Business Analyst Course Online Certification | upGrad Campus (2023)

FAQs

Which is the best certification course for business analyst? ›

IIM Bangalore, IIM Ahmedabad, XLRI Jamshedpur, NMIMS University, IIM Ranchi, KIIT School of Management, etc. offer business analyst courses in India.

Business analysis is a lucrative and in-demand career field. Business analysts' reports are central to organizational decision-making — and their salaries reflect their value.

Applying for the CBAP^® requires 5 years (7,500 hours) of business analysis experience, as defined by the BABOK^® Guide. You must also demonstrate 900 hours of experience across at least 4 of the 6 knowledge areas.

The highest-paid business analyst job is a lead business analyst. Lead Business Analysts earn an average salary of $107,171, which is $ 51.52 hourly.

What is the highest salary offered as Business Analyst? Highest reported salary offered as Business Analyst is ₹59lakhs. The top 10% of employees earn more than ₹23lakhs per year. The top 1% earn more than a whopping ₹40lakhs per year.

Business analytics certificates on average cost around Rs 25,000 and master courses cost around Rs 4,00,000.

Contrary to popular belief, business analytics does not involve extensive coding, math, or knowledge of computer science. It's a great career fit for those who enjoy solving complex problems and offering practical conclusions based on real business data.

Business analysis is a varied and demanding career which utilises many skills including problem solving, relationship management and time management. It can be very satisfying but is NOT an easy ride.

How do I become a business analyst for beginners? ›

Yes, being a business analyst is a stressful job.

This is because their role is involved with looking at huge amounts of data, synthesizing it, and using that information to help their company make decisions. This can be stressful as a wrong analysis can have massive repercussions.

While the ability to program is helpful for a career in analytics, being able to write code isn't necessarily required to work as an analytics professional. Apart from the above languages, statistical software such as SPSS, SAS, Sage, Mathematica, and even Excel can be used when managing and analyzing data.

Typically, obtaining a bachelor's degree is the initial requirement to work as an entry-level business analyst. You might need to finish an advanced degree to pursue a career in business analytics at the management level or even higher.

Most business analysts work normally 9 to 5, they are not expected to be on call or away on the weekends, seldom are they asked to stay past office hours. This is impressive considering the median salary of $94,000 and the top 10% earn upwards of $150,000.

CBAP exam is one of the most sought-after certifications for Business Analysts, who have several years of experience and wish to validate that experience and knowledge base. CBAP exam is neither hard nor easy according to the exam takers, and industry experts. CBAP certification exam consists of 150 MCQ-based problems.

Yes, you can make $100,000 per year as a business analyst.

The chances of earning over $100k for a business analyst are actually pretty good because the highest-paid business analyst positions typically pay at least $106,000 per year. The average annual salary is $80,312 for business analyst jobs.

They can work full-time, part-time, freelance, or as independent contractors across a variety of career fields. And, because much of the business analyst role includes data analysis and visualization (think: crunching numbers and creating graphs and pie charts), in many cases, their work can be done remotely.

And on Salary Expert, the average business analyst salary is listed at 96,000. That puts business analysts with only a few years of experience within spitting distance of the six-figure club. Salaries for experienced business analysts can go much, much higher.

A business analyst role is not an IT job unless a business analyst chooses to specialize in the information technology industry. The title would then be an IT business analyst.

What is the salary of business analyst after 2 years experience? ›

Business Analyst salary in India with less than 1 year of experience to 9 years ranges from ₹ 2.7 Lakhs to ₹ 15.5 Lakhs with an average annual salary of ₹ 6.9 Lakhs based on 67.2k latest salaries.

Business analysts typically start their careers in entry-level positions such as business analyst trainees or business analyst associates. With experience, they may advance to positions such as senior business analyst or business process improvement manager.

So, an entry-level business analyst can earn somewhere between ₹350,000 p.a. to ₹400,000. A business analyst with 5–10 years of experience can earn up to ₹900,000 p.a. Once a professional has an experience of more than 10 years, then the salary may increase to over ₹1,500,000 p.a.

Even if you are a working professional, you can easily enroll in online courses and learn the concepts of business analytics. An online learning experience also comes with the following benefits: Learning at your own pace. Opportunity to connect with peers globally.

What Does an Entry-Level Business Analyst Do? Entry-level business analysts, or junior business analysts, support the collection and analysis of data for a business or organization, providing better solutions, technology integration, or systems improvements.

We discussed four key skills for an entry level business analyst and evaluated them with the perspective of a non-IT professional. These skills are not related to programming, but take a bit of time to acquire. So, it is completely feasible and possible for a non-IT professional to become a business analyst.

Business analysts may not need to know multivariable calculus or linear algebra, but they need to know applied statistics. Applied statistics uses statistical methods and tools such as R and Python to interpret data and solve real-world data analysis questions.

While data analysts need to be good with numbers, and a foundational knowledge of Math and Statistics can be helpful, much of data analysis is just following a set of logical steps. As such, people can succeed in this domain without much mathematical knowledge.

In short, the hard skills a business analyst needs are data analysis, computer and software fluency, and documentation. More specifically, BAs must know how to use Microsoft Excel and Tableau, know technical terminology, code in SQL, and code in Python & R.

Is there any exam for business analyst? ›

IIBA Entry Certificate in Business Analysis (ECBA)

Once you complete that, you can take the exam, which does cost a fee, and earn your certification. If you plan to eventually become an IIBA Certified Business Analysis Professional (CBAP), this is also the first step of your certificate.

How enjoyable is a business analyst's work environment? As a whole, business analysts rated their enjoyment of their work environment 3.4/5. A solid majority of business analysts enjoy their work environment, probably contributing to overall higher satisfaction with working as a business analyst.

Most business analysts work in corporate offices. They may be required to travel to other local, regional or international facilities, and attend off-site conferences and meetings. Business analysts typically work a standard a 40-hour week, but flexible hours and overtime may be sometimes be required.

A typical day for a Business Analyst

However, a typical day will consist of managing and attending team meetings, project planning, user story refinement, documentation management, and communicating proposed solutions to stakeholders based on the analysis you have undertaken.

Although those working in this field rely on many tools, platforms, and applications to handle data, one constant that nearly every Business Analyst uses is Excel. It's essential for Business Analysts to be adept at creating, formatting, and manipulating spreadsheets.

With big data and relational databases being the new norm for most companies, SQL knowledge is a prerequisite for almost any business analyst job.

BI and dashboards (Descriptive analytics)

Data analysts often use Python to describe and categorize the data that currently exists. They engage in exploratory data analysis, which includes profiling the data, visualizing results, and creating observations to shape the next steps in the analysis.

PMI-PBA is for business analysts who work on projects and programs and have project management experience in their career, where as in contrast, IIBA® looks at Business Analysis in a much broader prospective and covers activities that exceeds project and program and applies to the entire organisational involvement/ ...

The CBAP test is difficult to pass, but with the appropriate preparation and study strategy, you can easily pass it. The questions are based on applying the BABOK rather than memorizing BABOK subjects. A step-by-step CBAP preparation approach is recommended: Set a deadline for the exam.

Is IIBA exam hard? ›

Exams like CCBA and CBAP have questions that are lengthy and complex. Time management is the key skill to cracking the IIBA certification exams. There have been cases where people have struggled to complete the exam.

PMP exam costs $405 for members of PMI and $555 for non-members. In many companies, employees are offered the opportunity to earn professional certifications and education benefits. PMP certification costs INR 23,459 in India for PMI members and INR 42,863 for non-members.

The PMP exam is known for being hard, but PMI doesn't disclose specific statistics about the passing score or failure rate. Some project expert surveys estimate the failure rate at around 40-50%, meaning only about half of the first-time test takers pass the PMP exam.

For us, it is about 5%. We even hear participants who do not succeed even in 2nd attempt. How do we achieve a success rate 500% better than the industry average? We are with you till you succeed in CBAP.

A. We recommend 100 hours of study time, which can be reduced if you take a class like our CBAP Certification Prep class. The time you can devote to studying will determine how long that takes. Let's say you can spend 4-5 hours a week studying, then it will take approximately 6 months of studying.