Five job roles to consider after completing a Diploma in Business Analysis: Data is used across businesses of all sizes to assist with the tracking of sales and performance. Besides introducing new products and services and encouraging data-driven business decisions, data analysis also allows businesses to reach optimal performance and maintain a competitive edge. As a result, the demand for business analysts has sky-rocketed, particularly in international businesses. Below is a list of career options that you could consider pursuing after completing a business analysis diploma course.
IT business analyst
The popularity of the IT business analyst role is growing due to the increase in data collection and the rapid development of technology. This job role focuses on the strategic aspects of information technology in business, which may include development beyond IT and software. Besides developing stronger roles in the business process, it gives professionals the opportunity to work on more than one operating system. They specialise in assessing business goals and efficient internal corporate communication.
Data analysts are typically responsible for picking apart collected data, developing actionable insights and putting together pieces of the big data puzzle. Individuals in this role will be able to interpret data from statistics and machine learning whilst understanding the correlation between numerical trends and fully utilising internal resources.
Business analyst manager
Business analyst managers oversee a teams of analysts to ensure the development, implementation and collection of data. These professionals carry out research that support decision-making processes at a senior management level. Their other responsibilities include: improving data-driven projections, valuations and analysis, mentoring and training entry-level business analysts as well as encouraging open communication to enhance individual and team performance.
Quantitative data analyst
Quantitative data analysts develop, implement and present mathematical models to supports financial decisions on risk management, investments and pricing structures. The finance industry holds four job titles in the quantitative division: quantitative trader, quantitative researcher, financial engineer and quantitative developer. These professionals possess foundational knowledge in the fields of mathematics, economics, financial engineering and computational finance.
Data business analyst
Data business analysts possess a good knowledge in statistics, programming and research skills. These professionals handle large datasets to identify trends, develop charts and create visual presentations to assist in making business decisions.