Description
Course Overview:
Data mining is the discovery of hidden information from historical data. With data mining, it is possible to better manage product warranties, predict purchases of retail stock, unearth fraud, determine credit risk, and define new products and services. This course introduces basic data mining technologies and their use for business intelligence. Students will learn how to analyze the business needs for knowledge discovery in order to create competitive advantages and to apply data mining technologies appropriately in order to realize their real business value. This course is suitable for MBA students with interests in IS, finance, marketing, operational management, and healthcare management.
Course Objectives:
- To have a good grasp of the basic theoretical elements of Data mining and their application business
- To understand the practical elements of Data mining and their applications in business
- To gain knowledge on analyzing business problem by applying suitable model
- To develop skills to apply the model for predictive analytical solution
- To Learn the decision-making constituencies in a business with the help of Data Mining
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