Business Analytics

Business analytics involves understanding the data-driven activities of a business to draw inferences to make calculated decisions with higher certainty. Business analytics encompasses a gamut of analysis around business data to draw information that could be used by the managers at various levels in an organisation. It enables fact-based decision making while extending accountability in decision making. For the purposes of this module, business analytics is defined as the process of extracting, transforming, and loading data in order to summarise it to extract information.

This module introduces the learner to tools and methods for conducting business analytics. The T&L strategy will involve a number of categories of learning activities including the acquisition of knowledge through reading websites and blogs and watching video lectures. It will also encompass discussion based learning through reflective e-tivities, online discussion forums and synchronous learning where appropriate. Learners will also gain knowledge and skills through practice based learning where they will analyse information from a range of digital sources and develop and apply business analytics skills and techniques. 

1. Manage, explore and cleanse business data for analytics

2. Execute model-driven and data-driven analytics

3. Generate reports and visualisations

4. Apply data mining methods

5. Develop analytics solutions for finance and marketing functional problems