Brief Introduction
A study by the McKinsey Global Institute reports that data-driven organizations are now 23 times more likely to acquire customers, 6 times as likely to retain customers, and 19 times as likely to be profitable as a result. McKinsey also reports that the creation of a strategy now ranks as the number one challenge to (and reason for) companies’ success with data and analytics. The opportunity to generate critical business insights grows alongside the massive amounts of data being created by compaCourse Summary
Learn how to effectively use data to make better business decisions with Data Science for Business Leaders. Gain insights on key data science concepts and tools to improve your decision-making process and drive business growth.Key Learning Points
- Understand the fundamentals of data science and how it can be applied in a business context
- Learn how to use data to make informed decisions and drive business growth
- Gain insights on data visualization techniques to effectively communicate your findings to stakeholders
Job Positions & Salaries of people who have taken this course might have
- USA: $62,453
- India: ₹450,000
- Spain: €30,000
- USA: $62,453
- India: ₹450,000
- Spain: €30,000
- USA: $74,543
- India: ₹600,000
- Spain: €35,000
- USA: $62,453
- India: ₹450,000
- Spain: €30,000
- USA: $74,543
- India: ₹600,000
- Spain: €35,000
- USA: $113,309
- India: ₹1,200,000
- Spain: €50,000
Related Topics for further study
- Data Science Fundamentals
- Business Decision-Making
- Data Visualization Techniques
- Data-Driven Strategy
- Machine Learning for Business
Learning Outcomes
- Apply data science concepts to make informed business decisions
- Communicate data insights effectively to stakeholders
- Develop a data-driven strategy for business growth
Prerequisites or good to have knowledge before taking this course
- Basic knowledge of statistics and data analysis
- Proficiency in Excel or a similar tool
Course Difficulty Level
IntermediateCourse Format
- Online
- Self-paced
- Project-based
Similar Courses
- Data Science Essentials
- Data Analytics for Business
Related Education Paths
Related Books
Description
Master the people, platforms, and processes required to leverage the power of Data Science in your business.Knowledge
- This program is designed to train business leaders tasked with determining the strategic decisions to equip their company with the latest advancements in data science. If you're asking any of the below questions about your role or your business, this program is what you're looking for: What are our greatest opportunities to use data? How do I prioritize projects and manage a project pipeline/portfolio of data projects? How do we build up data expertise across the variety of roles/capabilities (i.e. Data Scientists vs. Data Engineers vs. Data Analysts, etc.) How do we deploy our different data roles to maximize business value from our data? Do we change something at the platform level or do something smaller? Professionals in roles that involve high-level strategic roadmapping are well prepared to excel in this Executive Program.
Outline
- This course provides business leaders and managers with strategies and guidelines for how best to solve the human capital, technological, and management challenges of building data science into the business. Students will gain skills in identifying opportunities for data science across many functional areas of the business, as well as learn the tools to prioritize and execute on those opportunities as part of a data science initiative. Learn strategies and guidelines to solve the human capital, technological, and management challenges that will unlock the potential of data science for business.
Summary of User Reviews
Learn data science for business leadership with this course at Udacity. The course has received positive reviews for its engaging content and practical applications. One key aspect that many users thought was good is the course's emphasis on real-world business scenarios.Pros from User Reviews
- Engaging content
- Practical applications
- Real-world business scenarios
- Great for business leaders and managers
- Instructors are knowledgeable and experienced
Cons from User Reviews
- Some topics could be more in-depth
- Limited interaction with instructors
- Requires a basic knowledge of data analysis
- Some sections may be repetitive
- Expensive compared to other online courses
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