In this workshop you will learn internal consultancy skills such as how to extract actionable insights from data sets, optimise business processes, and drive organisational success in today's data-driven landscape.
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Description
This intensive training program delves into the realm of business analytics, equipping participants with the knowledge and skills needed to harness the power of data for strategic decision-making. Through a combination of theoretical insights, hands-on exercises, and real-world case studies, participants will learn how to extract actionable insights from data sets, optimise business processes, and drive organisational success in today's data-driven landscape.
Course Objectives
On completion of this training, attendees will be able to:
- Understand Business Analytics Fundamentals
- Define the role and significance of business analytics in modern organisations
- Explore different types of data analytics and their applications in business contexts
- Data Collection and Preparation
- Learn techniques for collecting, cleaning, and organising data
- Understand data preprocessing methods to ensure data quality and integrity
- Exploratory Data Analysis (EDA)
- Conduct descriptive analytics to uncover patterns and trends in data
- Utilise visualisation tools to communicate insights effectively
- Predictive Analytics and Modelling
- Apply statistical and machine learning techniques to predict future outcomes
- Develop predictive models to support decision-making processes
- Optimisation and Decision Making
- Implement optimisation techniques to improve business processes and resource allocation
- Utilise data-driven insights to make strategic decisions and drive organisational performance
- Ethical and Legal Considerations in Business Analytics
- Understand ethical principles and legal frameworks governing data usage and privacy
- Ensure compliance with regulations and ethical guidelines in business analytics practices
Course Outline
Introduction to Business Analytics
- Definitions and concepts
- Role of business analytics in decision-making
Data Collection and Preparation
- Data sources and collection methods
- Data cleaning and preprocessing techniques
Exploratory Data Analysis (EDA)
- Descriptive statistics and data visualisation
- Exploring patterns and relationships in data
Predictive Analytics and Modelling
- Regression analysis and machine learning algorithms
- Building predictive models and assessing model performance
Optimisation Techniques
- Linear programming and optimisation algorithms
- Applications in resource allocation and process improvement
Ethical and Legal Considerations
- Data privacy regulations and compliance
- Ethical dilemmas in business analytics and decision-making
How certification is earned
Upon successful completion of this course, you will be awarded a certificate of attendance from Expleo Academy.
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Prerequisites
There are no specific prerequisites for this course.
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Who should attend
This program is designed for professionals across industries who seek to enhance their proficiency in business analytics and leverage data-driven insights to make informed decisions. It is ideal for managers, analysts, consultants, and executives involved in strategic planning, marketing, operations, finance, or any role where data plays a critical role in decision-making processes.
