Thursday, October 15, 2009

Can a Financial Analyst Do justice working as Sr Business Analyst

It really depends on how the individual organization implements these two roles. If the titles represent what I see as their role, then my answer is no.

One could conceivably gain the training/experience necessary to do the other, but these are drastically different roles.

A financial analyst is more of an accountant and may work with billing, reconciliation, etc.

A business analyst is geared towards requirements elicitation and related functions, working with the project team/project manager extensively and the customer/stakeholders.

However, other financial analysts analyze capital investment projects from a financial perspective, provide analysis of investments and investment alternatives, and provide advice to investors and brokers.

Google for "BABOK" which is the body of knowledge for business analysis. It will give you a clearer picture of what that role entails.

1 comment:

  1. Hi

    I like this post very much. It help me to solve some my work under my director’s requirements.

    Apart from that, below article also is the same meaning

    Financial analyst job description

    Tks again and nice keep posting
    Rgs

    ReplyDelete