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ed2go Business Operations Introduction to Business Analysis
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business-analyst-training

Introduction to Business Analysis

Give yourself an employment advantage by developing analytical skills that are consistently in high demand. This course will teach you powerful quantitative methods that will have you making better, more informed, and more effective business decisions.

The days of making critical business decisions by instinct or coin toss are long gone. If you are planning a career in business, you cannot afford to miss this course!

6 Weeks / 24 Course Hrs
Starting October 18, 2017

Offered in Partnership with your Preferred School

Anne Arundel Community College Why this school? It's been chosen based on your location or if you've visited this school's website.

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Learning Method

Instructor-led Confirm your Start Date in Cart

Introduction to Business Analysis

Learning Method

Instructor-led Confirm your Start Date in Cart

Introduction to Business Analysis Reviews

Introduction to Business Analysis Details + Objective

Course Code: iba

You Will Learn
  • Learn quantitative methods that will have you making better, more informed, and more effective business decisions
  • Understand probability, sampling and surveys
  • Learn qualitative and quantitative forecasting
  • Understand modeling and how it is used to make better business decisions
  • Learn how financial analysis differs from accounting
  • Examine how to perform a risk analysis
How the course is taught
  • Instructor-led course
  • 6 weeks in duration
  • Courses begin each month
  • 2 lessons released each week
  • 24 course hours
How you will benefit
  • Make better, more informed, and more effective business decisions
  • Give yourself an employment advantage by developing analytical skills that are consistently in high demand
Introduction to Business Analysis Outline
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Week 1

Explore a variety of analytical approaches you can use for making business decisions and look at the basic steps involved in problem solving. Then learn about basic probability concepts and how you assign probabilities to experimental outcomes as you find out how to apply probability concepts to business situations.

Week 2

Understand the concepts of mean and standard deviation and how they're used in business. You'll also learn survey analysis, the various steps involved in doing a survey, and the most common errors that people make. Then, you'll learn how to structure a problem so that when you decide how to deal with it, you know what result to expect. We'll talk about using an optimistic, conservative, and an in-between approach in making decisions.

Week 3

What if the decision you want to make isn't the most sensible one from a financial perspective? There are times when you need to base the worth of a decision on its value to you and you’ll learn about this approach. Then, understand forecasting as it's done in business analysis. You'll learn about the two types of forecasting: qualitative and quantitative.

Week 4

Discover modeling, which is the application of mathematical constructs to decision making. You'll explore simple, intermediate, and complex types of models and discuss the two approaches to model development: reductionist and holistic. Then learn how models are developed within a business organization.

Week 5

In this lesson, you'll look at financial analysis and how it differs from accounting. We'll discuss cost estimating, and various types of business costs, and you'll get familiar with the concepts of break-even analysis and benefit/cost analysis. Then learn the basics of PERT/CPM and how to utilize these techniques in your work.

Week 6

Risk is a part of any business situation, which makes it something you need to consider when you do business analysis, so we'll cover step-by-step procedures for creating and using a simulation model to evaluate risk. Finally, you’ll look at computer-based information systems and their business applications.

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Introduction to Business Analysis Instructors
Matt Crabtree

Matt Crabtree, CFP ®, earned his Bachelor of Science in Business, Information Systems Management, in 1999, a mini MBA certificate from The School of Management at Yale University in 2004, a certificate in Financial Planning from Pepperdine University's Graziadio School of Business in 2012 and has received the financial industry's most rigorous and prestigious professional designation of Certified Financial Planner ™. After many years in project management, office management, and business sales, Matt began training individuals and organizations in areas of business finance, leadership development, successful negotiations, sales management, and customer service excellence. Matt has trained individuals and various units within the U.S. Department of Defense, as well as corporate organizations including IBM (technology), Accuray (healthcare-technology), and Gen-Probe (molecular diagnostics). Matt is registered as a securities broker with the Financial Authority Regulation Authority (FINRA) and with the U.S. stock exchanges (NYSE and NASDAQ) and as an investment advisor with FINRA. Matt's natural aptitude for explaining his material in an easy-to-understand and enjoyable manner allows each student to gain insights into areas that are often considered challenging.

Introduction to Business Analysis Requirements / Prerequisites

There are no prerequisites for this course.

Proficiency with basic algebra.

Introduction to Business Analysis Frequently Asked Questions
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When can I get started?

A new session of each course opens each month, allowing you to enroll whenever your busy schedule permits!

How does it work?

Once a session starts, two lessons will be released each week, for the six-week duration of your course. You will have access to all previously released lessons until the course ends.

How long do I have to complete each lesson?

Keep in mind that the interactive discussion area for each lesson automatically closes 2 weeks after each lesson is released, so you’re encouraged to complete each lesson within two weeks of its release.

What if I need an extension?

The Final Exam will be released on the same day as the last lesson. Once the Final Exam has been released, you will have 2 weeks plus 10 days to complete the Final and finish any remaining lessons in your course. No further extensions can be provided beyond these 10 days.

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