what is business planning analyst

Strategy Job Descriptions

Business planning analyst job description, business planning analyst.

As a Business Planning Analyst at [Company Name], you will play a crucial role in driving the company's growth and success. You will be part of the [Team], reporting to the [Reporting To]. In this role, you will work closely with the [Teams Collaboration] to support and strengthen the company's business planning and strategy.

Responsibilities:

• Conduct market research and analysis to identify new business opportunities.
• Assist in the development and implementation of business plans and strategies.
• Analyze financial data and create reports to support decision-making processes.
• Collaborate with cross-functional teams to assess and optimize business processes.
• Monitor and track key performance indicators to evaluate the effectiveness of business initiatives.
• Prepare presentations and reports for senior management and stakeholders.
• Support the development and execution of budgeting and forecasting activities.
• Stay updated on industry trends and competitive landscape to provide insights and recommendations.

Requirements:

• Bachelor's degree in business, finance, or a related field.
• [X years of experience] years of experience in business planning, strategic analysis, or a similar role.
• Strong analytical and problem-solving skills.
• Proficiency in data analysis and financial modeling.
• Excellent communication and presentation skills.
• Ability to work in a fast-paced and dynamic environment.
• Advanced knowledge of Microsoft Excel and PowerPoint.
• Experience with business intelligence tools and ERP systems is a plus.

Success Metrics:

• Timely completion of business plans and strategies.
• Accuracy and quality of financial analysis and reports.
• Contribution to improved business processes and efficiency.
• Positive feedback from senior management and stakeholders.

Your role as a Business Planning Analyst at [Company Name] will be instrumental in driving the company's growth, development, and achievement of strategic objectives. By providing valuable insights and supporting the implementation of effective business plans and strategies, you will contribute to the overall success of the organization.

Add [Contact Name] at [Email] to apply.

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Use our free tailored job description for the role of Business Planning Analyst. Our job description provides detailed responsibilities, requirements, success metrics, and more. It can be customized to meet the specific needs of your organization. Take the guesswork out of hiring and ensure you find the perfect candidate for the job.

About the Business Planning Analyst

A Business Planning Analyst plays a crucial role in the organization's strategic planning and execution. They are responsible for analyzing market trends, financial data, and business performance to develop actionable plans and recommendations. They collaborate with cross-functional teams to identify opportunities for growth, improve operational efficiency, and drive overall business success.

FAQs about the Business Planning Analyst

What is the role of the business planning analyst about.

The role of the Business Planning Analyst is to support the organization's strategic planning and execution efforts. They gather and analyze data, develop insights, and provide strategic recommendations to drive business growth. Our tailored job description provides a detailed overview of the responsibilities, requirements, and success metrics for this role. Examples of tasks may include conducting market research, creating financial models, and assisting with budget planning.

Why do you need a Business Planning Analyst?

A Business Planning Analyst is essential for effective strategy execution. They help organizations make informed decisions, identify growth opportunities, and align resources to achieve strategic goals. This supporting strategy execution role depends on the specific needs and structure of the organization. However, having a skilled Business Planning Analyst can significantly enhance the organization's ability to drive success and navigate complex business challenges.

What would be an average salary for the Business Planning Analyst?

The average salary for a Business Planning Analyst in the US ranges from $60,000 to $90,000 per year, depending on factors such as experience, location, and company size. This estimate is based on data from reputable sources like Glassdoor and can vary depending on the specific circumstances of each position.

Ready to find your next Business Planning Analyst? Create your tailored job description.

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How to Become a Planning Analyst

Learn what it takes to become a Planning Analyst in 2024, and how to start your journey.

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For decades, organizations’ finance departments have used FP&A to budget and forecast within a fiscal year, conduct historical reporting, and generate standard reports. While this traditional approach worked well in the past, businesses today face a host of global and local challenges that require their finance groups to take a cross-enterprise approach, incorporating activities from functions that are crucial to moving the business forward—such as sales, marketing, and operational planning—to align with their company’s strategic vision.

We call this holistic approach business planning and analysis, or BP&A. The end result? Planning becomes a more dynamic process that focuses on the future in a more effective and efficient manner.

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Introduction & Guidance To Business Analysis Planning and Monitoring

More often than not, the outcome of the business analysis project is directly dependent on proper planning.

The business analysis planning and monitoring activity lays out the groundwork necessary for the successful completion of the whole project.

Monitoring also plays a key role in evaluating the business analysis work during the project. Detailed planning and close monitoring are essential for delivering the desired outcomes.

Table of Contents

Introduction – business planning and monitoring.

They determine how changes are requested and analysed and determine the right approach that will satisfy the need of the organisation. 

Also, they evaluate how business analysis performance has contributed to the implementation of the solution . As for the stakeholders , the BA’s job is to analyse their needs and characteristics to ensure proper planning and monitoring. 

Furthermore, at this stage, they need to conduct performance analysis so the planned activities will deliver a satisfying value to the business. 

All of this would not be possible without ensuring a complete understanding of the organisational context and developing the right analysis approach.

The BABOK guide includes five tasks that BAs should perform as a part of the business analysis planning and monitoring knowledge area. 

These tasks focus on organising and coordinating analysts and stakeholders, planning the approach to specific parts of a project, and defining the roles. They should produce outputs that can serve as a foundation for tasks in other knowledge areas.  We’ll take a closer look at all five of these tasks.

Plan Business Analysis Approach

The plan business analysis approach task defines and creates methods that will be used while performing business analysis activities.

The outputs produced here are a groundwork for the tasks form all of the other knowledge areas. It determines the timeline of the projects, what and when will be performed, and which deliverables are expected.

Also, planning the business analysis approach identifies suitable techniques and tools which will be used over the course of the project.

Some organisations already have established and formalised procedures and approaches and the analyst will have to work within these standards.  Of course, this doesn’t necessarily mean that some of these approaches won’t have to be adjusted as the project progresses.

In organisations without set procedures, the BA will work with stakeholders to devise the most suitable approach.

The main inputs of planning a business analysis approach are the needs of a specific organisation – problems or opportunities that the organisation is facing.

The business analyst must have a full understanding of the organisational needs as he starts the planning and be aware that those needs may change during the project. 

The expected output of this task is to define the business analysis activities and approach necessary for achieving the desired goals, determine work timeline and sequencing, decide on techniques to be used, and determine expected deliverables.

Plan Stakeholder Engagement

Planning the stakeholder engagemen t includes establishing and maintaining a fruitful collaboration with stakeholders, understanding their roles and relevance, and identifying their needs. To communicate in the best possible way, the business analyst must perform a thorough analysis of all of the crucial stakeholders and their characteristics.

The more stakeholders are involved, the more complex the task becomes, the inclusion of every new stakeholder may require the use of a different technique or the adjustment to the existing approach.

Similar to the previous task the main input of planning the stakeholder engagement is the organisational need. If the analyst has an understanding of the needs, proper identification of key stakeholders will be much easier. Another significant input is the overall business analysis approach as it ensures better stakeholder analysis and communication.

Planning stakeholder engagement should provide a stakeholder engagement approach as an output, containing information on the number of stakeholders, their characteristics, roles, and assignments.

The main elements of the task of planning stakeholder engagement are:

• Performing stakeholders analysis – identifying roles, attitudes, decision-making authority, level of power or influence;
• Defining stakeholder collaboration;
• Stakeholder communication needs.

Guidelines and tools that a business analyst will lean on while planning stakeholder engagement are business analysis performance assessment, change strategy, and current state description.

The key stakeholders for this task are customers, domains subject matter expert, end-user, project manager, regulator, sponsor, and supplier.

Plan Business Analysis Governance

To plan business analysis governance is to define business analysis components that will serve as a support of governing function in an organisation. It’s defining how decisions are made on all aspects of the business, including designs, requirements, reviews, changes, and prioritisation.

For the organisation to function properly, the process of governance should be clear and unambiguous. All of the decision-makers and their competencies must be clearly identified. Also, the information needed to make the decision should be precisely defined.

The primary inputs in planning business analysis governance are business analysis approach which ensures consistency in planning and stakeholder engagement approach which provides information on stakeholders, their characteristics, needs, and roles.

When performed in the right way the planning of business analysis governance should provide an output of governance approach which contains information on decision making stakeholders and their authority and responsibility.

The business analysis governance planning includes the following key elements:

• Decision making;
• Change control process;
• Plan prioritisation approach;
• Plan for approvals.

Guidelines and tools that will come useful for planning business analysis governance are business analysis performance assessment, business policies, the current state description, and legal/regulatory information.

Stakeholders of significance for business analysis governance planning are domain subject matter expert, project manager, regulator, and sponsor.

Plan Business Analysis Information Management

The role of business analysis information management planning is to define the way information gathered during the business analysis process will be captured, stored, accessed, and integrated with other available information. This includes all information elicited, created, and compiled over the course of the business analysis process.

The amount of information obtained this way can be enormous and proper handling is essential for its future use. All of the information should be optimised and easily accessible for whatever period it is needed.

Business analysis information management planning uses all of the outputs from previous tasks as its input. This includes the business analysis approach, stakeholder engagement approach, and governance approach. The main expected output is the information management approach which defines the state of information upon the completion of the change.

The key elements of planning the business analysis information management task are:

• Organisation of business analysis information;
• Level of abstraction;
• Planning a traceability approach;
• Planning for requirement reuse;
• Storage and access;
• Requirements attributes.

Guidelines and tools used during this task are business analysis performance assessment, business policies, information management tools, and legal/regulatory information.

The main stakeholders with the role to play at this stage are domain subject matter expert, regulator, and sponsor.

Identify Business Analysis Performance Improvements

Identifying business analysis performance improvement s include monitoring and management of business analysis performance in order to ensure the realisation of improvements and securing continuous opportunities.

It’s the assessment of the work that the business analyst has done and serves as a guideline for implementing improvements where needed. This task consists of establishing performance measures, conduction analysis based on those measures, reporting, and identifying potential necessary actions.

The primary inputs are business analysis approach and performance objectives which are the external goals set by an organisation. The output of this task is the business analysis performance assessment. It details puts actual performance against the planned one, identifies potential issues, and proposes solutions.

Identifying business analysis improvements includes a few key elements:

• Performance analysis;
• Assessment measures;
• Analysing the results;
• Recommending actions for improvement,

The main tool used here is the organisation performance standard including performance metrics or organisational expectations.

For this business analysis planning and monitoring task, the main stakeholders are domain subject matter expert, project manager, and sponsor.

Business Analysis Approach Template

Having a set of business analysis planning and monitoring templates will help you provide the groundwork for the successful completion of your whole project.

Conclusion – Business Analysis Planning and Monitoring

In all business analysis projects whether waterfall or agile the business analyst will need to understand and review their business analysis planning and monitoring approach to suite the context of their project (and also when they arrived in the project).

This article has provided an introduction to the business analysis planning and monitoring activities necessary for the successful completion of the whole project.

Learn more about the other IIBA business analysis knowledge areas:

Jerry Nicholas

Jerry continues to maintain the site to help aspiring and junior business analysts and taps into the network of experienced professionals to accelerate the professional development of all business analysts. He is a Principal Business Analyst who has over twenty years experience gained in a range of client sizes and sectors including investment banking, retail banking, retail, telecoms and public sector. Jerry has mentored and coached business analyst throughout his career. He is a member of British Computer Society (MBCS), International Institute of Business Analysis (IIBA), Business Agility Institute, Project Management Institute (PMI), Disciplined Agile Consortium and Business Architecture Guild. He has contributed and is acknowledged in the book: Choose Your WoW - A Disciplined Agile Delivery Handbook for Optimising Your Way of Working (WoW).

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30 Business Planning Analyst Interview Questions and Answers

Common Business Planning Analyst interview questions, how to answer them, and example answers from a certified career coach.

A business planning analyst is a key player in steering the strategic direction of an organization. By interpreting data, forecasting trends, and developing actionable insights, you help shape the future success of the company. But before you can take on this influential role, you must first navigate the interview process.

Interviews for a business planning analyst position can be intricate and challenging, as they are designed to assess not only your technical skills but also your ability to think critically and strategically about complex business scenarios. To equip you with the right tools for your upcoming interview, we’ve compiled a list of common questions faced by business planning analysts, along with insightful guidance on how to craft compelling responses.

1. Can you describe a time when your analysis significantly influenced a business decision?

The essence of a Business Planning Analyst’s role is to provide data-driven insights that guide strategic decisions. Therefore, interviewers want to know if you have successfully used your analytical skills to influence a business decision in the past. This helps them gauge your impact and effectiveness in the role. This question also sheds light on your problem-solving abilities and how you use data to drive solutions.

Example: “In a previous role, our company was considering expanding into a new market. I conducted an in-depth analysis of the potential market size, competition, and consumer behavior. My findings showed that while there was demand for our product, the competition was intense and consumer loyalty to existing brands was high.

I presented my findings to management, emphasizing the risks associated with this move. Based on my analysis, they decided to postpone the expansion and instead focus on strengthening our position in existing markets. This decision helped save significant resources that could have been potentially wasted.”

2. How have you used data analysis to drive business planning in your previous roles?

This question is posed to understand your ability to navigate the complex world of data analysis and apply its outcomes to business planning. It is essential in businesses today to make decisions based on data-driven insights. This question will allow the hiring manager to gauge your analytical thinking, your practical application of data analysis, and your understanding of how data can shape and influence business strategy.

Example: “In one project, I used data analysis to identify a significant drop in sales for a specific product line. By analyzing customer feedback and market trends, I found that the decline was due to increased competition.

I presented these findings to management with a proposal for a new marketing strategy focused on differentiating our product from competitors. This led to a 20% increase in sales over the next quarter.

In another instance, I analyzed operational data to identify inefficiencies in our supply chain process. After implementing recommended changes based on my analysis, we saw a 15% reduction in delivery times and associated costs.

These experiences underscore how crucial data analysis is in driving effective business planning.”

3. How do you handle situations where data is incomplete or inconsistent?

Data is the backbone of strategic business decisions, but it’s not always perfect. Sometimes, information is missing, inconsistent, or just plain hard to interpret. Hiring managers want to see that you can think on your feet and come up with solutions to data problems that could potentially throw your analyses and subsequent recommendations off track.

Example: “In situations with incomplete or inconsistent data, I first identify the gaps and inconsistencies. Then, I communicate these issues to relevant stakeholders for clarification or additional information.

If this isn’t possible, I use statistical methods like imputation to handle missing data, ensuring that any assumptions made align with our understanding of the business environment.

For inconsistent data, I would cross-verify it with other reliable sources. If discrepancies persist, I’d lean on domain knowledge and context to make educated decisions about which data is most likely accurate.

Throughout this process, transparency is vital. I document all steps taken so that others can understand the reasoning behind my decisions.”

4. What techniques do you use to ensure accuracy in your analysis?

Accuracy is the backbone of a business planning analyst’s job. It’s paramount that you are able to generate precise and reliable data and insights to guide business decisions. Hence, hiring managers want to understand if you have a systematic approach to minimize errors, whether it’s double-checking your work, using specific tools or software, or applying certain analytical techniques. Your response to this question would help them assess your attention to detail and your commitment to delivering accurate work.

Example: “I ensure accuracy in my analysis by employing a few key techniques. I use data validation to ensure that the information I’m working with is clean and accurate. Cross-referencing data from different sources also helps me verify its validity.

I often utilize statistical methods to identify any outliers or anomalies which could potentially skew the results.

Another important practice is double-checking calculations and formulas used in spreadsheets, as even small errors can have significant impacts on the final outcome.

Lastly, peer reviews are invaluable for catching mistakes and providing new perspectives on the data. This collaborative approach not only improves accuracy but also enhances the overall quality of the analysis.”

5. Describe a time when you had to present complex information to non-technical stakeholders. How did you ensure they understood your findings?

The ability to translate complex data into digestible, understandable information is a key skill for a Business Planning Analyst. Your job isn’t just about crunching numbers, but also about helping others in your organization understand what those numbers mean. This question is designed to assess your communication skills and your ability to make data accessible to all, regardless of their technical expertise.

Example: “During a project, I had to explain the impact of supply chain disruptions on our company’s financial performance to non-technical board members. To ensure clarity, I used simple language and avoided jargon. I also utilized visual aids like charts and graphs to illustrate key points.

I prepared a mock Q&A session with my team beforehand to anticipate possible questions. This helped me address potential areas of confusion during the actual presentation. The stakeholders appreciated this approach and were able to grasp the implications of my findings effectively.”

6. How do you approach the task of creating a business plan from scratch?

Creating a business plan from scratch involves a deep understanding of the company’s operations, goals, and market environment. So, when you’re asked this question, the interviewer is trying to gauge your strategic thinking skills, how well you understand the components of a business plan, and your ability to apply this understanding in real-world situations. They want to know if you can define clear, achievable goals, develop strategies to meet those goals, and design a plan that aligns with the overall business objectives.

Example: “Creating a business plan from scratch involves thorough market research to understand the industry, competition, and target audience. It’s crucial to define clear objectives and strategies for achieving them.

A strong financial forecast is essential, outlining expected revenue, expenses, and profitability. Risk assessment also plays a key role in planning for potential challenges and devising mitigation strategies.

The executive summary should be compelling, summarizing the entire plan while enticing readers to delve deeper.

Throughout this process, I believe in maintaining open communication with stakeholders, ensuring their insights are incorporated into the plan. This collaborative approach fosters buy-in and shared ownership of the final plan.”

7. Tell me about a time when your forecast was significantly off. How did you handle that situation?

Forecasting is a fundamental part of business planning, yet it’s never 100% accurate. Employers want to see how you handle unexpected circumstances and deviations from your plan. This question aims to assess your ability to quickly adapt and make strategic decisions when things don’t go as planned. It also gives them insight into your problem-solving skills and how you handle accountability for your mistakes.

Example: “During a major product launch, my forecast was significantly off due to unexpected market changes. I immediately communicated the discrepancy to relevant stakeholders and initiated an in-depth analysis to identify the factors that led to this deviation.

After identifying that a sudden shift in consumer behavior was the primary cause, I revised our forecasting model to better capture these variables. This experience taught me the importance of continually refining predictive models and maintaining open communication lines when discrepancies occur.”

8. How do you ensure your business plans align with the company’s strategic goals?

A company’s strategic goals are the compass guiding its journey, and as a business planning analyst, your role is to map out that journey. Employers want to know that you can create plans that not only address immediate needs but also steer the company towards its long-term objectives. Your understanding of the company’s vision and your ability to align your plans with it is a vital attribute they are looking for.

Example: “To ensure business plans align with the company’s strategic goals, I start by thoroughly understanding these goals. I then integrate them into every stage of planning, from initial brainstorming to final execution.

I employ data analysis and market research to validate each decision against our objectives. Regular reviews are also crucial for maintaining alignment as it allows for adjustments based on real-time feedback.

Collaboration is another key aspect. By working closely with different departments, we can ensure that all perspectives are considered and the plan supports overall strategy.

In essence, a combination of comprehensive understanding, data-driven decisions, regular reviews, and cross-departmental collaboration ensures alignment between business plans and strategic goals.”

9. How would you approach a scenario where the business objectives change mid-way through the planning process?

Well, change is the only constant in the business world. As an analyst, you’re expected to be flexible, adaptable, and quick on your feet. The ability to pivot and adjust strategies in response to changing business objectives is a critical skill, and interviewers want to see how you handle such situations. They’re interested in your problem-solving abilities, your creativity, and your resilience in the face of challenges.

Example: “When business objectives change mid-way through the planning process, it’s crucial to remain flexible and adaptable. I would first evaluate the new objectives in relation to our current plan.

Next, I’d identify areas that need adjustments and determine how these changes can be implemented without disrupting ongoing operations too much. This might involve re-prioritizing tasks or reallocating resources.

Communication is key during this transition. I would ensure all stakeholders are informed about the changes and understand their new roles and responsibilities.

Lastly, monitoring progress and adjusting as necessary is essential to ensure the revised plan aligns with the updated business objectives.”

10. Can you describe your experience with financial modelling and budgeting?

By asking this question, employers are trying to gauge your understanding and proficiency in financial modeling and budgeting. It’s an integral part of a Business Planning Analyst’s role, as these skills are essential for making strategic business decisions, forecasting future financial performance, and guiding budget allocation. They’re interested in your ability to use financial data to analyze business trends and make strategic recommendations.

Example: “I have extensive experience in financial modelling and budgeting. During my MBA, I specialized in finance which provided me with a solid theoretical foundation.

Post-graduation, I worked on several projects where I developed and analyzed complex financial models to support strategic decision-making processes. This involved forecasting revenues, costs, and cash flows.

In terms of budgeting, I’ve managed annual budgets for large-scale projects, ensuring alignment with business objectives. My role included tracking expenditures, identifying variances, and suggesting corrective actions.

My proficiency in Excel and financial software, coupled with strong analytical skills, enables me to create accurate forecasts and budgets.”

11. What methods do you use to keep track of industry trends and how do you incorporate them into your business plans?

Stepping into the shoes of a Business Planning Analyst requires you to be a keen observer of industry trends and to have the ability to incorporate these into your strategic plans. This question aims to assess your analytical skills, your ability to stay updated with market trends, and how well you can utilize this knowledge in formulating business strategies. The goal is to ensure that you can make the business adaptable and future-proof.

Example: “I use a combination of industry reports, webinars, and networking events to stay abreast of trends. I also subscribe to relevant newsletters and follow thought leaders on social media platforms for real-time updates.

Incorporating these trends into business plans involves analyzing their potential impact on our operations or market position. If the trend aligns with our strategic goals, I propose ways we can leverage it to drive growth or improve efficiency. Conversely, if it poses a threat, I suggest mitigation strategies to minimize its negative effects.”

12. How do you prioritize tasks when working on multiple projects simultaneously?

As a Business Planning Analyst, you’ll be juggling multiple projects with various deadlines and scopes. The ability to prioritize tasks effectively is key to managing your workload and meeting project deadlines. This question gives hiring managers a glimpse into your organizational skills and how you manage pressure and competing demands.

Example: “When working on multiple projects, I prioritize tasks based on their urgency and importance. Urgency refers to the time sensitivity of a task while importance pertains to its impact on the project or business goals.

I use tools like Trello or Asana for visualizing tasks and deadlines which helps in maintaining an organized workflow.

Communication with team members is also crucial as it aids in understanding dependencies and aligning priorities accordingly. Regular check-ins ensure everyone is on the same page and delays are minimized.

Constant re-evaluation of tasks is necessary due to changing circumstances or sudden urgencies. This flexible approach ensures that critical tasks don’t fall through the cracks.”

13. What is your approach to risk assessment when developing a business plan?

Risk assessment is a critical part of business planning. Businesses live in a world of uncertainty, and the ability to anticipate potential challenges and plan for them is a valuable skill. When hiring managers ask about risk assessment, they’re looking to see if you can identify potential pitfalls, weigh their impact, and develop strategies to manage them. This ensures that the business plan you create is robust, resilient, and ready to handle whatever comes its way.

Example: “In risk assessment for a business plan, I prioritize identifying potential risks that could impact the project. This includes both internal and external factors such as market volatility or operational inefficiencies.

After identification, I quantify these risks by assessing their potential impact and probability of occurrence. Tools like SWOT analysis and PESTEL framework can be helpful in this process.

Finally, I develop mitigation strategies to minimize the impact of these risks. This might involve diversifying resources, implementing contingency plans, or investing in insurance policies. The goal is to ensure that the business is prepared for any eventualities and can adapt quickly to changes.”

14. How have you used business intelligence tools in your previous roles?

Understanding your ability to use business intelligence tools is key for hiring managers because these tools are often the backbone of a business planning analyst’s work. They not only help in gathering and analyzing data but also in providing insights that influence strategic decisions. Your experience with these tools can show your proficiency in data analysis, and your ability to leverage data to drive business growth and improvement.

Example: “In the past, I’ve utilized business intelligence tools to analyze and interpret data that influenced strategic decisions. For instance, using Tableau, I created interactive dashboards for real-time tracking of key performance indicators.

I also used Power BI to identify trends and patterns in large datasets which helped in forecasting future outcomes. This not only improved operational efficiency but also provided valuable insights for decision-making processes.

Moreover, SQL was instrumental in managing and manipulating databases to ensure accurate and timely reporting. These experiences have honed my skills in leveraging business intelligence tools to drive growth and profitability.”

15. Can you describe a time when you had to make a critical decision based on your analysis? What was the outcome?

The crux of a Business Planning Analyst’s role is to analyze data, make informed recommendations, and sometimes, even critical business decisions. By asking this question, the hiring manager wants to assess your ability to use data-driven insights to make strategic decisions, your judgment, your analytical skills, and your impact on the business. It’s also a way to gauge your experience and effectiveness in similar roles or situations.

Example: “In one instance, I was tasked with analyzing sales data to determine the viability of a new product launch. My analysis revealed that while there was significant interest in the product, it would not be profitable due to high production costs and market competition.

I presented these findings to senior management. Despite initial resistance, they agreed to halt the product launch. This decision saved the company from potential financial loss and allowed resources to be redirected towards more promising projects.”

16. How do you communicate your findings to the leadership team to influence decision-making?

Diplomacy, communication, and persuasion skills are all vital for a Business Planning Analyst. Your ability to translate complex data into actionable insights in a clear, concise manner can make the difference between an idea that gathers dust on a shelf and one that transforms the business. Therefore, employers want to ensure you have the ability to articulate your findings effectively to influence decision-making at the top level.

Example: “To effectively communicate my findings to the leadership team, I focus on clarity and relevance. I present data visually when possible, as graphs or charts can often convey information more efficiently than text.

I also frame my findings in terms of business objectives to highlight their significance. For instance, if a trend in the data suggests an opportunity for cost reduction, I would emphasize how this aligns with our goal of improving profitability.

Moreover, I ensure to provide actionable insights instead of raw data. This involves interpreting the data, identifying patterns, drawing conclusions, and suggesting next steps based on these conclusions. By doing so, I aim to facilitate informed decision-making.”

17. What experience do you have with process improvement and efficiency analysis?

The backbone of a business planning analyst’s role is to identify areas of improvement, streamline processes, and ultimately, enhance business efficiency. By asking this question, the hiring manager wants to gauge your experience in these areas. They’re interested in your ability to identify problems, propose solutions, and implement changes that can have a tangible impact on the business’s bottom line.

Example: “I have been involved in several process improvement initiatives. I used Lean Six Sigma methodologies to identify inefficiencies and redundancies, then proposed solutions that increased productivity by 20%.

In terms of efficiency analysis, I’m adept at using tools like time-motion studies and workflow mapping. For instance, I once identified a bottleneck in an operational procedure which was resolved by redistributing tasks among team members, leading to a 15% increase in speed.

My experience has taught me the importance of data-driven decisions and continuous monitoring for sustainable improvements.”

18. How do you approach the task of integrating new business strategies into existing plans?

The essence of a Business Planning Analyst role is to constantly adapt and adjust to the changing business landscape. Interviewers want to confirm that you have the ability to seamlessly incorporate new strategies into existing plans. Your approach speaks volumes about your analytical skills, flexibility, and understanding of the business’s overall objectives.

Example: “When integrating new business strategies into existing plans, I start by conducting a thorough analysis of the current plan to identify its strengths and weaknesses. This provides a clear understanding of what needs improvement.

Next, I align the new strategy with the company’s overall objectives to ensure it supports our goals.

I then develop an implementation roadmap detailing how we will transition from the current plan to the new one. This includes identifying key milestones, resources required, and potential challenges.

Finally, I establish metrics for tracking progress and adjusting the strategy as necessary based on performance feedback. It’s crucial to have a flexible approach that allows for adjustments in real-time.”

19. What is your process for conducting market research and competitive analysis?

As a Business Planning Analyst, your ability to conduct effective market research and competitive analysis is a key component of your role. This process is critical in helping your organization understand its position within the market and make informed, strategic decisions. By asking this question, the interviewer is seeking to understand your approach, the tools you use, and how your research ultimately informs strategy.

Example: “To conduct market research, I start by defining the problem or opportunity. Then, I collect data from primary and secondary sources, which includes customer surveys and industry reports respectively. This helps to understand consumer behavior and trends.

For competitive analysis, I identify key competitors and analyze their products, sales, and marketing strategies. Tools like SWOT analysis are used to evaluate their strengths, weaknesses, opportunities, and threats.

Both processes involve synthesizing information into actionable insights, which can guide strategic decision-making. Regular monitoring is essential to stay updated with changing market dynamics.”

20. How have you used key performance indicators (KPIs) in your previous roles?

This question aims to gauge your understanding of key performance indicators, their importance, and how well you can use them to drive business strategy. KPIs play a pivotal role in business planning and strategy, so it’s essential to know how to identify, track, and interpret them to inform decision-making, project prioritization, and overall business performance.

Example: “In one of my projects, I used KPIs to measure the performance and success rate of a new product launch. The key indicators included sales volume, market share, and customer satisfaction rates.

I analyzed these metrics regularly to assess if our strategies were effective or if adjustments needed to be made. This data-driven approach helped us identify areas for improvement quickly, enabling faster decision-making and ultimately leading to a successful product launch.

Using KPIs in this way allowed us to stay focused on our goals and ensured we were making progress towards achieving them.”

21. Can you describe a time when you had to revise a business plan due to unforeseen circumstances?

As a Business Planning Analyst, you’re not only tasked with creating effective business plans, but also adapting them when unforeseen challenges arise. Flexibility and problem-solving skills are key in this role. Therefore, hiring managers ask this question to determine how you handle change and unexpected obstacles, and if you can think on your feet to revise plans and still achieve business objectives.

Example: “In one instance, our team had developed a robust business plan for launching a new product line. However, just before the launch, a competitor released a similar product with advanced features.

Recognizing the need to pivot quickly, we revised our plan focusing on differentiating factors like superior customer service and flexible pricing models. We also accelerated the development of additional features that were initially planned for future releases.

The revision required intense collaboration across departments but ultimately led to a successful product launch despite the unexpected competition. This experience reinforced my belief in agility and adaptability as key elements in business planning.”

22. How do you ensure that your business plans are flexible and adaptable to change?

The business landscape is always shifting; it’s a dynamic entity. Therefore, hiring managers need to ensure that you are not just focused on creating rigid plans but are also capable of adapting to new challenges, market trends, or changes in the company’s strategy. Your ability to create flexible and adaptive plans is essential to keep the business agile and prepared for unforeseen circumstances.

Example: “To ensure business plans are flexible and adaptable, I incorporate scenario planning. This involves creating multiple forecasts based on different circumstances to prepare for various outcomes.

Another strategy is continuous monitoring and evaluation of the plan’s progress. By tracking key performance indicators (KPIs), we can identify when adjustments may be needed.

Lastly, maintaining open lines of communication within the team fosters an environment that embraces change. This allows us to adapt quickly when necessary.”

23. Can you describe your experience with project management and coordination?

The essence of a Business Planning Analyst’s role involves managing and coordinating various tasks to ensure the smooth running of business operations. This question is designed to gauge your ability to oversee projects, coordinate with different teams, and manage timelines and deliverables efficiently. It seeks to understand your competency in balancing multiple tasks, prioritizing, and ensuring all projects are completed successfully and on time.

Example: “In my experience, effective project management involves strategic planning, resource allocation, and risk assessment. I’ve managed several high-stakes projects, ensuring they are completed within the set timeframe and budget.

As for coordination, it’s about fostering a collaborative environment. In past projects, I’ve coordinated with various departments to ensure alignment of objectives. This involved regular communication, conflict resolution, and team building activities.

My approach is data-driven, using tools like MS Project and Jira for tracking progress. I also use SWOT analysis for risk mitigation, which has significantly reduced project delays in my experience.

Overall, my expertise lies in managing and coordinating complex projects while maintaining efficiency and meeting deadlines.”

24. How do you handle situations where your recommendations are not implemented?

This question is designed to test your resilience and adaptability. In a business environment, not all your recommendations or proposals will be accepted or implemented. The interviewer wants to see how you handle such situations, whether you can accept feedback positively, learn from the experience, and continue to contribute constructively to the team and organization.

Example: “In situations where my recommendations aren’t implemented, I respect the decision-making process and understand that there could be various factors at play. However, I believe in constructive dialogue. So, I would seek feedback to understand why my suggestions were not adopted. This helps me learn and improve my future proposals.

Moreover, I consider such instances as opportunities for growth. They allow me to reassess my approach, refine my analytical skills, and enhance my understanding of business needs. It’s all about maintaining a positive attitude, staying resilient, and continuously striving for improvement.”

25. What is your approach to stakeholder management when developing a business plan?

Stakeholder management is an essential part of developing a business plan. As a Business Planning Analyst, you’re expected to engage stakeholders at all levels, understand their concerns and expectations, and incorporate their feedback into your plan. The interviewer wants to understand your ability to balance different perspectives and collaborate effectively with a variety of individuals and teams. The ultimate goal is to ensure the plan you develop is comprehensive, realistic, and supported by key stakeholders.

Example: “My approach to stakeholder management in business planning involves clear communication, active listening, and collaboration. I ensure stakeholders are informed about the plan’s progress, challenges, and changes.

Understanding their concerns and expectations is crucial, so I engage them through regular meetings and feedback sessions. This helps align their interests with the business objectives.

Collaboration is key for successful implementation of a plan. I involve stakeholders in decision-making processes where necessary, fostering ownership and commitment. By balancing their needs and business goals, we can achieve a mutually beneficial outcome.”

26. How do you stay updated on the latest business analysis tools and techniques?

Analysts are expected to be on the cutting edge of the tools and techniques that can help businesses run more efficiently. By asking this question, hiring managers are trying to gauge your commitment to continuous learning and your ability to adapt to new technologies and methodologies. It’s an indicator of your passion for the field and your resourcefulness in staying updated.

Example: “I regularly attend webinars and workshops to stay updated on the latest business analysis tools. Reading industry-specific publications, like Harvard Business Review, also helps me keep abreast of new methodologies. Participating in online forums and communities such as LinkedIn groups for Business Analysts provides insights from peers. I am also a member of the International Institute of Business Analysis which offers resources and updates on current trends and technologies in the field.”

27. What experience do you have with cross-functional collaboration in business planning?

In the dynamically connected world of business, cross-functional collaboration is key to achieving comprehensive and effective business planning. Hiring managers want to assess your experience and skills in collaborating with different departments. It’s not just about your analytical abilities, but also your communication and teamwork skills. Your ability to work cross-functionally can directly impact the quality of the business plan and its execution.

Example: “In my experience, cross-functional collaboration is essential for effective business planning. I’ve worked closely with teams from marketing, sales, and operations to align our strategies and objectives.

One project involved developing a new product launch plan. By collaborating with the marketing team, we were able to identify key market trends and customer needs that guided our product development. Working with the sales team helped us understand potential challenges in selling the product and informed our pricing strategy.

This collaborative approach not only ensured a successful product launch but also fostered a culture of open communication and mutual respect among different departments. It’s these experiences that make me confident in my ability to facilitate cross-functional collaboration in business planning.”

28. How do you handle disagreements or conflicts during the planning process?

Conflict is inevitable in any workplace, and it can be particularly prevalent in roles such as a Business Planning Analyst where you are often working collaboratively on complex projects. Interviewers want to see how you navigate these situations. Your ability to handle disagreements and conflicts not only speaks to your interpersonal skills, but also your problem-solving abilities and your capacity to maintain a productive and positive work environment.

Example: “In handling disagreements or conflicts during planning, I believe in open communication and collaboration. It’s essential to understand different perspectives as they often bring valuable insights.

If a conflict arises, I would facilitate a discussion where each party can express their views. We then explore these viewpoints, focusing on the objectives of the project rather than personal opinions.

I also find it beneficial to refer back to our shared goals and data-driven evidence when making decisions. This approach helps keep discussions objective and focused on finding the best solution for the business.”

29. Can you describe a time when your analysis uncovered a significant opportunity for business growth?

The essence of a business planning analyst’s role is to scrutinize data and identify new opportunities for growth and development. Hence, hiring managers look for candidates who can demonstrate their ability to identify such opportunities and their potential impact on the company’s bottom line. They want to see your problem-solving skills, analytical thinking, and ability to make data-driven decisions that can contribute to the company’s growth.

Example: “In one instance, I was analyzing sales data for a retail client. I noticed that while overall sales were steady, there was a significant drop in a specific product category.

Upon further investigation, I discovered that this decline was due to an increase in competitor activity. However, our product had better reviews and customer satisfaction scores.

I proposed a targeted marketing campaign highlighting these strengths. As a result, we regained market share and increased sales by 20% over the next quarter. This experience taught me the importance of continuous monitoring and in-depth analysis to identify growth opportunities.”

30. How do you balance the need for immediate results with long-term strategic planning?

This question is designed to gauge how well you can manage the sometimes conflicting needs of short-term tasks and long-term goals. As a business planning analyst, you’ll be required to maintain a strategic vision while managing immediate operational needs. Your ability to balance these aspects effectively is key for ensuring the business’s sustainable growth and success.

Example: “Balancing immediate results with long-term strategic planning requires a clear understanding of the business’s objectives and priorities. I believe in setting short-term goals that align with our long-term vision, ensuring each step we take contributes to overall growth.

It’s essential to maintain flexibility, as market dynamics can change rapidly. Therefore, while focusing on quick wins for momentum, it’s crucial not to lose sight of the bigger picture.

Effective communication across teams is also key. This ensures everyone understands how their work impacts both immediate outcomes and long-term strategy. By integrating these elements, we can achieve a balance between immediate results and long-term success.”

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What They Do

What does a Planning Analyst do?

As a planning analyst, you will be responsible for designing and implementing a company's business and marketing strategies with the goal of driving profits and reducing costs. You will propose measures to enhance an organization's overall efficiency, and guide managers on ways to strengthen profit margins through risk awareness reduced costs, and increased revenues. Other duties include conducting risk analyses to identify areas of potential failure, maintaining the business continuity program, and handling internal and external corporate communications with the investment community and industry analysts.

• Responsibilities
• Skills And Traits
• Comparisions
• Types of Planning Analyst

Planning analyst responsibilities

Planning analysts play a crucial role in ensuring smooth operations and efficient resource allocation. They are responsible for managing inventory levels, scheduling customer orders, and communicating production plans to relevant departments. Their responsibilities also include conducting data analysis to identify trends and make informed recommendations. As Octavian Ionici PhD, Sr. Lecturer in Finance at American University, emphasizes, "Being able to articulate what sparked their interest in the financial field and why they are interested in a chosen role will be an advantage during the hiring process." This highlights the importance of understanding and effectively communicating their role and responsibilities as a planning analyst.

Here are examples of responsibilities from real planning analyst resumes:

• Manage 160 footwear SKUs across 3700 stores to ensure optimal inventory depths during peak time frames.
• Reduce work in process inventory by use of KANBAN system which also lead to improve customer service.
• Manage suppliers (KPI's) to deliver target cost, service and quality levels in each operating center.
• Manage cross-functional team which successfully create a manual for ISO 9000 certification and develop a training program for new hires.
• Lead monthly and quarterly EAC forecasting and consolidate forecasts in support of corporate financial reporting.
• Prepare requests for quotes (RFQ) and requests for improvement (RFI) for distribution to existing and potential suppliers.
• Create RFI templates for future bid events with FreeMarket.
• Develop customized KPIs to measure and control the customer contact processes.
• Administer the transition of manual reporting to automation using VBA and SQL.
• Monitor and report KPIs of academic and administrative units in the university.
• Utilize JDA software while performing freight order management task for daily shipping.
• Track actual budget costs and compare to project budget for all DCs.
• Create monthly replenishment plans on a bottom-up approach, such as EDI builds and start-ups.
• Create and test models to determine pricing of circuit boards to be incorporate into the ERP system.
• Calculate operating accruals of ~ $150K monthly by querying GL for purchases make by seven departments.

Planning analyst skills and personality traits

We calculated that 8 % of Planning Analysts are proficient in Project Management , Customer Service , and Data Analysis . They’re also known for soft skills such as Time-management skills , Problem-solving skills , and Analytical skills .

We break down the percentage of Planning Analysts that have these skills listed on their resume here:

Project documentation by creating and implementing multiple projects resource and finance plans on a web-based project management system.

Managed the corporate Marketing Department market analysis function including perception and image studies, departmental employee satisfaction and customer service surveys.

Deliver optimal shift and driver recommendations based on data analysis and relational management techniques for 200 associates across three sites.

Coordinated the scheduling of services and materials, procurement and logistics activities and provided seamless integration between office and dock operations.

Demonstrate strong analytical and written skills with the ability to communicate with internal and external customers.

Created SQL scripts for creating tables, views, and stored procedures, loading data into the tables.

Common skills that a planning analyst uses to do their job include "project management," "customer service," and "data analysis." You can find details on the most important planning analyst responsibilities below.

Time-management skills. One of the key soft skills for a planning analyst to have is time-management skills. You can see how this relates to what planning analysts do because "management analysts often work under tight deadlines and must use their time efficiently to complete projects on schedule." Additionally, a planning analyst resume shows how planning analysts use time-management skills: "review historical data including sales trends, research demand drivers, material on time delivery. "

Problem-solving skills. Many planning analyst duties rely on problem-solving skills. "management analysts must be able to think creatively to solve clients’ problems," so a planning analyst will need this skill often in their role. This resume example is just one of many ways planning analyst responsibilities rely on problem-solving skills: "developed training materials for hr shared services to use for quick resolution of routine inquiries. "

Analytical skills. This is an important skill for planning analysts to perform their duties. For an example of how planning analyst responsibilities depend on this skill, consider that "management analysts must be able to interpret information and use their findings to make proposals." This excerpt from a resume also shows how vital it is to everyday roles and responsibilities of a planning analyst: "assist in analyzing financial data by preparing spreadsheets through erp and edw databases which produce initial reports. ".

Communication skills. A big part of what planning analysts do relies on "communication skills." You can see how essential it is to planning analyst responsibilities because "management analysts must be able to convey information clearly in both writing and speaking." Here's an example of how this skill is used from a resume that represents typical planning analyst tasks: "manage the development, integration, optimization, coordination, communication and driving execution of engineering/production planning schedules. "

See the full list of planning analyst skills

The three companies that hire the most planning analysts are:

• Meta 53 planning analysts jobs
• Masco 52 planning analysts jobs
• Northrop Grumman 47 planning analysts jobs

Choose from 10+ customizable planning analyst resume templates

Compare different planning analysts

Planning analyst vs. business operations analyst.

A business operations analyst is an individual who identifies and solves issues related to the performance of the business operations. Together with the management and engineering departments, business operations analysts must analyze and review a vast amount of data to identify business opportunities. They must provide recommendations and updated policies so that they can improve the company's business performance. Business operations analysts are also required to create monthly reports and present them to upper management on their key findings and assessments.

While similarities exist, there are also some differences between planning analysts and business operations analyst. For instance, planning analyst responsibilities require skills such as "logistics," "sql," "management system," and "ims." Whereas a business operations analyst is skilled in "provide management," "analyze data," "shared services," and "business operations." This is part of what separates the two careers.

Planning analyst vs. Administrative analyst

An administrative analyst specializes in analyzing the company's processes and operations to come up with the best practices for the business. Their responsibilities revolve around conducting research and analysis through site inspections, surveys, interviews, and assessments. They must also coordinate with different department personnel to gather and examine data, ensuring that all processes are profitable and efficient. Furthermore, as an administrative analyst, it is essential to present findings and progress reports in adherence to the company's policies and regulations.

While some skills are similar in these professions, other skills aren't so similar. For example, resumes show us that planning analyst responsibilities requires skills like "logistics," "management system," "visualization," and "earned value management." But an administrative analyst might use other skills in their typical duties, such as, "patients," "powerpoint," "lease management," and "financial reports."

What technology do you think will become more important and prevalent for Analysts in the next 3-5 years?

Professor of Economics, Orfalea College of Business

Planning analyst vs. Logistics analyst

A logistics analyst is responsible for evaluating the company's supply chain, analyzing the cycle of a company's products to create a strategy on minimizing costs and time for each process of production without compromising the quality of output. Logistics analysts design operational techniques to maximize the productivity of the staff, identifying areas of improvement within the process, monitor shipment details, verify causes of delivery delays, and respond to customer's inquiries and concerns. They also review the payment process of the distribution, requiring them to have excellent analytical and critical-thinking skills.

Some important key differences between the two careers include a few of the skills necessary to fulfill the responsibilities of each. Some examples from planning analyst resumes include skills like "project management," "logistics," "visualization," and "earned value management," whereas a logistics analyst is more likely to list skills in "supply chain," "continuous improvement," "data entry," and "dod. "

Planning analyst vs. Material analyst

A materials analyst is responsible for managing the assets and materials of an organization, ensuring the adequacy of office inventories to support business operational functions. Materials analysts identify cost-reduction materials by coordinating with trusted suppliers and third-party vendors. They handle the distribution of goods and order processes according to the company's supply chain management. A materials analyst must have excellent organizational and analytical skills , especially in conducting data and statistical analysis to obtain high-quality materials that would meet the customers' demands.

Types of planning analyst

Project analyst.

• Management Analyst
• Program Analyst
• Logistics Analyst

Supply Chain Analyst

Updated April 25, 2024

Editorial Staff

The Zippia Research Team has spent countless hours reviewing resumes, job postings, and government data to determine what goes into getting a job in each phase of life. Professional writers and data scientists comprise the Zippia Research Team.

What a Planning Analyst Does FAQs

How much does a strategic planning analyst make, search for planning analyst jobs, what similar roles do.

• What an Administrative Analyst Does
• What an Analyst Does
• What a Business Operations Analyst Does
• What a Control Analyst Does
• What a Cost Analyst Does
• What a Logistics Analyst Does
• What a Management Analyst Does
• What a Material Analyst Does
• What a Planning Manager Does
• What a Planning Specialist Does
• What a Planning Supervisor Does
• What a Pricing Analyst Does
• What a Process Analyst Does
• What a Procurement Analyst Does
• What a Program Analyst Does

Planning Analyst Related Careers

• Administrative Analyst
• Business Operations Analyst
• Control Analyst
• Cost Analyst
• Material Analyst
• Planning Manager
• Planning Specialist
• Planning Supervisor
• Pricing Analyst
• Process Analyst
• Procurement Analyst

Planning Analyst Related Jobs

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• Control Analyst Resume
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• Management Analyst Resume
• Material Analyst Resume
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• Planning Specialist Resume
• Planning Supervisor Resume
• Pricing Analyst Resume
• Process Analyst Resume
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Business Planning Analyst Salary in The United States

The average Business Planning Analyst Salary in The United States is $57,600 per year . Salaries range from $46,200 to $75,700 . The average Business Planning Analyst Hourly Wage is $18.00 per hour . Hourly wages range from $14.40 to $23.70 . Salaries and wages depend on multiple factors including geographic location, experience, seniority, industry, education etc.

What is the Average Annual Salary of Business Planning Analyst in The United States ?

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Create forecasts, manage budgets, and support decisions through financial analysis, and tell the financial story of the business as you would on the job.

Weekly Office Hours & 1:1 Coaching

Program faculty is there for you every step of the way.

FP&A Certification Issued from Wharton Online

Upon completion of the program, you will receive a Certificate of Completion from Wharton Online.

Earn a certificate from Wharton Online upon successful completion

Upon successful completion of the program, your Wharton Online-issued certificate will be emailed to you in a digital format you can use to demonstrate your achievement on your LinkedIn profile and resume.

Program curriculum

Over the course of eight weeks, you will learn forecasting, analysis, business partnering, and financial storytelling in a curriculum that combines technical and interpersonal skills with real-world applications practiced at top corporations. This self-paced online program culminates in a closing ceremony and the receipt of a certificate from Wharton Online.

Introduction to Financial Planning & Analysis (FP&A)

This module introduces the FP&A profession and its role in businesses of various sizes across different industries. We then examine common FP&A work products, evaluate current and emerging tools of the trade, and introduce a key skill set for FP&A professionals: strategic cost accounting.

• Examination of forecasts, budgets, variance analyses, scorecards, dashboards, and management decks.
• Understanding FP&A’s tools of the trade, including Excel, data analysis, visualization software, and emerging AI technologies
• Introduction to Strategic Cost Accounting in the context of FP&A

The Planning Cycle and Annual Budgeting

We review best practices for long-range planning and effectively managing the five phases of the annual budgeting process. The module covers how to get more out of your planning process by collaborating closely with the cross-functional team.

• In-depth review of the planning process, including long-range planning and annual budgeting
• Best practices for top-down and bottom-up planning jointly with the cross-functional team
• How to best manage the planning process with Excel

Forecasting

You will learn the forecasting techniques that are used today by major firms, including time series analysis, driver-based planning, sales pipeline forecasting, zero-based budgeting, and scenario planning methods. We cover methods for accurately projecting sales, expenses, cash flow, headcount, and capex.

• Step-by-step forecasting technique reviews, including hands-on practice
• Using scenario planning to identify risks and opportunities and develop mitigation plans
• Improving forecast accuracy by identifying and addressing forecast bias

Financial Analysis in FP&A

The module covers the financial analysis process end-to-end, from data cleaning over evaluating data quality to identifying cost-saving opportunities, variance analysis commentary, and using operational metrics to spot trends early.

• Best practices for data preparation and quality
• Learn how to identify cost savings, risks, and opportunities
• Create variance analysis commentary that uncovers actionable insights

Financial Modeling for Decision Support

We cover how to create financial models from scratch in Excel using commonly accepted modeling standards. The module covers the financial model types top finance teams use to make go / no-go decisions about major investments, such as Payback, Return on Investment, Life Time Value (LTV), and Discounted Cash Flow models.

• Excel modeling standards and best practices
• Financial Statement and DCF modeling
• Break-even analysis and getting to answers without modeling

Finance Business Partnering

You will learn how to build strong professional relationships and influence, preparing you to become a strategic advisor to the business. We cover developing business acumen and using it to raise accountability, challenge assumptions, and create visibility of business performance while protecting the relationship.

• Developing a broad understanding of the business
• Building trust and holding people accountable while maintaining relationships
• Influencing skills and challenging assumptions with data

Reporting, Presenting, and Storytelling

The module teaches how to effectively communicate financial information, be it in written form or when presenting live. It provides a deep dive into best practices for the performance management calendar, including flash reports, management reporting decks, visualizations, and telling a complete story of the business.

• Structuring management reporting decks that move the needle
• Matching visualizations to the story behind the numbers
• Impacting strategic decisions through effective financial presentations

Preparing for the future of FP&A

The final module of the program covers best practices for using emerging technologies, including generative AI and machine learning. In addition, we cover the FP&A recruiting process from common interview questions and answers to typical case studies.

• How AI is changing the FP&A function
• Introduction to generative AI in finance and machine learning
• FP&A interview preparation

Faculty & speakers

Christopher ittner, christian wattig, glenn hopper, jessica t. graziano, josette leslie, debbie sebastian.

Marcela Martin

Jack Alexander

Paul Barnhurst

Nicolas boucher.

Alan Brooke

Chad eatinger, aviad haimi-cohen, frank garafalo.

Guy Hutchinson

Diana Kawarsky

Anders Liu-Lindberg

Jason mcclain, ron monteiro, cpa, cma, mark potter, christopher reilly, saloni varma.

Tuition & payment options

Join a global network.

Enrollees access a large and highly engaged global network of peers who are committed to give us much as they get and to support one another. Connections built throughout the program are strengthen via in person and virtual meetups, discussion groups and networking events.

Invitation-Only Wharton/Wall Street Prep Group on LinkedIn

Upon completion of the program, graduates receive an invitation to join the Wharton Online / Wall Street Prep Financial Planning & Analysis (FP&A) Certificate Program Alumni Group on LinkedIn. Through this group, graduates can directly connect with the entire graduate network, seek advice and access graduate-only online events and resources.

Local Connection for a Global Certificate

Program participants come from over 40 countries, so while the program is global, connection is often created locally. Graduates gain access to their Local Alumni Slack Channel, designed to facilitate local connection for a global certificate.

Cross-Program Networking Events

Enrolling in a Wharton Online & Wall Street Prep Certificate Program is a unique opportunity to expand your professional network beyond your specific industry. Enrollees attend cross-program events attended by other Certificate Program learners and graduates in investment banking, private equity, hedge funds, asset management, venture capital, real estate and other career tracks.

For Employers: Level up your professional development

Small companies.

• Learn to communicate financial insights compellingly to attract investors and secure funding.
• Master efficient methods to analyze financial health and identify growth opportunities with limited resources.
• Gain forecasting skills vital for cash flow management and strategic decision-making.

Mid-Sized Companies

• Align your team's reporting with expansion goals and conveying complex data to stakeholders with clarity.
• Improve skills in identifying, assessing, and mitigating financial risks.
• Dive deeper into financial metrics to drive profitability and manage the increased complexity of your business operations.

Large Enterprises

• Develop your team's influencing skills, enabling them to impact company-wide strategic decisions.
• Integrate global trends and complex variables into long-term planning and risk management.
• Enhance cross-functional collaboration to align business units with firm-wide goals.

Speak With Us About Enrolling Your Team

Earn 65 cpe credits with the financial planning & analysis (fp&a) certificate program.

Wall Street Prep and Wharton Online are registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.nasbaregistry.org.

Ready to get started?

Speak with an enrollment advisor, enroll to secure your spot in the program, what will i learn from taking this program.

The Wharton & Wall Street Prep will teach learners how to analyze private equity investments, blending investment theory with real world analysis as it is done at the world's leading private equity investment firms. For a complete curriculum, get the program brochure.

How often are programs offered?

How much time will it take to complete this certificate.

The course is designed to run for eight weeks, with a recommended workload of 8-10 hours of lectures, live sessions, and assignments per week.

What languages will the program be offered in?

This program is offered in English only.

How do I register for this program?

You can register for the program at any time through our Enrollment Form.

How much does the program cost?

Program tuition is $4,800. Tuition can be paid in full or in 5 monthly payments.

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What is the program refund policy.

This program is non-refundable.

Who can I contact for additional questions?

If you have any additional questions, please reach out to our enrollment team at enrollment@wharton.wallstreetprep.com .

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Business Analyst Salary and Job Description 2024

If you're curious about a business analyst salary, you're not alone. The demand for skilled business analysts (BA's) is on the upswing. The U.S. Bureau of Labor Statistics projects 10% job growth for BAs from 2022 to 2032, which is faster than average. * Emerging areas like technical business analysis are especially hot.

As companies rely more and more on data to drive decisions, business analysts will only become more vital. Building robust business analysis (BA) capabilities is a smart investment for any business that wants to compete and thrive in today's digital age. Organizations are willing to pay a premium business analyst salary to professionals who can help them thrive in today's data-centric workplace.

If you are looking for challenging and rewarding career in a field that is expanding, consider becoming a business analyst. In this article, we'll provide insights into what business analysts do, the typical business analysis salary range, the skills required, and more.

What does a business analyst do?

Business analysts play a key role in aligning IT projects with a company's strategic goals. Their days revolve around bridging the gap between technology and business needs.

A typical day for a business analyst involves:

• Meeting with stakeholders to gather requirements
• Analyzing needs and translating them into clear, feasible solutions
• Documenting requirements and refining user stories

To succeed and earn a high business analyst salary, BAs rely on a blend of technical skills like data analysis and soft skills like communication * .

Most business analysts have at least a bachelor's degree in a field like business administration or IT. Certifications like the Certified Business Analysis Professional (CBAP) or Certification of Capability in Business Analysis (CCBA) can showcase expertise * , but do you really need a certification to get a job or earn a competitive business analysis salary? Not really. You can take a hands-on course such as the Dataquest's Business Analyst with Power BI to build the key skills you need to impress employers.

Salary and career outlook for the business analyst

In the U.S., the average business analyst salary is $104,964 per year. Business analysis salaries typically range from $95,523 to $115,974, depending on several factors ( Salary.com ).

The good news is that many business analytics jobs are in high demand . A few key factors that influence a business analyst's salary include:

• Location - BAs in major cities tend to earn more
• Industry - Finance and tech often pay higher business analyst salaries
• Experience level and education

To advance your business analyst career and boost your business analysis salary potential, focus on gaining experience. Additional education or certifications can give you a leg up, but aren't required. Specializing in an in-demand area like data analysis or IT business analysis is another smart move * . Dataquest's Business Analyst with Power BI path equips you with valuable skills to enhance your professional value and business analyst salary prospects.

Entry-level business analyst salary and job description

Common job titles:.

• Junior Business Analyst
• Associate Business Analyst
• Business Analyst I
• Business Intelligence Analyst
• Operations Analyst

Launching your business analytics career begins with finding the right entry-level role. As an entry-level business analyst, you'll serve as the critical link connecting data insights to business strategy. Intrigued? Let's take a closer look at what this job involves.

In a typical day, you might gather requirements from stakeholders, wrangle data in Excel to uncover insights, or support the rollout of new initiatives. You'll leverage tools like SQL and Tableau to analyze information and build compelling visualizations that drive decisions.

Business Analyst Salary: The typical entry-level business analyst salary ranges from $63,000 to $100,000 per year according to Glassdoor . Earning potential is a key factor drawing many to this in-demand field.

Key responsibilities:

• Gathering and documenting business requirements
• Analyzing data to inform decisions and recommendations
• Supporting the implementation of projects and process improvements
• Collaborating with cross-functional teams to drive results

Most entry-level positions require a bachelor's degree in business, IT, economics, or a related field. While prior experience isn't always mandatory, internships or completing hands-on portfolio projects with data can give you a leg up on the competition. As you advance, certifications like the Entry Certificate in Business Analysis™ (ECBA) from IIBA can further showcase your growing expertise.

Must-have skills:

• Analytical thinking and problem-solving abilities
• Proficiency with data analysis tools like Excel and SQL
• Strong communication and relationship-building skills
• Ability to learn quickly and adapt to new challenges

Once you've gained these skills you're ready to apply to business analyst jobs . To prepare for an entry-level business analyst interview , review common questions and practice your responses. Highlight relevant coursework, internships, or portfolio projects that demonstrate your analytical and problem-solving skills. Be ready to discuss a time you used data to solve a problem or make a recommendation.

An real Business Analyst job posting from LinkedIn .

Succeeding as an entry-level business analyst requires equal parts technical aptitude and business acumen. Your performance will hinge on your ability to accurately capture requirements, keep projects on track, and satisfy stakeholders. It's a challenging role that demands continuous learning and adaptability.

However, for ambitious professionals, starting out as an entry-level business analyst offers significant potential for growth. With the right skills and experience, you can become an invaluable asset to your organization in a field that's projected to see a 10% increase in demand by 2032. * The strong business analyst salary outlook and ample opportunities for advancement make this an appealing career choice for analytically-minded job seekers. Ready to kickstart a rewarding career in analytics?

Mid-career business analyst salary and job description

• Business Analyst II
• Business Consultant
• Functional Analyst
• Business Process Improvement Analyst
• Change Management Analyst
• Strategic Analyst

Are you a business analyst with 5-10 years of experience looking to take the next step in your career? Mid-career business analysts play an essential role in helping companies operate efficiently and drive growth. If you're ready to put your skills to work on high-impact projects, this could be the perfect role for you.

In this position, you'll analyze business data to uncover insights that guide strategic decisions. You'll collaborate with stakeholders across the company to understand their needs and gain buy-in for initiatives. Strong analytical and problem-solving skills are a must, as is proficiency with tools like Python , R , Excel , SQL , Power BI , and Tableau .

Most mid-career business analysts have at least a bachelor's degree in business or IT. An MBA or relevant certification can give you a competitive edge. As you grow, you'll have the chance to specialize in an area or industry, take on leadership responsibilities, or pivot into a field like data science .

Business Analyst Salary: Mid-career business analysts can expect to earn a salary in the range of $78,000 to $126,000 annually, per Glassdoor data. Advancing your business analyst career often comes with a significant bump in compensation.

• Analyzing complex business data to identify opportunities for growth and efficiency
• Developing actionable insights and recommendations to inform strategic decisions
• Collaborating with stakeholders to understand needs and build support for initiatives
• Mentoring and guiding junior business analysts
• Strong analytical and problem-solving abilities
• Excellent communicator and relationship-builder
• Proficiency with analytical tools like Python, SQL, and Tableau
• Continuous learner committed to developing new skills

To ace a mid-career business analyst interview, prepare examples that showcase your experience leading projects and driving results. Highlight your proficiency with key tools and technologies like SQL, Python, and Tableau. Practice discussing how you've collaborated cross-functionally and managed stakeholder relationships.

Companies rely on skilled mid-career business analysts to help them navigate an increasingly data-focused business landscape. If you're up for the challenge, this role offers plenty of room to grow your skills, make an impact, and advance your career. The competitive business analyst salary and diverse opportunities in this field make it an attractive option for experienced professionals looking to level up.

An example business analyst resume available from Canva

Senior business analyst salary and job description

• Principal Business Analyst
• Lead Business Analyst
• Business Analysis Manager
• Business Strategy Analyst
• Organizational Development Analyst
• IT Program Manager

Senior business analyst play a key role in shaping business strategies and driving organizational efficiency. More than just number crunchers, they provide strategic leadership on high-impact projects and tackle an organization's toughest challenges.

To succeed in this role, you need a powerful combination of technical know-how and people skills. Must-have technical skills include data analytics, business process modeling, and complex problem-solving. But that's only half the equation.

Senior BAs are also master communicators, relationship-builders, and team leaders. It's this blend of hard and soft skills that allows them to effectively manage major initiatives and guide their organizations to success * .

Most senior business analyst have between 5-10 years of experience and a proven track record of delivering successful projects and driving strategic change. A bachelor's degree in business, finance, IT or a related field is typically required. Many go on to pursue advanced degrees like MBAs or certifications like the Certified Business Analysis Professional (CBAP) to further boost their expertise and credibility.

Business Analyst Salary: At the senior level, business analysts command salaries ranging from $101,000 to $150,000 per year, according to Glassdoor figures. The substantial business analyst salary potential reflects the critical value these professionals bring to their organizations.

• Leading and managing complex, high-visibility projects
• Analyzing data to identify risks, opportunities and recommendations
• Mapping and optimizing business processes
• Communicating insights to executives and cross-functional teams
• Driving change and building consensus across the organization
• Advanced data analysis and visualization
• Process mapping and optimization
• Exceptional communication and presentation skills
• Stakeholder management and influencing
• Strategic thinking and problem solving

One of the biggest challenges senior BAs face is navigating complex stakeholder relationships and getting buy-in for organizational changes. Overcoming these obstacles is key not only to their own career growth, but to the overall success of their companies * . Top performers are always learning and growing through additional training, certifications, and mentoring to expand their influence.

When interviewing for a senior business analyst role, develop compelling stories around times you've shaped strategy and driven organizational change. Highlight your leadership skills and ability to influence executives and guide junior team members. Be prepared to discuss how you stay on top of industry trends and continuously expand your skill set.

In short, senior business analyst are the essential links that connect deep data insights to real-world business strategies. It's a challenging job, but one that is absolutely critical for any organization that wants to thrive in today's competitive landscape. The high business analyst salary range at this level reflects the immense value these strategic leaders deliver.

Becoming a top-notch business analyst and earning a high business analysis salary requires aligning your personal traits, professional skills, and interests. The most important qualities are strong analytical thinking, great communication, and a talent for solving complex problems.

Whether you're just starting out or looking to advance, here are some key steps to take:

• Beginners: Start with foundational courses in SQL and Excel. Work on small data manipulation projects to gain practical experience.
• Intermediates: Level up your skills with advanced analytics tools like Power BI. Take on more complex projects involving data visualization and business intelligence.
• Advanced learners: Lead large-scale projects and consider earning certifications like CBAP to refine your expertise and credibility.

Dataquest offers comprehensive learning paths, like the Business Analyst with Power BI , that teach essential skills through hands-on practice. Engaging with communities like Dataquest's forums can also enhance your learning journey.

No matter your career stage, real-world projects are vital. They solidify your knowledge, build your expertise, and help you make meaningful contributions at work. In fact, hands-on experience is one of the best ways to grow both personally and professionally.

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Business analytics refers to the statistical methods and computing technologies for processing, mining and visualizing data to uncover patterns, relationships and insights that enable better business decision-making.

Business analytics involves companies that use data created by their operations or publicly available data to solve business problems, monitor their business fundamentals, identify new growth opportunities, and better serve their customers.

Business analytics uses data exploration, data visualization, integrated dashboards, and more to provide users with access to actionable data and business insights.

This IBM ebook uncovers the value of integrating a business analytics solution that turns insights into action.

Read the guide for data leaders

Business intelligence (BI) enables better business decisions that are based on a foundation of business data. Business analytics (BA) is a subset of business intelligence, with business analytics providing the analysis, while the umbrella business intelligence infrastructure includes the tools for the identification and storage of the data that will be used for decision-making. Business intelligence collects, manages and uses both the raw input data and also the resulting knowledge and actionable insights generated by business analytics. The ongoing purpose of business analytics is to develop new knowledge and insights to increase a company’s total business intelligence.

Business analytics can be used to answer questions about what happened in the past, make predictions and forecast business results. 1 An organization can gain a more complete picture of its business, enabling it to understand user behavior more effectively.

Data scientists and advanced data analysts use business analytics to provide advanced statistical analysis. Some examples of statistical analysis include regression analysis which uses previous sales data to estimate customer lifetime value, and cluster analysis for analyzing and segmenting high-usage and low-usage users in a particular area.

Business analytics solutions provide benefits for all departments, including finance , human resources , supply chain , marketing , sales  or information technology , plus all industries, including healthcare , financial services and consumer goods .

Business analytics uses analytics—the action of deriving insights from data—to drive increases in business performance. 4 types of valuable analytics are often used:

As the name implies, this type of analytics describes the data it contains. An example would be a pie chart that breaks down the demographics of a company’s customers.

Diagnostic analytics helps pinpoint the root cause of an event. It can help answer questions such as: What are the series of events that influenced the business outcomes?  Where do the true correlation and causality lie within a given historical time frame? What are the drivers behind the findings? For example, manufacturers can analyze a failed component on an assembly line and determine the reason behind its failure.

Predictive analytics mines existing data, identifies patterns and helps companies predict what might happen in the future based on that data. It uses predictive models that make hypotheses about future behaviors or outcomes. For example, an organization could make predictions about the change in coat sales if the upcoming winter season is projected to have warmer temperatures. Predictive modeling 2 also helps organizations avoid issues before they occur, such as knowing when a vehicle or tool will break and intervening before it occurs, or knowing when changing demographics or psychographics will positively or negatively impact their product lines. 

These analytics help organizations make decisions about the future based on existing information and resources. Every business can use prescriptive analytics by reviewing their existing data to make a guess about what will happen next. For example, marketing and sales organizations can analyze the lead success rates of recent content to determine what types of content they should prioritize in the future. Financial services firms use it for fraud detection by analyzing existing data to make real-time decisions on whether any purchase is potentially fraudulent.

Business analytics practices involve several tools that help companies make sense of the data they are collecting and use it to turn that data into insights. Here are some of the most common tools, disciplines and approaches:

• Data management: Data management is the practice of ingesting, processing, securing and storing an organization’s data. It is then used for strategic decision-making to improve business outcomes. The data management discipline has become an increasing priority as expanding data stores has created significant challenges, such as data silos, security risks and general bottlenecks to decision-making.
• Data mining or KDD : Data mining, also known as knowledge discovery in data (KDD), is the process of uncovering patterns and other valuable information from large data sets and is a significant component of big data analytics. The growing importance of big data makes data mining a critical component of any modern business by assisting companies in transforming their raw data into useful knowledge.
• Data warehousing : A data warehouse, or enterprise data warehouse (EDW), is a system that aggregates data from different sources, including apps, Internet of Things (IoT) devices, social media and spreadsheets into a single, central, consistent data store to support data analysis, data mining, artificial intelligence (AI) and machine learning (ML). A data warehouse system enables an organization to run powerful analytics on large amounts of data (petabytes and petabytes) in ways that a standard database cannot.
• Data visualization : The representation of data by using graphics such as charts, plots, infographics and even animations. These visual displays of information communicate complex data relationships and data-driven insights in a way that is easier to understand, being especially helpful for nontechnical staff to understand analytics concepts, and helping show patterns in multiple data points. Data visualization can also help with idea generation, idea illustration or visual discovery.
• Forecasting : This tool takes historical data and current market conditions and then makes predictions as to how much revenue an organization can expect to bring in over the next few months or years. Forecasts are adjusted as new information becomes available. When companies embrace data and analytics with well-established planning and forecasting best practices, they enhance strategic decision-making and can be rewarded with more accurate plans and more timely forecasts.
• Machine learning algorithms : A machine learning algorithm is a set of rules or processes used by an AI system to conduct tasks, most often to discover new data insights and patterns, or to predict output values from a given set of input variables. Machine learning algorithms enable machine learning to learn, delivering the power to analyze data, identify trends and predict issues before they occur.
• Reporting : Business analytics runs on the fuel of data to help organizations make informed decisions. Enterprise-grade reporting software can extract information from various applications used by an enterprise, analyze the data and generate reports.
• Statistical analysis : Statistical analysis enables an organization to extract actionable insights from its data. Advanced statistical analysis procedures help ensure high accuracy and quality decision-making. The analytics lifecycle includes data preparation and management to analysis and reporting.
• Text analysis : Identifies textual patterns and trends within unstructured data by using machine learning, statistics and linguistics. By transforming the data into a more structured format through text mining and text analysis , more quantitative insights can be found.

Modern organizations need to be able to make quick decisions to compete in a rapidly changing world, where new competitors spring up frequently and customers’ habits are always changing. Organizations that prioritize business analytics have several advantages over competitors who do not.

Faster and better-informed decisions: Having a flexible and expansive view of all the data an organization possesses can eliminate uncertainty, prompt an organization to take action faster, and improve business processes. If an organization’s data suggests that sales of a particular product line are declining precipitously, it might decide to discontinue that line. If climate risk impacts the harvesting of a raw material another organization depends on, it might need to source a new material from somewhere else. It’s especially helpful when considering pricing strategies.

How a company prices its goods or services is based on thousands of data points, many of which do not remain static over time. Whether a company has a fixed or dynamic pricing strategy, being able to access real-time data to make smarter short- and long-term pricing data is critical. For organizations that want to incorporate dynamic pricing, business analytics enables them to use thousands of data points to react to external events and trends to identify the most profitable price point as frequently as necessary.

Single-window view of information: Increased collaboration between departments and line-of-business users means that everyone has the same data and is talking from the same playbook. Having that single pane of glass shows more unseen patterns, enabling different departments to understand the company’s holistic approach and increase an organization’s ability to respond to changes in the marketplace.

Enhanced customer service: By knowing what customers want, when and how they want it, organizations encourage happier customers and build greater loyalty. In addition to an improved customer experience , by being able to make smarter decisions on resource allocation or manufacturing, organizations are likely able to offer those goods or services at a more affordable price.

Companies looking to harness business data will likely need to upskill existing employees or hire new employees, potentially creating new job descriptions. Data-driven organizations need employees with excellent hands-on analytical and communication skills.

Here are some of the employees that they need to take advantage of the full potential of robust business analytics strategies:

Data scientists: These people are responsible for managing the algorithms and models that power the business analytics programs. Organizational data scientists  either use open source libraries, such as the natural language toolkit (NTLK) for algorithms or build their own to analyze data. They excel at problem-solving and usually need to know several programming languages, such as Python, which helps access out-of-the-box machine learning algorithms and structured query language (SQL) , which helps extract data from databases to feed into a model.

In recent years, an increasing number of schools offer Master of Science or Bachelor’s degrees in data science where students engage in degree program coursework that teaches them computer science, statistical modeling and other mathematical applications.

Data engineers: They create and maintain information systems that collect data from different places that are cleaned and sorted, and placed into a master database. They are often responsible for helping to ensure that data can be easily collected and accessed by stakeholders to provide organizations with a unified view of their data operations.

Data analysts: They play a pivotal role in communicating insights to external and internal stakeholders. Depending on the size of the organization, they might collect and analyze the data sets and build the data visualizations, or they might take the work created by other data scientists and focus on building strong storytelling for the key takeaways.

To maximize the benefits of an organization’s business analytics, it needs to clean and connect its data, create data visualizations and provide insights on where the business is today while helping predict what will happen tomorrow. This usually involves these steps:

First, organizations must identify all the data they have on hand and what external data they want to incorporate to understand what opportunities for business analytics they have.

Unfortunately, much of a company's data remains uncleaned, rendering it useless for accurate analysis until addressed.

Here are some reasons why an organization’s data might need cleaning:

• Incorrect data fields: Due to manual entry or incorrect data transfers, an organization might have bad data mixed in with accurate data. If it has any bad data in the system, this has the potential to render the entire set meaningless.
• Outdated data values: Certain data sets, including customer information, might need editing due to customers leaving, product lines being discontinued or other historical data that is no longer relevant.
• Missing data: Companies might have changed how they collect data or the data they collect, which means historic entries might be missing data that is crucial to future business analysis. Companies in this situation might need to invest in either manual data entry or identify ways to use algorithms  or machine learning  to predict what the correct data should be.
• Data silos: If an organization’s existing data is in multiple spreadsheets or other types of databases, it might need to merge the data so it’s all in one place. While the foundation of any business analytics approach is first-party data (data the company has collected from stakeholders and owns), they might want to append third-party data (data they’ve purchased or gleaned from other organizations) to match their data with external insights.

Companies can now query and quickly parse gigabytes or terabytes of data rapidly with more cloud computing . Data scientists can analyze data more effectively by using machine learning, algorithms, artificial intelligence (AI ) and other technologies. Doing so can produce actionable insights based on an organization’s key performance indicators (KPIs) .

Business analytics programs can now quickly take huge amounts of that analyzed data to create dashboards, visualizations and panels where the data can be stored, viewed, sorted, manipulated and sent to stakeholders.

Data visualization best practices include understanding which visual best fits the data an organization is using and the key points it hopes to make, keeping the visual as clean and simple as possible, and providing the right explanations and content to help ensure that the audience understands what they’re viewing.

Ongoing data management is conducted in tandem with what was mentioned earlier. An organization that embraces business analytics must create a comprehensive strategy for maintaining its cleaned data, especially as it incorporates new data sources.

Business analytics are useful for every type of business unit as a way to make sense of the data it has and help it generate specific insights that drive smarter decision-making.

• Financial and operational planning: Business analytics provides valuable insights to help organizations align their financial planning and operations more seamlessly. It does this by setting rules for supply chain management , integrating data across functions, and improving supply chain analytics and demand forecasting.
• Planning analytics: An integrated business planning approach that combines spreadsheets and database technologies to make effective business decisions about topics such as demand and lead generation, optimization of operating costs, and technology requirements based on solid metrics. Many organizations have historically used tools including Microsoft Excel for business planning, but some are transitioning to tools such as IBM Planning Analytics .
• Integrated sales and marketing planning: Most organizations have historical data about their lead generation, sales conversions and customer retention success rates. Organizations looking to create more accurate revenue plans and forecasts and gain deeper visibility into their marketing and sales data are using business analytics to allocate resources based on performance or changing demand to meet business objectives.
• Integrated workforce performance planning: As organizations undergo digital transformation and otherwise react to changing landscapes, they might need to ensure they have the right workforce with the right analytical skills. This is especially true in a world where employees are more likely to leave a company for a new job. Workforce performance planning helps organizations understand their workforce requirements, identify and address skill gaps, and better recruit and retain talent to meet the organization's needs today and in the future.

The flexibility of spreadsheets. Control of a database. The power of integrated business planning. Now available as a Service on AWS.

AI-powered automation and insights in Cognos Analytics enable everyone in your organization to unlock the full potential of your data. 

Detects application and business risks affecting the customer experience, enabling users to correlate application service level objectives with underlying infrastructure resourcing.

Learn more about business analytics by reading these blogs and articles. 

IBM Planning Analytics has helped support organizations across not only the office of finance but all departments in their organization.

A growing number of forward-looking companies are successfully navigating complexities using IBM Planning Analytics, a technology capable of supporting secure collaboration, fast automated data acquisition, and more.

Predictive analytics is a branch of advanced analytics that makes predictions about future outcomes using historical data combined with statistical modeling, data mining techniques and machine learning.

Scale AI workloads for all your data, anywhere, with IBM watsonx.data, a fit-for-purpose data store built on an open data lakehouse architecture.

1 Business intelligence versus business analytics  (link resides outside ibm.com), Harvard Business School. 2  How predictive analytics can boost product development  (link resides outside ibm.com), McKinsey, August 16, 2018.

About the program

Our Summer Analyst Program is a nine to ten week summer internship for students pursuing a bachelors / graduate degree. You will be fully immersed in our day-to-day activities.

As a participant, you will:

• Attend orientation where you’ll learn about our culture, as well as the benefits and responsibilities of being a member of the firm
• Receive training designed to help you succeed
• Have the opportunity to work on real responsibilities alongside fellow interns and our people

About the division

Wealth Management  includes Private Wealth Management, Goldman Sachs Ayco and our direct-to-consumer business (Marcus by Goldman Sachs).

Across Wealth Management, Goldman Sachs helps empower clients and customers around the world to reach their financial goals. Our advisor-led wealth management businesses provide financial planning, investment management, banking and comprehensive advice to a wide range of clients, including ultra-high net worth and high net worth individuals, as well as family offices, foundations and endowments, and corporations and their employees. Our consumer business provides digital solutions for customers to better spend, borrow, invest, and save. Across Wealth Management, our growth is driven by a relentless focus on our people, our clients and customers, and leading-edge technology, data and design.