Predictive, Prescriptive Analytics for Business Decision Making

LEARN HOW TO BUILD PREDICTIVE AND PRESCRIPTIVE MODELS USING NUMERICAL DATA

Foster and hone financial expertise to manage strategic business units

Key Highlights

Course Length

5 weeks

100% Online

With Continuous Learning Community support + Monthly Live Webinars

Effort

6 Hours/Week

Learning Access

Resource Toolkit & Templates + Unlimited Networking Events

Amazing course for even beginners in the field of Predictive analytics. Highly recommend to do this course for enhancing the analytical skills. Examples and case studies explain the concepts very well.

Suresh M
Informatica

I have learned a lot from the course. Many interesting topics that help me to understand this field of Analytics. This course has generated more interest for me to continue learning more in this specialization

Rahul A
Mindworks

What will you Learn?

  • Understand the difference between Cross sectional and Longitudinal data.
  • Differentiate between a prediction and forecasting problem scenario and apply these concepts towards data led decision making.
  • Understand Parametric and Non Parametric modelling approach towards addressing the key tradeoff between Predictive accuracy and Explain- ability of models.
  • Use LPP towards building multiple “What if “ scenarios which are widely used in business decision making.
  • Conceptualize Gradient Descent Algorithm which is a key foundation for most of the widely used Machine learning algorithms to be introduced subsequently.

Top skills you will learn

  • Develop predictive and prescriptive models using numerical data
  • Time-series Forecasting
  • Optimization through Linear Programming
  • Gradient Descent and it’s applicability in Machine Learning
  • Framework towards business decisions

Course Curriculum

Ideal For

1 – 8 yrs work experience.- Engineering, Math/Statistics/Programming background preferred
Typical roles: Domain experts, Engineers, Software and IT Professionals, Project
Managers, Business Analysts, Consultants, Entrepreneurs.

Engineers with over 5 years of experience

Common Scenarios to Enroll

Data-Centric Mindset
Data-Centric MindsetYou need to make informed decisions by collaborating with teams who analyze data to obtain the best information and derive best insights possible
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Innovation Driver
Innovation DriverRecognizing the importance of innovation at work, you want to learn how to generate ideas and drive their execution
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34% of the firms that were top in class in using analytics got about 6% more profitability and were about 5% more productive

Source: Harvard Business Review

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