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 as well as well-founded roles and missions. What was this job? We talk about it.
What is a Business Analyst?
The individual exercising the profession of business analyst (business analyst – rome code M1805) is in a way a functional consultant. He specializes in the study of the Information System (IS) of a company. In other words, he is a researcher in organization and computer science. This specialist is attached to the operational departments and to the Information Systems Department (DSI). Most often, it is found in large companies that hold several subsidiaries or activities. The TPI meanwhile, see him as an individual consultant.
What are its roles within a company?
His role varies depending on the company for which he offers his services. But basically, the business analyst deals with analyzing in detail all the needs of the organization. Whether material, IT, human, financial or strategic resources, the Data Analyst must ensure this. The objective is to guarantee the development of each organizational project. It also determines the objectives to be achieved as well as the commercial policy to be adopted. It is a great pillar for society.
The business analyst in his interface role
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 issues relating to his function. His intervention facilitates exchanges.
A project manager
The business analyst fully manages the activities of the company, from the placement of the actors to any production. In addition to planning his work, he shares the tasks of the teams, the follow-up of the stages and the proper implementation of the projects. In other words, he determines the missions of each, the strategies to adopt and the means to use. He prepares and controls the budgets, the schedule and the expected results. This leads him to be very attentive to the dashboard and the main performance indicators. He is responsible for informing 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 describes a database. This includes figures from salespeople, projections, management tools and dashboards. In short, it uses all the financial information for the sustainability of activities.
The business analyst: resource manager
If necessary, the professional can replace or supplement the resource manager. This time, his role will be to manage human resources essential to the development of a business project.
Focus on the missions of the business analyst
Its missions generally consist of collecting all the information essential to the company.
Establishment of specifications
The business analyst writes specifications to discuss the needs and make them known. More specifically, it inform on all projected costs and budgets.
Anticipation of cost evolution
Neither a decrease nor an increase in costs is good for the company. One of the missions of the business analyst is then to anticipate these developments. If not, appropriate action must be taken promptly.
Realization of the qualitative and quantitative study
The company is mainly based on the qualitative and quantitative study in the price ofe decisions. Therefore, the realization of 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 first have to drink excellent analytical skills, in order to ensure the follow-up requested by the company. Then a big versatility is necessary to carry out 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 relation with all the members of a society. He must be able to lead meetings, make summaries and talk to different interlocutors. From this also emerges the importance of the mastery of several languages. It should also be noted that an analyst must have great listening skills, incomparable diplomacy and infinite creativity.
But for what salary?
The company sets the salary of a business analyst according to his responsibilities and his sector. Therefore, it could vary depending on the size of the organization. In addition, it depends on the geographical location, which means that it is much higher in the Paris region than in the rest of France. Moreover, the first are minority. This means that the amount of salary depends only on the base salary.
Therefore, a business analyst receives on average between 40,000 and 50,000 euros gross per year, that is to say 3,300 to 4,200 euros per month. His monthly salary fluctuates Between 2600 and 3200 euros net. A beginner in the subject is paid around 2,000 euros per month. However, wage developments must 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 take to become one?
A business analyst sits between the IT department and the operational departments. Therefore, training technical (from major engineering schools), training in TradeFr finance or en computer science are the paths to follow to practice the profession. University degrees at Master 2 level are preferred. However, a business analyst should ideally have experiences successful in this. This is added to a great knowledge of the field, a great knowledge of the opportunities, the perspectives and the blocking factors of the profession. That said, 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 audit firms. It should be noted that some large companies that alternate this function are also interested in this profile.