What is the scope for business analyst in India?

The salary of a Senior Product Manager in India with 5-9 years of experience can average around Rs 23 lacs. Business Analysts can directly move into functional roles in organizations; they can progress into roles like – Project Manager Information Technology, Project Manager, Software or Assistant General Manager.

Which industry needs business analyst?

Also, business analysts work across different industries, the top 5 being: Information technology. Finance/insurance. Government and public sector.

Is domain knowledge required for business analyst?

Domain knowledge is required for an analyst to understand the IT needs of an organization and its users. Without clear domain knowledge an analyst is a mere carrier of information from the customer to the developer team.

How can I get domain knowledge for business analyst?

It is not possible to gain the domain knowledge through certification. Domain knowledge becomes important for a practicing Business Analyst. It is a measure of your knowledge in that particular area. An entry level Business Analyst cannot replace the domain expertise comes with experience.

Which company pays highest to business analyst?

Tata Consultancy Services (TCS), Accenture, Computer Sciences Corporation (CSC), and Capgemini offer the are some of the top companies with the highest salary packages for Business Analysts. While the average annual salary at Accenture is Rs. 7,04,965, Capgemini and TCS offer around Rs.

Is business analyst a good career in India?

Conclusion. The business analyst career can be an excellent career opportunity for those individuals who have an idea of evaluating and analyzing data, developing solutions, handling numerous individuals while shining at IT. There is a great career opportunity for business analysts in India.

What are various business domains?

IT industry. Manufacturing. E-commerce. Online Services and marketing. Logistics and Supply Chain Management.

What is the future scope of Business Analyst in India?

Business analyst future prospects and the scope is ever expanding in India and across the globe. Today, most of the organizations rely on big data analysis to get valuable data insights. Hence, recruitment spree for big data experts is high.

What is the scope and opportunity in business analysis domain?

Not to mention the scope and opportunity are endless in the business analysis domain! As organizations are following data-driven analysis, so in most of the cases business analyst role is mixed up with data analytics which is going to play an important role for data security systems of an organization.

How many business analysts are there in India?

According to a LinkedIn article, India has at least 1.2 million business analysts and by 2020 India is pegged to have the highest number of business analysts. Some of the major sectors where Business Analysts have a promising start are retail, banking, healthcare, ecommerce, hospitality, manufacturing among others.

Is Business Analytics a good career option in India?

Business Analytics career in India has emerged as the preferred role of choice in IT and ITES industries. The Business Analyst is also required to support decision making roles with real-time analysis.