Introduction
In the contemporary business scenario, the management focus is clearly oriented towards
sustained and continuous profitable growth. To achieve this, Information Technology (IT) and
its various applications become the backbone of the growing organizational landscape. Firms
are able to leverage IT for streamlining and capturing a wide variety of business transactions.
Technology intensive industries are often at the forefront, leading nations and economies
towards hyper growth. Considering the potential of IT applications, this course seeks to
inspire and equip students with business analytics. The role of BA in business, the
stakeholders and the benefits are discussed through case-lets and examples. Additionally, the
course is aimed at providing students with a working knowledge of technical tools such as
SPSS, XL Miner, Advanced Excel, Data mining tools in addition to theoretical concepts.
Learning Objectives
The course seeks to help students gain an understanding of Business Analytics. The core
objectives can be stated as
This course will help students to in depth understanding of business data analytics in different
domains. Integration of all various types of sources, develop the data warehousing and
Provide reporting, analyzing & decision support capabilities to Management through
Dashboards, KPI (Key Performance Indicators), Applying the statistical model (Correlation,
Regression, Forecasting) and MIS (Management Information System) reports.
Data that has relevance for managerial decisions is accumulating at an incredible rate due to a
host of technological advances. Electronic data capture has become inexpensive and
ubiquitous as a by-product of innovations such as the internet, e-commerce, electronic
banking, point-of-sale devices, bar-code readers, and intelligent machines. Such data is often
stored in data warehouses and data marts specifically intended for management decision
support. Data mining is a rapidly growing field that is concerned with developing techniques
to assist managers to make intelligent use of these repositories. A number of successful
applications have been reported in areas such as credit rating, fraud detection, database
marketing, customer relationship management, and stock market investments. The field of
data mining has evolved from the disciplines of statistics and artificial intelligence.
This course will examine methods that have emerged from both fields and proven to be of
value in recognizing patterns and making predictions from an applications perspective. We
will survey applications and provide an opportunity for hands-on experimentation with
algorithms for data mining using easy-to- use software and cases
Pedagogical Approach
Learning will be through a combination of text book reading, case-lets and
practitioner
articles
from
reputed
journals.
Through
Presentation,
Exercise/Problems, Case Studies, situational case study, video clips, Case study
presentation by Group of team. Objective questions to test analytical skills.
Course Evaluation
Students will be evaluated on the following components:
Assessment tool
Attendance and class participation
Assignment/Projects/Any other tests
Midterm test
End term test
Total
Sites:
http://www.kimballgroup.com/
http://www.dwbiconcepts.com/
Reference Books:
1) Business Analytics by Evans 2) Fundamental of Business Analytics by
Prasad
1)
2)
3)
4)
5) Data Mining Concepts and Technique Jiawei Han / Micheline Kamber / Jian
Pei
Session Plan :
Session-wise plan is outlined below with relevant Readings.
Ses
sion
1
Topic
8
9
10
11
12,1
3
Practical
Practical
Practical
Practical
OLAP (On-line Analytical
Processing)
Develop Business Analytics
Solution using data warehousing
technology
Provide reporting,
Pre-class
reading
(page
nos. of
text book)
Assignment/
Case
Focus
(Knowledge
/ Skills/
Attitude)
14
15
16,1
7
18
19
20
21
22
23
24
25
26
27
28
29
30
Practical
Practical
Correlation, Regression
Forecasting
Case Study on Telecom Company
Student Presentation
Data Mining techniques
Data Mining Applications
Practical
Practical
Practical
Practical
31
32
33
Case Study
Case Study