Download as PPTX, PDF, TXT or read online from Scribd
Download as pptx, pdf, or txt
You are on page 1of 9
Business Analytics
with special focus on Marketing
Introduction to Course
Dilip Thosar Business Analytics Slide no. 1
November 17, 2019 Introduction 2019 Learning Objectives • To equip students to critically evaluate business situations to model and analyze business data for decision making through mathematical / statistical techniques and methods. • To enable students to synthesize concepts of Business Analytics with special focus on Marketing applications. • To enable students to communicate analytics insights to business for action.
Dilip Thosar Business Analytics Slide no. 2
November 17, 2019 Introduction 2019 Pedagogy • Lectures with Powerpoint presentations • Case studies using Python with datasets • Presentations by groups on case study or topic discussed in previous class
Dilip Thosar Business Analytics Slide no. 3
November 17, 2019 Introduction 2019 Agenda • Introduction to Business Analytics (4.5 hours) – Introduction to Business Analytics and role of an MBA – History, Context and Importance of Business Analytics – Introduction to Data Science, Big Data, AI, ML and DL • Basic Statistics and Math Modelling (4.5 hours) – Mathematical Modelling of a business situation – Concept of Probability and Distributions, Central Tendencies and Spreads in Data, Hypothesis testing, significance and Risk-acceptance levels, Alpha and Beta Error levels, Goodness of models, Learning systems – Data Cleaning – Introduction to AI, ML, DL test/train Dilip Thosar Business Analytics Slide no. 4 November 17, 2019 Introduction 2019 Agenda contd. • Technologies for Business Analytics (4.5 Hours) –Cloud services AWS, BA Model Repositories (github) –Dataset sources (IOT, ERP, Social Media, published, government) –Programming frameworks (Spyder, Anaconda), Languages (Python), Most-useful Python packages –Statistics: R/ SPSS/ Python pandas package –Visualization tools : Tableau, Python Matplotlib/ Seaborn/plotly, MS Excel graphics
Dilip Thosar Business Analytics Slide no. 5
November 17, 2019 Introduction 2019 Agenda contd. • Most Frequently used BA Algorithms (16.5 Hours) –The BA team and roles: Statistician, Domain expert, Math Modeller, Data Scientist, Programmer, Business Manager –Data Cleaning –Regression : Linear, Stepwise –Classification Supervised: Cluster analysis –Classification Unsupervised : Logistic Regression, Anomaly Detection –K-means Clustering (Segmentation) –Sentiment Analysis: Twitter Dilip Thosar Business Analytics Slide no. 6 November 17, 2019 Introduction 2019 Agenda contd. • Business Application Use Cases (7.5 Hours) – Explainable AI: Decision Tree Model – Customer feedback using Loyalty programs – Customer interface using Chatbots – Demand Forecasting – Market Basket Analysis – Social Media Sentiment Analytics – Segmentation by k means clustering – Customer Acquisition promotion scheme – Cross-selling and Upselling on a web marketplace – Loyal Customer Harvesting Schemes
Dilip Thosar Business Analytics Slide no. 7
November 17, 2019 Introduction 2019 Agenda contd. • PRESENTATIONS BY STUDENTS (4.5 hours) • Topics: –Regression –Classification –Sentiment Analysis –The Amazon Landing Page –Fraud Detection using BA
Dilip Thosar Business Analytics Slide no. 8
November 17, 2019 Introduction 2019 Classroom Interaction Hours Totals • 30 Hours Classroom Teaching • 7.5 Hours Case Study based teaching • 4.5 Hours Presentation by Students • 1.5 Hours Internal Test • 1.5 Hours Assignment (Classroom)
2018 - Amidoamine - Synthesis, Disparity in Cure With Epoxy Resins Between Bulk and Solvent Systems, and Structure-Property Relationships of Its Epoxy-Based Coatings