Franchise India Holdings Limited - Business Analyst - IIM

Business Analyst (Only IIMs Students)

Job Description :

The Role of the Business Analyst

- Monitor and forecast marketing and sales trends

- Measure the effectiveness of marketing programs and strategies

- Devise and evaluate methods for collecting data, such as surveys, questionnaires and opinion polls

- Gather data about consumers, competitors, and market conditions

- Analyze data

- Convert complex data and findings into understandable tables, graphs, and written reports

- Prepare reports and present results to clients and management

Required Skills Set :

Analytical skills : Market research analysts must be able to understand large amounts of data and information.

Communication skills: Market research analysts need strong communication skills when gathering information, interpreting data, and presenting results to clients.

Critical-thinking skills: Market research analysts must assess all available information to determine what marketing strategy would work best for a company.

Detail oriented: Market research analysts must be detail oriented because they often do precise data analysis.

The business analyst's primary objective is helping businesses implement technology solutions in a cost-effective way by determining the requirements of a project or program, and communicating them clearly to stakeholders, facilitators and partners.

Business analysts typically take the lead role in :

- Assisting with the business case

- Planning and monitoring

- Eliciting requirements

- Requirements organization

- Translating and simplifying requirements

- Requirements management and communication

- Requirements analysis

Skilled business analysts also use requirements to drive the design or review of test cases, process change requests, and manage a projects scope, acceptance, installation and deployment.

The goal is to master the skills needed to :

- Implement advanced strategies for gathering, reviewing and analyzing data requirements

- Prioritize requirements and create conceptual prototypes and mock-ups

- Master strategic business process modeling, trace ability and quality management techniques

- Apply best practices for effective communication and problem-solving

- Successfully compete for the most sought-after business analyst jobs

Salary Offered: 7 - 10 LPA