A business analyst is a professional individual who studies an organization

A business analyst is a professional individual who studies an organization or industry domain and records of its business, systems, or processes, evaluating the organization’s operational structure or its integration with technologies. Generally, a business analyst helps in guiding organizations in improving organizational processes, products, services, or applications through detailed information analysis.

The main responsibility of a business analyst is to gather and analyze relevant data to derive key performance indicators (KPIs) for analyzing and making critical business decisions. An organization may seek the services of a business analyst to examine its present situation, or to improve its future prospects by coming up with realistic proposals for improvement. In order to serve as a business analyst, one must hold a degree in business administration or a related discipline such as finance, marketing, computer science, statistics, and operations research.

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A business analyst’s job is often complicated by diverse stakeholder groups within an organization, such as customers, suppliers, employees, and others, who have conflicting interests. As a business analyst, one should be able to understand the viewpoints of all stakeholders and coordinate with them to arrive at realistic proposals to resolve conflict. The job of a business analyst may involve the development of strategies to deal with these various stakeholder groups. A data scientist, on the other hand, is a specialist who uses scientific methods and data in analyzing and designing solutions to business problems.

Data scientists are often involved in problem solving, though not in the problem formulation. They usually make use of statistical techniques and methods to evaluate potential issues, make recommendations, and present findings in reports. Although business analysts perform similar functions as data scientists, they differ primarily in their focus and methodology. Business analysts can design strategic plans and organize tasks, while data scientists can analyze and interpret data and make recommendations. A data scientist may also work in teams with other business analysts to conduct experiments and collect samples.