I have always thought of Data Analytics as a new course that has evolved because of the various disruptions going on in our different professional engagements. My Managing Director once said, Data is the new oil that is required for organizations to achieve enviable success in their corporate goals. This stuck with me and has always given me a perspective that Organizations are not paying to a gold mine of data where in lies the key to great business exploits once it can be unlocked. The day I realised that Data Analytics was one of the courses I will be offering in this first session on the program, I quickly connected to my existing perspective of Data Analytics and looked forward to the course. I was certain in my heart I will be able to instantly connect with the course outline and contents based on my assumption that it will be similar to what I understood from my professional engagements.
Data analytics class was my second class in the program and is handled by Professor Bongo Adi, a seasoned senior lecturer with the Lagos Business School and a resource with a number of international organizations. I settled down for the class expecting to hear things around data gathering and sieving but lo and behold, he mentioned statistics which was a course I had dreaded in my school days. I didn’t do well in that course due to my hatred for the Teacher who handled that subject in secondary school and that affected subsequent statistic courses at my university days. I felt disappointed as it appeared things were not falling in the direction that I wanted. I heard things like probability, variables, mean, median e.t.c which was the least words I wanted to hear. That faithful day, Professor lectured us and I could hardly pick out anything form the class because I had a mindset. Even when simple examples were solved in class, it appeared I do not know it because my mind kept saying so. My first class was a disaster as I left there worse than I started feeling like I had failed the course even before writing the examinations.
As I retired to my bed that night, my mind kept musing on what transpired in class and if I should just take a walk from the program as I was not sure what the future holds for me. After deep thoughts, I decided to have a change in basic assumptions for this course and have since adopted a few ideas to deal with this. These ideas have been working as I look forward to passing the course with a clear distinction.
FINANCIAL STATEMENTS – WHY DO WE NEED THEM?