How to Become a Business Analyst In Canada in 6 Steps

In few steps, this article will put you through how to become a business analyst in Canada!

Seeking Information on how to become a business analyst in Canada? This is your all-inclusive guide in securing employment with a Canadian business, company or organization as a business analyst.

It is without doubt that many establishments in Canada have great need of the services rendered by business analysts. As Canada has shortage of business analysts, foreign workers can apply through some programs to immigrate to Canada, and fill up these shortages.

Business analysts have good prospects in Canada, and are able to work for different kinds of businesses and companies. Their average salary per year is $73,256 Canadian Dollars.

You can surely apply for business analyst jobs in Canada no matter your nationality, i.e., being an Indian, American, Mexican, Nigerian, etc.

In this article, we’ll explore the steps to become a business analyst in Canada, including their job duties, prospects, employers, and more.

Who is a business analyst?

Business analyst is an individual who analyzes products, services, systems and procedures in order to facilitate effective decision-making on behalf of businesses via data analysis.

It is necessary for you to have completed a Bachelor degree program in business administration or in an IT field before you can work as a business analyst in Canada. Having practical work experience is often required as well.

Moreover, the skills possessed by business analysts are applicable to many other occupations such as data scientists, systems analysts, business architects, process analysts, product managers, as well as management consultants.

Business analyst is an occupation under NOC code, “2171”, i.e., Information systems analysts and consultants. It is also a NOC Skill Level A occupation as university education is mandatory to candidates.

Job responsibilities of business analysts

While thinking of how to become a business analyst in Canada, you must also consider their job duties and responsibilities to Canadian businesses.

These include:-

  • Creating budgets and forecasting for the business
  • Speaking with clients to recognize and keep records of their needs
  • Design, develop, assess, as well as apply information systems solutions on behalf of the business
  • Recommend information systems policy, strategy and management to the business
  • Formulating an elaborate analysis for the business, as well as describing its problems and opportunities

Why is business analyst a good career in Canada?

Here are some reasons that prove business analysts to be among the best careers in Canada.

  • There are superlative prospects for business analysis in Canada.
  • Business analyst is an occupation in demand in Canada, which makes it easy for you to get employment in no time.
  • As business analysts are in demand across Canada, you are guaranteed of your job security since your skills and service is sough-after different kinds of establishments in Canada.
  • With an average yearly earning of CAD $73,256, business analysts is a lucrative job as they earn CAD $10,000+ than the earnings of many skilled jobs in Canada.
  • You can use your business analytic skills to work in Canada as a data scientist, systems analyst, product managers or management consultant.
  • Finally, business analysts can work in almost all types of businesses and organizations in Canada. These also include nonprofits and government agencies.

Steps to become a business analyst

The following steps will help you understand how to become a business analyst in Canada.

  1. Know your rudiments and job responsibilities as a business analyst
  2. Complete your first degree
  3. Enroll in a course in data analytics
  4. Acquire relevant work experience
  5. Build your résumé with more certifications
  6. Find business analyst job vacancies

STEP 1: Know the rudiments and job responsibilities of business analysts

The foremost step you need to take in becoming a business analyst in Canada is to get to know everything about being a business analyst. These include the required skills, professional certifications, and other things relevant to business analysts in Canada.

Such skills include attention to detail skills, project management skills, teamwork skills, critical thinking and analytical reasoning skills, problem solving skills, as well as effective communication skills.

STEP 2: Complete your first degree

Working as a business analyst surely requires having a Bachelor degree certificate in business analytics, data analytics, information systems, business administration, IT, finance, or in any other relevant field.

STEP 3: Enroll in a course in data analytics

Since majority of businesses operates online, they have to deal with a chunk of data, which requires data analysis skills to analyze and utilize them for decisions.

To become a business analyst for a Canadian employer, you may also have to undergo a course to help you gain ample knowledge about data analysis. During the course training, you’ll be opportune to collaborate in projects where you can implement your data analysis skills.

STEP 4: Acquire relevant work experience

To work in Canada as a business analyst, you need to have a practical work experience. This should be after completing a Bachelor degree at the university. An easy way to get this work experience is to volunteer at a start up or in a mid-sized business.

Besides, you may apply for entry-level job positions.

STEP 5: Build your résumé with more certifications

Even though a Bachelor’s degree is the minimum requirement to become a business analyst in Canada, you should consider building your résumé with a post-graduate program or earning a professional certification.

This is because Canadian employers place more regards to job applicants who express themselves as professionals. You can either enroll in a Master’s degree program or obtain a professional certification in disciplines like data analytics or project management.

Examples of these professional certifications include IIBA’s Entry Certificate in Business Analysis™ (ECBA™) exam, Certification of Capability in Business Analysis™ (CCBA®), Certified Business Analysis Professional (CBAP®) – IIBA, among others.

STEP 6: Find business analyst job vacancies

Generally speaking, the best ways to secure business analyst jobs in Canada are through job boards and employment agencies. Job boards are websites that employers use to post their job vacancies for people looking for jobs to see.

So, you can check your area for employment agencies near you, and request for their assistance in getting a business analyst job.

On the other hand, it is easier to find business analyst jobs across Canada by logging on to job boards like Indeed, Glassdoor, Monster, Workopolis, Government of Canada Job Bank, Jobillico, Robert Half, Jobboom, etc.

Top five (5) skills required by business analysts

Here are 5 top skills you need to possess in order to be adept in working as a business analysts in Canada.

  • Project management skills

Business analysts often need to handle many projects at the same time. This makes it necessary for you to possess significant organizational and project management skills. You also need to be skilled in time management.

  • Critical thinking and analytical reasoning skills

Critical thinking and analytical reasoning skills is another requisite skill you need to become a business analyst in Canada. This involves making effective decisions in a critical manner using analysis.

  • Research skills

It is also mandatory for you to have research skills to become a business analyst in Canada. You need the skills to help businesses to discover its challenges and resolve them.

  • Problem solving skills

As a business analyst, you need problem solving skills to recognize business problems, as well as to solve them all.

  • Teamwork skills

It is without doubt that business analysts must collaborate with other members of the team/group. These include data engineers, software programmers, as well as human resources specialists.

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Frequently Asked Questions

The following are answers to some of the commonly asked questions about becoming a business analyst in any Canadian province or territory.

Who are employers of business analysts in Canada?

  • Intact, Quebec City, Quebec
  • Metro Vancouver, Burnaby, British Columbia
  • Royal Bank of Canada (Toronto, Ontario & Halifax, Nova Scotia)
  • Unity Technologies, Vancouver, British Columbia
  • SNC-Lavalin, Vancouver, British Columbia
  • StackAdapt, Toronto, Ontario
  • CONTAX, Charlottetown, Prince Edward Island
  • Capital One, Toronto, Ontario
  • Covers, Halifax, Nova Scotia
  • Equitable Bank, Toronto, Ontario
  • Canada Life Assurance Company, Winnipeg, Manitoba
  • Mediagrif, Longueuil, Quebec

What skills do I need to become a business analyst in Canada?

  • Effective communication skills
  • Attention to detail skills
  • Project management skills
  • Research skill
  • Technical skills
  • Teamwork skills
  • Critical thinking and analytical reasoning skills
  • Problem solving skills

How much do business analysts make a year in Canada?

On a yearly basis, business analysts earn an average salary of CAD $73,256 in Canada.

What is the average salary of business analysts in Toronto?

In the city of Toronto in Ontario, business analysts make an average salary of $69,854 Canadian Dollars every year.

How much is the average salary of business analysts in British Columbia?

On average, business analysts earn up to $64,000 Canadian Dollars in British Columbia on a yearly basis.

What professional certifications are available to business analysts in Canada?

  • IIBA’s Entry Certificate in Business Analysis™ (ECBA™) exam
  • Certified Business Analysis Professional (CBAP®) – IIBA
  • IIBA Certification of Capability in Business Analysis™ (CCBA®)

Conclusion

Working as a business analyst in Canada is indeed profitable, and has significant prospects. You can definitely build a reliable career in this field, working with any of the varieties of businesses and organizations in Canada.

Finally, we hope you enjoyed the read, as well as understood all that you intended to know. Thanks for reading!