IDEAS home Printed from https://ideas.repec.org/a/ist/ibsibr/v53y2024i1p61-80.html
   My bibliography  Save this article

Where Should a New Graduate Start? A Multi-Source Evaluation of the Banking Sector Business Analyst Signals in an Emerging Economy

Author

Listed:
  • Bünyamin Yasin Çakmak

    (Sakarya University, Faculty of Political Sciences, Sakarya, Turkiye
    Sakarya University, Faculty of Political Sciences, Sakarya, Turkiye)

  • Büşra Yiğit

    (Sakarya University, Faculty of Political Sciences, Sakarya, Turkiye)

Abstract

Many of the existing studies focus on aligning occupations with higher education curriculum. However, it is known that with the ever-changing technology, skill requirements are constantly shifting. This discrepancy between education and employer demands can make it difficult for graduates to prepare themselves for the labor market. Accordingly, this study aims to assess the business analyst profession and recommend key skills for new graduates. We begin by analyzing the business analyst job ads within the Turkish banking sector. The research benefits from the professional qualifications of business analysts (n=15) in the National Occupational Standard (NOS) established by the Turkish Vocational Qualification Authority (VQA), including opinions of expert business analysts in the job analyst profession, to determine which skills are of critical importance. We interpret employer instrumental signals in job ads (n=323) from different sources with content analysis. Analytical thinking skills, knowledge of foreign languages, reporting, communication skills, and aptitude for teamwork and innovation are the most sought-after skills. Advertisements often request knowledge of SQL and Office programs and soft skills (SS). We have observed that the hard/technical skill requirements (such as Agile, Scrum, and Python) differ between employers. Our results emphasize that graduates should not be content with university courses, especially for developing SS.

Suggested Citation

  • Bünyamin Yasin Çakmak & Büşra Yiğit, 2024. "Where Should a New Graduate Start? A Multi-Source Evaluation of the Banking Sector Business Analyst Signals in an Emerging Economy," Istanbul Business Research, Istanbul University Business School, vol. 53(1), pages 61-80, April.
    • Handle: RePEc:ist:ibsibr:v:53:y:2024:i:1:p:61-80
    DOI: 10.26650/ibr.2024.53.1208513
    as

    Download full text from publisher

    File URL: https://cdn.istanbul.edu.tr/file/JTA6CLJ8T5/E4EE0368E2EA4198AD48D7DCA3CDD1D8
    Download Restriction: no
    File URL: https://iupress.istanbul.edu.tr/en/journal/ibr/article/where-should-a-new-graduate-start-a-multi-source-evaluation-of-the-banking-sector-business-analyst-signals-in-an-emerging-economy
    Download Restriction: no
    File URL: https://libkey.io/10.26650/ibr.2024.53.1208513?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Kong YuSheng & Masud Ibrahim, 2020. "Innovation Capabilities, Innovation Types, and Firm Performance: Evidence From the Banking Sector of Ghana," SAGE Open, , vol. 10(2), pages 21582440209, May.
    2. Brown, Phillip & Hesketh, Anthony, 2004. "The Mismanagement of Talent: Employability and Jobs in the Knowledge Economy," OUP Catalogue, Oxford University Press, number 9780199269549.
    3. Louise Crawford & Christine Helliar & Elizabeth Monk, 2011. "Generic Skills in Audit Education," Accounting Education, Taylor & Francis Journals, vol. 20(2), pages 115-131.
    4. Ahmad Azwan Ahmad Shukor & Md. Shah Newaz & Muhammad Khalilur Rahman & Azni Zarina Taha, 2020. "Supply chain integration and its impact on supply chain agility and organizational flexibility in manufacturing firms," International Journal of Emerging Markets, Emerald Group Publishing Limited, vol. 16(8), pages 1721-1744, July.
    5. Kwon-Soo Kim, 2019. "The Influence of Hotels High-Commitment HRM on Job Engagement of Employees: Mediating Effects of Workplace Happiness and Mental Health," Applied Research in Quality of Life, Springer;International Society for Quality-of-Life Studies, vol. 14(2), pages 507-525, April.
    6. Zhou, Jinyan & Du, Ping & Zhao, Wen & Feng, Siche, 2022. "Skill requirements and remunerations in the private teacher labor market: Estimations with online advertisements in China," International Journal of Educational Development, Elsevier, vol. 92(C).
    7. Ivona Lipovac & Marina Bagic Babac, 2021. "Content analysis of job advertisements for identifying employability skills," Interdisciplinary Description of Complex Systems - scientific journal, Croatian Interdisciplinary Society Provider Homepage: http://indecs.eu, vol. 19(4), pages 511-525.
    8. Ferreira, João J.M. & Fernandes, Cristina I. & Ferreira, Fernando A.F., 2019. "To be or not to be digital, that is the question: Firm innovation and performance," Journal of Business Research, Elsevier, vol. 101(C), pages 583-590.
    9. Małgorzata Tyrańska & Mariusz Łapczyński & Maciej Walczak & Bernard Ziębicki, 2021. "The Gap between Higher Business Education and Business Expectations: The Case of Poland," Sustainability, MDPI, vol. 13(24), pages 1-19, December.
    10. Michael Spence, 1973. "Job Market Signaling," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 87(3), pages 355-374.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Salvi, Antonio & Vitolla, Filippo & Rubino, Michele & Giakoumelou, Anastasia & Raimo, Nicola, 2021. "Online information on digitalisation processes and its impact on firm value," Journal of Business Research, Elsevier, vol. 124(C), pages 437-444.
    2. Verbruggen, M. & van Emmerik, H. & van Gils, A.E.J. & Meng, C.M. & de Grip, A., 2015. "Does early-career underemployment impact future career success? : a path dependency perspective," Research Memorandum 023, Maastricht University, Graduate School of Business and Economics (GSBE).
    3. Fluet, Claude & Garella, Paolo G., 2002. "Advertising and prices as signals of quality in a regime of price rivalry," International Journal of Industrial Organization, Elsevier, vol. 20(7), pages 907-930, September.
    4. Kristinn Hermannsson & Patrizio Lecca, 2016. "Human Capital in Economic Development: From Labour Productivity to Macroeconomic Impact," Economic Papers, The Economic Society of Australia, vol. 35(1), pages 24-36, March.
    5. Maite Blázquez & Santiago Budr�a, 2012. "Overeducation dynamics and personality," Education Economics, Taylor & Francis Journals, vol. 20(3), pages 260-283, March.
    6. Rodrigo M. S. Moita & Claudio Paiva, 2013. "Political Price Cycles in Regulated Industries: Theory and Evidence," American Economic Journal: Economic Policy, American Economic Association, vol. 5(1), pages 94-121, February.
    7. Sènakpon Fidèle A. Dedehouanou & Luca Tiberti & Hilaire G. Houeninvo & Djohodo Inès Monwanou, 2019. "Working while studying: Employment premium or penalty for youth in Benin?," Working Papers PMMA 2019-03, PEP-PMMA.
    8. Ferdinand Thies & Sören Wallbach & Michael Wessel & Markus Besler & Alexander Benlian, 2022. "Initial coin offerings and the cryptocurrency hype - the moderating role of exogenous and endogenous signals," Electronic Markets, Springer;IIM University of St. Gallen, vol. 32(3), pages 1691-1705, September.
    9. Inmaculada Garc�a-Mainar & V�ctor M. Montuenga-G�mez, 2017. "Subjective educational mismatch and signalling in Spain," Documentos de Trabajo dt2017-03, Facultad de Ciencias Económicas y Empresariales, Universidad de Zaragoza.
    10. Feser, Daniel & Runst, Petrik, 2015. "Energy efficiency consultants as change agents? Examining the reasons for EECs’ limited success," ifh Working Papers 1 (2015), Volkswirtschaftliches Institut für Mittelstand und Handwerk an der Universität Göttingen (ifh).
    11. Anders Gustafsson, 2019. "Busy doing nothing: why politicians implement inefficient policies," Constitutional Political Economy, Springer, vol. 30(3), pages 282-299, September.
    12. Michael Waldman, 1990. "A Signalling Explanation for Seniority Based Promotions and Other Labor Market Puzzles," UCLA Economics Working Papers 599, UCLA Department of Economics.
    13. Rod Mccoll & Yann Truong & Antonella La Rocca, 2019. "Service guarantees as a base for positioning in B2B," Post-Print hal-02326105, HAL.
    14. repec:ebl:ecbull:v:10:y:2004:i:8:p:1-8 is not listed on IDEAS
    15. Kuhnen, Camelia M., 2010. "Searching for Jobs: Evidence from MBA Graduates," MPRA Paper 21975, University Library of Munich, Germany.
    16. Dionne, G. & Doherty, N., 1991. "Adverse Selection In Insurance Markets: A Selective Survey," Cahiers de recherche 9105, Centre interuniversitaire de recherche en économie quantitative, CIREQ.
    17. Stuth, Stefan & Schorlemmer, Julia & Hennig, Marina & Allmendinger, Jutta, 2014. "Freiwilliges Engagement: Ein Patentrezept für Wiedereinsteigerinnen?," Discussion Papers, Presidential Department P 2014-007, WZB Berlin Social Science Center.
    18. Udo Kreickemeier & Jens Wrona, 2017. "Two-Way Migration between Similar Countries," The World Economy, Wiley Blackwell, vol. 40(1), pages 182-206, January.
    19. Nakabayashi, Masaki, 2011. "Schooling, employer learning, and internal labor market effect: Wage dynamics and human capital investment in the Japanese steel industry, 1930-1960s," MPRA Paper 30597, University Library of Munich, Germany.
    20. Michele Dell'Era & Luis Santos-Pinto, 2011. "Entrepreneurial Overconfidence, Self-Financing and Capital Market Efficiency," Cahiers de Recherches Economiques du Département d'économie 11.06, Université de Lausanne, Faculté des HEC, Département d’économie, revised Nov 2012.
    21. Jitender Singh, 2016. "Quality of Public Goods, Public Policy and Human Development: A State-wise Analysis," Indian Journal of Human Development, , vol. 10(2), pages 215-235, August.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ist:ibsibr:v:53:y:2024:i:1:p:61-80. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Ertugrul YASAR (email available below). General contact details of provider: https://edirc.repec.org/data/isisttr.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.