Post Graduate Diploma in Management: Narsee Monjee Institute of Management Studies

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SVKM’s

NARSEE MONJEE INSTITUTE OF MANAGEMENT STUDIES


POST GRADUATE DIPLOMA IN MANAGEMENT

Program: PGDM Trimester: VI


Course: Analytics for Pharma & Healthcare Code:
Teaching Scheme Evaluation Scheme
Classroom Practical/ Tutorials Credit Continuous Term End
Session Group work Evaluation Examination
(TEE)
20 3 50% 50%
Course Rationale:
Analytics is being applied widely in various areas of healthcare and pharmaceutical industries. The
course will provide an understanding and hands on experience of data analytics used in the
Pharmaceutical industry and related fields. This course will cover potential use of data analytics
across the different phases of pharmaceutical development. Emphasis will be on the use of data
analytics for both pre and post launch activities of a drug.

Course Objectives:
1. To develop and comprehend broad dimensions and trends of technology impacting HR. function
2. To bring about appreciation and awareness of Big Data and its applications in the HR functions of
Recruitment, Learning and Development, Compensation and Benefits, Performance Management,
and Talent Management
3. To emphasize the importance of Metrics, Analytics and Predictive Analytics in the domain of
Talent Management
4. To acquaint the students with the concepts and practice of techniques used in HR Analytics with
special reference to Attrition Analytics
5. To have hands on experience with real data and apply predictive techniques in the field of talent
management

Learning Outcomes:
Upon successful completion of the course students will be able to:
1. Gain practical insights of Human Resources Technology/HRIS and how the field has evolved and
shaped over time
2. Comprehend the processes of HR Technology and apply the various tools, procedures and
techniques used by practitioners in the field.
3. Grasp the significance and and evaluate the emerging paradigms and trends in Human Resources
Technology
4. Assimilate the application of analytics in various areas of HR, especially in Recruitment and
Selection, Training and Development, Compensation and Benefits, Performance Management, and
Talent Management
5. Gain proficiency in applying “Predictive Analytics” to the various facets of HRM

Prerequisite(s):

This course assumes student’s familiarity with the following:


 Database concepts of SQL
 Linux operating system flavors
 Python programming language

Operational Prerequisites:
Lab System and personal system to have Hadoop and MapReduce
Pedagogy:
 Case based analysis, group exercises, experiential learning activities, quizzes, role plays,
presentations and lecture method.

Textbook:
 Data Driven Healthcare: How Analytics & BI are transforming the Industry, Laura B.
Madsen,Wiley Publishers, 2014

Reference Books :
 Health Analytics: Gaining the Insights to Transform Health Care, Jason Burke, Wiley
Publishing,2013
 Analytics in Healthcare and the Life Sciences, Strategies, Implementation Methods, and Best
Practices, Thomas H. Davenport, Dwight McNeill,2013

Journals:
 Sloan Management Review
 HBR

Links to websites:
 Health economic Modeling
http://www.amazon.in/Decision-Modelling-Economic-Evaluation-
Handbooks/dp/0198526628/ref=sr_1_1?ie=UTF8&qid=1420006644&sr=8-
1&keywords=Andrew+Briggs
 Sales Force Effectiveness
http://www.amazon.com/Complete-Guide-Accelerating-Sales-
performance/dp/0814420141/ref=asap_bc?ie=UTF8
 http://www.amazon.com/Sales-Force-Design-Strategic-advantage/dp/1403903050/ref=asap_bc?
ie=UTF8
 http://www.amazon.com/Complete-Guide-Sales-Incentive-
compensation/dp/0814473245/ref=asap_bc?ie=UTF8
Big Data in Pharma World: What & How!! We Want?
 http://www.phusewiki.org/docs/Conference%202017%20RW%20Papers/RW02.pdf

Evaluation Scheme:
 Term-End Exam 50%
 Case Studies & Write-ups 15%
 Assignments/ Projects 25%
 Quiz 10%
Total 100%

Session Plan:
Session Topic (including subtopics) Learning Pedagogical Textbook
Outcomes Tool1 Chapters &
Readings
1-2 Introduction to Pharma Class
development Discussion
 Health Economics
3-4 Healthcare Data Landscape: Class
 Data Standards Discussion

1
Provide the details of Pedagogical tool viz., Title & source of Case/ Nature of Simulation Exercise/
Role Play/ Lecture/Class Discussion etc.
 Public & Private Data
 Types of Data Identity
 Velocity & Aggregation
 Unstructured Data & Use
Cases
5 Pharma Industry and Big Data Integration of Class Big Data in
Analytics Data Lake and Discussion Pharma World
Big Data Srategy
Implementation
of Big Data in
Pharmaceutical /
Biotech/Healthca
re Industry
6-7 Introductions to Data Analytics Using Structured Hands-on
and Management for Clinical & Unstructured
Operations Data for
 Patient adherence optimization
 Market-mix modeling Hands-on
examples of
 Clinical Trial assessment
building Machine
Learning
algorithms in R
8-10 Introduction to Health Concepts of Cost Class
Economics Modeling: Effectiveness Discussions
 Concepts of QALY, Utility Volume & & Hands-on
 Scoring an EQ-5D Utilization
Analytics
 Pharmacy policy on total costs
Cost utility
 Decision Tree Models analysis
 Markov Models
 Sensitivity Analysis

11 Case Discussion Predilytics


12-14 Biostatistics Computational Class
 Drug efficiency testing models to Discussion
 Optimization of cycle time and simulate
costs for clinical trials experiments for
 Computational models to better lab
simulate experiments for better performance
lab performance

15 Patient Similarity Analytics Identification of Class


similar patients to Discussion
index patients

16 Predictive Modeling Identification of Class


high-risk and Discussion
high-impact
patients
17 Clinical Pathway Analysis Hierarchical Class
Exploration Discussion
Interval
Representation
Time Interval
Related Pattern
Karma Lego
Enumeration Tree
18-19 Prescriptive Analytics : Disease Provide important Class
Progression Modeling insights into how Discussion
diseases evolve
over time
Longitudinal
Information
Chronic Disease
20 Presentation by students

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