General

The Data Analytics course

Written by Kenechukwu Egbue · 1 min read >

The world as we know it is powered by data; data that is analysed to yield relevant information. Data Analytics is therefore simply the science of drawing meaningful inferences from sets of data. It is a concept that is described by one’s ability to derive actionable information from a given phenomenon. In making business decisions- investments, acquisitions, mergers, and so on, administrators and managers are set apart by their knowledge and skill set as it concerns the interpretation of data. The best decisions are informed by the extent to which its promoters are capable of understanding the available information.

Unlike many theoretical courses, the Data Analytics course is a packed quantitative course in partial fulfilment of the MBA programme at Lagos Business School. An increasingly relevant field, data analytics prepares MBA candidates with data-driven skills required to analyze and interpret data in a dynamic world. The overall essence is to help MBA candidates identify business trends and insights in such a way that produces strategic decisions.

To get a hang of this course, candidates will require a grasp of statistics, and programming as the course equips them to collect, treat and analyse data and most importantly, to present it to stakeholders in an appreciable manner. Basically, candidates can also employ the teachings from this course and the technical skills, to the analysis of the business problem- dealing with numbers. In furtherance, candidates learn to identify business criteria and harness data to measure progress or otherwise as well as the effectiveness of the strategies employed.

The Data Analytics course also prepares candidates to launch careers in healthcare, technology and finance among others. It is noteworthy that candidates who eventually serve as data analysts actually function in managerial roles where data interpretation, and results-oriented decisions are king.

Summarily, Data Analytics prepares a solid foundation for candidates to be able to lay claim to the Master of Business administration title; creating high value graduates ready to not only succeed in the business world but impact it very significantly.

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