Business Analytics for Data-Driven Decision Making
This course provides an introduction to the fundamentals of business analytics and data-driven decision making. It covers topics such as predictive modeling and machine learning, how to manage analytical processes successfully and use the results as the foundation for making educated, evidence-based decisions, and how businesses can leverage analytics as a foundation for value creation. Students will gain an understanding of the tools and techniques used to analyze data and make informed decisions. They will also learn how to interpret and communicate the results of their analysis to stakeholders. ▼
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Course Feature
Cost:
Free
Provider:
Edx
Certificate:
No Information
Language:
English
Start Date:
Self Paced
Course Overview
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Updated in [May 17th, 2023]
This course, Business Analytics for Data-Driven Decision Making, provides an overview of the key concepts and technologies related to analytics and data-driven decision making. Participants will learn how to manage analytical processes successfully and use the results as the foundation for making educated, evidence-based decisions. The course will also explore how businesses can leverage analytics as a foundation for value creation. Topics covered include predictive modeling, machine learning, and other key analytic technologies and methodologies. Participants will gain an understanding of how to use analytics to make better decisions and create value for their organization.
[Applications]
The application of this course can be seen in many areas of business. It can help managers make better decisions by providing them with predictive models and machine learning techniques. It can also help businesses leverage analytics as a foundation for value creation. Additionally, it can provide guidance on how to manage analytical processes successfully and use the results as the foundation for making educated, evidence-based decisions. Finally, it can help businesses understand the importance of data-driven decision making and how to use it to their advantage.
[Career Paths]
1. Business Analyst: Business Analysts are responsible for analyzing data and developing insights to help inform business decisions. They use a variety of tools and techniques to identify trends, patterns, and correlations in data. They also develop models and simulations to help predict future outcomes. Business Analysts are in high demand as organizations increasingly rely on data-driven decision making.
2. Data Scientist: Data Scientists are responsible for collecting, analyzing, and interpreting large amounts of data. They use a variety of techniques, such as machine learning and predictive analytics, to uncover insights and develop models that can be used to make decisions. Data Scientists are in high demand as organizations increasingly rely on data-driven decision making.
3. Data Engineer: Data Engineers are responsible for designing, building, and maintaining data pipelines and systems. They use a variety of technologies, such as Hadoop and Spark, to process and store large amounts of data. Data Engineers are in high demand as organizations increasingly rely on data-driven decision making.
4. Machine Learning Engineer: Machine Learning Engineers are responsible for developing and deploying machine learning models. They use a variety of techniques, such as deep learning and reinforcement learning, to develop models that can be used to make decisions. Machine Learning Engineers are in high demand as organizations increasingly rely on data-driven decision making.
[Education Paths]
1. Bachelor of Science in Business Analytics: This degree program focuses on the application of data-driven decision making in business. It covers topics such as data mining, predictive analytics, and machine learning. Students learn how to use data to identify trends, develop strategies, and make informed decisions. This degree is becoming increasingly popular as businesses recognize the value of data-driven decision making.
2. Master of Science in Business Analytics: This degree program builds on the foundational knowledge gained in a Bachelor of Science in Business Analytics. It focuses on advanced topics such as data visualization, artificial intelligence, and natural language processing. Students learn how to use analytics to create value for their organization. This degree is becoming increasingly popular as businesses recognize the need for data-driven decision making.
3. Doctor of Philosophy in Business Analytics: This degree program focuses on the research and development of data-driven decision making. It covers topics such as data mining, predictive analytics, and machine learning. Students learn how to use data to identify trends, develop strategies, and make informed decisions. This degree is becoming increasingly popular as businesses recognize the value of data-driven decision making.
4. Master of Business Administration in Business Analytics: This degree program focuses on the application of data-driven decision making in business. It covers topics such as data mining, predictive analytics, and machine learning. Students learn how to use data to identify trends, develop strategies, and make informed decisions. This degree is becoming increasingly popular as businesses recognize the need for data-driven decision making.
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