Introduction to business strategy as a career
In a business strategy world, mere academic qualifications will not get you through the toughest of the ranks. It always requires a blend of communication, foresight, excellent strategic skills, a deep understanding of business terminologies, and of course a constantly upgraded knowledge base. This becomes vital in exponentials when you are applying for large companies in the world.
The career path of a business strategist or a business consultant is undertaken at the associate level and reaches as far as a principal consultant in a small-size consulting firm, and also multinational corporations with strategic roles or globally distributed operational business units in large technology companies.
Qualifications needed for business strategy
The skills that are considered to be extremely important by industry experts in this field are:
- A highly analytical mind-set
- Strategic planning skill
- A high degree of Problem-solving skills and aptitude
- Proficiency in understanding enterprise mission statements and terminologies
- Leadership skills
These skills can be studied in depth by earning business strategy certifications.
Role of business strategy certifications
Certifications can help students and potential business leaders to quickly validate, and gain valuable competencies and know-how in a domain that will enhance their career beyond imagination. Business strategy certifications add value to one’s professional resume/CV and help them to convince their employers of their upgraded skills and capabilities to work efficiently.
In this article, you will read through the best business strategy certifications to earn that can help you seek exceptional growth in a global strategy and leadership career.
Project Management Professional (PMP)
The PMP certification offered by the Project Management Institute (PMI) is the world’s leading project management certification. It is an industry-recognized certification designed for project managers. With it, you can increase your chance of hiring and better salary prospects.
- Candidates will have to pass an online exam of 200 multiple-choice questions without the assistance of reference materials.
- The topics covered in this exam are project planning, project implementation, and monitoring projects.
- To earn this certification candidates are required to have some prior experience in managing projects, at least an undergraduate degree, which includes an associate’s degree, and 35 hours of previous project management education.
Associate Business Strategy Professional (ABSPTM)
If you are a graduate student seeking to be a business strategist then the ABSPTM business strategy certification offered by The Strategy Institute (TSI) can help you stand out in a crowd of applicants for the best assignments and employers. This is one of the most preferred certifications in business strategy globally today. This certification is ideal for graduating MBAs but is equally relevant for students majoring in almost any professional discipline, including sales, finance, technology, healthcare, and pharmacy.
Your business strategy and knowledge by earning the ABSPTM certification can differentiate you from your peers and prepare you for accelerated growth in your workplace. Here are the highlights:
- The participants who complete this program registration will get a printed copy of the business strategy handbook to prepare for exams with additional learning material shared on the dashboard.
- Candidates passing this exam will get the ABSPTM digital badge which can be mentioned on resumes.
- A printed certificate and lapel pin will also be provided to the students who pass this exam in a credential box.
Certified Business Analysis Professional (CBAP)
The CBAP certification is offered by the International Institute of Business Analysis (IIBA). It is intended for students and potential business strategists who have an interest in evaluating businesses and coming up with solutions to fit their requirements. To earn this business strategy certification, one will require at least a few years of prior experience working in business analysis. Specifically, the requirements for this certification include:
- 35 hours of professional development
- At least 7,500 hours of business analysis work experience
- Two references
The topics covered during this program are strategy analysis, business analysis planning, solution evaluation, and life cycle management. The exam consists of 125 multiple-choice questions and should be completed within 3.5 hours.
