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Igor Arkhipov
This comprehensive course provides a strong foundation in business analysis principles, techniques, and strategies. It covers essential topics such as the definition of business analysis, various requirement types, career paths in business analysis, and the Business Analysis Body of Knowledge (BABOK) guide. It also delves into key definitions and practical techniques used in business analysis. Additionally, the course focuses on strategic aspects, including analyzing the current state, defining future states, managing risks, and developing change strategies. Learners will gain hands-on experience through case studies and practical exercises, preparing them for success in the field of business analysis and beyond.
Read more
This comprehensive course provides a strong foundation in business analysis principles, techniques, and strategies. It covers essential topics such as the definition of business analysis, various requirement types, career paths in business analysis, and the Business Analysis Body of Knowledge (BABOK) guide. It also delves into key definitions and practical techniques used in business analysis. Additionally, the course focuses on strategic aspects, including analyzing the current state, defining future states, managing risks, and developing change strategies. Learners will gain hands-on experience through case studies and practical exercises, preparing them for success in the field of business analysis and beyond.
Read more
This comprehensive course provides a strong foundation in business analysis principles, techniques, and strategies. It covers essential topics such as the definition of business analysis, various requirement types, career paths in business analysis, and the Business Analysis Body of Knowledge (BABOK) guide. It also delves into key definitions and practical techniques used in business analysis. Additionally, the course focuses on strategic aspects, including analyzing the current state, defining future states, managing risks, and developing change strategies. Learners will gain hands-on experience through case studies and practical exercises, preparing them for success in the field of business analysis and beyond.
This course is suitable for individuals aspiring to become business analysts, current junior business analysts looking to strengthen their skills, mid-career professionals seeking to transition into business analysis roles, and those preparing for business analysis certifications. It accommodates learners with varying levels of prior knowledge and experience in the field.
While no strict prerequisites are required, a basic understanding of business concepts and organizational operations can be advantageous. Familiarity with project management or experience in a business-related role is helpful but not mandatory. This course is structured to accommodate learners with varying levels of prior knowledge.
Register for this course and see more details by visiting:
OpenCourser.com/course/l00cso/business
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What's inside
Syllabus
Introduction
In this introductory module, students will be familiarized with the course's content and the role of business analysis in organizations. They will learn about the career path of a Business Analyst and gain an overview of the Business Analysis Body of Knowledge.
Read more
Syllabus
Introduction
In this introductory module, students will be familiarized with the course's content and the role of business analysis in organizations. They will learn about the career path of a Business Analyst and gain an overview of the Business Analysis Body of Knowledge.
Read more
Key definitions
This module focuses on key definitions and concepts essential for a solid foundation in business analysis. It covers the Business Analysis Core Concept Model, concept modeling techniques, and the relationship between requirements and designs.
Strategy Analysis
This module delves into Strategy Analysis, a critical aspect of business analysis. Students will explore techniques such as analyzing the current state, using tools like the Business Model Canvas, SWOT analysis, and Business Process Analysis. They will also learn about bench marking, document analysis, and risk assessment.
Final Assessment
Good to know
Good to know
Know what's good ,
what to watch for , and
possible dealbreakers
Builds a strong foundation for beginners in business analysis
Strengthens an existing foundation for intermediate business analysts
Covers unique perspectives and ideas that may add color to other topics and subjects
Develops professional skills or deep expertise in business analysis
Taught by Igor Arkhipov, who are recognized for their work in business analysis
Requires no strict prerequisites and is suitable for learners with varying levels of prior knowledge and experience
Save this course
Save Business Analysis: Key Definitions & Strategy Analysis to your list so you can find it easily later:
Save
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Activities
Be better prepared
before
your course. Deepen your understanding
during
and
after
it. Supplement your coursework and achieve mastery of the topics covered
in Business Analysis: Key Definitions & Strategy Analysis with these
activities:
Review: Business Analysis for Dummies
Show steps
Gain a comprehensive overview of business analysis concepts and methodologies to supplement course materials.
View
Business Analysis For Dummies
on Amazon
Show steps
-
Read the book thoroughly, making notes of key concepts and definitions.
-
Summarize the main takeaways from each chapter in your own words.
-
Relate the concepts to real-world examples or your own experiences.
-
Identify areas where you need further clarification or support.
Review Key Business Analysis Concepts
Show steps
Ensure a solid grasp of essential business analysis concepts to facilitate a smooth start in the course.
Show steps
-
Revisit the official BABOK® Guide to review fundamental definitions and principles
-
Explore industry blogs and forums to stay updated on current trends and best practices
-
Engage in discussions with peers or mentors to gain diverse perspectives and insights
Participate in a Business Analysis Study Group
Show steps
Foster a sense of community while solidifying understanding, engaging in discussions, and sharing insights with peers.
Browse courses on
Collaborative Learning
Show steps
-
Join an online or in-person study group
-
Participate actively in discussions, sharing knowledge and perspectives
-
Collaborate on practice exercises and case studies to enhance problem-solving skills
Five other activities
Expand to see all activities and additional details
Show all eight activities
Follow Best Practices for Business Analysis Documentation
Show steps
Enhance communication and documentation abilities by exploring industry-standard practices, ensuring clear and effective delivery of analysis results.
Browse courses on
Communication Skills
Show steps
-
Review templates and guidelines for creating business requirements documents (BRDs), use cases, and other artifacts
-
Explore online tutorials or workshops on effective documentation techniques
-
Practice creating documentation that is concise, complete, and tailored to specific stakeholder needs
Analyze Case Studies and Practice Requirements Gathering
Show steps
Reinforce theoretical knowledge by applying it to real-world scenarios, improving analytical and problem-solving skills.
Browse courses on
Case Study Analysis
Show steps
-
Access online repositories or textbooks for case studies and requirements gathering exercises
-
Break down the case study into smaller, manageable parts for analysis
-
Apply requirement elicitation techniques to gather and document functional and non-functional requirements
-
Validate and prioritize requirements using industry-standard tools and frameworks
-
Seek feedback from peers or a mentor to refine your analysis and recommendations
Create a Business Analysis Plan
Show steps
Develop critical planning skills by outlining the scope, deliverables, timeline, and resources for a business analysis project, ensuring a well-defined roadmap for success.
Show steps
-
Define the project objectives, scope, and boundaries
-
Identify stakeholders and their involvement throughout the project lifecycle
-
Develop a detailed project plan, including timeline, milestones, and resource allocation
-
Document assumptions, risks, and mitigation strategies
-
Obtain approval and buy-in from key stakeholders
Volunteer at a Non-Profit Organization to Gain Practical Experience
Show steps
Apply business analysis skills in a real-world setting, gain hands-on experience, and contribute to a meaningful cause.
Browse courses on
Volunteering
Show steps
-
Identify non-profit organizations that align with your interests and skills
-
Inquire about opportunities to assist with business analysis-related tasks
-
Actively participate in projects, applying your knowledge to solve real-world problems
-
Network with professionals and gain valuable insights into the industry
Become a Business Analysis Mentor
Show steps
Deepen your understanding by sharing knowledge, providing guidance, and supporting the growth of aspiring business analysts.
Browse courses on
Mentoring
Show steps
-
Identify opportunities to mentor junior business analysts or students
-
Provide guidance on industry best practices, tools, and techniques
-
Offer support and encouragement, fostering a positive learning environment
-
Reflect on your own experiences and share valuable insights
Review: Business Analysis for Dummies
Show steps
Gain a comprehensive overview of business analysis concepts and methodologies to supplement course materials.
View
Business Analysis For Dummies
on Amazon
Show steps
Show steps
Show steps
- Read the book thoroughly, making notes of key concepts and definitions.
- Summarize the main takeaways from each chapter in your own words.
- Relate the concepts to real-world examples or your own experiences.
- Identify areas where you need further clarification or support.
Review Key Business Analysis Concepts
Show steps
Ensure a solid grasp of essential business analysis concepts to facilitate a smooth start in the course.
Show steps
Show steps
Show steps
- Revisit the official BABOK® Guide to review fundamental definitions and principles
- Explore industry blogs and forums to stay updated on current trends and best practices
- Engage in discussions with peers or mentors to gain diverse perspectives and insights
Participate in a Business Analysis Study Group
Show steps
Foster a sense of community while solidifying understanding, engaging in discussions, and sharing insights with peers.
Browse courses on
Collaborative Learning
Show steps
Show steps
Show steps
- Join an online or in-person study group
- Participate actively in discussions, sharing knowledge and perspectives
- Collaborate on practice exercises and case studies to enhance problem-solving skills
Five other activities
Expand to see all activities and additional details
Show all eight activities
Follow Best Practices for Business Analysis Documentation
Show steps
Enhance communication and documentation abilities by exploring industry-standard practices, ensuring clear and effective delivery of analysis results.
Browse courses on
Communication Skills
Show steps
Show steps
Show steps
- Review templates and guidelines for creating business requirements documents (BRDs), use cases, and other artifacts
- Explore online tutorials or workshops on effective documentation techniques
- Practice creating documentation that is concise, complete, and tailored to specific stakeholder needs
Analyze Case Studies and Practice Requirements Gathering
Show steps
Reinforce theoretical knowledge by applying it to real-world scenarios, improving analytical and problem-solving skills.
Browse courses on
Case Study Analysis
Show steps
Show steps
Show steps
- Access online repositories or textbooks for case studies and requirements gathering exercises
- Break down the case study into smaller, manageable parts for analysis
- Apply requirement elicitation techniques to gather and document functional and non-functional requirements
- Validate and prioritize requirements using industry-standard tools and frameworks
- Seek feedback from peers or a mentor to refine your analysis and recommendations
Create a Business Analysis Plan
Show steps
Develop critical planning skills by outlining the scope, deliverables, timeline, and resources for a business analysis project, ensuring a well-defined roadmap for success.
Show steps
Show steps
Show steps
- Define the project objectives, scope, and boundaries
- Identify stakeholders and their involvement throughout the project lifecycle
- Develop a detailed project plan, including timeline, milestones, and resource allocation
- Document assumptions, risks, and mitigation strategies
- Obtain approval and buy-in from key stakeholders
Volunteer at a Non-Profit Organization to Gain Practical Experience
Show steps
Apply business analysis skills in a real-world setting, gain hands-on experience, and contribute to a meaningful cause.
Browse courses on
Volunteering
Show steps
Show steps
Show steps
- Identify non-profit organizations that align with your interests and skills
- Inquire about opportunities to assist with business analysis-related tasks
- Actively participate in projects, applying your knowledge to solve real-world problems
- Network with professionals and gain valuable insights into the industry
Become a Business Analysis Mentor
Show steps
Deepen your understanding by sharing knowledge, providing guidance, and supporting the growth of aspiring business analysts.
Browse courses on
Mentoring
Show steps
Show steps
Show steps
- Identify opportunities to mentor junior business analysts or students
- Provide guidance on industry best practices, tools, and techniques
- Offer support and encouragement, fostering a positive learning environment
- Reflect on your own experiences and share valuable insights
Career center
Learners who complete Business Analysis: Key Definitions & Strategy Analysis will develop knowledge and skills
that may be useful to these careers:
Business Analyst
Business Analyst
The Business Analyst (BA) plays a critical role in bridging the gap between business and technology, analyzing business needs, and translating them into technical requirements. This course provides a comprehensive foundation in BA principles, techniques, and strategies, empowering you to succeed as a BA. The syllabus covers essential topics such as requirement types, industry best practices (BABOK guide), and practical techniques for analyzing current states and defining future states. As a BA, you will lead strategic initiatives and work cross-functionally, making this course highly relevant to your success in the field.
Management Consultant
Management Consultant
Management Consultants provide expert guidance to businesses, helping them optimize operations, improve efficiency, and achieve their strategic goals. This course will equip you with the analytical skills and strategic thinking necessary for a successful career as a Management Consultant. Through case studies and practical exercises, you will develop a deep understanding of business analysis techniques, risk management, and change strategies. This knowledge will enable you to identify and address complex business challenges, driving positive outcomes for clients.
Product Manager
Product Manager
Product Managers are responsible for the development and success of products, ensuring they meet customer needs and achieve business objectives. This course provides a solid foundation in business analysis, equipping you to excel as a Product Manager. The syllabus focuses on defining requirements, analyzing market trends, and developing product strategies. You will learn how to prioritize features, manage stakeholders, and track product performance. With this knowledge, you can drive product innovation and create value for customers.
Business Process Analyst
Business Process Analyst
Business Process Analysts (BPA) optimize business processes to improve efficiency and effectiveness. This course offers a comprehensive overview of business analysis techniques and strategic thinking, preparing you for success as a BPA. The syllabus includes in-depth coverage of current state analysis, future state design, and risk assessment. You will learn how to identify and address process bottlenecks, implement process improvements, and measure their impact. With this expertise, you can drive operational excellence and contribute to organizational success.
Change Management Consultant
Change Management Consultant
Change Management Consultants guide organizations through complex transitions and transformations. This course provides a strong foundation in business analysis, change management principles, and strategic thinking, empowering you to excel as a Change Management Consultant. The syllabus emphasizes stakeholder management, risk assessment, and communication strategies. You will learn how to plan, implement, and evaluate change initiatives, ensuring that they align with business objectives and minimize disruption. With this expertise, you can help organizations navigate change successfully and achieve their desired outcomes.
Data Analyst
Data Analyst
Data Analysts play a crucial role in transforming raw data into actionable insights. This course provides a solid foundation in business analysis, enabling you to excel as a Data Analyst. The syllabus emphasizes data analysis techniques, including data visualization, data mining, and statistical methods. You will learn how to extract meaningful patterns and trends from data, derive insights, and communicate them effectively to stakeholders. With this knowledge, you can support data-driven decision-making and drive business growth.
Systems Analyst
Systems Analyst
Systems Analysts bridge the gap between business and technology, analyzing and designing IT systems to meet business needs. This course provides a comprehensive overview of business analysis principles and techniques, preparing you for a successful career as a Systems Analyst. The syllabus covers topics such as requirements gathering, system design, and implementation. You will learn how to analyze user needs, develop technical specifications, and manage system development projects. With this knowledge, you can ensure that IT systems align with business objectives and drive organizational success.
IT Project Manager
IT Project Manager
IT Project Managers plan, execute, and deliver IT projects successfully. This course provides a comprehensive overview of project management principles and best practices, preparing you for a successful career as an IT Project Manager. The syllabus covers topics such as project planning, risk management, and stakeholder management. You will learn how to manage IT projects effectively, ensure their alignment with business objectives, and deliver value to the organization. With this knowledge, you can lead IT initiatives and drive organizational success.
Business Intelligence Analyst
Business Intelligence Analyst
Business Intelligence Analysts transform raw data into actionable insights to support decision-making. This course provides a solid foundation in business analysis, data analysis, and strategic thinking, enabling you to excel as a Business Intelligence Analyst. The syllabus covers topics such as data visualization, data mining, and predictive analytics. You will learn how to extract meaningful patterns and trends from data, communicate insights effectively, and support data-driven decision-making. With this knowledge, you can help organizations gain a competitive edge and achieve their goals.
Market Research Analyst
Market Research Analyst
Market Research Analysts gather and interpret market data to inform business decisions. This course provides a solid foundation in business analysis and strategic thinking, equipping you to succeed as a Market Research Analyst. The syllabus covers topics such as survey design, data collection, and statistical analysis. You will learn how to conduct market research studies, analyze competitors, and identify market trends. With this knowledge, you can provide actionable insights that drive product development, marketing strategies, and business growth.
Operations Research Analyst
Operations Research Analyst
Operations Research Analysts use mathematical and analytical techniques to optimize business processes and operations. This course provides a foundation in business analysis and operations research methods, preparing you for a successful career as an Operations Research Analyst. The syllabus covers topics such as linear programming, simulation, and queuing theory. You will learn how to model business problems, analyze data, and develop solutions that improve efficiency, reduce costs, and maximize profits. With this knowledge, you can contribute to the development of innovative and data-driven solutions for complex business challenges.
Risk Analyst
Risk Analyst
Risk Analysts identify, assess, and manage risks to protect organizations. This course provides a foundation in business analysis and risk management principles, preparing you for a successful career as a Risk Analyst. The syllabus covers topics such as risk assessment, risk mitigation, and risk reporting. You will learn how to analyze risks, develop risk management strategies, and communicate risk information effectively. With this knowledge, you can contribute to the development of a robust risk management framework and support organizational resilience.
Data Scientist
Data Scientist
Data Scientists extract knowledge and insights from large amounts of data. This course provides a solid foundation in business analysis, data analysis, and machine learning, equipping you to excel as a Data Scientist. The syllabus covers topics such as data wrangling, data visualization, and predictive modeling. You will learn how to apply data science techniques to solve business problems, make predictions, and drive informed decision-making. With this knowledge, you can contribute to the development of data-driven solutions and support organizational success.
User Experience (UX) Researcher
User Experience (UX) Researcher
UX Researchers study user behavior and design user-centered products and services. This course provides a foundation in business analysis and user research methods, preparing you for a successful career as a UX Researcher. The syllabus covers topics such as user interviews, usability testing, and data analysis. You will learn how to understand user needs, evaluate user experiences, and design products that meet their expectations. With this knowledge, you can contribute to the development of innovative and user-friendly products and services.
Financial Analyst
Financial Analyst
Financial Analysts evaluate and make recommendations on investment opportunities. This course provides a foundation in business analysis and financial principles, preparing you for a successful career as a Financial Analyst. The syllabus covers topics such as financial statement analysis, valuation, and portfolio management. You will learn how to analyze financial data, make investment decisions, and provide financial advice to clients. With this knowledge, you can contribute to the development of investment strategies and support organizational financial success.
For more career information including salaries, visit:
OpenCourser.com/course/l00cso/business
Reading list
We've selected ten books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Business Analysis: Key Definitions & Strategy Analysis.
Provides a comprehensive overview of strategy analysis, covering the different methods and techniques used to understand and evaluate business strategies. It provides valuable insights for business analysts and strategic planners.
Is intended as a practical guide to business analysts and other stakeholders. It covers a broad set of topics from the beginning of a project to the end. It also provides additional assets such as tools, templates and case studies.
Practical guide that helps the reader understand the fundamentals of business analysis including requirements gathering and analysis, process modeling, and communication. It explores the role of a BA with real-world examples making this valuable to both new and experienced analysts.
Save
Compilation of ten essential articles on strategy from Harvard Business Review. It provides a comprehensive overview of the key concepts and frameworks of strategic management.
Provides a comprehensive guide to business analysis and planning, covering the key concepts and frameworks used in business analysis.
Provides a comprehensive overview of systems analysis and design, covering the key concepts, practices, and techniques used in the field.
Save
Provides a simple and practical framework to evaluate the quality of a strategy. It valuable tool for business analysts and strategic planners who need to develop and assess effective strategies.
Promotes the lean approach of building a successful business by testing ideas and iterating quickly. It provides valuable principles and practices for business analysts and entrepreneurs seeking to innovate and develop successful products.
Presents a framework for creating a new market space and making the competition irrelevant. It provides valuable insights for business analysts and strategic planners who need to develop innovative and sustainable strategies.
Explains the challenges that established companies face when confronting disruptive innovations. It provides valuable insights for business analysts and strategic planners who need to understand and navigate disruptive technologies and business models.
For more information about how these books relate to this course, visit:
OpenCourser.com/course/l00cso/business
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Effort
16 hours 55 minutes
Level
Intermediate
Via
Coursera
Institution
Starweaver
Instructor
Igor Arkhipov
Language
English
This course belongs to a
collection
called
Certified Business Analysis Professional™ (CBAP®). It's comprised of four courses:
- Advanced Business Analysis: Elicitation & Analysis
- Business Analysis Mastery: Planning, Skills, and Perspective
- Business Analysis: Key Definitions & Strategy Analysis (viewing)
- Advanced Requirements Management & Solution Evaluation
Good to know
Builds a strong foundation for beginners in business analysis
Strengthens an existing foundation for intermediate business analysts
Covers unique perspectives and ideas that may add color to other topics and subjects
Develops professional skills or deep expertise in business analysis
Taught by Igor Arkhipov, who are recognized for their work in business analysis
Requires no strict prerequisites and is suitable for learners with varying levels of prior knowledge and experience
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