Fundamentals of Business Analytics Handout Final Apr23
Fundamentals of Business Analytics Handout Final Apr23
Fundamentals of Business Analytics Handout Final Apr23
CONTACT HOURS: 24
COURSE INSTRUCTORS: Dr. Srikanth (IC), Prof. K Durbha, Dr. Senthil, Dr.
Muruganandham, Prof. Kiran Koppada, Faculty 5
PROGRAM OUTCOMES:
1
COURSE PREREQUISITES:
The course is designed in such a way that students without any prior background in R Software of
Data coding can move through the course. However, students are expected to have a minimum of
numerical ability and basic descriptive statistics.
COURSE DESCRIPTION:
This course is an application-driven introduction to Business analytics. Every field of study and
area of business has been affected as people increasingly realize the value of the incredible
quantities of data being generated. But to extract value from those data, one needs to be trained in
the proper data analytics skills. The R programming language has become the de facto
programming language for data analytics. Its flexibility, powerful and expressive, which have
made it an invaluable tool for data analyst around the world. This course will introduce students
to this rapidly growing field and equip them with some of its basic principles and tools as well as
its general mindset. Students will learn concepts, techniques and tools they need to deal with
various facets of data analytics practice, including data collection and integration, exploratory data
analysis, predictive modeling, descriptive modeling, evaluation, and effective communication. The
focus in the treatment of these topics will be on breadth, rather than depth, and emphasis will be
placed on integration and synthesis of concepts and their application to solving problems.
COURSE OUTCOMES: On successful completion of the course, students shall be able to:
1) Define Business Analytics terms and skill sets needed to be an analyst [BT Level:
Knowledge]
2) Describe various concepts, tools and techniques used in Business Analytics today. [BT
Level: Comprehension]
3) Apply analytical tools and techniques to solve real world business problems [BT Level:
Application]
MAPPING OF C.O. WITH P.O. [Select only such P.O.s which are highlighted above and
mark H/M/L [Against each of the C.O. depending on degree of contribution of the C.O.to P.O.]
[H-HIGH , M- MODERATE, L-LOW]
CO # PO.02 PO.03 PO.05
1 H L M
2 M M H
3 M H H
2
COURSE CONTENT (SYLLABUS):
Module: 3: Business Analytics Tools and Techniques [10 Hrs] [Blooms level:
Application]
Overview and Industry Applications of Artificial Intelligence, Machine Learning, Deep Learning.
Summarizing data using descriptive statistics, correlation. Simple Supervised Learning
techniques: Linear (Simple and Multiple) Regression, Decision Trees. Unsupervised Learning:
Clustering using KMeans. Time Series Forecasting, ARIMA.
3
GUIDELINES TO STUDENTS:
Revising the relevant chapters at the completion of each module is imperative. Trying out a variety
of diagrams and solving numerical exercises relevant to the topic from online and offline sources
will be extremely helpful. All classes both theory and practicals will be held in Lab.
COURSE SCHEDULE:
SN ACTIVITY STARTING CONCLUDING TOTAL
DATE DATE PERIODS
1 Over View of the course TBA TBA 1
2 Module : 01 6
3 Module: 02 7
4 Assignment/activity/Guest Lecture/ 1
5 Module:03 9
6 Learning feedback, discussion Continuous
SCHEDULE OF INSTRUCTION:
SN Modules Topics CO Delivery Mode Reference
Introduction to Business Experiential Lab
Analytics, Objective & Types session T1 Chapter-
1 1
of Business Analytics 1.1
4
Experiential Lab R1 pg135&
Data types in R, Filtering, 2
9 session T3 & Code &
slicing sub setting of data
Data document
Exploratory Data Analytics: Experiential Lab R1 & Code &
10 2
Basics, Correlation session Data document
Summarizing data using 2
Experiential Lab R1 & Code &
11 session Data document
descriptive statistics
Data Visualization: Tabular Experiential Lab R1 & Code &
12 2
data, Line, Scatter plot session Data document
Data Visualization: bar plots, Experiential Lab R1 & Code &
13 2
pie charts, advanced session Data document
5
ASSESSMENT SCHEDULE:
S Conte Course Duration Mar Weig Tentativ
Assessment type
N nts outcome# In Hours ks htage e Dates
1 Quiz / Viva 1&2 1&2 30 mins 20 10%
Offline lab exercises on
given R code analysis for
2 skill development 2 2&3 1 hr each 20 10%
(Written report about
concepts)
Group Assignment
(Review of digital / e-
Resources from
Presidency University –
link given in references
3 2 2 2 hrs 50 25%
section [Mandatory to
submit screenshot
accessing digital
resource, otherwise it will
not be evaluated]
Attendance and Class All All Continuou
4 10 5%
Participation units outcomes s
Final Individual Project
Report based on
All All
5 Analytical Dataset (Code, 3 hrs 100 50%
units outcomes
Analysis, Interpretation
report incl concepts)
6
Target set for course Outcome attainment:
SN C.O.# Course Outcomes Target set for
attainment
01 CO1 Describe what Business Analytics is and the skill 60%
sets needed to be an analyst
02 CO2 Convert data to results by applying statistical tools to 70%
carry out data analysis
03 CO3 Employ the ‘critical thinking’ for real time business 60%
decision making