Module 2: The Competencies of a Business Analyst
- Personal qualities
- Business knowledge
- Professional techniques
- The development of competencies
Business Analysis Certification Training in Iceland
From Enrolment to Certified
Built for aspiring and practising analysts across Iceland, this instructor-led Business Analysis Foundation & Practitioner Certification Course takes you from business analysis foundations to applied practitioner skill. Earn two EXIN credentials, developed with BCS, The Chartered Institute for IT, and master the investigation, requirements and modelling techniques Icelandic banks, fintechs and tech employers hire for.
Flexible
Training Schedules
Live virtual
Mode
32
Hours
30
PDUs
18K+ already enrolled
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Course Overview
Overview
What's Included
Course Highlights
Eligibility Criteria
Benefits
Exam Format
Certification Cost
Who Can Take
What Is the Business Analysis Foundation and Practitioner Certification?
Your Two-Level Route into Business Analysis
Invensis Learning is an EXIN Accredited Training Provider in Iceland, approved to deliver official Business Analysis training using EXIN-aligned courseware and the EXIN Business Analysis Certification Preparation Guide.
Next: What's Included
What's Included in Your Business Analysis Foundation and Practitioner Training
EXIN BCS-accredited digital courseware aligned to the official BoK
Live instructor-led training: 2-day Foundation (16 hours) + 2-day Practitioner (16 hours) — 32 hours total, at 8 hours per day
Topic-wise learning resources, exercises and knowledge checks
30 PDUs on completion of the training (16 Foundation + 16 Practitioner, credited as 30 combined)
Retake the training within 2 months at no additional cost
Recordings of all training sessions.
Next: Course Highlights
Key Highlights
of the Business Analysis Foundation and Practitioner Training Course
Next: Eligibility Criteria
Business Analysis F&P Certification Eligibility in Iceland
Do You Qualify for the Business Analysis F&P Exam?
Next: Benefits
Why This Business Analysis Credential Pays Off
Career Value for Individuals and Teams
For Individuals
The Foundation and Practitioner programme helps professionals move from understanding business analysis to applying it with confidence. It suits people new to the field and those who have practised without a formal qualification and want it validated. Whether you are switching into analysis from IT, project delivery or a product role, the two levels give you both the concepts and the applied techniques that employers in Reykjavik and across Iceland increasingly expect.
If you want a globally recognised BA credential backed by BCS, this is a direct route. You gain investigation, requirements, modelling and business-case skills, plus the confidence to shape solutions that deliver measurable value.
- Earns two recognised EXIN credentials quality-assured by BCS in one programme
- Opens business analyst, product owner and requirements analyst roles in Iceland
- Builds a complete toolkit for investigation, requirements and modelling
- Validates applied skill through a scenario-based Practitioner exam
- Gives lifetime certifications with no expiry or renewal cost
- Strengthens your standing in banking, fintech and tech transformation work
- Provides a clear step up from foundation knowledge to practitioner practice
- Travels across Iceland, the Nordics and 165-plus EXIN countries
For Organizations
Group training equips analysts, product owners and delivery teams with a consistent, structured approach to business analysis. It can be delivered for IT functions, PMOs, change teams or whole departments. For Icelandic organisations modernising services, digitising banking or preparing for AI regulation, a trained analysis team turns ambiguous business needs into clear, testable requirements.
If your teams struggle to translate strategy into deliverable requirements, this programme creates a common method for elicitation, modelling and business-case work, so change lands faster and with less waste.
- Builds a shared, BCS-aligned business analysis language across teams
- Improves how requirements are gathered, documented and traced
- Reduces rework by aligning solutions to real business needs
- Standardises investigation and modelling practice across projects
- Supports digital and regulatory change programmes in Iceland
- Enables customised group delivery aligned to your business goals
- Strengthens in-house analysis capability for banking and tech work
- Offers flexible onsite and live virtual delivery for busy teams
Next: Exam Format
Business Analysis F&P Exam Format in Iceland
Questions, Duration and Passing Criteria
The Business Analysis Foundation and Practitioner (BA F&P) exams validate your ability to perform structured business analysis across the full BA lifecycle, from strategic context analysis through to requirements engineering, solution evaluation, and benefits realisation. The certification focuses on key areas such as the business analysis process model, strategic analysis (PESTLE, Porter's Five Forces, MOST, SWOT), stakeholder analysis and engagement (Power/Interest grid, CATWOE, RACI), modelling business systems and processes, requirements engineering (elicitation, analysis, validation, management), business case development and investment appraisal, gap analysis, and benefits planning and realisation. It is designed for professionals who want to demonstrate their expertise in translating business needs into deliverable solutions and supporting successful change in real-world organisational environments.
Next: Certification Cost
Business Analysis F&P Certification Cost in Iceland
Next: Who Can Take
Who Should Take Business Analysis F&P Certification Training in Iceland?
Business Analysts
Project Managers
Product Owners
Requirement Engineers
Business Managers
Team Members
Business Change Managers
Business Analysis Careers in Iceland
Roles, Sectors and Hiring Demand
Business analysis has become one of Iceland's most bankable skills. As Digital Iceland modernises public services, banks such as Arion, Islandsbanki and Landsbankinn move to a cash-light model, and the EU AI Act enters Icelandic law in 2026, employers need analysts who can turn business needs into clear, testable requirements. Demand runs from junior analyst to senior BA, product owner and requirements lead, and here is what the Icelandic market shows right now.
Designation
Business Analysis Foundation and Practitioner Certified Professionals in Iceland : Salary Insights and Trends
Hiring Companies in Iceland
kr7500KMin
kr9100KAverage
kr11000KMax
SalaryExpert - ERI (Iceland) 2026
AdvaniaOrigoMenigaIcelandair
Source: Advania - Origo - Meniga - Icelandair
What Is Driving Business Analysis Demand in Iceland
Business analysis is more than a certificate. It is the skill that turns Iceland's change agenda into deliverable outcomes. Join professionals who translate business needs into clear requirements. Start your journey today.
Your Iceland Career TransformationYour Business Analysis Career, Before and After
The Shift This Credential Makes in Iceland
Iceland's digital, banking and public-sector change agenda is expanding, and employers increasingly separate certified analysts from the rest. Here is which side of that line you want to be on.
Sources: SalaryExpert, ERI (Reykjavik, Iceland) 2026.
How to Get Business Analysis F&P Certified in Iceland
Step-by-Step Certification Process
The Business Analysis certification path in Iceland is a streamlined two-exam track. Complete the 4-day Invensis Learning training, then sit both the Foundation and Practitioner exams (each 40 MCQ / 60 minutes / 65% pass / closed book). On passing both, you earn the Business Analysis Foundation and Practitioner credentials.
Module 3: Strategy Analysis
- The context for strategy
- The definition of strategy (Johnson, Scholes, and Whittington 2008)
- Strategy development
- External environment analysis
- Internal environment analysis
- SWOT analysis
- Executing strategy
Module 4: The Business Analysis Process Model
- An approach to problem-solving
- Stages of the business analysis process model
- Objectives of the process model stages
- Procedure for each process model stage
- Techniques used within each process model stage
Module 5: Investigation Techniques
- Interviews
- Observation
- Workshops
- Scenarios
- Prototyping
- Quantitative approaches
- Documenting the current situation
Module 6: Stakeholder Analysis and Management
- Stakeholder categories and identification
- Analysing stakeholders
- Stakeholder management strategies
- Managing stakeholders
- Understanding stakeholder perspectives
- Business activity models
Module 7: Modelling Business Processes
- Organisational context
- An alternative view of an organisation
- The organisational view of business processes
- Value propositions
- Process models
- Analysing the as-is process model
- Improving business processes (to-be business process)
Module 8: Defining the solution
- Gap analysis
- Introduction to Business Architecture
- Definition of Business Architecture
- Business Architecture techniques
Module 9: Making a Business and Financial Case
- The business case in the project lifecycle
- Identifying options
- Assessing project feasibility
- Structure of a business case
- Investment appraisal
Module 10: Establishing the Requirements
- A Framework for Requirements Engineering
- Actors in requirements engineering
- Requirements elicitation
- Requirements analysis
- Requirements validation
- Documenting and Managing Requirements
- The requirements document
- The requirements catalogue
- Managing requirements
Module 11: Modelling Requirements
- Modelling system functions
- Modelling system data
Module 12: Delivering the Requirements
- Delivering the solution
- Context
- Lifecycles
Module 13: Delivering the Business Solution
- BA's role in the business change lifecycle
- Design stage
- Implementation stage
- Realization stage
Module 1: The Rationale for Business Analysis
- Explain the role of the BA throughout the business change lifecycle
- Understand the scope of the BA role within the context of the range of analysis activities: strategic analysis and definition, business analysis, and IT systems analysis
- Identify three competency areas for a BA: personal qualities, business knowledge, and professional techniques
Module 2: Understanding the Strategic Context
- Apply the MOST technique to analyse the internal environment of an organisation
- Apply the resource audit technique to analyse the internal environment of an organisation.
- Apply the PESTLE technique to analyse the external environment of an organisation
- Apply Porter's Five Forces technique to analyse the external environment of an organisation
- Explain the purpose of a SWOT analysis
- Identify strengths, weaknesses, opportunities, and threats for a given scenario
- Define and explain the relationship between Critical Success Factor, Key Performance Indicator, and Performance Targets.
- Define the elements of the balanced business scorecard and describe how it may be used to identify Critical Success Factors and Key Performance Indicators
Module 3: Understanding the Current Situation
- Identify the generic stakeholder categories defined in the stakeholder wheel
- Identify relevant investigation techniques for a given scenario
- Explain the rationale for taking a holistic view when investigating a business situation
- Interpret the business situation represented in rich pictures, mind maps, and fishbone diagrams
Module 4: Stakeholder Analysis and Management
- In a given scenario, describe stakeholders in terms of their power/influence and level of interest
- Select an appropriate stakeholder management strategy based on the position on the Power/Interest Grid
- Apply the CATWOE technique to explore stakeholder business perspectives.
- Explain different stakeholder business perspectives based on elements of CATWOE to identify similarities and differences in their worldviews
Module 5: Analysing and Modelling Business Activities
- Explain the rationale for building conceptual models of a business situation
- Understand how to construct a conceptual business activity model based on a given scenario
- Understand how the five types of high-level activity within a business activity model (and the dependencies between them) represent a stakeholder's business perspective
- Explain the role of the planning activities in determining performance targets for a business system represented in the business activity model
- Explain the role of the enabling activities, in acquiring and replenishing resources for a business system represented in the business activity model
- Explain the role of the activities in conducting the work of the transformation, as defined in the stakeholder's CATWOE
- Explain the role of monitoring and control activities, in regulating a business system represented in the business activity model
- Explain the three types of business events
- 5n a given business activity model, identify the business events that will be handled by particular business activity
- Explain the rationale for the consensus business activity model
Module 6: Identifying Potential Solutions
- In a given business scenario, distinguish between the different categories of business rules
- Describe the process for carrying out gap analysis by comparing the conceptual business activity model and existing business situation
- Define the components of a new business model
Module 7: Building the Business Case
- Explain the rationale for the development of a business case.
- Describe the contents of a business case
- Interpret a scenario to identify tangible and intangible costs and benefits, risks, and impacts
- Understand the rationale for the development of the financial case and the appraisal techniques
- Explain where a business case sits within the business change lifecycle and the rationale for reviewing it at each stage
Course Curriculum
of the Business Analysis Foundation and Practitioner Certification Training
The Business Analysis F&P curriculum follows the official EXIN BCS Business Analysis Body of Knowledge and covers strategy analysis, the BA process model, investigation techniques, stakeholder analysis, business process modelling, requirements engineering, and the business
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Business Analysis Foundation Course Overview
Module 1: What is Business Analysis?
- The Origins of Business Analysis
- The Development of Business Analysis
- The Scope of Business Analysis Work
- Taking a Holistic Approach
- The Role and Responsibilities of a Business Analyst
Foundational to nearly every question on the exam, since it frames the BA role referenced throughout the paper.
Business Analysis Practitioner Course Overview
Module 1: The Rationale for Business Analysis
- Explain the role of the BA throughout the business change lifecycle
- Understand the scope of the BA role within the context of the range of analysis activities: strategic analysis and definition, business analysis, and IT systems analysis
- Identify three competency areas for a BA: personal qualities, business knowledge, and professional techniques
Builds directly on Foundation-level content, making it one of the fastest modules to master for the Practitioner exam.
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Skills You Will Build in This Programme
Your Applied Business Analysis Toolkit
This programme takes you from Foundation concepts to Practitioner practice. By the end you can investigate a business situation, elicit and model requirements, and build a business case that connects a proposed solution to measurable value.
Business Analysis Foundations
Learn the skills covered in the Foundation and Practitioner programme, starting with what business analysis is, the analyst's competencies and the BCS business analysis process model that underpins every later technique.
Investigation and Elicitation
Gather information about business situations using interviews, workshops, observation, questionnaires and document analysis, and learn to select the right technique for each context and stakeholder.
Stakeholder Analysis and Management
Identify and analyse stakeholders with power and interest grids and RACI, plan engagement, and manage resistance, conflict and competing interests across a change initiative.
Strategy and Business Case Analysis
Apply PESTLE, SWOT and gap analysis to the strategic context, then build a business case using cost-benefit analysis and investment appraisal such as NPV, ROI and payback.
Requirements Engineering
Elicit, categorise and prioritise requirements with MoSCoW, write clear and testable requirement statements, and manage them through traceability and change control.
Business Process and Requirements Modelling
Model current and future processes with BPMN and swimlanes, and represent requirements with use cases, entity-relationship diagrams and UML activity and sequence diagrams.
Solution Definition and Delivery
Define solution scope, evaluate options for feasibility, and support delivery, validation and user acceptance so that what is built meets the agreed business need.
Applying BA in Real Scenarios
Practise the Practitioner-level application of business analysis techniques against realistic project scenarios, the core of the scenario-based Practitioner exam.
Business Analysis Foundation and Practitioner Training Modes
for Professionals and Teams
We offer flexible training formats designed to suit different learning preferences, schedules, and professional goals. Whether you prefer classroom learning, live online sessions, team-based learning, or personalized coaching, choose the option that best supports your Business Analysis Foundation & Practitioner learning journey.
Business Analysis Classroom Training
Instructor-led classroom sessions
Interactive discussions and group activities
Real-world examples and practical exercises
Structured learning with fixed schedules
Opportunities for peer networking and collaboration
Practice assessments and knowledge checks
Dedicated Q&A and concept clarification
Immediate trainer feedback and support
Learn through face-to-face sessions led by experienced instructors in a collaborative classroom environment. This Classroom Business Analysis F&P training format combines expert guidance, peer interaction, and practical exercises to create an engaging learning experience.
Official EXIN BCS-aligned Course Material
Best For: Learners who prefer in-person interaction, structured schedules, and collaborative learning experiences.
Business Analysis Corporate Group Training
Customised training aligned to organisational goals
Flexible delivery: onsite, virtual, hybrid, or blended
Scheduling tailored to business availability
Role-based examples and industry-relevant discussions
Progress tracking and learner assessments where applicable
Dedicated coordination and administrative support
Consistent learning experiences across teams
Scalable delivery for local, regional, or global workforces
Designed for organizations that want to strengthen business analysis capabilities, improve requirements management practices, and support workforce development through structured learning initiatives. This format is ideal for Business Analysis F&P training for companies in Iceland seeking to build high-performing analysis teams.
Official EXIN BCS-aligned Course Material
Best For: Organizations looking to upskill employees, address capability gaps, and deliver consistent training across teams.
Business Analysis Focused 1-to-1 Training
One-to-one instructor attention
Customised learning plans and objectives
Flexible scheduling based on availability
Personalized feedback and coaching
Additional focus on challenging topics
Targeted practice and revision support
Faster clarification of questions and concepts
Learning pace is adapted to individual needs
Receive personalized instruction tailored to your goals, pace, and learning requirements through dedicated sessions with an expert trainer. This format provides Business Analysis F&P coaching for professionals seeking individualized support with certification preparation, business analysis techniques, and career development.
Official EXIN BCS-aligned Course Material
Best For: Professionals seeking personalized guidance, accelerated learning, or focused support to achieve specific outcomes.
Business Analysis Live Virtual Training
Live online instructor-led sessions
Interactive discussions and virtual activities
Expert guidance from experienced trainers
Practice assessments and revision support
Dedicated Q&A sessions for concept clarification
Fixed schedules for accountability and momentum
Small batch sizes for personalized attention
Access from any location with internet connectivity
Starts from
EUR 1040
Please Note: Attend fully interactive online sessions from anywhere while benefiting from real-time instructor guidance and collaborative learning experiences. This Virtual Business Analysis F&P training option provides flexibility while maintaining direct engagement with experienced trainers.
Official EXIN BCS-aligned Course Material
Best For: Professionals seeking the flexibility of online learning without compromising on live instructor interaction.
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Why Choose Invensis Learning in Iceland
Accredited, Expert-Led Training
Invensis Learning delivers structured Business Analysis Foundation and Practitioner training for individuals and organisations building analysis capability in Iceland. As an EXIN Accredited Training Provider, we combine accredited trainers, BCS-aligned courseware, flexible delivery and learner-focused support. Whether you enrol as an individual or plan group training for your team, you get a professional learning experience built around practical understanding, real-world application and readiness for both EXIN exams.
- EXIN Accredited Training Provider for BCS Business Analysis Foundation and Practitioner
- EXIN-accredited, qualified trainers with real business analysis experience
- ISO 9001:2015 and ISO 27001:2022 certified training operations
- Flexible live virtual, classroom and corporate delivery to suit your schedule
- Industry case studies and mock exams for both Foundation and Practitioner
- Guidance to clear both EXIN exams on your first attempt
- Dedicated learner support before, during and after training
- Competitive pricing for individual and corporate learners in Iceland
98%
First-Attempt Pass Rate
5000+
Accredited Trainers Globally
4.7/5
Rated by Learners Worldwide
500+
Corporate Clients
ISO 9001:2015 Certified
ISO 27001:2022 Certified
Secure SSL Encryption
Leaders in Training industry for 12+ years
Over 5000 five star reviews
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Business Analysis Foundation and Practitioner Training Locations in Iceland
Instructor-led in-person Classroom training is available for group batches. All other public cohorts are delivered as Instructor-led Live Virtual. See available cohorts
Business Analysis Foundation and Practitioner Training Location in Iceland
Hilton Reykjavik Nordica, 2, Suðurlandsbraut, Háaleiti, Háaleiti og Bústaðir, Reykjavíkurborg, Höfuðborgarsvæðið, 108, Ísland
Business Analysis Foundation and Practitioner Training Location in Iceland
Grand Hotel Reykjavik, 38, Sigtún, Teigar, Laugardalur, Reykjavíkurborg, Höfuðborgarsvæðið, 105, Ísland
Corporate BA Training in Iceland
Build Team Capability
- Customised training for analysts, product owners and delivery teams
- Flexible delivery through onsite, live virtual, hybrid or blended formats
- Schedules aligned to your team's availability and workload
- EXIN-accredited trainers with practical business analysis expertise
- Role-based, Iceland-relevant case studies for real workplace application
- Progress tracking, assessments and coordination for group cohorts
- Scalable delivery for teams across Iceland and the Nordics
Trusted by Leading Enterprises in Iceland
AdvaniaOrigoArion BankIslandsbankiMarelCCP Games
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We also deliver Business Analysis Foundation and Practitioner Certification Training across multiple cities in Iceland
Business Analysis Foundation and Practitioner training for individuals and teams. Select a city in Iceland to view upcoming dates, formats and pricing.
Business Analysis Foundation and Practitioner Training Course in Reykjavik
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Frequently Asked Questions
Here's everything you may ask...
It is a two-level EXIN credential developed in partnership with BCS, The Chartered Institute for IT. The Foundation level validates core business analysis knowledge and the Practitioner level validates the ability to apply BA techniques in real project scenarios. Both are aligned to the BCS Business Analysis Body of Knowledge.
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