A Career Road Map for BAs
Table of Contents
1 Introduction to Data Analyst and Business Analyst?
2 Business Analytics with Management Science
3 Business Analytics with Linear Programming
4 Business Analytics with Nonlinear Programming
5 Business Analytics with Goal Programming
6 Business Analytics with Integer Programming
7 Business Analytics with Shipment Models
8 Marketing Analytics with Linear Programming
9 Marketing Analytics with Multiple Goals
10 Business Analytics with Simulation Appendix A Excel
12 Introduction to Linear Programming
13 Business Analytics with Linear Programming
14 Business Analytics with Nonlinear Programming
1. Real-Time Data & Analytics
2. Business-Critical Analytic Technologies:
3. The Role of a Business Analyst in digital transformation
4. How to excel in your career as a business analyst
5. The "customer - centricity" Mindset as a key element in BA sucess
6. Business analysis techniques
7. Effortless business analysis
8. Business analysis excellence
9. Modern analyst
Tools for the Management Scientist
Appendix B A Brief Tour of Solver
What is the state of the art in platforms for real time data analysis
What is the state-of-the-art in real-time analytics research in academia and industry
How fast is the state-of-the-art big data real time analytics
How can I get research topics in Big Data Analytics
What are some real-time data Analysis Frameworks
What is it like to be a Business Analyst?
What is the career path for a Business Analyst?
How do you become a Business Analyst in Aviation
What is the difference between Data Analyst and Business Analyst?
How do I start a career as a Business Analyst with no experience?
What are the best ways to prepare to become a Business Analyst?
How do you become a Business Analyst in the IT field?
How do I start a career as a Business Analyst with no experience?
What specific technical skills do Business Analysts need?
Why do you want to be a Business Analyst?
What Course is required for becoming a Successful Business Analyst?
What Skills are required for becoming a Successful Business Analyst?
What do Business Analysts read?
Which subjects are required for Business Analyst?
Is SQL needed for Business Analyst?
Is Business Analyst a stressful job?
Actuary Job Profile and Career
Mystery Shopping Job and Career
Spreadsheet Modeling
Accounting Analytics
Marketing Analytics
Financial Analytics
Business Statistics
Applied Regression
Principles of Management Science
Data Mining
Forecasting and Modeling
Business Analytics Strategy
ROLES AND RESPONSIBILITIES OF Business Analyst :
What is it like to be a Business Analyst?
Business Analyst :- A Business Analyst is a person who helps businesses to analyze their processes, products, services, and systems to improve current processes and make profitable decisions through insights and data analysis.
A Business Analyst also helps organizations to document Business processes by assessing the Business model and its integration with technology.
Business Analysts (BAs) are responsible for bridging the gap between IT and the Business using data analytics to assess processes, determine requirements and deliver data-driven recommendations and reports to executives and stakeholders.
The International Institute of Business Analysis (IIBA), a nonprofit professional association, considers the Business Analyst “an agent of change,” writing that Business analysis “is a disciplined approach for
introducing and managing change to organizations, whether they are for-profit businesses, governments, or non-profits.”
Business Analyst job description :- BAs are responsible for creating new models that support Business decisions by working closely with financial reporting and IT teams to establish initiatives and strategies to improve importing and to
optimize costs.
According to Robert Half a Business Analyst job description typically includes:
1) Creating a detailed Business analysis, outlining problems, opportunities and solutions for a business
2) Budgeting and forecasting
3) Planning and monitoring
4) Variance analysis
5) Pricing
6) Reporting
7) Defining Business requirements and reporting them back to stakeholders
Business Analyst skills :- The Business Analyst position requires both hard skills and soft skills. Business Analysts need to know how to pull, analyze and report data trends, and be able to share that information with others and apply it on
the Business side. Not all Business Analysts need a background in IT as long as they have a general understanding of how systems, products and tools work. Alternatively, some Business Analysts have a strong IT background and less
experience in business, and are interested in shifting away from IT to this hybrid role.
According to the IIBA some of the most important skills and experience for a Business Analyst are:
1. Oral and written communication skills
2. Interpersonal and consultative skills
3. Facilitation skills
4. Analytical thinking and problem solving
5. Being detail-oriented and capable of delivering a high level of accuracy
6. Organizational skills
7. Knowledge of Business structure
8. Stakeholder analysis
9. Requirements engineering
10. Costs benefit analysis
11. Processes modeling
12. Understanding of networks, databases and other technology
Business Analyst Roles and Responsibilities:- The responsibilities of a Business Analyst will change from industry to industry and from company to company, but some of the responsibilities never change. To be a successful BA, one must have a clear understanding of what is expected of them. Their main job is to find Business opportunities and provide support by implementing IT and technological solutions.
The key responsibilities of a BA include:
Understanding Goals and Problems :- Identifying the multifaceted organizational problems and opportunities for improvement in Business operations and processes. Understanding every minute detail of a project is very crucial for Business Analysts.
Meeting the Organization’s Requirements :- Eliciting relevant documents and requirements. Extracting the requirements and using those requirements to get the IT team on board and understand what the client wants, that’s one of the most
significant responsibilities for BAs. It is also extremely critical for a BA to effectively document the information that they have found to make sure that the requirement of the client is efficiently mentioned, and nothing is left amiss.
Analyzation :- The most important responsibility of a BA is to analyze the information collected in a detailed manner. When a BA reviews the elements in detail, the analysis phase asserts what the Business needs to do to achieve its goal.
During this stage, the BA will also be required to interact with the development team and the technical architects, which brings us to the next responsibility – communicating with a broad range of people.
Communication :- The next responsibility is to interact with the Business stakeholders and subject matter experts to understand their problems and needs. As a Business Analyst, it is essential to create and deliver quality presentations.
A good Business Analyst also needs to dedicate countless hours, actively communicating back and forth. They need to listen, recognize, and understand verbal and non-verbal data.
Implementatio :- The next responsibility is to devise strategies to design new systems or modify existing Business systems or processes. The Business Analyst’s most important job is to spend time identifying multiple options for solving
challenges and then helping pick the best one. A Business Analyst makes specific IT recommendations and supports the IT team in the implementation phase in any way they can.
Certifications :- Although Business analysis is a relatively new discipline in IT, a handful of organizations already offer certifications to help boost your resume and prove your merit as an analyst. Organizations such as the IIBA, IQBBA, IREB and PMI each offer
their own tailored certification for Business analysis.
These include:
1) IIBA Entry Certificate in Business Analysis (ECBA)
2) IIBA Certification of Competency in Business Analysis (CCBA)
3) IIBA Certified Business Analysis Professional (CBAP)
4) IIBA Agile Analysis Certification (AAC)
5) IQBBA Certified Foundation Level Business Analyst (CFLBA)
6) IREB Certified Professional for Requirements Engineering (CPRE)
7) PMI Professional in Business Analysis (PBA)