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Business analysis is a professional discipline [1] focused on identifying business needs and determining solutions to business problems. [2] Solutions may include a software-systems development component, process improvements, or organizational changes, and may involve extensive analysis, strategic planning and policy development.
Business analytics (BA) refers to the skills, technologies, and practices for iterative exploration and investigation of past business performance to gain insight and drive business planning. Business analytics focuses on developing new insights and understanding of business performance based on data and statistical methods .
A business analyst should have knowledge in IT and/or business, but the combination of both of these fields is what makes a business analyst such a valuable asset to the business environment. As a minimum standard, a business analyst should have a "general understanding of how systems, products and tools work" in the business environment. [2]
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The MBA dissertation (or thesis in some universities) will, in general, comprise the following in some combination: [47] a discussion of the literature, providing a critical review and structuring of what is known on a given topic, to address a specific problem; a case study that goes beyond simple description, containing the analysis of ...
The DBA and PhD in business administration are terminal degrees, allowing the recipient to obtain a tenure-track position in the United States; other countries' requirements may differ. In some cases, the distinction is solely administrative. For example, Harvard Business School was not authorized to issue a PhD until 2018. [23]
Potential job interview opportunities also include networking events and career fairs. The job interview is considered one of the most useful tools for evaluating potential employees. [3] It also demands significant resources from the employer, yet has been demonstrated to be notoriously unreliable in identifying the optimal person for the job. [3]
An undergraduate thesis is completed in the final year of the degree alongside existing seminar (lecture) or laboratory courses, and is often divided into two presentations: proposal and thesis presentations (though this varies across universities), whereas a master thesis or doctorate dissertation is accomplished in the last term alone and is ...