| As we know, businesses are of various kinds and | | | | a BA may not be in the position to use his |
| cater to many industries, across sectors. The | | | | technical know how in the occasion of no project |
| sectors could be pharmaceutical, health care, | | | | to use it on. In this case, his product knowledge |
| Insurance, finance, banking, mortgage, accounting, | | | | which relates to the field of working (could be |
| financial budgeting and controlling, bonds, medical | | | | Insurance, health care, pharmaceuticals, bonds, |
| insurance, etc. The fact remains that a Business | | | | fixed income products, or any other sector), could |
| Analyst ( BA )is needed in all sectors of business | | | | help him save his job. Also, if needed, he can also |
| and this is because every projects has an initial | | | | apply for other managerial level jobs in other |
| stage which needs handling by a good BA to | | | | companies in the same sector, since he does |
| make the implementation possible and smooth. So | | | | have the required information and knowledge of |
| irrespective of which industry we talk about, | | | | the working of the sector. This part of the job of |
| Business Analyst is always required and so this | | | | a Business Analyst can hold him in good stead |
| goes on to say that a Business Analyst will | | | | elsewhere too. Isn't that a great plus point for a |
| always find work somewhere and there are rare | | | | Business Analyst? If ever required, his knowledge |
| chances of him being out of a job. | | | | of the sectors he is involved in can help him get a |
| Having established that the future of a Business | | | | managerial level job in other companies in those |
| Analyst is relatively secured than other jobs, it | | | | sectors! |
| also shows that a Business Analyst could be | | | | A business analyst always has to know both sides |
| possibly secured from the economics of | | | | of the coin to be a good business analyst. By |
| recession, as seen recently the world over. Since | | | | both sides of the coin, I mean, knowledge of the |
| all businesses require thinking of new ways to | | | | working functional processes in the industry the |
| survive the recession and to keep their socks up, | | | | project is from, and the technical knowhow of |
| what is required is a complete analysis of the | | | | how exactly the project will be handled by the |
| business keeping in mind, the changed scenario in | | | | team of software developers working on that |
| economic terms, and the changed dynamics of | | | | particular project. Knowledge of the working |
| the supply and demand functions in the particular | | | | processes will help him understand the client who |
| sector. A business analyst is a person who is an | | | | is also the end user's expectations better and |
| asset in his organization due to his knowledge of | | | | knowledge of the technical know how will help him |
| both - the technical know-how that is known to | | | | understand the possible dilemmas of the software |
| the software developers of the field and the | | | | developers' team. This way he can draft the client |
| understanding of the sector dynamics as known | | | | expectations into the technical requirements more |
| to the management professionals in the field. | | | | efficiently. |
| In the scenario, of dearth of projects owing to | | | | So, no matter, how the coin flips, it lands safely in |
| scarcity of clients, ( a typical recession scenario ) | | | | his hands. |