to train yourself and become a better business analyst.

Who is a Project Manager?

The job of a project manager is quite interesting. He is in charge of the different work projects which are taken up by any company. He leads an entire project and manages everything that is required to make a project successful. These activities include Planning, Strategizing, Execution, etc.

Project managers also have to become good leaders as they handle an entire team. He must also know about project management as it is an elaborate task. A good project manager should have the willingness to use innovative techniques while handling different projects.

Role of a project manager

A project manager performs the activities listed below:

  1. Guide his team throughout the different phases of project management
  2. Set up expectations and goals to be achieved by a particular project and work towards achieving those goals.
  3. Track the entire project lifecycle
  4. Develop a plan to manage the entire project
  5. Ensures the completion of a particular project within the given time frame

The difference between a Business Analyst and a Project Manager?

Though the two roles sound similar they have a huge difference when it comes to their role in the organisation. A business analyst course will help you understand how business analysts are different than project managers. A project manager takes care of a particular project.

He is responsible for running that project. He has to formulate a strategy and develop processes for the completion of the project. On the other hand, the Business Analysts analyzes different data sets to come to different conclusions. His job is to analyse different trends and draw out conclusions from these observations.

Both of these roles are very different. A project manager takes up a managerial role and manages all the aspects of the project whereas a business analyst has an analytical role where he deals with all kinds of data related to the company.

What is a Business System Analyst Salary

Posted on by Imarticus Learning

The jobs today are dependent on the systems we use to do our work. Therefore, it is quite important to keep the system up and running. This brings in a need to hire someone who is an expert in the field of managing business systems and how we operate. This expert is usually known as a business system analyst.

Systems analysts are people with high order thinking ability and a diverse skill set. These people are responsible for developing projects and delivering high-quality results. Successful and high performing organizations have one thing in common: An exceptional analyst of business systems.

Who is a Business System Analyst?

A business system analyst is a person who takes up initiatives and projects of developing new business processes and drives major changes in the organization. These analysts have a comprehensive understanding of different types of business systems and how these systems operate.

They make use of the existing data sets to come up with conclusions that aid business decisions. Also, these individuals contribute immensely in achieving the organizational and strategic goals of a company.

The duties of a business system analyst

  • He performs different functions within the organization. Some of these common functions are:
    Dealing with the entire management and relevant stakeholders regularly to understand their new requirements or to know about the need for updating the existing systems.
  • They develop possible business cases and scenarios and come up with innovative solutions. Also, they map different business processes to keep a tab on the activities going on inside the company.
  • They track the performance of individuals, the progress of different projects, etc. Also, they resolve issues which arise from these projects.
  • They keep a track on the implementation of proper system throughout the organization. They work quite closely with the tech professionals working in the company.
  • They are responsible for generating performance reports for all the employees and the projects on which the company is working.
  • They build up new business information systems which might be required to adhere to the strategic needs of the company and also to align with the goals of the company.

A business analyst course will give you a better understanding of the roles a business system analyst would be expected to perform.

How Much Money Do Business Systems Analysts Make?

This job requires specialised training. Also, it can only be taken up by people who have expertise in dealing with technological products. An analyst is known for his analytical bent of mind. It is a high paying job. The average pay of a business system analysts in Australia will lie somewhere between $100K to $120K. In India, the base pay is around 9-10 lakhs which is considered to be quite good.

The companies in the US pay their business systems analysts around $69000 which is considered to be quite decent. Different companies and countries have different salary ranges for BSAs but they are paid quite well everywhere. You can keep upgrading your skills to earn even better.

How Can You Become a Business Systems Analyst

A business analyst course will be the best way to go about it. It will give you all the important information that you would need while delivering results. Also, a course will give you a better understandi9ng of how different business systems work and the kind of ecosystem these analysts build for the companies they work in. You can also go for a specialization in the field of IT, Finance, Communications, etc. to have an edge over your competitors.

How Much Do Investment Bankers Earn in India?

Posted on by Imarticus Learning

Do you know the average salary of an Investment Banker in India is from 12 lakhs to 13 lakhs, according to Glassdoor? The investment banking sector is growing at a 1.2% CAGR for 2018 to 2023. It is expected to reach a value of $78,008.7 million by 2023.

According to the Bureau of Labor Statistics, the demand for financial services sales reps is estimated to rise by 4% by 2029. This data is combined with attractive salary packages and a secure career. This positions investment banking as one of the most profitable and in-demand career choices.

In this article, we have revealed the salary of an Investment Banker in India. We have also covered the factors that influence it and the Investment banker’s salary in the US.

Investment Banker

What does an investment banker do?

Investment bankers act as a bridge or intermediary between investors looking for investment opportunities and organisations looking for funding. The duties of investment bankers are divided into two categories: assessing a company’s financial situation and assisting it in meeting its financial goals. Investment bankers are responsible for analysing a company’s financial situation and capital requirements to offer a viable plan for meeting its financial goals.

Investment banker’s salary in India

The pay ranges from 3 lakhs to 1 crore depending on the skills, roles, designation, experience, job location, company, etc. But, the starting salary of an investment banker is better than many other professions, with initial pay of Rs.7-8 LPA. That’s why experienced investment bankers or  Investment Banking Analysts can rise to higher positions fast. This is because their salaries rise quicker, and they earn higher paychecks.

Designation-wise salaries of an investment banker in India

Salary of an Investment Banking Analyst

This is the role assigned to people who’ve just graduated from business schools. Their tasks mainly include research and analysis of investment banking methods. A fresher with this designation would earn around Rs. 5 LPA on average. Also, an experienced candidate can earn Rs.6-7 lakhs.

Package of an Investment Banking Associate

This role is an upgrade from the role of a Banking Analyst. The duties involve the analysis of business strategies. They act as an intermediate between junior analysts and senior officials. The average salary for this role lies between Rs. 7 lakhs to Rs.10 lakhs.

Pay of a Business Analyst

This role is similar to the role of an Investment Banking Analyst. However, the difference here is that the focus shifts to business strategies such as profit optimisation and asset management. For this profile, a candidate would earn between Rs.6 lakhs and Rs.7 lakhs.

Remuneration of a Financial Manager

Being a high-profile role, financial managers mainly oversee a company’s financial health. They audit financial reports, analyse investment activities, and work out long-term financial goals for the company. Also, they use tools to analyse the data. A financial manager in India would earn around Rs. 10 lakhs on average.

Compensation of a Financial Director

The role of the Financial Director is a senior one, as they are leaders of senior executive teams. And their primary responsibility is to frame financial policies. They also make the proper process to meet a company’s business requirements. In addition, they oversee operational and strategic ongoing at the company. So, a Finance Director can have a starting salary of around Rs. 20 lakhs. With an experience of 4-5 years, one can earn anywhere between Rs.45 lakhs and Rs. 50lakhs.

Factors affecting Investment banker salary in India

In India, the average investment banker’s salary is significantly higher. But, to determine the exact pay, you must understand the factors that influence the salary of an investment banker.

The below-mentioned factors affect the salary of an investment banker.

Skills

An investment banker’s most essential skills are financial analysis and modelling expertise. Along with this, the knowledge of mergers and acquisitions plays a critical role too. The ability to work independently is also an essential skill to succeed in the investment banking field.

An understanding of deal structuring and closing principles is essential. Having excellent communication and networking abilities play a vital role. In addition, the ability to conduct research, be quantitative and analytical and explain market events.

Location

Few cities have a higher demand for investment bankers, causing average pay to vary significantly. But, depending on the cost of living, some cities pay comparatively less. Surprisingly, Mumbai (84% higher than average), Pune, and New Delhi pay 4% higher than average. So, these cities are the best locations to work as investment bankers. But, some places offer lower salaries to investment bankers, like Bangalore, Hyderabad, and Chennai.

Work Experience

More experience results in more gain in the field of investment banking. The average salary of one to four years of an experienced investment banker is Rs. 9 lakhs annually. However, bankers with five to nine years of experience earn around Rs. 20 lakh per annum. With an experience of around ten years, professionals can earn approximately Rs 30 lakh per year.

Companies

Some banks and companies are paymasters, while others pay less. So, investment bankers prefer firms such as Morgan Stanley and Goldman Sachs. Other liked banks are Barclays and J.P. Morgan. Investment bankers are generally paid well by most firms. However, you should not focus only on the package. The profile and work are deciding factors in rejecting or selecting a company.

Investment banker salary in the US

The United States pays well to investment bankers. It consistently ranks first in terms of compensation for its investment professionals. Furthermore, cities such as New York reward their professionals besides the salary. It offers valuable and lucrative benefits.

How to start your journey as an Investment Banker?

Before entering any sector, gathering knowledge about the industry, scope, career growth, and job opportunities are always good multitool. The second step is to equip yourself with the knowledge and skill set to become an investment banker. For this, you should get enroled in an institute and learn investment banking concepts.

An institute that offers excellent knowledge, expert faculty and an industry-oriented curriculum will be lucrative. But, if they provide career assistance and interview preparation, that will be the cherry on the cake So, try to find an institute that offers all these and then invest your money. 

Apart from this, having a good network also plays a significant role in getting you to start your career as an Investment Banker. For that, you can do an internship with top companies and work hard. Moreover, during the internship, you can learn industry concepts and how to behave professionally.

Conclusion

In conclusion, careers in investment banking training usually offer good salaries. However, they are exclusively bagged by candidates with the best academic backgrounds.

Hence, candidates must work hard. They should try to graduate from a top educational institute. Also, they must know how to reap the benefits of their effort. And, plan a financial career properly to take up the role of an analyst.

What is the difference between Business Analyst and Product Analyst Roles?

Posted on by Imarticus Learning

What is Business Analyst: 

A business analyst is an individual who analyses an association or business area and records its business, cycles, or frameworks, and evaluates the plan of action or it’s joining with innovation. He helps in managing organizations in improving their cycles, items, administrations, and programming through information investigation.

They are also a link between Information Technology and business using data analytics. Business analyst courses are booming with many students opting for a career in this field. Universities like Berkley and Cornell are offering business analyst courses.

best big data analytics course

A business analyst helps a company to boost its business by improving the functioning of the company, the products, and software using data analysis. This role of a business analyst not only demands technical skills but also requires experience that enables an individual to analyze people and situations.

A product analyst on the other hand observes the current trends in the market, the demands, and expectations of the consumer and then guides businesses to develop the right marketing strategies for the products. They compare the products of the company with the trends in the market to make a product suitable as well as profitable.

A business analyst and a product analyst work together to ensure a company’s profit and business but they have different responsibilities. Many product analysts usually start their careers as business analysts and transition later. They both work closely.

A product manager takes full control over a product. They own the product in every right and are also responsible for its future in the market. They work on the marketing strategies for the product and analyze its performance in the market while chalking out the profit and loss based on market research. They work closely with the sales team to ensure that it reaches maximum consumers.

A business analyst enables change in the company according to the needs and provides solutions. They bridge the gap between IT and business teams. If the business team desires a change in the software system, the analyst steps in and facilitates the discussion and ensures the necessary software solutions are provided. A business analyst collaborates and makes sure that requirements on both sides are met and how the updated business will be.

If we had to consider the biggest difference between a product analyst and a business analyst, it is that the former has more decision-making power.

  • They collaborate with executive teams to ensure maximum marketing for the product.
  • They decide the software’s function.
  • They have financial responsibilities towards the company and the product.

A business analyst is like a catalyst. They are responsible for changes in the organization. They identify the problem and tackle it by providing solutions. If it’s about software changes, the analyst works together with other departments in the organization as well.

It’s the business analyst suggesting the changes and the technical team delivering it them. A business analyst ensures that everyone agrees to the changes and they are also responsible for updating everyone about the upgrades in the business process.

A product analyst focuses more on the interests of the consumers and market trends. The product is their responsibility. They tend to work on how the product will benefit the market and the consumers. Throughout the project, the product analyst questions ‘why’ to determine the best solutions for the users.

One of the most essential responsibilities of the product analyst is to manage the backlog of the product to increase its end value. The backlog helps the team to concentrate on the internal work and other important aspects. After the backlog is created, it’s important to maintain the backlog to ensure prioritization. They also oversee every stage of development of the product including the planning, processing, and reviewing.

For an organization to function properly, the collaboration between a business analyst and product analyst provides the best way out of every problem, be it technical or practical. To tackle such situations, business acumen, as well as technical expertise is important.

Engaging a Business Process Analyst- A Step in the Right Direction?

Posted on by Imarticus Learning

These days, every organization and business is so keen on achieving their goals that they are recruiting professionals in every possible department. A Business Analyst is one such essential part of these organizations or businesses that helps them reach their goals.

All types of businesses, whether they are profit-based or not, may have to face some kind of problem at some point in time. A Business Analyst helps them analyze the data and identify or speculate the possible problem and also find the ideal solution for the same. Although in a state of infancy, Business Analysis is one of the demanding professions these days that helps various businesses to achieve their targets and goals.

The role of a Business Process Analyst

Depending on the business or the organization, the actual role of the Business Process Analyst or BPA varies but they all have some basic tasks to finish. Basically, an analyst must understand the business well enough to determine how they can help improve the situation.

Once they identify the ongoing processes they can find pick the points or fields that may be automated, create the specific functionalities and design the various features of the needed IT system. The final step is to implement the designed features and bring out the best in that business.

Operation Management CoursesGetting a certification in Business Analytics is in demand as more and more people are joining this profession. Such Business Analyst Certification, makes a person qualify for the job description put forward by the companies, but there is still a lot more for these analysts to do.

Benefits of engaging a BPA

The role of a BPA is highly beneficial at certain stages of a business. Depending upon the business requirement, it may also change. Though the title suggests the analysis of the business front, the professional will be or should be able to align the process and the business ends.

  • Having a BPA could be essential for a new business that is starting at a higher level.
  • These analysts are beneficial when the company is about to launch a new product or is planning to diversify in its current market.
  • Even for the domestic re-engineering processes, restructuring the business, or planning to outsource, etc, all requires the role of a business analyst.
  • A BPA is also essential for people integration, system integration, or for business merger processes to have a smooth transition.
  • Most importantly, a BPA can develop apt solutions through strategy analysis for the new or changing requirements and meet the regulations as needed.

How to be a BPA

Finding the best course for the Business Analyst Certification is the primary step. There are various courses available that enable the aspirants to be thorough with the job requirements and make them qualify for the roles.

At the same time, completing a certification in Business Analyst is not sufficient as the role requires other personal skills such as analytical skills, the ability to identify minute details, leadership qualities, and most importantly, communication skills to help them convey their thoughts and analysis to the stakeholders. Such strategy analysis skills would help both the individual and the business in their growth process.

Conclusion

A Business Process Analyst course is an asset to the organization that brings out the best in their plannings and execution. Whether it is small changes in the incremental princesses or high-level business change strategies, a business analyst can bring a lot to the table and help execute the plans in the most beneficial manner. So, there is no question about having a BPA is the right decision or not.

How Can You Be Effective Business Analyst?

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Business analysis is a vast field that primarily improves the overall outcome and quality of a business. Though the technique and requirement for the analysis change with the field, the role of the business analyst remains the same.

If you want to be an effective analyst for any business you must have a few qualities which are likely to be common to all businesses.

These qualities are not about the usual skills or qualifications but are certain techniques that make you successful in analyzing the demands of the job.

  1. Be the bridge: A business analyst is a bridge that connects the client and the developing team. It is your duty to get a clear picture of the customer’s requirement and make it clear to the developing end. The key factor here is the communication skill that involves not just speaking, but being excellent in thinking, analyzing, and delivering to the other end.This communication skill works both ways and also in building the most effective team. An analyst should never hesitate from clarifying the doubts of either side. It is the analyst’s duty to bring both parties to the same page to divert the business in the right way.
  2. Be more engaging: An effective business analyst must be able to build a collaborative environment with the project team that is likely to run at different levels. It is not just the communicative skills that are required here but also social skills.Engage with your team members to build a stronger base so that it will be easier to communicate the business issues at a later stage. No business and business development is perfect. It will have its share of flaws and an effective analyst must be in a position to point out the same to pave the way for improvement.
  3. Learn new techniques: A successful analyst will be ready to learn new techniques in the same field. Solving problems cannot have a ‘one-size fit all’ strategy. Different issues need to be dealt with differently and with different techniques. Keeping up with the new techniques and thereby creating unique strategies for each business is exactly what makes a successful analyst.
  4. Open up yourself to the new developments in the field and try to learn something new regularly. This will help you be more effective as a strategist and also increase your personal value in the field.Investing in a quality business analyst course may be the need of the hour. Keep looking for some interesting courses that can help improve your techniques and strategies.
  5. Be flexible to grow: Personal growth is also on the cards. Even if you feel that you have got good enough communication and analysis skills, there would still be scope for improvement. One can always improve listening skills, communication, speaking, writing, and even organizational skills to be a pro at work.Among these, the two most important factors that need regular development is presentation skills and domain knowledge. The former is highly significant since each of the clients would be different from the other. To be more effective you need unique ways of communication to present the business end.

Conclusion
Being an effective business analyst is always a continuous learning process. There are no shortcuts to reach your success. Moreover, it differs from person to person as well as with the business field. What is more important is to identify your strengths and weaknesses so that you can work on and improve yourself to get to your target. Keep yourself updated with the latest business developments and you will have your reward for your excellent efforts.

Also Read: What is Life Like For Business Analyst in India

Understanding the Difference Between Data Science and Business Analysis

Posted on by Imarticus Learning

The arrival of big data into the picture of industries all over the world has considerably increased the importance of data science. However, many tend to confuse the terms ‘data science’ and ‘business analysis’, often taking them to mean the same thing. In reality, there are distinctive differences between the two, and each has its own pros and cons. If you’re ever planning to make a career in either of these fields, it’s important to learn the difference between the two.

Business Analysis vs Data Science Difference #1: Definition

Put simply, the overarching goal of a business analyst is to help grow a business in a given market under certain conditions. They have a direct influence on critical financial decisions made in the company. They use data to create and change policies, improve productivity and stabilise systems. A data scientist, on the other hand, is responsible for collecting, processing and reporting findings from a massive data dump. Data scientists convert raw data into structured, meaningful silos which are then used to generate reports on trends or make forecasts.

Business Analysis vs Data Science Difference #2: Analysis

A business analyst perceives data, insights and requirements from the perspective of the business and its overall operational systems. A data scientist observes and visualises the relationship between data in a database. While data analysts derive insights from data dumps, business analysts take what is needed to make the business function better and meet certain milestones. Both problem-solving roles are highly data-focused; the difference is that they enter at different stages of the operation and manipulate data to different goals.

Business Analysis vs Data Science #3: Skills

While the skills required for both roles might overlap by virtue of dealing with data, in the end, there are some differences. The following skills apply for data scientists:

● Programming: Where premade software might not be flexible enough, data scientists must be equipped to make personalised changes
● Software: Data scientists must be well-versed in a plethora of tools serving different purposes, from statistics to visualisation
● Data management: From collecting to segregating and organising massive data dumps, data scientists are expected to be adept at managing and manipulating data

When it comes to business analysts, the following apply:

● Analytical skills: By virtue of their job role, business analysts need to be excellent at analysing data and immediately spotting significant information and leveraging it
● Technical understanding: though not as much as data scientists, business analysts are expected to understand databases, basic software and visualisation systems to interpret data
● Soft skills: Business analysts need to network and brainstorm with multiple key players, so they must have the necessary soft skills to work well under pressure

Business Analysis vs Data Science #4: Outlook

Business analysts are strictly organisation-centric, though their policies might have a national or global impact. They deal with strategies, alliances and networks a lot more than data scientists. The latter is more likely to be mathematicians and statisticians in their outlook, sifting through data to find salient patterns and outliers. Whether a finding is of significance to the business or not, is up to the business analyst. That said, the business analyst heavily relies on data scientists to collect and segregate data they can work with.

Conclusion

Despite the differences in tools and skills, it’s safe to say that both business analysis and data science deals centrally with data– the shift lies in where they stand in the operational process. If you’re confused between the two roles, its best to envision the type of work you see yourself doing. Would you rather be making business decisions or collecting and making sense of data? Are you people-centric or technology-driven? The answers to these questions will help you zone in on what career suits you the most.

Here Are Some Data Science Careers Which Are Enhancing Our Future!

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With the increasing reliance on data science by major corporations and the biggest brands, Data science is the prime focus of this decade. Data science is making our future better by enhancing our life in various ways and through various services.

There are different careers like data analysts, business analysts, and data scientists that one can pursue to contribute to this truly interesting field which has a huge effect on our lives and will affect our future in the years to come. Similarly, data science promotes and supports IT and the efficiency or effectiveness of businesses.

In this article, we will cover how data science is enhancing our future and the various respected careers with job roles that are highly in need of being filled. 

How Data Science is improving our future

There are a variety of ways that data science is improving our future; ranging from its applications in medical science to rapid accurate resolutions to troubled customers, data science is responsible for making our lives faster, safer, and smoother in general. For instance, data science is helping the health industry by allowing patients to be treated more effectively by analyzing historic data of patients.

It is also helping medical science by empowering chemical synthesization and simulating the effects of medication on affected individuals or allergies. Data science is increasing safety and cutting risk for us as well with applications in automated braking systems, AI in navigation, and automated cars, warning about industrial risks or any issue with the structural integrity of physical or digital units.

Data science makes our lives smoother by providing assistance in machine learning of customer care or service platforms which in turn give us rapid and precise resolutions. Data science powers the recommendation engines during shopping, social media and search or media recommendations by learning our behavior and global trends and then using AI to provide us suggestions.

Highly regarded Data Science careers valued by companies and the beneficiaries 

A data science course helps individuals acquire the necessary skills to contribute to this highly reputed and valuable field that works with data. 

Data Science JobsData Scientist – A data scientist helps while sourcing the data and then processing the data. Data scientists are experts in data mining and are responsible for removing the noise from the data, handling the data, modeling the data, and storing the data.

 

  • Data Analyst – Data analysts also engage in data mining, data cleaning, and then working on the data with various tools. Data analysts then analyze the data and then use predictive analytics to gain insights from the data with various tools and simulations with the help of the acquired data.
  • Data Engineer – Data engineers work with scripts for injecting data from various sources, they are involved in the modification of data, creation of data models and they work on the data with various programming languages. They also troubleshoot data problems and assist IT or software development projects.2. Business Analyst – Business analytics is highly used by organizations to gain insights from data, and then with their help, companies make business decisions based on the visual or graphical representations and predictive analytics which is backed by data. Business analytics helps businesses a lot by helping them make the right decisions which helps them cut costs or maximize profit while minimizing risk. 

 

 

  • Marketing Analyst – A marketing analyst uses analytics to find our market patterns and the user or target behavior to help companies accurately target ads and marketing promotions. Marketing analysts depend on data to figure out trends and target the relevant audiences. 

 

It is due to data science that we are able to enjoy the various forms of technology and automated or AI-powered services that are backed and powered by data science. An expertly orchestrated data science course can help in acquiring various job roles that are in need to be delegated to human assets trained extensively in data science. 

Are you a B.Com Graduate? Check out some career options after graduation here – Focusing on NMIMS Batch Launch

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B.Com or Bachelor of Commerce degree is a popular stream choice among students after 10+2. This degree basically prepares one for any job relating to finance, numbers, and in some cases, management. These are jobs in Banking, Taxation, Management or Business. Now, if you are worried about what to do after B.Com, then we will be discussing courses and career options.

The reality of the Job Market

Most students go for B.Com because it provides a lot of career options after graduation. A few more than other streams and some of these career options are definitely lucrative. But, the reality of the job market in today’s date is not as good as one might expect.

The truth of the matter is – one will not be able to get his/her dream job just after getting his/her graduation certificate in hand. His/her career after graduation will not soar if he/she doesn’t study a little more or take up a few extra courses after graduation.

Career Options for B.Com Graduates

There certainly are a few jobs that one can get just after he/she graduates out of college. A few of the jobs that are available after B.Com graduation are:-

Government Jobs: One can surely sit for exams like IBPS or UPSC to get government jobs in the banking sector or finance sector after the completion of his/her graduation degree.

Business Analyst CourseBusiness Analyst: Even though there are courses to be business analysts, some companies still look for fresh graduates as business analysts. People can amplify their skill sets along with gaining experience for their future endeavors.

Digital Marketing: Most of the time, this job requires certification in digital marketing. Still, most companies look for graduates in commerce for this job. So, anyone looking for a creative job after his/her graduation can surely take a gamble here.

NMIMS Courses

There are plenty of courses one can opt for after his/her graduation in commerce to get that dream job; and, the courses are like M.Com, MBA, CMA, CA, and B.Ed. But, NMIMS provides the best of new-age courses which can get people a future-proof dream job. Some of these courses are:-

NMIMS PGP in New Age Banking: The New Age Banking course is perfect for any new age banking job. It provides two certifications within a 2-year span and teaches all the necessary subjects to get its students ready.

M.Sc. Finance: Students are made ready for successful careers in risk management and capital markets through the course. Jobs in banking, mutual funds, fintech, and more are also waiting for students studying this course.

MBA: This course provides an option of specialization in finance, which means it can help one get a high-level management job in the finance sector if he/she has this degree.

Conclusion

There are many lucrative job opportunities after the completion of graduation in B.Com. However, you have to plan your higher studies properly to opt for a better stable job. The charming options provided by NMIMS can be a great way to a course through multiple options after B.Com.

What Do You See as the Key Strengths of a Business Analyst?

Posted on by Imarticus Learning

A business analyst is in demand in all kinds of companies. Businesses rely on these professionals to provide insights that will be used in decision making and running business operations. A business analyst course will help a person in understanding the nuances of the subject and in becoming an effective business analyst.
A business analyst is chosen based on different parameters. Make sure to brush up your skills before applying for s similar role.

Key Strengths of a Business analyst

Business Analysts are known for their professional and soft skills. They need to be ready for the hard work and time the job demands. Some of the major strengths of a business analyst are as follows:

  1. Identifying objectives: Business analysts are aware of the objectives of the business. Therefore, they work towards the goals set by the business itself. A business analyst knows how to do a job. Also, they know what kind of results have to be delivered.
  2. Good communication skills: A business analyst interacts with different stakeholders of business regularly. Therefore, he must communicate effectively. A good business analyst knows how to talk to people and getting the work done. A business analyst course will also help in understanding the kind of tone required.
  3. Strong reasoning ability: Business analysts are known for their acumen. Therefore, an ideal business analyst is someone who has strong reasoning ability and critical thinking skills. Also, these skills have to be brought in the day to day activities as business analysts manage huge data sets and points daily. Also, they have to extract a lot of information from these data sets. Good reasoning ability will help your cause. A business analyst course would help you with this.
  4. Time Management: Managing time is one of the most important strengths of a good business analyst. The work schedule of an analyst is quite hectic. He has to manage multiple tasks at the same time. Therefore, an analyst needs to manage time as the job role demands commitment and high work volume. Also, it is important for a business analyst to multi-task. The job demands a full commitment to the schedule.
  5. Good technical skills: Business analysts make use of different arithmetic models to come down to a conclusion. These models are developed for a better analysis of multiple data sets. Therefore, business analysts possess great technical and computer handling skills which makes their jobs much easier.
  6. Analytical skills: The work of a business analyst requires him to acquire analytical skills as analytics form a very important part of the job. Also, with good analytical skills, you can reduce the time taken by every activity. Also, a major part of the business analyst job is to crunch numbers and data. Therefore, a business analyst needs to make use of the different analytical tools to come to a conclusion or to even analyse the data in the first place.
  7. Decision-making skills: A business analyst is a respectable position in the company. They perform a pivotal role in managing the business. Also, a business analyst enjoys a great deal of autonomy. Therefore, he needs to make judicious use of his power and take decisions wisely. Also, these analysts are required to use their judgement in a lot of cases. Therefore, a good business analyst is most likely to have an impactful decision-making skill.

Conclusion

Business analysts are being demanded in all kinds of companies. They take up a professional approach to solve complex business problems. They play a very crucial role in running the business effectively and profitably.

Also Read: What is Life Like For a Business Analyst in India