A domain is nothing but the area where the business analyst works in the industry.
Naturally, if you are working in some industry, it is important to have the knowledge of business processes related to that industry.
Suppose a person is working in the IT industry, then he must possess the knowledge of the project development life cycle, different models of software life cycles, requirement gathering, planning, resource allocation, tools to be used, coding, testing, UAT (user acceptance testing), and finally successful delivery of the project.
Until and unless a person is not aware of these steps he may not able to gain the expertise in his area. The roles and responsibilities of the business analyst may vary from domain to domain. There are several domains where the business analyst can work.
- Banking, Finance Services and Insurance
- IT industry
- Online Services and marketing
- Logistics and Supply Chain Management
Expertise always comes with a better understanding of the domain. The better understanding of the business, the more positive results in terms of gain. A business analyst role in the company needs to analyze the requirement, and decide how can it better developed with the given budget. So it involves analysis, decision-making skills, and effective communication which can be well communicated with the organization’s stakeholder.
It is also important that, at what level you have started your carrier as a business analyst. If you are an entry-level business analyst then it will take some time for you to gain the domain knowledge and there will also be fewer expectations fro your management. At this level management expects you to analyze more than reporting.
Based on the analysis you have to take a few decisions and gradually keep showing improvement in the work.
If you are started as a professional with experience then your domain knowledge will be considered as an additional qualification.
In BACentric we provide hands-on experience for all types of domain-based projects.
We are providing Business analyst training and placement assistance with certificate in multiple locations across India and USA. Contact us for more details