According to industry reports, Business Analysis is a rapidly growing field that has emerged as a promising career option. As a result, it is a highly sought-after skill.
A business analyst is responsible for a company’s strategy, offerings, revenue, and margin. In addition, the role of a business analyst acts as a link between business stakeholders and technology architects.
Business analysts help organizations understand their problems and goals, analyze needs, develop change strategies, work with the stakeholders, and advise them to improve efficiency, finances, and other aspects of the business.
Getting certified as a business analyst can provide them recognition at work, improve their BA knowledge, and demand higher pay. In short, a BA certification can help increase your chances of success.
These are the five main reasons why a business analysis should get certified.
Research shows that certified business analysts are more likely to earn more and get better jobs. Job security is essential in today’s competitive and uncertain job market. Certified business analysts have an advantage over those not certified. Certified BAs are more likely to pass the screening process during a job search. Interviewers and hiring managers know that clearing these exams and preparing for them is not an easy task, thus, showing their commitment. This shows their seriousness about their career.
In addition to having more job opportunities, certified BAs earn higher salaries than non-certified BAs. Statistics over the years have proven this fact. For example, business2Wire reported that certified BAs experienced an increase in pay of about 20% and 40% on average.
Glassdoor.com reports that the average BA in the United States of America earns over $77,712 per year, while the average individual’s annual salary, according to the US Census Bureau, is $34,940.
The top companies worldwide prefer to hire business analysts with internationally recognized certifications such as CBAP, CCBA, ECBA, etc., because of their expertise and business analysis skills.
Certified business analysts have a more comprehensive view of the BA tools, techniques, and approaches. A business analyst learns multiple approaches to solve a problem while pursuing certification. During the certification, BAs also learn various business analysis concepts. This knowledge is deemed invaluable to the organizations. Being certified and using consistent terminologies throughout the domain is a great way to keep up with the BA world.
Recognition from Peers and Management
Since clearing the BA certification exam takes dedication and hard work, future employers, coworkers, and peers consider them highly qualified professionals. They are respected as professionals with high levels of commitment and those who take their careers very seriously. These people are regarded as highly competent and are offered better opportunities. They also get to participate in highly valued projects and help ensure the project’s success. Thus, certifications can simply be regarded as a ‘badge of excellence.’
Confidence in Work
In addition to tangible benefits offered by the BAs, they also provide some significant intangible benefits. Business analysts feel more confident about their abilities because of the recognition and vast knowledge they acquire. The BA can work more efficiently due to this increased confidence.
A business analyst is one of the most valuable assets for an organization. Therefore, getting certified as a business analyst is an essential tool for keeping up with the rest of the industry and being a valuable asset to the company. In conclusion, a certified BA acts as a market leader in skills and salary.
Author Bio: Ann P
Ananya’s mission is to help business analysts to build successful professional careers. She has touched the lives of 5000+ Business Analysis professionals in their skill development journey and helped them unleash their true potential and leverage it to achieve their dream careers. She co-founded Adaptive US, a Business analysis skill development organization working with professionals from 80+ countries to skyrocket their BA career and stay ahead of the game. She is a strong supporter of encouraging women’s workforce in technology and bringing women back to work after long career breaks. 70% of Adaptive’s workforce is working moms who have been brought back to work after a career break due to family and other priorities. She is enthusiastic about fitness, a regular runner, and takes a keen interest in imparting value-based education to children, building a greener and healthier world.