• Post Graduate Program in Banking and Credit Underwriting
    4.7 out of 5 by 1376 learners
    12 X industry demand
  • Post Graduate Program for Agile Business Analyst
    4.8 out of 5
    3X industry demand
  • Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    4.9 out of 5 by 238 learners
    14 X industry demand
  • Agile Business Analyst and Scrum Prodegree
    Co-created with SAP
    4.7 out of 5 by 3208 learners
    12 X industry demand
  • Full Stack Developer Certification Program
    4.7 out of 5 by 2031 learners
    13 X industry demand
  • Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    4.8 out of 5 by 534 learners
    6X industry demand
  • Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    4.5 out of 5 by 526 learners
    4X industry demand
  • Banking And Wealth Management Bootcamp
    4.7 out of 5 by 460 learners
    3X industry demand
  • Post Graduate Program In Capital Markets
    4.7 out of 5 by 807 learners
    3X industry demand
  • Certified Investment Banking Operations Professional
    4.8 out of 5 by 7600 learners
    8X industry demand

A business analyst is an individual who analyses an association or business area and records its business, cycles, or frameworks and evaluates the plan of action or its joining with innovation. A Business Analyst helps in managing organizations in improving their cycles, items, administrations, and programming through information investigation. They are also a link between Information Technology and business using data analytics. Business analyst courses are booming with many students opting for a career in this field. Universities like Berkley and Cornell are offering business analyst courses.

A business analyst helps a company to boost its business by improving the functioning of the company, the products and software using data analysis.
This role of a business analyst not only demands technical skills, but it also requires experience that enables an individual to analyze people and situations.

A product analyst on the other hand observes the current trends in the market, the demands and expectations of the consumer and then guides businesses to develop the right marketing strategies for the products. They compare the products of the company with the trends in the market to make a product suitable as well as profitable.

A business analyst and a product analyst work together to ensure a company’s profit and business but they have different responsibilities. Many product analysts usually start their career as business analysts and transition later. They both work closely.

A product manager takes full control over a product. They own the product in every right and are also responsible for its future in the market. They work on the marketing strategies for the product and analyze its performance in the market while chalking out the profit and loss based on market research. They work closely with the sales team to ensure that it reaches maximum consumers.

A business analyst enables change in the company according to the needs and provides solutions. They bridge the gap between IT and business teams. If the business team desires a change in the software system, the analyst steps in and facilitates the discussion and ensures the necessary software solutions are provided. A business analyst collaborates and makes sure that requirements on both the sides are met and how the updated business will be.

If we had to consider the biggest difference between a product analyst and a business analyst, it is that the former has more decision making power.

  • They collaborate with executive teams to ensure maximum marketing for the product.
  • They decide the software’s function.
  • They have financial responsibilities towards the company and the product.

A business analyst is like a catalyst. They are responsible for changes in the organization. They identify the problem and tackle it by providing solutions. If it’s about software changes, the analyst works together with other departments in the organization as well. It’s basically the business analyst suggesting the changes and the technical team delivering it. A business analyst ensures that everyone agrees to the changes and they are also responsible for updating everyone about the upgrades in the business process.

A product analyst focuses more on the interests of the consumers and market trends. The product is their responsibility. They tend to work on how the product will benefit the market and the consumers. Throughout the project, the product analyst questions ‘why’ to determine the best solutions for the users. One of the most essential responsibilities of the product analyst is to manage the backlog of the product as to increase its end value. The backlog helps the team to concentrate on the internal work and other important aspects. After the backlog is created, it’s important to maintain the backlog in order to ensure prioritization. They also oversee every stage of development of the product including the planning, processing and reviewing.

For an organization to function properly, the collaboration between a business analyst and product analyst provides the best way out of every problem, be it technical or practical. To tackle such situations, business acumen as well as technical expertise is important.

 

For Online Course Enquiries
About Imarticus
Imarticus Learning is India’s leading professional education institute that offers training in Financial Services, Data Analytics & Technology. We’ve successfully transformed careers of over 35,000+ individuals globally through our Certification, Prodegree, and Post Graduate programs offered in association with leading and renowned global organisations in the Financial Services, Data Analytics & Technology domain.
Related course
  • Post Graduate
    Post Graduate Program in Banking and Credit Underwriting
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 1376 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available MUMBAI Online
    Date Location Schedule
  • Post Graduate
    Post Graduate Program for Agile Business Analyst
    Course duration(6)
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 5
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    25th July BANGALORE-KORAMANGALA Weekend
    Date Location Schedule
  • Post Graduate
    Post Graduate Program In Finance And Accounting
    Co-created with Grant Thornton
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.9 out of 5 by 238 learners
    14 X industry demand
    Upcoming Batches
    Date Location Schedule
    None DELHI Online
    Date Location Schedule
  • Prodegree
    Agile Business Analyst and Scrum Prodegree
    Co-created with SAP
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 3208 learners
    12 X industry demand
    Upcoming Batches
    Date Location Schedule
    30th-May ONLINE Weekend
    Date Location Schedule
  • CERTIFICATION
    Full Stack Developer Certification Program
    Course duration(weeks)
    15
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 2031 learners
    13 X industry demand
    Upcoming Batches
    Date Location Schedule
    None AHMEDABAD Weekday
    Date Location Schedule
  • Certification
    Professional Certification in FinTech
    Co-created with SP Jain School of Global Management
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.8 out of 5 by 534 learners
    6X industry demand
    Upcoming Batches
    Date Location Schedule
    ONLINE Online
    Date Location Schedule
  • PRODEGREE
    Credit Risk and Underwriting Prodegree
    Co-created with Moody’s Analytics
    Course duration(Months)
    3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.5 out of 5 by 526 learners
    4X industry demand
    Upcoming Batches
    Date Location Schedule
    30th-May ONLINE Weekend
    Date Location Schedule
  • Certification
    Banking And Wealth Management Bootcamp
    Course duration(Months)
    2-3
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 460 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Weekend
    Date Location Schedule
  • Post Graduation
    Post Graduate Program In Capital Markets
    Course duration(months)
    4
    Upcoming batches
    1
    Organizations enrolled
    20
    4.7 out of 5 by 807 learners
    3X industry demand
    Upcoming Batches
    Date Location Schedule
    Not Available ONLINE Online
    Date Location Schedule
  • Certification
    Certified Investment Banking Operations Professional
    Course duration(Months)
    2-3
    Upcoming batches
    4
    Organizations enrolled
    20
    4.8 out of 5 by 7600 learners
    8X industry demand
    Upcoming Batches
    Date Location Schedule
    26th September THANE Weekday
    12th September PUNE Weekend
    Date Location Schedule
    25th September THANE Weekend
    23rd September CHENNAI Weekday