Business Analysis basics

Business analysis is a discipline that involves identifying business needs, finding solutions, and facilitating communication between stakeholders.

It seeks to understand and analyze the needs for projects, processes, or systems in order to meet organizational objectives. 

Business analysts collect information, analyse data, and provide documentation to help guide decision-making and project implementation. 

Effective communication skills, problem-solving abilities, and a thorough knowledge of the business area are required for success in business analysis.

How do I learn the basics of business analysis?

There are a few steps that can help you learn the fundamentals of business analysis and they are:

  • Research and Self-Evaluation: Begin by learning about business analysis principles, processes, and best practises by reading books, articles, and internet resources. Learn the meanings of phrases like requirements gathering, stakeholder analysis, and process modelling.
  • Online Courses: Enroll in business analysis-specific online courses or tutorials. Coursera, Udemy, and LinkedIn Learning all include courses that cover the principles of business analysis.
  • Accreditations: Consider getting a “Certified Business Analysis Professional” (CBAP) certification from the International Institute of Business Analysis (IIBA) or a “PMI Professional in Business Analysis” (PMI-PBA) certification from the Project Management Institute. These certificates can provide you with a defined study route and confirm your expertise.
  • Networking: Join online and offline business analysis communities, forums, and organizations. Engaging with specialists in the subject can provide you with insights, recommendations, and real-world experiences that can help you learn more effectively.
  • Projects Experience: Work on practise projects to put what you’ve learned into practise. To practise gathering requirements, developing documentation, and offering solutions, create hypothetical scenarios or analyze existing business processes.
  • Mentorship: Connect with professional business analysts who can advise you and offer suggestions based on their practical experience if at all possible.
  • Software Applications: Familiarize yourself with business analysis tools such as Microsoft Visio for process modeling, Microsoft Excel for data analysis, and collaboration platforms such as JIRA or Trello for project management.
  • Practical Experience: If you have the opportunity, look for internships or entry-level jobs in organisations where you can gain hands-on experience working with business analysts.

    Keep in mind that studying business analysis is a constant activity. 

    Seek out opportunities to learn, enhance your abilities, and adapt to the ever-changing corporate environment.