Presentation is loading. Please wait.

Presentation is loading. Please wait.

Experiences with Introducing or Expanding Analytics Offerings Data, Analytics, and Statistics Instruction DSI 2016 Austin, TX Kellie Keeling Department.

Similar presentations


Presentation on theme: "Experiences with Introducing or Expanding Analytics Offerings Data, Analytics, and Statistics Instruction DSI 2016 Austin, TX Kellie Keeling Department."— Presentation transcript:

1 Experiences with Introducing or Expanding Analytics Offerings Data, Analytics, and Statistics Instruction DSI 2016 Austin, TX Kellie Keeling Department of Business Information & Analytics University of Denver (DU) November 20, 2016

2 Outline Experiences with first Graduating Class for Business Analytics Major/Minor Curriculum Placement MS Business Analytics Continuing Discussions

3 Our Department Business Information & Analytics
Combination of Former Departments Statistics & Operations Technology Information Technology & Electronic Commerce Quarter System (4-hour 10-week classes) Faculty (Statistics, Management Science, IS, Industrial Engineering, Applied Math, Educational Technology) Hiring 1 More Teaching/Practice Tenure Track 2 Full Prof of Practice 1 Full Prof 1 Associate Teaching Prof 3 Associate Profs 3 Assistant Teaching Prof 5 Assistant Profs CLICK - Hiring

4 Business CORE Analytics I: Data Management and Analysis
Ethics, privacy, and security issues Descriptive & visual summaries & Excel optimization Gathering data, "database" terminology, pivot summaries Excel Certification Analytics II: Business Statistics and Analysis Traditional business statistics (Probability, Distributions, Hypothesis Testing, ANOVA, Goodness of Fit/Independence) Communicating results including basic data visualization (Posters) Word & Powerpoint Certification Analytics III: Business Modeling and Analysis Regression Time series forecasting Simulation Intro to Data Mining (Trying Cluster, Logistic with XL Miner/JMP) Communicating results – 4 projects Analytics I Principal Content Elements (i.e., modules): Data – Sources and Value Introduction to Analytics and Business Intelligence Analytics Systems and Software Emerging Trends in Data Analysis and Analytics Prerequisites: None Learning Outcomes: Develop the ability to obtain, generate, and manage a database with the purpose of supporting a business decision. Apply visual and descriptive data analysis techniques to the decision-making process. Understand how businesses use traditional and emerging technologies to manage data, including considering the issues of ethics, security, and privacy. Develop the presentation techniques that allow data analysis to be transformed into business intelligence for decision makers. Begin to develop the critical thinking and problem solving skills necessary to produce a business decision or recommendation form a data set. Analytics II Probability Sampling Hypothesis Testing Multiple Regression Prerequisites: BIA 1010, MATC 1200 or MATH 1951, MS Excel certification Understand the tenets of probability and statistics as they apply to business decisions. Apply sampling and statistical inference to business applications such as data analysis, quality control, risk analysis, and confidence in decision making. Employ statistically-supportable modeling techniques that use data to predict and explain interactions and outcomes that affect business decisions, with emphasis on multiple regression. Communicate the results of modeling and analysis to a decision maker in a way that enhances the decision-making process. Conitnue to develop the critical thinking and problem solving skills necessary to produce a business decision from a data set. Analytics III Time series forecasting Optimization Simulation Project management Prerequisites: BIA 1020, MS Word and PowerPoint certification, DCB2 checkpoint Construct appropriate quantitative models for a variety of business problems using a spreadsheet environment. Apply quantitative techniques and spreadsheet tools to derive a set of conclusions from these models. Evaluate conclusions and perform what-if analysis to gain insights about the business problem. Analyze and interpret conclusions and insights, and communicate this intelligence to decision makers using appropriate data visualization, reporting, and presentation techniques. Continue to develop the critical thinking and problem solving skills necessary to produce a business decision or recommendation from a data set.

5 MINOR + 2 Electives Click for Minor

6 Analytics Major – 11 4-hr Courses
AUTOMATED BUSINESS PROCESSES Programming Style and Logic, Basic Programming Structures (VBA&VB) FOUNDATIONS OF INFORMATION MANAGEMENT Database fundamentals, Data modeling and normalization, Database creation and SQL (Access) ENTERPRISE INFORMATION MANAGEMENT Enterprise database design and modeling, Advanced queries, Database triggers, functions, and procedures, Windows application development (SQL SERVER) DATA WAREHOUSING AND BUSINESS INTELLIGENCE Data warehouse components and construction, Extraction, transforming, and loading (ETL) and data cleansing, Decision Trees and Association Rules Skip through these 2– just for completeness

7 Analytics Major - Courses
OPTIMIZATION MODELING Spreadsheet Model Design, Optimization and Linear Programming, Real World Problem Solving DATA MINING AND VISUALIZATION Descriptive analytics: Data visualization, Dashboards/scorecards, Time Series Analysis, Regression and Survival Analysis COMPLEX DATA ANALYTICS Text Mining and Social Network Analysis PROJECT MANAGEMENT AND SIMULATION Plan projects with flexibility in scope, timeframe, and resources, Critical Chain Approach, Probability distributions versus point estimates, Monte Carlo Simulation Modeling (Excel) Directions here: Red Color Value: R=150, G=35, B=47

8 Analytics Major - Courses
CAPSTONE/SENIOR PROJECT Partner Company project Spring 16: RTD: Public Bus System Spring 17: RideFare (new Uber/Lyft competitor) Began with Individual work – then group work Other Focus: Communication/Visualization/Presentation Reproducible Research/Documenting/Journaling Talk about this

9 Analytics Major - Courses
PICK TWO ELECTIVES Statistical Computing (SAS/R Scripting) Database Driven Websites Nonparametric Statistics Internship Python for Data Analytics (??? Graduate Class)

10

11 MS Business Analytics PROGRAMMING (Python) Basic logic and design, data management and statistical analysis DECISION PROCESSES Decisions (framing, trees, matrix, payback), simulation & sensitivity analysis, dashboards part 2 INTRODUCTION TO BUSINESS ANALYTICS Intro to data, data warehousing, data marts, advanced analytic techniques, decision making and organizational dynamics and leadership (EDR, Tableau) Skip through these 4

12 MS Business Analytics BUSINESS STATISTICS Statistical inference, regression, ANOVA, categorical data, goodness of fit (Excel) PREDICTIVE ANALYTICS Multiple regression/GLM, Logistic regression, CART, kNN classification, time series, text mining (SPSS Modeler, Python) DATA MINING AND VISUALIZATION ANOVA, MANOVA, ANCOVA, cluster analysis, association rules, PCA/FA, survey analysis, SEM, HLM, dashboards/scorecards, data visualization (JMP, Tableau, HLM)

13 MS Business Analytics OPTIMIZATION Optimization (Excel Solver and Lingo) PROJECT MANAGEMENT Budgeting, uncertainty, PERT/CPM, risk; simulation using Crystal Ball, and Simulation (in Excel) ELECTIVES - 2 courses (SAS/R Scripting, 1 Other)

14 MS Business Analytics BUSINESS DATABASES Database design, SQL (SQL Server) DATA WAREHOUSING Requirements, realities, and architecture; building and populating data bases, developing BI applications, Powerpivot, SW/BI system, deploy and manage CAPSTONE PLANNING and CAPSTONE “Consulting” overview, see capstone proposals and pick project, quarter-long project

15 Enrollments MS Business Analytics
2013 7, , , , Undergraduates Spring 14 Graduates 6 statistics majors / 1 information technology major 4 statistics minors Spring 15 Graduates 16 statistics / 1 information technology major 9 statistics minors Spring 16 Graduate Estimates 4 statistics/information technology majors 21 BA majors 20 BA/statistics minors Spring 17 Graduate Estimates 32 BA Majors + 1 STAT major Summer 13--7 Winter 14--7 Summer 14—9 Winter Summer 15—14 Winter Summer 2016 – 31 FALL 2016 Numbers BA Majors: 25 Fresh, 30 Soph, 34 Junior, 32 Seniors (+1 STAT Major) BA Minors: STAT 12, BANA 39 MSBA Fall: 6? Winter: 17? Spring: 6? Summer: 20? Should be around 50.  Maybe closer to 45.

16 Enrollments Fresh: 25 Soph: 30 Junior: 34 Minors: STAT: 12 BANA: 39
Click – box future

17 Enrollments Winter 2017 Undergraduates – increasing required first 2 courses and required 2 courses for minor from 2 to 3 sections INFO 3100 VBA/VB – 3 sections (78) INFO 3200 Database – 3 sections (65)

18 Enrollments

19

20

21

22 Job Placement (21 2016 Grads) 2 No Jobs 1 Not Looking 1 unknown
Willis Towers Watson: Actuarial Analyst (Health and Benefits) KPMG: Associate in Tax Technology Transformation Northern Trust Bank: Financial Analysis Rotations Goldman Sachs: Public Sector/Infrastructure Investment Banking Analyst Amazon: Business Analyst 2 Motivity Solutions: Business Analyst DataLab: Business Analyst 2 Arrow Electronics: Data Analyst & Big Data Analyst Turbine Labs: Principal EKS&H: Staff Consultant EKS&H: Data Integration Consultant Conatngo Technologies: IT Analyst Boeing: IT Career Rotations Dish Network: Marketing Analyst Comedy works/Grad School: Business Affair intern 2 No Jobs 1 Not Looking 1 unknown

23 Continuing Discussions
BA Undergraduate Major Student Suggestions: Add coding: JAVA/C/C# and statistical coding: R/Python/SAS, more elective choices Project Management/Sim: issues with course – add simulation Data: Moore data warehousing, non-relational databases Required reading: Signal and the Noise watch for overlap of material

24 Continuing Discussions
BA Undergraduate Major Professor Suggestions: Disturbing mind map of program More translation to non-statistical stakeholders Fix Project Management, Data Warehousing/BI (was DW/Data Mining) and Data Mining/Viz (was Forecasting/Viz) Challenging, Critical Thinking & Problem Solving List of positives: Helpful enthusiastic professors overall Good start with VBA, like database sequence, SQL, VB, data visualization Next Page Mind Maps

25 Continuing Discussions
Mind Maps for Undergraduate Courses: Some put 3 CORE outside of INFO courses None integrated business classes A couple grouped Business: 'Financial/Accounting', 'Pretty Good', 'Totally worthless classes' (MGMT,MKTG!!!) Groupings: Coding, Modeling, Visualization, Other (Project Management!) Data Storage/Query, Data Interpretation, Data Visualization Point here: We should create these groupings for the students

26 Continuing Discussions
MS in Business Analytics: Removed 2 required Business Courses for all MS programs (Essence of Enterprise/Ethic) Need to add 'business' back Require R (or SAS/R)???? Combine Business Processes & Project Management into one class??? Add more electives if want to stay in department

27 Thank you Kellie Keeling University of Denver


Download ppt "Experiences with Introducing or Expanding Analytics Offerings Data, Analytics, and Statistics Instruction DSI 2016 Austin, TX Kellie Keeling Department."

Similar presentations


Ads by Google