Domain Knowledge Business Analyst

Business process modeling business case construction swot analysis etc.

Domain knowledge business analyst. Banks are now looking for bas with banking domain skill sets they should understand a broad area of banking pretty well e g. Domain knowledge grows with time spent on domain specific projects and it being dependent on the nature of a project that a business analyst is found to be working with. The market is asking for more my clients i e. It is a measure of your knowledge in that particular area.

It includes those skills and techniques typical of the business analyst ba job description and that set the ba apart from other roles typically project managers on one hand and designers or solutions architects on the other. The business analysis domain is unsurprisingly the distinguishing skill knowledge domain for a business analyst. An entry level business analyst cannot. The good command over the domain resolves many issues before it could even reach the development team to debug as the business analyst could say this how it is being designed as per the market.

Project managers should know project management plus a bit of management plus a bit about the industry they are working on and for anyone involved in it plus a bit about software development. Banking business analyst skills gone are the days when a business analyst can get by with just pure ba skills e g. Majority of software companies will not work on all domains. Domain knowledge is a measure of your experience and that is not replaceable.

Ok next up if you re in quadrant 3 you will have strong banking domain skills but may be weaker in business analyst skills. Domain knowledge straightens many verticals and improvise efficiency quality and revenue generation by the business analyst. Domain for business analyst will be like e commerce banking finance crm auctions health care logistics supply chain etc. It includes those skills and techniques typical of the business analyst ba job description and that set the ba apart from other roles typically project managers on one hand and designers or solutions architects on the other.

However as a practicing business analyst domain knowledge becomes important. Business analysts like it project managers should have a couple of knowledge domains under their belt. The business analysis domain is unsurprisingly the most important skill knowledge domain for a business analyst. This begs the question if it is really important for a business analyst to focus on a specific domain or if it makes more sense to switch between domains.

What s useful here is for you to leverage your banking industry skills focus on your knowledge of banking processes and operating models from front to back office.