Domain Knowledge For Business Analyst
Majority of software companies will not work on all domains.
Domain knowledge for business analyst. 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. 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. E commerce is a big domain for business analysts.
Just like banking domain knowledge is crucial for the banking business analyst insurance domain knowledge is important for the insurance business analyst. Domain for business analyst will be like e commerce banking finance crm auctions health care logistics supply chain etc. Some other are energy sector hospitality it systems of hotels are fairly advanced human resources contact cente.
Let us observe what is domain knowledge when you are reading the job description of business analyst most of the companies will mention as domain knowledge is mandatory. Domain knowledge becomes important for a practicing business analyst. However as a practicing business analyst domain knowledge becomes important.
We may think what domain knowledge is and how it is. Insurance domain knowledge helps you establish credibility with insurance business users from the front line agency staff through to the policy administration and claims personnel. Business analysts are needed in every industry.
Ok next up if you re in quadrant 3 you will have strong banking domain skills but may be weaker in business analyst skills. The business analysis domain is unsurprisingly the distinguishing skill knowledge domain for a business analyst. An entry level business analyst cannot replace the domain expertise comes with experience.
From manufacturing to banking. 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. It is a measure of your knowledge in that particular area.