Online Class: Business Analysis


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  • 13
    Lessons
  • 25
    Exams &
    Assignments
  • 12
    Hours
    average time
  • 1.2
    CEUs
  • 1,893
    Students
    have taken this course
 
 
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Course Description

How can you make a significant difference in your organization? One way is to be part of a project that improves the company's performance or launches it in a new direction. The business analyst (BA) plays a key role in the development and execution of company projects. Maybe it's a new product launch or a change to a more efficient software package. The BA is responsible for gathering input, analyzing the needs of the project, documenting the criteria to be met, sharing information among project team members and presenting findings to company executives.

This course will provide a solid foundation for a career in business analysis. We explore the strategy, phases, components and process a BA uses to develop a project. From conducting an enterprise analysis to assessing the solution's implementation, you will learn the basics of how to manage the process and determine the appropriate parties to be involved.
 
We look at project requirements (the needs that must be fulfilled to complete the initiative), how to develop a communications plan, distributing work responsibilities, creating a business model and more. The course finishes with a discussion about tasks that the BA encounters when the solution is put into place. When you are finished, you'll have a broad understanding that can launch your career in business analysis.

As companies compete for market share, grow their businesses and work to increase profit margins, the business analyst (BA) has become a valuable asset. A business analyst explores ways to maximize a company's organization and increase efficiencies in its operations. Often the position, which is sometimes called a business systems analyst, requires examining the information technology (IT) structure which shares data among different disciplines within the company. There are times when the BA may work strictly on one facet of the company, such as IT, finance or sales.


The standard college degrees offered for a BA education are in business administration, typically requiring a major in business analysis. Having a degree is helpful in being hired for management level jobs, but it's not always essential for entry level positions. There are also certification programs available, which grant the title of certified business analyst. Having a sound business judgment, along with being a good troubleshooter, can earn you the job as well.
 
The pay scale for a BA position varies depending on the specific job functions performed and your location. According to the U.S. Department of Labor, the average salary for a management level BA in 2015 was just over $91,000. Salaries posted online can reach into the low six figures. As with most management positions, experience is a strong factor in determining the pay scale.
 
The Role of Business Analyst

Responsibilities of the job include risk assessment, goal planning, issues management, and outcome forecasting, along with reviewing and reporting on recommended changes.

There are three primary roles a business analyst can fulfill within the position. As a strategist, you'll advise upper management on suitable policies, structures and/or processes that align with the company's long term objectives. As an architect, you would design organizational frameworks that create efficiencies within current and future business models. And as a systems analyst, you align the company's operations with IT systems in order to create greater efficiencies in sharing data.

Because a company analysis can be a multi-dimensional project, it generally requires a project manager. The project manager directs all the activities performed during an initiative. For smaller projects, the BA may also fill the role of project manager; however, the two positions are typically distinct and require different training and experience. The BA will usually manage a set of requirements within the project, whereas the project manager will oversee the entire set of requirements and likely make presentations to decision makers or stakeholders.

At the point where a company's information systems are involved, a business systems analyst (BSA) is responsible for system requirements. His purpose is to both create system efficiencies and translate the business requirements into systems requirements. For example, if a user requirement is to "determine how the customer heard about us" then the BSA will develop a solution that allows company website visitors to enter a response into a database.

The BA can also be responsible for employee training during implementation of the solutions. In the event that the project requires outside assistance, the BA may hire and manage the external project members. 

Business analysis can take months or even years to complete, from enterprise analysis to post implementation assessment. It typically requires substantial investments in time and money, so the position of business analyst is important to the survival of the company.


  • Completely Online
  • Self-Paced
  • Printable Lessons
  • Full HD Video
  • 6 Months to Complete
  • 24/7 Availability
  • Start Anytime
  • PC & Mac Compatible
  • Android & iOS Friendly
  • Accredited CEUs
Universal Class is an IACET Accredited Provider
 
 

Course Lessons

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Lesson 1 - A Career in Business Analysis

This lesson will give a brief overview of a career in the field of business analysis. We discuss the role that the business analyst plays within an enterprise, and the process that an analyst will go through to complete a project. 19 Total Points
  • Lesson 1 Video
  • Take Poll: Business Analysis Course
  • Complete Assignment: An Introduction
  • Complete: Lesson 1 Assignment
  • Complete: Quiz for Lesson 1 - A Career in Business Analysis

Lesson 2 - Enterprise Analysis: Part One

This lesson covers the initial project phase of an initiative, enterprise analysis. We discuss the purpose of enterprise analysis and the process that is involved. Also discussed are project size characteristics and strategic planning themes. 18 Total Points
  • Lesson 2 Video
  • Complete: Lesson 2 Assignment
  • Complete: Quiz for Lesson 2 - Enterprise Analysis: Part One

Lesson 3 - Enterprise Analysis: Part Two

This lesson covers more phases of the enterprise analysis activities that begin a project. We discuss creating business architecture, including the process that is used. Next we cover project viability, which requires a feasibility study. 18 Total Points
  • Lesson 3 Video
  • Take Poll: Business Architecture Views
  • Complete: Lesson 3 Assignment
  • Complete: Quiz for Lesson 3 - Enterprise Analysis: Part Two

Lesson 4 - Enterprise Analysis: Part Three

This lesson continues to explore enterprise analysis. We discuss defining the project's scope, performing risk assessment, preparing a business case, and cover the creation of a decision package. 9 Total Points
  • Lesson 4 Video
  • Complete: Lesson 4 Assignment
  • Complete: Quiz for Lesson 4 - Enterprise Analysis: Part Three

Lesson 5 - Requirements Planning and Management: Part One

This lesson covers the tasks involved with planning for the requirements of the project. We discuss identifying stakeholders, defining role responsibilities, determining work division, managing information flow, and knowledge transfer. 19 Total Points
  • Lesson 5 Video
  • Complete: Lesson 5 Assignment
  • Complete: Quiz for Lesson 5 : Requirements Planning and Management: Part One

Lesson 6 - Requirements Planning and Management: Part Two

This lesson covers steps and methodologies in requirements planning, along with the selection of requirements activities. We also discuss requirements risk management. 20 Total Points
  • Lesson 6 Video
  • Complete: Lesson 6 Assignment
  • Complete: Quiz for Lesson 6 - Requirements Planning and Management: Part Two

Lesson 7 - Requirements Planning and Management: Part Three

This lesson continues the discussion on requirements planning and management. We explore the planning processes of estimating project needs and requirements scope. Also covered are management functions, including measurement and reporting function,and man 10 Total Points
  • Lesson 7 Video
  • Complete: Quiz for Lesson 7 - Requirements Planning and Management: Part Three

Lesson 8 - Requirements Elicitation: Part One

This lesson covers the phase of gathering requirements from stakeholders. We explore some of the methods used in the requirements elicitation process, including brainstorming, document analysis, focus groups, and interface analysis. 18 Total Points
  • Lesson 8 Video
  • Take Poll: Elicitation Process
  • Complete: Lesson 8 Assignment
  • Complete: Quiz for Lesson 8 - Requirements Elicitation: Part One

Lesson 9 - Requirements Elicitation: Part Two

This lesson continues to explore requirements elicitation methodologies. We examine interviewing, observation, prototyping, requirements workshops, reverse engineering, and surveying. 10 Total Points
  • Lesson 9 Video
  • Review Article: Interviewing and Elicitation
  • Complete: Lesson 9 Assignment
  • Complete: Quiz for Lesson 9 - Requirements Elicitation: Part Two

Lesson 10 - Requirements Analysis & Documentation: Part One

This lesson covers the steps that the business analyst will take to analyze the elicited requirements. We examine the characteristics of project requirements and describe the tasks that are involved. 7 Total Points
  • Lesson 10 Video
  • Complete: Quiz for Lesson 10 - Requirements Analysis & Documentation: Part One

Lesson 11 - Requirements Analysis and Documentation:Part Two

This lesson covers the requirements documentation process. We include creating a business model, along with validation and verification strategies. 20 Total Points
  • Lesson 11 Video
  • Complete: Lesson 11 Assignment
  • Complete: Quiz for Lesson 11 - Requirements Analysis & Documentation: Part Two

Lesson 12 - Requirements Communication

This lesson covers the BA's responsibilities in communicating the project requirements to stakeholders and others. We discuss the design of a communication strategy, the development of a communications plan, choosing the appropriate communications format 17 Total Points
  • Lesson 12 Video
  • Complete: Lesson 12 Assignment
  • Complete: Quiz for Lesson 12 - Requirements Communication

Lesson 13 - Solution Assessment and Validation

This lesson covers the final project phases that address the solution implementation. We discuss the BA's role in developing alternate solutions to fit requirements, evaluating technology options, selecting the best solution, and post implementation revie 59 Total Points
  • Lesson 13 Video
  • Take Poll: Course Completion Poll: Your Thoughts
  • Take Survey: Program Evaluation Follow-up Survey (End of Course)
  • Complete: Quiz for Lesson 13 - Solution Assessment and Validationac
  • Complete: The Final Exam
244
Total Course Points
 

Learning Outcomes

By successfully completing this course, students will be able to:
  • Know the job and career highlights of being a business analyst.
  • Describe the purpose of enterprise analysis and the processes and activities involved.
  • Identify stakeholders, define role responsibilities, describe work division, manage information flow, and transfer knowledge.
  • Describe the methods used for gathering requirements from stakeholders.
  • Describe the elicitation methodologies.
  • Describe the responsibilities in communicating project requirements.
  • Describe the solution assessments and validation processes involved in delivering a final project, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.
 

Additional Course Information

Online CEU Certificate
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Document Your CEUs on Your Resume
 
Course Title: Business Analysis
Course Number: 7550320
Languages: English - United States, Canada and other English speaking countries
Category:
Course Type: Professional Development (Self-Paced, Online Class)
CEU Value: 1.2 IACET CEUs (Continuing Education Units)
CE Accreditation: Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET).
Grading Policy: Earn a final grade of 70% or higher to receive an online/downloadable CEU Certification documenting CEUs earned.
Assessment Method: Lesson assignments and review exams
Instructor: Dr. Metodija Stojanovski
Syllabus: View Syllabus
Duration: Continuous: Enroll anytime!
Course Fee: $70.00 (no CEU Certification) || with Online CEU Certification: $95.00

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Student Testimonials

  • "The lesson material was invaluable. Questions are extended outside of the course. It was how well we interpreted the lessons. Great experience." -- Raja K.
  • "I liked the fact that is was broken down into multiple sections. I didn't realize how involved it is being a Business Analysis." -- Christy C.
  • "Great Class!" -- Jose R.
  • "The material was very thorough." -- Leah F.
  • "Nothing was a surprise on the quizzes, everything was well explained." -- Andrea C.

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