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Business Analyst
WEEK 1
Useful Financial Tools
1 video, 1 audio, 1 reading
Reading: Competition in Pricing Strategy
Audio: Financial Management
Graded: Advanced Business Principles
WEEK 2
Valuation and Investing
2 videos, 1 audio
Video: Corporate Enterpreneurship
Audio: Financial Management
Graded: Advanced Business Principles
WEEK 3
Microeconomics Principles
1 audio, 1 reading
Reading: Competition in Pricing Strategy
Audio: Financial Management
Graded: Advanced Business Principles
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Business Analyst

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Business Analyst

£40
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About this course

A Business Analyst (BA) is a professional who acts as a bridge between business needs and technical solutions. Their primary role is to analyze business processes, gather and document requirements, and collaborate with stakeholders to improve efficiency and achieve business goals. A Business Analyst is responsible for designing client requirement documents and liaising with the stakeholders of the projects. A business analyst is a professional who uses data analysis to help businesses improve their processes, products, and services.

 They work to increase business efficiency by combining their knowledge of business and IT. Ideally, this is suitable for professionals with experiences working with Agile methodologies and software delivery lifecycle projects as this is not an entry level role.

Key Responsibilities of a Business Analyst:

  1. Requirement Gathering & Analysis – Work with stakeholders to understand business needs and document functional and non-functional requirements.
  2. Process Improvement – Identify inefficiencies in existing business processes and recommend improvements.
  3. Stakeholder Collaboration – Communicate with business leaders, technical teams, and end-users to ensure alignment.
  4. Data Analysis & Reporting – Analyze business data to support decision-making and identify trends.
  5. Solution Evaluation – Assess proposed solutions to ensure they meet business objectives and provide value.
  6. Facilitating Communication – Bridge the gap between technical teams (developers, engineers) and business stakeholders.
  7. Testing & Validation – Support user acceptance testing (UAT) and validate that solutions meet requirements.
  8. Change Management & Training – Help organizations adapt to new systems, processes, or policies.

Who Does a Business Analyst Work With?

  • Project Managers – To align project scope and deliverables.
  • Developers & IT Teams – To translate business needs into technical requirements.
  • Product Owners – To prioritize features and improvements.
  • UX/UI Designers – To ensure a user-friendly experience.
  • QA Teams – To validate solutions through testing.
  • End Users & Customers – To gather feedback and ensure usability.

1. Industries Where Business Analysts Work

Business Analysts are essential across various industries, including:

  • IT & Software Development – Gathering requirements for new applications or system enhancements.
  • Finance & Banking – Improving financial processes, risk management, and regulatory compliance.
  • Healthcare – Enhancing patient data management, hospital workflows, and compliance with health regulations.
  • Retail & E-commerce – Optimizing supply chain management, customer experience, and sales data analysis.
  • Telecommunications – Improving service delivery, billing systems, and customer support processes.
  • Government & Public Sector – Streamlining policies, digital services, and citizen engagement.
  • Manufacturing & Logistics – Enhancing inventory management, production efficiency, and automation.

2. Essential Tools for Business Analysts

Business Analysts use a mix of documentation, analysis, and collaboration tools, such as:

Requirements Gathering & Documentation

  • Microsoft Word/Google Docs – Writing Business Requirement Documents (BRD) and Functional Specification Documents (FSD).
  • Confluence – Collaborative documentation for teams.

Process Modeling & Visualization

  • Microsoft Visio – Creating flowcharts and business process models.
  • Lucidchart – Online diagramming for workflows.
  • Bizagi Modeler – Business Process Model and Notation (BPMN) diagrams.

Project Management & Collaboration

  • JIRA – Tracking project requirements and Agile workflows.
  • Trello/Asana – Managing tasks and workflows.

Data Analysis & Reporting

  • Microsoft Excel – Data analysis, pivot tables, and visualization.
  • SQL – Extracting and analyzing data from databases.
  • Power BI/Tableau – Creating dashboards and reports for decision-making.

3. Career Growth & Advancement for Business Analysts

A BA role offers diverse growth opportunities. Depending on your interests, you can specialize or transition into:

Specialized BA Roles

  • Business Process Analyst – Focuses on optimizing business processes.
  • Data Analyst – Uses data to drive business insights.
  • Product Owner – Manages product backlogs and feature prioritization in Agile teams.

Leadership & Consulting Paths

  • Senior Business Analyst – Leads complex projects and mentors junior BAs.
  • Business Architect – Designs business strategies and enterprise-wide solutions.
  • Project Manager – Manages project execution and stakeholder coordination.
  • Management Consultant – Advises companies on business improvements.

Certifications to Boost Your Career

  • Certified Business Analysis Professional (CBAP) – Advanced certification for experienced BAs.
  • PMI Professional in Business Analysis (PMI-PBA) – For those working in project environments.
  • Agile Business Analyst (IIBA-AAC) – Focuses on Agile methodologies.
  • Scrum Master Certification (CSM, PSM) – If working in Agile teams.

Final Thoughts

A career in business analysis offers exciting opportunities to work across industries, use analytical and problem-solving skills, and shape business strategies. Whether you’re looking to specialize in data, process improvement, or product management, the role provides flexibility and career progression.

Some key requirements of the role could include some of the below:
• Experience of onboarding clients onto a SaaS platform
• Experience as a software delivery Business Analyst
• Experience of project management
• Working closely with finance, projects and development teams
• Agile methodology experience
• Experience of software delivery lifecycle
• Create project requirement documents
• Stakeholder engagement
• Replacing legacy systems and implementing new systems

Our Business Analyst instructor is happy to guide you through this journey.

 

Associate Professor
Supply Chain Specialist
Teaching Assistant
DevOps Engineer

Syllabus

WEEK 1
Useful Financial Tools

This course has been designed to enable you to learn and apply the powerful tools of modern finance to both personal and professional situations.

1 video, 1 audio, 1 reading
Reading: Competition in Pricing Strategy
25 minutes
Audio: Financial Management
15 minutes
Graded: Advanced Business Principles
3 Questions
WEEK 2
Valuation and Investing

The course concentrates on the practical aspects of project finance: the most frequently used financial techniques for infrastructure investments.

2 videos, 1 audio
Video: Corporate Enterpreneurship
2 minutes
Audio: Financial Management
15 minutes
Graded: Advanced Business Principles
3 Questions
WEEK 3
Microeconomics Principles

This course has been designed to enable you to learn and apply the powerful tools of modern finance to both personal and professional situations. The course concentrates on the practical aspects of project finance: the most frequently used financial techniques for infrastructure investments.

1 audio, 1 reading
Reading: Competition in Pricing Strategy
25 minutes
Audio: Financial Management
15 minutes
Graded: Advanced Business Principles
3 Questions

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