FDP at Pacific:Data Analytics Important for Business Growth

The one week Faculty Development Programme on the contemporary relevant subject ‘Business Data Analytics’ organized by the faculty of development of Pacific University concluded successfully. A total of 28 faculty members from different states participated in the programme.

According to Professor Mahima Birla, Dean-Faculty of Management, Pacific University, the University frequently organizes different programmes, seminars and workshops on relevant topics. This one week workshop was organized in the same series in order to provide an opportunity to faculty members to update themselves with the advancements in the field of Business Data Analytics.

Programme co-ordinator Dr. Nidhi Nalwaya informed that during the workshop spread over an entire week, several sessions were organized on different topics in which comprehensive knowledge was given by the subject experts to the participants. In the first session Prof Ankita Bhargav dealt in length about Big Data Evolution, Types of Data, the 3 ‘V’ of data- Volume, Velocity and Variety etc.

In the second session, Prof. Pushpkant Shakdwipee talked about statistical techniques using SPSS, Correlations and Regression.  The third session was on Business Forecasting Techniques using excel which was conducted by Prof. K.K. Dave. He explained Central Average and Seasonal and Morning Average.

The fourth session was conducted by Mr. Kaustubh Bhattacharya, COO, Udaipur Chamber of Commerce & Industry. He gave insights into Systems Implementation, Data-ops, DataScience, Data Mining and trends using Data Science for stock trading. In the next session, Dr. Shivoham Singh explained several Excel tools using cases and business problems which included V-look up and Optimization Techniques.

Another session was held on ‘R’ the statistical programming software. In this session Prof Ankita Bhargav introduced ‘R’ and modeling with ‘R’. She also explained in detail about TABLEAU- the software used for graphical representation in the subsequent session. Another session was  on Financial case studies which was conducted by Prof. K.K. Dave. The last session was on Data Mining and Predictive Analysis. This was conducted by the widely travelled and experienced Prof. Prasoon Chakravarty from Vadodara.

In the valedictory ceremony, the participants shared their experiences. They expressed happiness over the outcome of the workshop which was, according to them, extremely useful. They were highly satisfied with the knowledge they had gained during the week long programme.