Business Analyst

Job overview
With the ever-quickening development of communications technology, commercial and financial transactions are increasingly conducted on an international basis. Huge amounts of money are exchanged across the world daily.

Consequently, multi-national companies and organisations, intent on making the maximum profit, want to gain as comprehensive an understanding as possible of this global economy.

What do people do in this job?
Business analysts try to track, measure and quantify important dealings which may have a bearing on their client?'?s business.

This involves acquiring and analysing the data of all companies and financial institutions connected with, or in competition with the client.

It also means being fully up-to-date on government policies in relevant countries, changes in tax regulations etc.

Besides analysing data, business analysts try to understand the mentality and capacities, the strengths and weaknesses of other business organisations.

All of this material is then made available by the analyst to his clients, in order to assist them in making the best possible business decisions.

What kinds of people are suitable for this career?
Business analysts need to be logical, analytical, realistic and able to distinguish rapidly between the relevant and the irrelevant in the masses of business and financial data available worldwide.

What qualifications are needed?
A sound education and training in the commercial and financial fields.

An MBA degree is nowadays considered essential.