The 6 Days FDP on Big Data and Business Analytics was conducted from 9 October to 14 October at Lloyd Business School. There were more than 50 participants from across the country including the Guest Speakers, Professors, Research Scholars and Students. A brief report of the same is presented below: -
DAY 01: APPLICATION OF STATISTICS IN BUSINESS DECISION MAKING & CREDIT RISK ASSESSMENT USING SPSS. October 9, 2023 the workshop on Big Data & Business Analytics, a 6-day Faculty Development Program started at Lloyd Business School. Dr. Fehmina Khalique (Professor LBS), the workshop convener, gave the program's opening comments and introduction to the workshop. Dr. Vandana Arora Sethi (Chief Strategy Officer, Lloyd Group of Institutions), presented the welcome address to the participants and guests. The Resource person Dr. Balamurugan Balusamy took the session on decision-making and discussed the importance of using data and statistics to make informed business decisions. He also took a session on Credit risk assessment which is a critical process for financial institutions to make informed lending decisions. He emphasised that Predictive analytics, powered by tools like Microsoft Excel and VBA, can enhance the accuracy and efficiency
DAY 02: DBMS & RDBMS FOR FUNCTIONAL BUSINESS USING SSMS and DESCRIPTIVE ANALYTICS USING POWER BI.
The session started with a brief introduction of the topic by Ms. Neha Issar, IBM Spark & Scala Certified and Assistant Professor LBS on the importance of DBMS & RDBMS and how it is used for functional business using SPSS. The next session started with a brief introduction of the topic by Dr. Neetu Kamra, Head Centre of Data Analytics and AI Initiatives. She emphasized on Chatbot using descriptive analysis through Power BI.
DAY 03: PREDICTIVE ANALYTICS USING SPSS MODELER
Ms. Rohini the guest speaker (AI and Cloud Computing) from IBM was the resource person for Day 3 on 11 October 2023. She explained us how SPSS Modeler helps users build accurate predictive models quickly and deliver predictive intelligence to individuals, groups, systems, and enterprises. The different types of analytics i.e., Descriptive Analytics, Diagnostic Analytics, Predictive Analytics, and Prescriptive Analytics. She mainly focused on predictive analytics and how predictive analytics helps businesses and gave a hands-on practice on SPSS Modeller to the participants.
DAY 04: DATA ANALYSIS USING PYTHON
Dr. Saurabh Agarwal. Dr. Agarwal a Professor, Machine Learning & Data Analytics, from HBTU, Kanpur was the Resource person for Day 04 on 12 October, 2023. This FDP on Fundamentals of Python was organized to introduce the participants to the Python programming language and how data analysis is done with help of Python. He also gave hands on practice session to the participants. All participants had a learning experience.
DAY 05 & 06: INTRODUCTION TO BIG DATA, DEEP LEARNING, MACHINE LEARNING, ARTIFICIAL INTELLEGENCE & EXPLAINABLE AI.
Dr. Nallakaruppan M.K (Assistant Professor of IT& Engineering, Vellore Institute of Technology conducted a two-day workshop on Big Data, Deep Learning, Machine learning, AI & Explainable AI on 13 and 14 October, 2023. He also conducted a practical experience on Orange Tool to handle and analyse data in analytics mainly for predictive analysis and creating models for research.The last day of the FDP saw a Valedictory Session for the Resource persons and participants. The Vote of Thanks was delivered by Dr. Fehmina Khalique.