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Business analyst actually translates client requirements into software requirements.
Business analyst vs consultant mckinsey. Many of the skills of both a business analyst and a business consultant are same but typically a ba is more of a technical expert while a business consultant is more of a financial expert. Both of those terms are very loosely used could mean almost anything and there could be some overlap in the functions. While analysts and consultants review business operations for their strengths and weaknesses.
In other developed countries the salary fluctuates around 80 000 while in developing nations such as india the number is roughly 25 000 30 000 profit sharing not included. Mckinsey boston consulting group bain. Mckinsey analysts in the us may earn up to 100 000 per year in salary with 88 000 base and 15 000 performance bonus.
For example the entry level position in consulting is called business analyst by mckinsey associate by bcg and consultant by oliver wyman. Mbb vs big 4. I assume the study is out of town this is often the case m th mckinsey people work at client.
A business analyst generally works on it projects to translate business user needs and requirements int. While the business analyst engage in analyzing and interpreting data to unearth weaknesses and problems and comprehend the. Business analysts and consultants overlap in many of their duties but differ primarily in one area.
He acts as a bridge between the client and software developers. Sometimes a business consultant is in a longer term relationship with their client acting as a mentor. In order to simplify this and hopefully save you a few headaches we ve put together a generalised set of role titles.
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