Forums for the Business Analyst

 
  Modern Analyst Forums  Business and Sy...  General  About Domain Knowledge !
Previous Previous
 
Next Next
New Post 1/21/2008 9:41 PM
Resolved
User is offline pdte
21 posts
9th Level Poster


About Domain Knowledge ! 

Hello Team,

This is priyanka, I have around 2 years of development experience , and later worked as business analyst for 5-6 months but It was not specifically in one vertical(domain). Now due to some personal reasons , I have taken around a Month's Gap and would like to enhance my skills and would again go for Job. I wanted to ask how to gather domain expertise and considering my background which domain is prefferable, please make a note that it will be more of self study and not field exposure as I have already given up on job currently. I would like to know what certifications will be available at this stage of experience.

please Excuse me if this topic is discussed before, I am new to the site , I hope I am posting appropriate question in relevant area.

Please guide , your one word can help me a lot !

Thanks in advance,

Priyanka

 

 
New Post 1/22/2008 1:32 AM
User is offline Craig Brown
560 posts
www.betterprojects.net
4th Level Poster




Re: About Domain Knowledge ! 

Hi Priyanka

What do you mean by domain?

 

 
New Post 1/22/2008 2:00 AM
User is offline pdte
21 posts
9th Level Poster


Re: About Domain Knowledge ! 

Hi Craig,

What i mean by domain is "Vertical"

in Simple terms - Field/Sector in which you work/would like to work.

e.g. banking, Insurance, Telecomm, Retail, Pharmaceutical etc

Normally Job vaccancies specify domain required.

Thanks for reverting,

Priyanka

 

 
New Post 1/22/2008 10:59 AM
User is offline Chris Adams
323 posts
5th Level Poster






Re: About Domain Knowledge ! 
Modified By Chris Adams  on 3/3/2008 6:02:48 PM)
Priyanka,
 
In my opinion, domain knowledge/vertical industry knowledge is NOT what is most relevant in an analyst. When I interview and hire analysts I look for strong analytical skills and knowledge of various methodologies and industry best practices. The thought is that if you have a strong analyst, they will pick up the domain knowledge as the go. A good analyst needs to be able to extract requirements from areas they know nothing about. That’s why we talk to subject matter experts.
 
Granted domain knowledge is a benefit most of the time (though I have seen it be a hindrance since many analyst “think” they know the domain and make poor assumptions that they don’t verify), but its not a requirement for me.
 

With that said, pharmaceuticals/healthcare will continue to be a very hot industry for the next 10-20 years in my opinion. I also think banking/financial services will always be strong over the long run, though in the short term they are having a slump like everyone else.


Chris Adams
Core Member – ModernAnalyst.com
LinkedIn Profile
 
New Post 1/22/2008 1:33 PM
User is offline Craig Brown
560 posts
www.betterprojects.net
4th Level Poster




Re: About Domain Knowledge ! 

Although industry domain knowledge does seem to be important to recruitment firms.  It is something else that can put you head of the competition for the race to the interview...

Once you get to that interview though it's the analyst skills that are important.

 

 
Previous Previous
 
Next Next
  Modern Analyst Forums  Business and Sy...  General  About Domain Knowledge !

Community Blog - Latest Posts

I have always loved cooking. I learned from my Grandma June and her kitchen was her sanctuary, a small, warm sunlit space filled with jars of spices, stacks of cookbooks, and the comforting smell of something always on the stove or baking in the oven. Grandma June was as great a cook as she was a teacher to me. She never followed a recipe “to...
Now, I know, I don’t know what kind of new intro BPO may require, but at least I can promise you upfront that I have something different to say about Business Process Outsourcing or simply BPO. What is it? This hasn't been a call center job or a sales job as we all think. It is a mammoth profile, and firms are grappling to ge...
Leveraging Blockchain Technology for Enhanced Data Security in Business Operations
In an age where data breaches and cyberattacks are becoming more frequent and sophisticated, businesses are searching for robust solutions to safeguard their data. Blockchain technology has emerged as a promising tool in this quest, offering a way to secure data with unparalleled reliability. Although initially known for powering cryptocurrencies l...

 






 

Copyright 2006-2025 by Modern Analyst Media LLC