Information Package

Program of Insurance

TBS327

BUSINESS ANALYTICS

Course Code
TBS327
Semester
-
Theory+Practice
3 + 0
ECTS
5
Course TypeElective Course
Course LevelBachelor's Degree
Year of Study-
Semester-
ECTS5
Name of Lecturer(s) -
Learning Outcomes

At the end of this course, the students;

  1. Define critical decision problems for businesses.
  2. Learn analytical tools such as data processing, data visualization, forecasting, and optimization required to analyze and solve business problems.
  3. Organize data, create tables and graphs using Excel.
  4. Develop forecasting models using Excel.
  5. Will be able to solve optimization problems using Excel at an advanced level.
  6. Will be able to evaluate how companies can improve increasingly complex decision-making processes and enhance business performance.
Mode of DeliveryFace to face
PrerequisitesNo
Recommended Optional Programme ComponentsNone
Course DescriptionBusiness analytics is the process of converting data into meaningful information through analysis and forecasting methods for corporate decision-making and problem-solving. This course involves processes that enable decision-makers to make data-driven and analytical decisions using information technologies, statistical analysis, and mathematical models.
Course Contents
WEEK TOPICS
1st Week Introduction to business analytics
2nd Week Descriptive analytics: visualizing and exploring data
3rd Week Descriptive analytics: descriptive statistical measures
4th Week Descriptive analytics: sampling and estimation
5th Week Applications of descriptive analytics with Excel
6th Week Simple linear regression analysis
7th Week Multiple linear regression analysis
8th Week Midterm exam
9th Week Applications of predictive analytics with Excel
10th Week Prescriptive analytics: linear optimization
11th Week Applications of linear optimization in predictive analytics
12th Week Integer optimization in predictive analytics
13th Week Applications of optimization with Excel
14th Week Problem solving
Recommended or Required ReadingEvans, J. (2016). Business analytics: Methods, models, and decisions (2nd ed.). Pearson/Prentice-Hall.
Planned Learning Activities and Teaching Methods
  • Lecture
  • Questions/Answers
Assessment Methods and Criteria
Quantity Percentage (%)
Mid-term 1 40
Total(%) 40
Contribution of In-term Studies to Overall Grade(%) 40
Contribution of Final Examination to Overall Grade(%) 60
Total(%) 100
ECTS Allocated Based on Student Workload
Activities Quantity Duration (Hour) Total Workload (Hour)
Midterm exam 1 1 1
Preparation for Quiz
Individual or group work 13 2 26
Preparation for Final exam 1 30 30
Course hours 14 3 42
Preparation for Midterm exam 1 15 15
Laboratory (including preparation)
Final exam 1 1 1
Homework
Project 1 30 30
Total Work Load145
Total Work Load / 30 (h)4.83
ECTS Credit of the Course5
Language of InstructionTurkish
Work Placement(s)No
LO1 LO2 LO3 LO4 LO5 LO6
K1 X X
K2
K3 X X
K4
K5 X X X X X X
K6 X X X X
K7
K8
K9 X X X X
K10
K11