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Business Analytics and Intelligence 

  • Workload : Workload 2019-20 (Semester-I)

  • Why to Study BAI : Business Analytics focuses on how to use data and models to make better business decisions.  Data Science uses many similar tools (e.g. machine learning) but the set of questions they seek to answer are often different.  We can think of business analytics as ‘data science for business. 

    • The Amount of data that companies collect gets bigger and bigger

    • Businesses don’t always know how to use the data 

    • A Company’s Future Relies on Its Business Analytics

    • Business Analytics Has Excellent Job Prospects

  • Prerequisite:

Fundamentals of Database Management System. 

Reference : https://youtu.be/8e-wgQnsFxE

Fundamentals of Discrete mathematics.

  • Course Outcome:​

  

  • Design Decision support systems for generating innovative business solutions.

  • Evaluate business processes with business intelligence (Understand the competitive landscape of BI platforms, OLAP, OLTP).

  • Describe the impact of information visualization and dashboards on business intelligence.

  • Illustrate the use of BI for Business Performance Management (BPM) to capture organizational intelligence.

  • Employ Business Intelligence in various business areas.

  • Evaluate the success of Business Intelligence using Maturity model.

 

  • NPTEL Videos: â€‹

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  • ​​Analytics for Decision Making Support. Prof. Deepu Philip , IIT Kanpur 

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  • ​​Decision Needs and Analytics. Prof. Deepu Philip , IIT Kanpur 

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