Date – 08 Sept 2019
Time: 2:00 pm
Venue: Dr. D.Y. Patil B-School College Campus
Objectives:
- To Investigate data to establish new relationships and patterns.
- Understand and explore problems in business.
- Use analytics to solve business problems.
Participants Details:
50+ participants including students and faculties.
This Corporate talk series or the guest lecture guides student on Business Analytical review the guest guides the student with some basic knowledge related to analytics as they said Business analytics is a powerful tool in today’s marketplace that can be used to make decisions and craft business strategies. Business analytics is the process of using quantitative methods to derive meaning from data to make informed business decisions.
They also give knowledge on primary methods of Business analytics which include Descriptive: The interpretation of historical data to identify trends and patterns.
- Diagnostic
- Predictive
- Prescriptive
- Descriptive
These four types of business analytics methods can be used individually or in tandem to analyse past efforts and improve future business performance.
Key outcome of the activity:
The guest lecture taught the students about the importance of Business analytics and how it is important in one’s life. As it improved operational efficiency.