BUSINESS ANALYTICS
BUSINESS ANALYTICS
23AD1918 BUSINESS ANALYTICS L T P C
3 0 0 3
COURSE OBJECTIVE:
To understand the Analytics Life Cycle.
To comprehend the process of acquiring Business Intelligence .
To understand various types of analytics for Business Forecasting .
To model the supply chain management for Analytics.
Apply analytics for different functions of a business .
UNIT - I INTRODUCTION TO BUSINESS ANALYTICS 9
Analytics and Data Science – Analytics Life Cycle – Types of Analytics – Business Problem Definition – Data Collection – Data Preparation – Hypothesis Generation – Modeling – Validating and verifying analytical results, Communicating and presenting results to clients and driving organizational change and assessing impact– Interpretation – Deployment and Iteration- Optimizing Inventory Management.
UNIT - II BUSINESS INTELLIGENCE 9
Data Warehouses and Data Mart - Knowledge Management – Types of Decisions - Decision Making Process - Decision Support Systems – Business Intelligence – OLAP – Analytic functions - Enhancing Decision-Making with Business Intelligence.
UNIT - III BUSINESS FORECASTING 9
Introduction to Business Forecasting and Predictive analytics - Data Mining and Predictive Analysis Modeling -Linear Regression, Cluster, CART and Neural Network model– Data Visualization and Analytics- Charts(Bars-Pie-Line-Scatter-Map-Bubble-Box & Whisker-Tree map - Heat map-Circle and Area) -Worksheet, Dashboard and Story Board creation Demand Forecasting for Retail Chain
UNIT - IV HR & SUPPY CHAIN ANALYTICS 9
Decision Trees- Logistic Regression -Neural Network Model – K-Nearest Neighbours – Naive Bayes – Regression Models - Linear Regression - Other Regression AlgorithmsCase study: predictive web Analytics.
UNIT - V MARKETING & SALES ANALYTICS 9
Marketing Strategy, Marketing Mix, Customer Behavior – selling Process – Sales Planning – Analytics applications in Marketing and Sales - Enhancing Marketing and Sales Effectiveness.
TOTAL : 45 PERIODS
COURSE OUTCOME(S): Upon completion of the course, students will be able to:
CO1 Define key concepts of Business Analytics and its life cycle.
CO2 Explain the role of Business Intelligence in decision-making.
CO3 Apply predictive analytics for demand forecasting.
CO4 Analyze supply chain and HR analytics models.
CO5 Evaluate marketing and sales analytics strategies.
CO6 Develop a complete business analytics solution.