Business Systems Analyst Salary, Training & Job Requirements
Different views surround the need for Business Systems Analysts (BSAs) in the market. Some say more people are needed in this line of work, some say they are not. There is of course a difference in demand between countries and industries. The truth is that companies have grown globally over the years and, so has the demand for these specialists. Global statistics show that demand will rise still, albeit slowly through 2014. The different graduate backgrounds allowed into this field make it quite competitive. To be successful, candidates must have degrees in disciplines mentioned in point no.1 of training requirements, as well as technical knowledge or experience of features of IT listed in training requirements point no.2. However, for successful candidates this field is very profitable. Salary packages offered to BSAs are very lucrative and can also give an indication of demand in the country. Currently, BSAs are offered the following per annum salary packages (excluding bonuses):
US: USD 48,880- 73,443
UK: GBP 32,500- 50,000
Canada: C$ 52,155- 74,775
Australia: A$ 98,077-118,304
BSAs provide systems efficiency, cost effectiveness and design to help a company’s Operations, IT, Finance or Product Development divisions. It is important for people working in this field to have extensive knowledge of their client’s work and the industry in which the business competes.
Training requirements for BSA vacancies are divided into those that a candidate must fulfill to be considered for employment and, those that give people in this line of work a competitive edge. Given below is a list of essential training and job requirements:
1. The education requirement differs based on the company’s background. If the company has scientifically directed operations, degrees in physical sciences, mathematics and engineering are preferred. Whereas, companies with a business background require formal education or knowledge in accounting, business management or economics.Although Bachelor's degrees are advertised in the job requirements section, Masters in Business Administration and Masters in Information Systems are also highly regarded for this position. Previous experience working in such a position might be considered where candidates do not have the required qualifications.
2. Candidates should have achieved experience and knowledge in :
• Business systems analysis
• Information systems projects
• Use of MS Office
• Data Modeling
• Software engineering principles
• UML/XML nomenclature
• Web service technologies
3. BSAs are also required to have a strong command of basics in their field so that they can use their expertise to solve different problems.
4. A very basic point most employers focus on is that candidates should be interested in continued professional development, through education and learning of new skills. Keeping knowledge up to date is especially important in this field and, analysts are required to undertake professional training or courses to develop new skills for at least one week every year.
Personal qualities that are vital for this role include the following:
• Candidates must have excellent communication skills. This job involves not only understanding complex ideas but also conveying them to people who are not quite as experienced in this particular area. They have to be persuasive in their approach to convince clients.
• Ability to network with others in their field, coworkers and outsiders alike, to stay on top of new trends and information. Build workable relationships with clients in order to help them as best they can.Help coworkers and subordinates to properly and effectively utilize resources available to them.
• Ability to communicate the company’s objectives to coworkers, assessing their performance and handling complications that arise in the work place.
• Time management and constant performance monitoring of self and others.
• Ability to liaise efficiently with coworkers to delegate jobs to others so that everyone works to specific timelines and achieves the project’s objectives cost effectively.
• Ability to critically analyze situations and provide appropriate solutions using resources efficiently.
• Excellent problem solving abilities are required to deal with challenges that arise in the course of a project or daily operations.
There are large numbers of training and skills requirements that can give candidates a competitive edge in this field. It is difficult to list all of them in one article because they vary between sectors, countries and the positions of companies in their respective industries which keep changing. Most of these require common sense and good management and networking skills. However, the more knowledge candidates have of different aspects of information systems through certifications in IT apart from a good Bachelor's degree the better.