This course prepares students to understand business analytics and become leaders in these areas in business organizations. Today, businesses, consumers, and societies leave behind massive amounts of data as a by-product of their activities. Leading-edge companies in every industry are using analytics to replace intuition and guesswork in their decision-making. As a result, managers are collecting and analyzing enormous data sets to discover new patterns and insights and running controlled experiments to test hypotheses.
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This course prepares students to understand business analytics and become leaders in these areas in business organizations. This course teaches the scientific process of transforming data into insights for making better business decisions. It covers the methodologies, issues, and challenges related to analyzing business data. It will illustrate the processes of analytics by allowing students to apply business analytics algorithms and methodologies to business problems. The use of examples places business analytics techniques in context and teaches students how to avoid the common pitfalls, emphasizing the importance of applying proper business analytics techniques.
This course is part of the Analytics: Essential Tools and Methods MicroMasters.
What you'll learn:
After taking this course, students should be able to:
- approach business problems data-analytically. Students should be able to think carefully and systematically about whether and how data and business analytics can improve business performance.
- develop business analytics ideas, analyze data using business analytics software, and generate business insights.
Prerequisites
CSE6040x - Computing for Data Analysis, ISYE6501x - Introduction to Analytics Modeling, and each of their prerequisites
