The term ‘business analyst’ refers to more than just a designation. People often consider it a mindset and a structured process implemented in different positions within an organization. It is more of an approach of actualizing things right from realizing the business need to the final execution. If you are looking for a career that will allow you to be tech-savvy and utilize your business acumen at the same time, then a business analyst is the right role for you.
Business analysts act as a bridge between the business and clients and immerse themselves into the market to comprehend business problems and identify innovative solutions for them. They dive into the complex relationships that drive the business world and find meaningful insights that lead to better decision-making. Many people know the basics of business analysis but find it quite challenging to become proficient business analysts. This doesn’t mean the field is not fascinating, it only means you need to be more prepared. This is where the need to pursue a CCBA Foundation course crops up.
Haven’t heard of CCBA yet? Well, it is a credential administered by the International Institute of Business Analysis (IIBA) that paves the way to a successful business analysis career. Read on to find out more about the CCBA certification and how you can secure your future with this certification.
CCBA Certification – What is it?
The Certification of Capability in Business Analysis or CCBA Certification in Portland, offered by IIBA, demonstrates that a business analyst is capable of working effectively with stakeholders, modeling business processes, and identifying and assessing opportunities for better business outcomes. By getting CCBA certified, one can verify their ability to handle larger or more complex projects without much difficulty. Apart from business analysts, the CCBA credential is valuable for product managers, non-BA consultants, trainers, project managers, quality assurance professionals, testers, change managers, and designers.
To achieve this valuable certification, you need to fulfill certain eligibility criteria and pass the rigorous CCBA exam. The exam involves 130 multiple choice scenario-based questions to be answered in 3 hours. The questions are based on the Business Analysis Body of Knowledge (BABOK) Guide.
The CCBA exam tests your skills in the following knowledge areas:
- Business analysis planning and monitoring
- Elicitation and collaboration
- Requirements life cycle management
- Strategy analysis
- Requirements analysis and design definition
- Solution evaluation
The CCBA exam is offered as an online remote proctored test that requires a candidate to have a computer system, a working webcam, an internet connection, and a microphone. As part of the eligibility requirements, you need to possess at least 3750 hours of work experience in business analysis in the last seven years. Completing at least 21 hours of Professional Development within the last four years, agreeing to the Code of Conduct, and providing references also need to be fulfilled.
Why achieve the CCBA?
According to the US Bureau of Labor Statistics, business analysis occupation is associated with a growth rate of a whopping 14% from 2014 to 2024, quite higher than the average growth of other professions. If we take a look at LinkedIn’s report ‘The Skills Companies Need Most in 2020 – And How to Learn Them,’ you will come to know that business analysis made the most significant jump of all other listed skills. This skill is recommended for every professional as it helps in making more informed decisions.
Here are some of the insights from the 2021 Global State of Business Analysis report:
- Business analysis professionals who hold at least one IIBA certification earn around 12% higher salaries than their non-certified peers.
- The global average salary of business analysts is $88,615.
- The top industries that hire business analysts are information technology, banking, consulting, government, and healthcare.
- The five best industries that pay higher salaries to business analysts are professional services (consulting), manufacturing, healthcare, energy and utilities, and banking and finance.
How Does a CCBA Foundations Course Help?
Passing the CCBA exam isn’t a piece of cake, you need to work hard and achieve the certification. If you are a working professional, then taking out dedicated time for the preparation may seem overwhelming. So, a CCBA Foundations course is the right place to get started. There are a number of training providers that offer CCBA training. You can choose the one that aligns with the standards of IIBA. Now you can easily look for such a training provider as IIBA has an entire list of its Endorsed Training Providers offering classroom or online courses.
Well, you may otherwise consider independent study as a better option rather than going for a training course. However, we mentioned earlier that there is an eligibility criterion for CCBA certification that a professional should complete a minimum of 21 hours of Professional Development within the last four years. It simply means that it is mandatory for you to attend 21 hours of formal business analysis training, preferably through an IIBA Endorsed Training Provider. So, it is better to take an online CCBA foundations training program and learn all the major concepts of business analysis.
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So, when are you pursuing the CCBA certification and taking your career to new heights?