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Business Analytics Workshop

The Skill Enhancement Course in Business Analytics aims to equip students with the ability to extract insights from data for informed business decisions, focusing on data visualization, forecasting, and optimization techniques. The course covers essential topics such as break-even analysis, data visualization tools, and practical applications using software like Excel and Tableau. Upon completion, learners will be able to apply business analytics concepts to improve performance and solve decision-making problems.

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Sharmavivek1973
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2 views

Business Analytics Workshop

The Skill Enhancement Course in Business Analytics aims to equip students with the ability to extract insights from data for informed business decisions, focusing on data visualization, forecasting, and optimization techniques. The course covers essential topics such as break-even analysis, data visualization tools, and practical applications using software like Excel and Tableau. Upon completion, learners will be able to apply business analytics concepts to improve performance and solve decision-making problems.

Uploaded by

Sharmavivek1973
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Skill Enhancement Course in “Business Analytics”

“Power of Analytics” – Business Analytics


Course Facilitators:
- Mr.Vivek and Mr. Aditya

Purpose: The main purpose or objective of learning Business analytics as a tool can be defined as

1. To equip students with the skills to extract meaningful insights from data and use them to make
informed business decisions.

2. To analyze trends, predict outcomes, and inform business decisions For example, using past
sales data to predict future sales and decide how much inventory to stock for a particular season.

3. To analyze data using visualization techniques such as charts, graphs, models,

Course Outline/Outcome:
Business analytics is the use of math and statistics to collect, analyze, and interpret data to make
better business decisions. It involves

 Data Visualization: learning to create effective visualizations using tools like Microsoft Excel,
Tableau or Power BI
 Forecasting and Modeling: Techniques for predicting future trends and behaviors
 Optimization: Methods for finding the best solutions to business problems

Business analytics is widely applied.

 Marketing
 Human resource management
 Economics
 Finance
 Health, sports, and politics

By completing this course, the learner will be able to:


1. Understand and critically apply the concepts and methods of business analytics
2. Identify key business problems and use analytics to make informed decisions making
3. Improve business performance
4. Interpret and identify appropriate courses of action for a given managerial situation
5. Create viable solutions to decision making problems.

AICTE Approved IKGPTU Affiliated Phase 2, Mohali, Sector 54, Chandigarh 160055 www.gjimt.ac.in
Course Duration: 1 Day Workshop -2 Hrs.

Course Content/Syllabus:
A Business Analytics syllabus typically covers a broad range of topics, including data analysis,
statistical techniques, data visualization, programming, and business strategy
Key topics
1. Break-Even Analysis and Forecasting; Determining the Break-even point at various time
periods
2. Excel - Using the VLOOKUP and HLOOKUP Functions
3. Charts and graphs: Basic understanding of different kinds of data visualization tools like charts
and graphs

Methodology:
- Lecture Based instructions
- Visual Demonstration (PowerPoint Presentations)
- Hands on Experience – MS excel 2013

Assignment:

Test:

AICTE Approved IKGPTU Affiliated Phase 2, Mohali, Sector 54, Chandigarh 160055 www.gjimt.ac.in
AICTE Approved IKGPTU Affiliated Phase 2, Mohali, Sector 54, Chandigarh 160055 www.gjimt.ac.in

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