Course Details

Introduction: Use of Analytics in business is becoming a critical requirement in highly competitive environment. It facilitates measure and improves performance through optimized decision making. The tools used are primarily MS Excel and other specialized  tools.

Critical Managerial Abilities - Competencies to be Built: This is a highly practice based course with a focus on learning to solve business problems using Analytics. Since the course is highly practise based, a large number of realistic business cases are provided for participant to solve using concepts, methods and technology. This further helps participants build the following Critical Managerial Abilities:

• Use of decision making framework
• Nature of data and learning to organize it for analysis
• Use of Analytical techniques and Excel tools
• Graphical analysis
• OLAP
• What-if-analysis
• Statistical analysis
• Probability theory and its application to business challenges
• Decision Analysis
• Building Predictive Analytics Models and making forecasts using such Models
• Optimization techniques and their applications in different business situations
• Simulation