THIS IS THE EXTRACT FROM THE SKILLS AUSTRALIA SITE
Here is the actual link
http://www.skillsaustralia.gov.au/l...cuments/2611ICTBusinessandSystemsAnalysts.pdf
Key points that are highlighted in favor of these occupations are
1. Systems Analyst and Business Analyst are high risk occupations (This indicates that the occupation is important for the effective operation of an enterprise and/or the australian economy)
2. High Use
3. below average unemployment rate
4. Constant employment growth year after year.
For all other occupations refer this location
Skills Australia - Spol Summary Sheets
ANZSCO: 2611 ICT BUSINESS AND SYSTEMS ANALYSTS
… work with users to formulate system requirements, develop system plans and documentation, review and evaluate existing systems, and design and modify systems to meet users' business needs.
Indicative Skill Level
Most occupations in this unit group have a level of skill commensurate with a Bachelor degree or higher qualification. At least five years of relevant experience and/or relevant vendor certification may substitute for the formal qualification. In some instances relevant experience and/or on-the-job training may be required in addition to the formal qualification (ANZSCO Skill Level 1).
Skilled Occupation Criteria
Long-lead time
ICT Business and Systems Analysts meet the criteria for long lead time, as entry to this occupation requires a substantial training commitment. Employment as an ICT Business and Systems Analyst generally requires the completion of a university qualification of at least four years study (full-time equivalent), such as a Bachelor of Business (Information Systems). Note: sampling of university courses in business and systems analysis showed a mix of three and four year courses, but on balance, long lead time has been retained for ICT Business and Systems Analysts.
High use
ICT Business and Systems Analysts meet one aspect of the criteria for high use, showing that the skills which people have acquired through education and training are being deployed for the uses intended. As professionals, ICT Business and Systems Analysts are expected to have a level of skill commensurate with a Bachelor degree or higher qualification. Of those employed as ICT Business and Systems Analysts, 62% were found to possess this level of skill (ABS Survey of Education and Work, 2010).1
High risk
ICT Business and Systems Analysts also meet the criteria for high risk/high disruption. This indicates that the occupation is important for the effective operation of an enterprise and/or the broader economy. ICT Business and Systems Analysts are important to meet government policy priorities at both the Commonwealth and State level. These include technological innovation, effective use of government resources and the National Broadband Network (NBN).
1 Analysis for the Skilled Occupations List (SOL) was conducted using the latest available data, including the 2010 ABS Survey of Education and Work (SEW). Percentages may therefore differ from those cited in the ‘Occupation Trends’ analysis (over the page), which uses alternative sources in some instances (e.g. the 2008 ABS Survey of Education and Work). Small sample sizes for some occupations may also result in fluctuations in the SEW data between 2008 and 2010. The specific data sources used for the Occupation Trends analysis can be found on the Skills Australia website:
http://www.skillsaustralia.gov.au/SOLsummarysheets.shtml.
Occupation trends
ANZSCO: 2611
ICT Business and Systems Analysts
Employment level
28,900 Almost all workers are employed full-time (92.5%).
6 digit employment
(2006 Census)
261111 ICT Business Analyst 5600
261112 Systems Analyst 9760
Employment growth
Over the five years to August 2010, employment increased by 32.9% (compared with growth of 12.1% for all occupations).
Employment is expected to rise by 8.8% over the next five years (compared with projected growth of 9.5% for all occupations).
Unemployment rate
Below average (around 1.0%) compared with all occupations.
Educational profile
Around 56.6% have a Bachelor degree or higher qualification.
Vacancies
The Internet Vacancy Index (IVI) rose by 74.2% over the 12 months to September 2010 to 142.0 (March 2006=100). Vacancies for all occupations increased by 19.4%.
Gender
Around 28.0% of workers are female (compared with 45.4% for all occupations).
Labour turnover
Around 6.9% of workers leave this occupation in a year compared with 13.1% for all occupations.
Age profile
The median age is 38.8 years and 28.5% are aged 45 years and over (compared with 38.5% for all occupations).
Earnings
Median full-time weekly earnings (before tax) are high ($1600).
Graduate outcomes
Graduate Careers Australia data show 73% of computer science Bachelor degree graduates seeking full-time work were working four months after graduation, 50% of whom were Information and Communication Technology Professionals, 13% Business, Information, marketing Professionals and 7% Technology and Telecommunications Technicians.
Skill shortages
Shortages have been evident for specialist ICT skills over most of the past decade (except in 2001, 2003 and 2004) but the number of skills in shortage has varied. Fourteen specialist ICT skills were assessed as being in shortage in 2008 but in 2009 (latest research) there were only 2.
Labour market
Research into ICT labour markets over much of the past decade was not undertaken specifically on the basis of ASCO or ANZSCO unit groups. The following comments reflect the labour market for ICT professions generally.
Despite relatively widespread shortages of ICT professionals in the early 2000s, over the past five years shortages have been restricted to a small number of specialist skills.
There were no widespread shortages of ICT professionals in 2009 (latest research). Employers did, however, encounter difficulty recruiting when seeking to fill niche positions requiring an unusual combination of specialist skills or specific industry experience.
In 2009, the DEEWR survey of ICT recruitment agents showed a decrease in the number of specialisations in shortage compared with 2008, and the results of the DEEWR survey of employers who have recently advertised vacancies for ICT professionals showed an increase in the number of suitable applicants per vacancy.
Unsuitable applicants generally lacked the specific skill set or industry experience required for the position advertised. In a number of states employers reported that graduate entry and lower level positions were filled relatively easy compared with vacancies for more skilled, experienced ICT professionals.
SkillsMatch data for ICT Business and Systems Analysts indicate an adequate supply of suitable candidates for placements in this occupation. The number of suitable applicants per placement was stable over 2007 and 2008, averaging 4.8. In 2009, the number of suitable applicants rose to 7.3 per placement as a result of reduced demand associated with the global recession.
Summary
Employment growth has been strong over the past five years and moderate growth is expected over the next five. Slightly more than half the workforce holds post-school qualifications and the unemployment rate is below average.
The level of advertised vacancies has risen strongly over the past year to almost peak levels and shortages have been apparent over much of the past decade, but few shortages were identified for ICT skills in 2009.
Good find.
