Today’s business landscape is rapidly evolving, where adaptability and diverse skill set are invaluable assets. Here, business analysts use accurate data analytics to form insights and recommend profitable changes for the company. They help identify organizational issues, including IT processes, structures, and other staff developments.
So, can a commerce student become a business analyst? If you are intrigued by data-driven decision-making and strategic planning, then business analysis can be a great career option for you.
Business analysts closely collaborate with stakeholders like business leaders, developers, and other end users to ensure that the projects align with the organization’s objectives and measurable values. They blend analytical skills, financial expertise, and business knowledge. This blog will disclose the exciting transition from Commerce to a BA role.
A business analyst looks after an organization’s business processes and finds ways to optimize the same for better productivity. It includes identifying opportunities for improvement and translating business requirements into goals for IT projects. Moreover, these analysts perform a multifaceted role involving analyzing data and systems and collaborating with several stakeholders so that different initiatives and changes align with the business goals.
The key responsibilities of business analysts include:
Here are some relevant BA skills development from Commerce that Commerce students already know:
In addition, to become an impactful business analyst, it is essential to recognize and fill the gaps in skills. Let’s see the business analyst learning path:
Data is one of the crucial assets of practical business analysis because it helps in decision-making, identifying trends, and delivering insights. Students should learn the following:
Students or professionals should understand the sector’s context, challenges, and opportunities in the following ways. It helps in building credibility with several stakeholders.
Strong communication skills help business analysts manage conflicts, negotiate solutions, and foster collaboration among diverse teams. Master the following:
Data tools empower business analysts to extract meaningful information from raw data, enabling informed decision-making and providing valuable support to organizations.
Excel is the foundational tool for business analysts because it helps create graphs or charts, organize information, and manipulate data. Excel functions and formulas relevant to data analysis include:
Pursuing a Formal Degree in Business Analytics
Manipal Academy of Higher Education, or MAHE, offers an online MSc for students or working professionals. It provides advanced knowledge in statistical analysis, data mining, predictive modeling, machine learning, data visualization, and business strategy.
As the demand for business analysts is rising, it opens doors to different roles like data analyst, business intelligence analyst, data scientist, or managerial roles with expertise in data-driven decision-making.
This course offered by MAHE is a specialized program to equip individuals with the knowledge of data analytics for making informed business decisions. It relies on data collection or cleaning, statistical analysis, predictive modeling, etc. The business analyst certification course also focuses on business strategy, problem-solving, and the ethical considerations of data usage.
Benefits of formal education in business analytics:
Drawbacks of formal education in business analytics:
Online Courses and Bootcamps in Business Analytics
When selecting an online learning platform, you must consider the platform’s reputation and accreditation, fees, course quality, mentor support, learning format, flexibility, and reviews and ratings.
Also read: Data Analyst vs Business Analyst
The Master of Science in Business Analytics (MSC-Business Analytics) helps individuals thrive in the data-driven business world. People from a commerce background understand business operations and management but need more analytical skills. The program teaches advanced quantitative and statistical techniques. With a master’s degree, individuals can become data analysts, business analysts, marketing analysts, operations analysts, or management positions.
A business analysis career switch from a commerce background helps individuals take a pivotal step toward a successful and rewarding career. MAHE’s program accelerates advanced quantitative techniques and data expertise, bridging the gap between business theory and data-driven decision-making. Business analysts have become an asset for various industries for their ability to extract valuable insights. Therefore, embrace this transition, and you will thrive in a rapidly evolving business world.
Information related to companies and external organizations is based on secondary research or the opinion of individual authors and must not be interpreted as the official information shared by the concerned organization.
Additionally, information like fee, eligibility, scholarships, finance options etc. on offerings and programs listed on Online Manipal may change as per the discretion of respective universities so please refer to the respective program page for latest information. Any information provided in blogs is not binding and cannot be taken as final.
Become future-ready with our online M.Sc. in Business Analytics program
CourseMaster of Business Administration
Bachelor of Business AdministrationBachelor of Computer ApplicationsBachelor of CommerceMaster of Computer ApplicationsMBA- Banking and Financial ServicesMaster of CommerceMaster of Arts in Journalism & Mass CommunicationMSc Data SciencePGCP in Data Science & Machine LearningMSc Business AnalyticsPGCP Business AnalyticsPGCP Logistics and Supply ChainBachelor of ArtsMA in EnglishMA in SociologyMA in Political Science
InstitutionManipal University JaipurManipal Academy of Higher EducationManipal Institute of Technology
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Bachelor of Business Administration (BBA)
Manipal University Jaipur