BUSINESS ANALYSIS: AN IDEAL TOOL IN THE AGE OF
Speaking to an audience of about 200 management students today at a function organized in BIMTECH, Mr. Ken Fulmer, President and CEO, IIBA international, said that the exponential changes taking place in business can be well integrated with the tools and techniques of Business Analysis for better outcomes. IIBA delivers a suit of Business Analysis qualifications across the globe to corporates management and technology students. Mr. Fulmer complimented BIMTECH for being an early adopter of IIBA courses and for creating hundreds of business analyst professionals.
With a view to closing the managerial skill gap in India, IIBA would be partnering with NASSCOM in creating s specially designed course to be delivered to students of management and engineering colleges for creating an estimated 100,0000 business analyst professionals in three years who would find ready employment in the country. This would meet the skill shortage in business profession to an extent. There is also a proposal to create master trainers with help of management and technology institutions who in turn would train more trainers.
Mr. Ken added that such a professional qualification would not only improve employability but would also enable professionals to earn higher emoluments. A recent global salary survey showed that professionals with IIBA qualifications, in general, earned 11% more salary over those who did not have such a qualification.
In today’s world, strategy based on business analysis would be the ideal new business strategy, Ken said.
The IIBA delegation that was led by Mr. Ken Fulmer, President and CEO, IIBA International also had as members, Mr. Ashish Mehta, CBAP, Managing Director-India & APAC, Global Thought Leader at IIBA and Mr. Alain Arseneault, Director, Corporate and Business Development IIBA. The IIBA team held extensive discussions with the BIMTECH faculty in deepening their industry-academia collaboration in the future.