What are the basic requirement for business analyst.

For understanding requirements for business analysts, understanding BA experience is the best way. Business Analysis is the task of understanding business needs, assessing the business impact of those needs, capturing, analyzing and documenting requirements, supporting the communication and delivery of requirements with the stakeholders.
The essence of Business Analysis is finding out ways to get what’s in a stakeholder head out and on a whiteboard where it can be modeled in such a way that everyone can understand and used to establish a shared understanding among the shareholders. Focusing on the essence of Business Analysis leads to new opportunities and put the team in a position to be successful.

Steps to be an effective Business Analyst:

-SDLC Methodologies – BA should have a detailed  understanding  of  4 basic Software development methodologies. i.e. Sequential, iterative, Evolutionary and agile.

-Knowledge of business processes – Understanding how different parts of a business operate and how they are interconnected is crucial for a business analyst.

-Stakeholder analysis – Understanding stakeholder  is  very essential and important part for business analyst for  requirement gathering and for coordinating with teams.
-Communication – Better understanding of client’s language is the most desirable skill in Business analyst. It builds interpersonal skill and helps in collecting proper information from clients.
-Discover business objective – Getting agreement on business needs early is a quickest path to the successful project.
-Define Scope – Scope makes the business need tangible so that all the team members can envision the contribution.
-Doing SWOT analysis, BPM,  feasibility study, risk analysis, GAP analysis, enterprise analysis,etc.
-Define the detailed requirements using elicitation techniques.
-Support the technical teams while coding and testing i.e. developers and testers.
-Implement the solution – Making of  BRD and FRS is key working for creating solutions for  the client. Making of  SRS document with the help of SSD and FRS documents.
-Making of Traceability Matrix – To create a positive momentum within the organization by keeping track of successful projects, RTM is the best way to understand project status which is created by BA.

The Business Analysis success is
-Seeing a solution you had a part in delivering solved problems with a positive impact.
-Appreciation for the contribution and recognition from the peers.
-Trusted adviser relationship with the business and delivery stakeholders.
-Being personally requested for upcoming projects.
-Opportunities for growth and satisfaction in very initiatives.
-A career path with new challenges and responsibility.