Instructor for this course
more

This course introduces advanced analytics and the business value it can add. It begins by introducing data mining, predictive analytics and machine learning in the context of the overall analytic landscape. The challenges of adopting advanced analytics and the role of a focus on improving decision-making are explored. The focus on decision-making is extended to discuss the differences between decision support and decision management or automation.

This decision-centric framework can be used to find business opportunities for advanced analytics. This course will allow business professionals to make the case for, and frame the successful use of, advanced analytics in their business operations.

Learning Objectives

  • Define data mining, predictive analytics, machine learning and related terms.
  • Identify challenges (and mitigations) in successful adoption of predictive analytics.
  • Recognize the value of predictive analytics in terms of improved decision-making.
  • Differentiate between decision support and decision management.
  • Identify opportunities for predictive analytics in business operations.
Last updated/reviewed: March 03, 2018

5 Reviews (21 ratings)Reviews

5
Member's Profile
Good overview of a complex subject presented in a clear, easy to follow way. It would be even better with real world examples.
5
Member's Profile
The course provided a good review of analytics and how best to use in your organization to improve decisions. Great course.
5
Anonymous Author
Strong speaker, great content, informative and insightful. Engaging presentation, looking forward to more.
5
Member's Profile
Great insights. Quick course that offers some real world tangible ideas.
4
Member's Profile
Well presented overview by instructorod overview and intro

Prerequisites

Course Complexity: Advanced

Prerequisite: Previous experience in finance

 

Advanced Preparation: None

 

Education Provider Information

Company:
Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact:
For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .

1 QuestionCourse Questions and Answers

User picture

This has been a great presentation. Interesting insights on best uses of predictive analytics.

Course Syllabus
INTRODUCTION AND OVERVIEW
Business Opportunities for Advanced Analytics
  9:13Introducing Predictive Analytics
  6:59Predictive Analytics Challenges
  11:27Decision Support, Decision Management
  8:38Different Kinds of Decisions
  18:36Operational Decisions
  9:12Opportunities for Predictive Analytics
CONCLUSION
  12:04Decision Discovery
SUPPORTING MATERIALS
  PDFSlides: Finding Business Opportunities for Advanced Analytics
  PDFFinding Business Opportunities for Advanced Analytics Glossary/Index
REVIEW & TEST
  quizREVIEW QUESTIONS
 examFINAL EXAM