Business Analysis 101

Course Overview

Business Analysis 101 is an introductory course that provides an overview of the competencies required of a Business Analyst. The course covers topics such as the typical business analysis path, the relationship between needs and current processes, document analysis, elicitation, solutions, business cases and decisions, quality management, estimation, data and forecasting, and game theory. Participants will gain an understanding of the importance of stakeholder management, the tools and techniques used to create, evaluate, modify and analyze processes, and the relationship between solutions and risks. The course will also cover the cost of quality, the Deming Cycle, the 7 Basic Quality Tools, and the theory of constraints.

[Applications]
Upon completion of this course, participants will have a better understanding of the competencies required of a Business Analyst, the importance of stakeholder management, the relationship between needs and current processes, document analysis, elicitation techniques, solutions, business cases and decisions, quality management tools and techniques, estimation techniques, data and forecasting, and game theory. Participants will also be able to apply these concepts to their own business analysis projects, and be better equipped to identify and address deficiencies in their organization's processes.

[Career Paths]
Career Paths Recommended for Learners:

1. Business Analyst: Business Analysts are responsible for analyzing an organization’s business processes and developing strategies to improve efficiency and effectiveness. They use data analysis, process mapping, and other techniques to identify areas of improvement and develop solutions. The demand for Business Analysts is growing rapidly, and the role is becoming increasingly important in organizations of all sizes.

2. Data Analyst: Data Analysts are responsible for collecting, organizing, and analyzing data to identify trends and patterns. They use data to inform decisions and develop strategies for improving business performance. Data Analysts must have strong analytical and problem-solving skills, as well as an understanding of data visualization and data mining techniques.

3. Process Improvement Analyst: Process Improvement Analysts are responsible for analyzing existing processes and developing strategies to improve efficiency and effectiveness. They use data analysis, process mapping, and other techniques to identify areas of improvement and develop solutions. Process Improvement Analysts must have strong analytical and problem-solving skills, as well as an understanding of process improvement methodologies.

4. Business Intelligence Analyst: Business Intelligence Analysts are responsible for collecting, organizing, and analyzing data to identify trends and patterns. They use data to inform decisions and develop strategies for improving business performance. Business Intelligence Analysts must have strong analytical and problem-solving skills, as well as an understanding of data visualization and data mining techniques.

[Education Paths]

Education Paths Recommended to Learners:

1. Bachelor of Science in Business Analysis: This degree program provides students with a comprehensive understanding of the principles and practices of business analysis. Students learn how to analyze data, develop strategies, and create solutions to business problems. They also gain an understanding of the latest technologies and trends in the field.

2. Master of Science in Business Analysis: This degree program provides students with an advanced understanding of the principles and practices of business analysis. Students learn how to analyze data, develop strategies, and create solutions to business problems. They also gain an understanding of the latest technologies and trends in the field.

3. Doctor of Philosophy in Business Analysis: This degree program provides students with an in-depth understanding of the principles and practices of business analysis. Students learn how to analyze data, develop strategies, and create solutions to business problems. They also gain an understanding of the latest technologies and trends in the field.

4. Certificate in Business Analysis: This certificate program provides students with a basic understanding of the principles and practices of business analysis. Students learn how to analyze data, develop strategies, and create solutions to business problems. They also gain an understanding of the latest technologies and trends in the field.

The development trends in the field of business analysis are focused on the use of data-driven decision making, predictive analytics, and artificial intelligence. These technologies are being used to improve the accuracy and efficiency of business analysis processes. Additionally, the use of cloud computing and mobile technologies are becoming increasingly important in the field of business analysis.