Business Analytics: Decision Making through Excel (Synchronous e-learning)

We are now in the era of big data. Companies are able to collect a tremendous amount of data, very often more than necessary, with ease at an inexpensive cost. “Information is Power” is no longer valid if companies are not able to make correct decisions timely on the basis of the data on hand. The use of Business Analytics for modeling and decision making represents the future of best practices for tomorrow’s companies. This course prepares participants with fundamental theory and skills to capture business insights from data for decision making using Excel Spreadsheets. Practical examples and cases with data are used to stimulate participants’ interest and foster their understanding of the use of Business Analytics in management and business. Quantitative models and tools such as Decision Analysis, Simulation Modeling and Optimization are covered to demonstrate the use of scientific methods in business decision making.