MDP in Business Analytics - insAnalytics

MDP in Business Analytics
Gain exposure to real-life business solutions leveraging analytics

5 Days/ 10 Days programme

Contact hours: 40 hours/ 80 hours

Conceptual Learning
Conceptual Learning
Projects/ Assignments
Case studies/ Use cases

Programme Objectives

The “Management Development Programme in Business Analytics” blends academic curricula with real-world examples of successful execution of business analytics initiatives & projects by global industry leaders across industry verticals. The programme lays the foundation of business analytics concepts necessary to run such projects, and reinforces them with case studies/ use cases/ examples of successful implementation in the industry.

Who should go for the Programme?

The “Management Development Programme in Business Analytics” has been designed & developed primarily for middle managers who aspire to work in data analysis driven environments. For managers who intend to take up decision-making roles in their organizations and champion various strategic initiatives, this programme would help in understanding, analyzing & interpreting data which would in turn facilitate further decision making.

Key Takeaways

After successful completion of the “Management Development Programme in Business Analytics”, participants will be able to:

Articulate how business analytics can help manage their business better
Develop awareness of various Statistical, Mathematical & Econometric models used in business analytics
Identify the dos-and-don’ts of successfully running business analytics projects
Appreciate the scope of analytics in their business domains
Lead/ guide business analytics initiatives in their businesses

Learning Mode

Curriculum Overview

Introduction to Business Analytics

Business Analytics & Business Intelligence

Importance of IT in Business Analytics

Introduction to the various types of Analytics

Comparison between the various Analytics tools

Descriptive Analytics

Common Techniques of Descriptive Analytics

Analytical Inference

Sampling
Estimation
Testing of Hypothesis
Analysis of Variance (ANOVA)

Predictive Analytics

Regression Models
Forecasting Models

Prescriptive Analytics

Simple Prescriptive Analysis
Segmentation: Cluster Analysis
Optimization Techniques
Recommendation Engine

Case studies/ Use cases

Over a dozen case studies
At least three (3) case studies as hands-on sessions
Case studies cover the banking, retail, telecom, media, real-estate, etc industries

Projects/ Assignments

Evaluation/ Examination

Similar Training Programmes

Data Management & Data Mining through R / Python

Business Forecasting

Advanced Data Science / Advanced Machine Learning through Python

Certified Professional in Business Analytics [UG]

Certified Professional in Business Analytics [PG]

Are there any Learning Pre-requisites?

Participants best-suited to derive maximum benefits from the “Management Development Programme in Business Analytics” are professionals with at least three (3) years of industry experience.
The programme has been tailored to suit learning requirements of middle managers in the industry, with minimal pre-requisites with regards to knowledge of Statistics.
Nevertheless, in the interest of effective & efficient learning of participants, we recommend that participants have a Graduate or a Post Graduate degree with, as part of their curriculum, at least one of the following subjects: Mathematics, Statistics, Engineering Mathematics, Business Mathematics, or Mathematical Economics.