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Preamble
Following document contains the semester wise course matrices, detailed syllabuses along
with credits, breakup of credits in terms of lecture, tutorials and laboratory, assessment pattern,
competencies of the courses and sample problems. Specific mention of two projects is also
envisaged in the document.
Graduate Attributes
Need of the PGDM- Business Analytics programme.
Most industry sectors have recognized the value that Business Analytics can provide in not
only driving Business Solutions, but also in helping them to differentiate themselves to
customers, investors and regulators. The global Business Analytics is a USD 105 billion
market, growing at a CAGR of 8%. India, with its surfeit of talent, has become the Analytics
hub for organizations across the world. Large corporate like Walmart, Target, Citibank, ICICI
Bank, Airtel, Vodafone are increasingly adopting analytics in their processes. Consulting
giants like PwC, IBM, Accenture, Infosys have large teams offering Analytics solutions to
their clients. All of these translate into a huge global and domestic demand for Business
Analytics professionals.
Employment Potential
As per McKinsey Global Institute, the analytics Industry is one of the fastest growing in
modern times which is poised to become a $50 billion market by 2017. With this sudden surge
in the analytics industry there is a tremendous increase in the demand for analytics expertise
across all domains, throughout all major organizations across the globe. It has been predicted
that by 2018, the United States alone could face a shortage of 140,000 to 190,000 people with
deep analytical skills as well as 1.5 million managers and analysts with the know-how to use
the analysis of big data to make effective decisions.
NASSCOM has estimated that from 50,000 today, the demand for Analytics professionals in
India will grow to 2,50,000 in the coming two three years.
According to Analytics India Magazine (2013), India will remain the preferred destination for
Analytics Outsourcing as compared to other Asian countries like Philippines and China.
Unlike the BPO‘s, Analytics (considered as part of KPO) requires skills that are not easily
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
available in these countries. India’s Analytics talent pool will be in high demand because
of their process expertise and English language proficiency.
Board of Advisors
The programme has been designed under the prudent guidance of following eminent
professionals from industry and academia.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Teaching premiere institutions in India like IITs, IIMs and foreign universities.
An expert in Data Mining, Business Intelligence Solutions, Six Sigma Applications
and SPSS.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
The programme will train the students in two specific domains. First, they will understand
basic management concepts related to marketing, finance and entrepreneurship and secondly
they will attain the special skill sets for applying Analytics in the management areas.
1. Programme Outcome
The programme will develop a deeper sense about management principles and techniques in
the field of marketing, finance, quantitative analysis and entrepreneurship. They will also
equip themselves with adaptive thinking which is applicable in the management domain.
Students will learn special skill sets for application of Business Analytics in the field of
management. Computational skills are vigorously focussed in the programme.
A reasonable mix of common courses with core courses will make them self-directed on the
path of continuous learning. Core courses will make them capable to apply analytics in
specific areas and then to effectively communicate to the stake holders of given management
challenge.
A good Data Scientist or Business Analyst is supposed to work effectively and efficiently in
the individual capacity and as a team. The programme delivery will in-built these skills and
aptitude.
Students will get the updated knowledge and developments in the field of Analytics by virtue
of interactions with learned industry professionals and academicians.
Following section covers the Vision and Mission of the department and that of the institute,
Context of programme and Credits of PG Programme.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
By virtue of massively enhanced data storage and data retrieval capacity due to technological
advancements in the field of Information Technology, possibility of probing extensively into
the past business information or data has paved the way of new specialized domain called
Business Analytics or Big Data Analytics. Further, the demand of Data Scientists in India and
the World has reached to a level which is difficult to meet through the existing pool of
knowledgeable professionals in this field. This programme is an holistic attempt to create Data
Analysts or Business Analysts for bridging the gap.
Sem
# Credits
Duration
Exam
Total Hrs /
#
Course Code Title of the Course Hrs/Week SA FA
Management Concepts and
1 CO1B01TM Practices 4 3 72 3 25 75
CO1B02TM Marketing Management 4 3 72 3 25 75
CO1B03TM Accounting for Managers 4 3 72 3 25 75
CO1B04TM DBMS and Data
Warehousing 4 3 72 3 25 75
CO1B05TM Spreadsheet Modelling and
Decision Analysis 4 4 72 3 50 50
CO1B06TM Statistics for Business 5 4 90 3 50 50
Financial Markets and
2 CO2B07TM Instruments 4 3 72 3 25 75
Introduction to
CO2B08TM Entrepreneurship 4 3 72 3 25 75
Management Decision
CO2B09TM Science 4 3 72 3 50 50
CO2B10TM Business Finance 4 3 72 3 25 75
Introduction to Business
CO2B11TM Analytics 5 4 90 3 25 75
SPSS for Research
CO2B12TM Methodology 4 4 72 3 50 50
Consumer Behaviour and
3 CO3B13TM CRM 4 3 72 3 25 75
Economic Analysis for
CO3B14TM Business Decisions 5 3 90 3 25 75
CO3B15TM Financial Modelling 5 3 90 3 50 50
Multivariate Data Analysis
CO3B16TM –1 4 3 72 3 50 50
CO3B17TM Time Series Econometrics 5 4 90 3 50 50
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
50
CO3B01PM Project I 2 4 36 3 30 (P)
Predictive Modelling using
4 CO4B18TM SAS 5 3 90 3 50 50
CO4B19TM Big Data Analytics 5 3 90 3 50 50
Multivariate Data Analysis
CO4B20TM –2 5 3 90 3 50 50
CO4B21TM Analytics with R 4 3 72 3 50 50
Data Mining for Business
CO4B22TM Analytics 4 4 72 3 50 50
100
CO4B01PM Project II 2 4 36 3 60 (P)
40
(V)
Project
All
The programme is of 80 credits with a definition of 15 contact hours per credit.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
4 Examinations
Following section explains the assessment pattern for two types of courses. One type is
those courses which are largely conceptual like Management Concepts and Practices and
Marketing Management. The other type of courses in this programme is quantitative and
application oriented courses like Management Decision Science and Analytics with R.
For conceptual courses, 25 and 75 weights for Sessional Assessment and University Exam
has been designed respectively.
The weights of Class Test (one only) and that of two Assignments are shown below.
Item Weightage
Class Test 1 5
Assignment 1 10
Assignment 2 10
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
For quantitative courses, 50 and 50 weights for Sessional Assessment and University
Exam has been designed respectively. This is designed for accommodating more
supervised learning of students.
The weights of Class Tests (two) and that of two Assignments are shown below.
Item Weightage
Class Test 1 and 2 5 + 5 =10
Assignment 1 20
Assignment 2 20
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
(Only Core Courses - The curriculum is designed to expose students to facets of Management
– Marketing, Finance and Entrepreneurship with strong skills in Business Analytics.)
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
SEMESTER 1
Course Code: CO1B01TM
Aim of the Course: The course helps to focus on the concepts and methods of managing
an organization. It helps to understand the functioning of an organization, understand
the various techniques involved in solving managerial problems. This module is designed
to (i) introduce management and organizational concepts and related theories; (ii) examine the
formulation and implementation of business strategy; and (iii) explain the main management
issues in marketing, human resources, operations and sustainability.
Syllabus Content
Unit 1 11 hours
Introduction, Definition of Management, Nature and Characteristics of Management,
Management as an Art, Science and Profession , Management and Administration, Levels
of Management, Significance and Objectives of Management, Social Responsibility of
Management , Management by Objectives (MBO).
Unit 2 9 hours
Unit 3 9 hours
Forecasting and Decision Making, Importance of Forecasting and Planning, Definitions of
Decision Making, Types of Decision Making, Decision Making Techniques, Decision
Making Approaches.
Unit 4 9 hours
Managing Diversity, Meaning and Reasons for Diversity, Managing Diversity in
Organizations, Benchmarking Concepts (performance benchmark).
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 5 7 hours
Case Analyses to illustrate the various aspects of management theory – global as well as
Indian; multiple situational analyses; demonstrating different challenges and
opportunities.
C2. Describe the different levels of management and also understand the significance and
objectives of management.
C4. Understanding the fundamentals of planning as well as the various types of Planning.
C5. Identify the need for planning and describe the planning process.
C8. Understand the various types of Decision Making techniques along with Decision making
approaches
C11. Understand the Benchmarking Concepts and the art of managing diversity in
organizations.
C12. Understanding management theory with respect to Global and Indian Context.
Learning Resources
Textbook
1. Rudani, B.R. (2011). Management and Organizational Behaviour. New Delhi: Tata
McGraw-Hill.
References
1. Drucker, P.F. (2009). The Practice of Management. New Delhi: Allied Publishers.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
2. Massie, L.J. (1979). Essentials of Management. New Delhi: Prentice - Hall of India
Private Limited.
3. Tripathi, P.C., Reddy, P.N. (1991). Principles of Management. New Delhi: Tata
McGraw-Hill Publishing Company Limited.
Section – B
Answer any 5 questions. Each question carries 4 marks (5 × 4 = 20)
Q1. ―A successful enterprise has to achieve its goals effectively and
efficiently‖. Explain.
Q2.Differentiate between Manager and Administrator.
Q3. What is workforce diversity, and what implications does it have for
managers?
Q4. What is Decision making? What are the steps of Decision making?
Q5.What is the relationship between planning and organizational performance?
Q6. How is globalization affecting the way managers do their jobs?
Q7. Explain the functions of Management with appropriate example.
Q8.Explain Brain storming.
Section – C
Answer any 3 questions. Each question carries 15 Marks (3 × 15 = 45)
Q1. Define SWOT Analysis with an example and explain how it is helpful
for initial stage of strategic planning.
Q2.Discuss the contribution of Maslow`s Hierarchy of motivation
Q3.What are the arguments in favour of Social responsibility of Business , Discuss
Q4.What is MBO? Explain the steps involved in MBO.
Q5.What is Decision Tree? Explain.
Q6.Case Study:
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: The aim of the course is to provide an introduction to marketing and
understanding its various aspects. The course is designed to serve as an introduction to
the theory and practice of marketing. The course also helps students to apply and
understand major marketing concepts market segmentation, customer value preposition.
The course gives a brief understanding marketing concepts and their application to
profit-oriented and non-profit oriented organizations. This course provides an
introduction to all aspects of marketing, including strategic marketing planning,
marketing research, product planning and development. It provides an understanding of
the competitor’s strategies, Characteristics and Classification of products etc.
Syllabus Content
Unit 1 10 hours
Unit 2 8 hours
Competitive Dynamics
Analysis of competitors’ strategies, objectives, strengths, and weaknesses, Strategies of
market leaders to expand the total market and defend market share, How market
challengers attack market leaders.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 3 9 hours
Unit 4 10 hours
Unit 5 8 hours
C3. Familiarize with various marketing strategies such as customer value preposition, strategic
planning process.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C8. Describe the positioning strategies of companies‘ on the basis of product differentiation
C14. Understanding the concepts of marketing mix, marketing budgeting, and marketing
return on investments.
Learning Resources:
Kotler, P., Keller, K. L. , Koshy, A., Jha, M. (2013). Marketing Management: A South
Asian Perspective. India: Pearson Education.
Rajan, S. (2005). Marketing Management. India: Tata McGraw-Hill Education.
Karunakaran, K. (2013). Marketing Management. India: Himalaya Publishing
House.
Kumar, A., Meenakshi. (2013). Marketing Management. India: Vikas Publishing
House Pvt Ltd.
Ramaswamy, V. S., Namakumari, S. (2009). Marketing Management Global
Perspective, Indian Context. India: Macmillan India Limited.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – A
1. Define marketing.
2. What are the five P‘s of marketing?
3. Define segmentation.
4. Define customer value proposition.
5. What is marketing information system?
6. Define market share.
7. What is a product?
8. Define packaging.
Section – B
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – C
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 1
Aim of the Course: The aim of this Course is to familiarise the students with the management
accounting concepts, the financial accounting process, preparation of final accounts/reports,
interpretation of financial statements, sources uses of funds, financial analyses, cost analysis
and their applications in managerial decision making, budget planning and its control,
different types of ratios and its application.
Course Overview and Context: Accountants play a key role in the formulation and
implementation of business decisions, both strategic and tactical, through their uniquely
analytical approach to the assessment of the financial implications of business plans.
Accounting for Management focuses on the crucial role which financial information plays in
decisions made by management teams, and in the monitoring and planning of a business
organisation's objectives. The course seeks to cover accounting studies to a more refined level,
similar to professional qualification standard along with retaining theoretical analysis.
Syllabus Content
Unit 1
Double-entry book-keeping system, journal, ledger, posting, debits, credits, trial balance,
adjusting entries, final accounts for non-corporates (manufacturing trading, PandL, B/S),
company final accounts, computerised accounting.
Unit 2
Financial statement analysis and interpretation, ratio analysis, fund flow analysis. Cash flow
analysis.
Unit 3
Concepts of budget and its advantages, functional, master and cash budget, flexible and zero
based budgeting, responsibility accounting, performance budgeting.
Unit 4
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Absorption costing and marginal costing, direct costing, contribution, profit planning, Cost-
volume-profit Analysis (CVP analysis), Break-even Analysis, Break-even charts, advantages
and limitations of marginal costing, application of marginal costing technique, decisions
involving alternative choices, determination of sales mix, make or buy decision, exploring
new markets, discontinuance of a product line. Standard costing as a tool for control, variance
analysis.
Unit 5
C3. Understand the books of original entry such as Journal & the purpose of such books.
C6. Characterise the techniques of posting, debits, credits & analyze the need of trial balance.
C7. Recognise the process of adjusting entries, and preparation of final accounts for non-
corporates.
C9. Identify the importance of ratio analysis, fund flow analysis & Cash flow analysis.
C10. Understand the Concepts & purpose of Budgets and Budgetary Control.
C12. Understand the Marginal Costing and Profit Planning through Cost-volume-profit
Analysis (CVP analysis), Break-even Analysis, Break-even charts.
C13. Determination of sales mix, make or buy decision, exploring new markets,
discontinuance of a product line.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C14. Identify the need of standard costing as a tool for control & variance analysis.
Learning Resources:
Khan, M. Y. and P. K. Jain (2013). Management Accounting - Text, Problems and Cases.
New Delhi: McGraw Hill Education.
Maheshwari, S. K., S. N. Maheshwari and Sharad K. Maheshwari. (2012). Accounting for
Management. New Delhi: Vikas Publishing House.
Gupta, Ambarish. (2012). Financial Accounting for Management: An Analytical
Perspective. New Delhi: Pearson Education.
Banerjee, Ashok. (2009). Financial Accounting: A Managerial Emphasis. New Delhi:
Excel Books.
Horngren, Charles T., George Foster and Srikant Datar. (2007). Cost Accounting: A
Managerial Emphasis. New Delhi: Prentice Hall
Alexander, David and Anne Britton. (1996). Financial Reporting. Boston: International
Thomson Business Press.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q1. How are accounts classified? Briefly explain the rules of personal, real & nominal
accounts.
Q2. From the following information, prepare a comparative income statement.
Particulars 31.3.2012 31.3.2013
Sales 2000000 1600000
Cost of goods sold 1200000 800000
Administration expenses 200000 140000
Selling and Distribution
expenses 200000 140000
Other incomes 80000 40000
Income tax 240000 240000
Q3. From the following information calculate: a) Gross Profit Ratio; b) Net Operating Profit
Ratio; c) Net Profit Ratio
Net Sales 5,00,000
Cost of goods sold 3,50,000
Selling expenses 12,000
Administrative expenses 8,000
Interest Income 5,000
Loss on the sale of old machine 12,000
Q4. R. K. Exports Ltd. Wishes to arrange overdraft facilities with its bankers during the period
April-June 2012 when it will be manufacturing mostly for stocks. Prepare a cash budget for
this period from the following data, indicating the extent of the bank facilities the company
will require at the end of each month.
Period Sales Purchases Wages
Feb 2012 180000 124000 12000
March 2012 192000 144000 14000
April 2012 108000 243000 11000
May 2012 174000 246000 10000
June 2012 126000 268000 15000
50 percent of the sales are realised in the month following the sales and the remaining 50
percent in the second month following. Creditors are paid in the month following the month of
purchase. Cash at bank on 1st April 2012 is Rs.25,000.
Q6. From the following data, you are required to estimate the value of stock at the end of the
financial year 31st March 2012 as per AS 2:
Attributable Attributable Expected
Categories Cost of raw
works cost selling overheads market
of Stock materials (Rs)
(Rs) (Rs) price
Item No.P 42100 8,400 3200 50800
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section C
Answer any 3 questions. Each question carries 15 marks (3 × 15 = 45)
Q1. Explain the accounting concepts and convention.
Q2. Draw up a flexible budget for overhead expenses on the basis of the following data and
determine the overhead rates at 70%, 80% and 90% plant capacity.
at 80%
Particulars capacity
Rs.
Variable Overheads
Indirect Labour 12000
Stores including spares 4000
Semi-variable overheads:
Q3. You are given the following data for the year 20012 of XYZ Co.Ltd
Variable Cost 6,00,000
Fixed Cost 3,00,000
Net Profit 1,00,000
Total 10,00,000
Find out a) Break-even point b) P/V ratio, and c) Margin of safety.Also draw a break even
chart showing contribution.
Depreciation was provided at 10%.p.a under the diminishing balance method. The
machine purchased on 1 July 2011 was sold on 31s March 2012 at Rs.15,000. Show the
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
necessary ledger accounts in the books of A Ltd. Assuming that the accounts are closed on 31st
December each year.
Q5. Prepare a Cash Flow statement from the following Balance Sheets of Gujarat Spinning
Mills Ltd.
Liabilities 2011 2012 Assets 2011 2012
Share Capital 400000 500000 Machinery 500000 700000
Long Term
General Reserve 125000 135000 Investment 70000 56000
Profit & Loss
A/c 110000 190000 Stock 210000 280000
12% Debentures 200000 150000 Debtors 140000 114000
14% Mortgage
Loan 100000 160000 Cash 20000 40000
Creditors 80000 95000 Bank 50000 20000
Share Issue
Expenses 25000 20000
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: The subject gives an understanding on how technology and
architecture collaborate together to serve the business requirements of different users in
the organization. This subject enables the students to the fundamentals of Data
Warehousing and Databases, and how to leverage them for maximising individual and
organisational effectiveness.
Course Overview and Context: The course predominantly explains the importance of
data management in the organization for transactional and analytical objective. This
course focuses on the fundamentals of Data Warehousing and Databases. The
operational data from database management systems are used for day-to-day business
transactions and serve the users on current information specifically whereas the goal of
Data Warehousing is to provide the users with homogenized, consistent and
comprehensive view of the organization to support planning, forecasting and decision
making processes at an enterprise level.
Syllabus Content
Unit 1 12 hours
Unit 2 9 hours
Unit 3 9 hours
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 4 9 hours
Unit 5 6 hours
Learning Resources
Mundy, Joy. et al. (2008). The Data Warehouse Lifecycle Toolkit. Indianapolis:
Wiley publishing Inc.
Ponniah, Paulraj. (2011). Data Warehousing: Fundamentals for IT Professionals.
New Delhi: Wiley India Pvt Ltd.
Prabhu, C. S. R. (2008). Data Warehousing: Concepts, Techniques, Products and
Applications. New Delhi: PHI Publications.
Inmon, W. H. (2005). Buidling the Data Warehouse. London: Wiley Publications.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q6. Why is it a good practice to load the dimensions table before the fact tables?
Section C
Answer any 3 questions. Each question carries 15 marks (3 × 15 = 45)
Q1. Explain the architecture of Data Warehouse?
Q2. Explain the different types of fragmentations in Distributed Databases? What are the
disadvantages of distributed databases?
Q3. Why are ETL functions considered to be most challenging in a data warehouse
environment?
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
You are selected to be a CIO of a Fortune 500 company. You have just made a presentation to
your CEO, proposing that the company implement a data warehouse. The CEO responds that
the company is already having several databases in different places and needs to know the
necessity of a data warehouse. The CEO also wants to implement Data mining for customer
relationship which would give the company effective ways for analysing customer behaviour
together with the power to make projections based on that customer information. The
company‘s activities also focus on the internet. The data mining also helps it to determine
seasonal buying habits. Data mining is helping the company also to study future trends, pattern
analysis and helps it not only retain existing customer base but also diversify the business in
new areas.
Question:
(1) List down the key activities involved in the designing of a data warehouse.
(2) What is the recipe for a successful data warehouse?
(3) What makes data mining possible?
(4) What are the pitfalls of a data warehouse?
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester : 1
Aim of the Course: This course will cover all aspects of creating spreadsheet, performing
calculations, formatting, some very widely used formulas like SUMIF, LOOKUPS, and also
getting Excel to make decisions using the ‗IF‘ function, ―WHAT IF ANALYSIS‖ and
conditional formatting. It will enable the students to create, build and customise graphs,
develop advanced solutions on the worksheet and to assemble the proper Excel tools.
Students will gain an insight into data tables and using excel advanced look up features to
automate worksheets and analysis tools to forecast figures based on a range of scenarios and
use consolidation to bring together information.
The case study based training design is unique as it blends the features of the tool and usage
scenarios.
Course Overview and Context: Successful management requires the ability to recognize a
decision situation, understand its essential features, and make a smart choice; however in the
business world the stakes may be too high to learn by experience. Use decision models—
simplified representations of situations involving uncertainty and/or complex interactions to
help you gain the necessary skills to make the best decision. Discover several commonly used
modelling tools (Data Analysis using Pivot Table, Filters and What If Analysis) and learn the
art of modelling in a Microsoft Excel environment. Familiarity with Excel.
Syllabus Content
Unit 1 8 hours
Basics of MS Excel: The Ribbon, The levels of Command organization Excel Options,
Customizing the Quick Access Tool Bar, The Excel Screen, Worksheets and Workbooks,
Saving a workbook. Manipulating Rows And Columns: Inserting rows and columns within a
worksheet, modifying column widths using 'drag and drop', Automatically resizing the column
width to fit contents.
Unit 2 8 hours
Manipulating Worksheets
Switching between worksheets, Copying or moving worksheets between workbooks,
Grouping Worksheets, Protecting Worksheets and Workbooks. Working With Data- Entering
Data: Entering numbers and text into cells, Default text and number alignment, AutoFill.
Selecting data, Copying, moving and deleting data, Formatting data: Built in and custom
formats, Currency symbol, Date Percentages, Alignment of content in cell range, Cell
orientation.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 3 8 hours
Unit 4 8 hours
Different kinds of Graphs, Column, Pie, Bar, Area, Scatter, Drop Down Lists, Error Alerts,
Conditional Formatting.
Unit 5 8 hours
Unit 6 8 hours
Lookup Functions
Unit 7 8 hours
Data Analysis using Pivot Tables: Using the Pivot Table Wizard, Changing the pivot table
layout, Formatting, Grouping items, Inserting calculated fields, Pivot Table Options, Display
and hide data in fields, Lay out reports directly on worksheet, Pivot Chart, Using Slicer in
pivot Tables, Applying and Using AutoFilter, Creating a Custom AutoFilter, Sorting On More
Than One Column, Using Advanced Filter, Using Formulas In Criteria.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 8 4 hours
Advance Tools
C2. Understand the Customization of the Quick Access Tool Bar, the Excel Screen,
Worksheets and Workbooks,
C5. Identify the steps for Alignment of content in cell range and Cell orientation.
C7. Implementation of the sumproduct, sumif and sumifs, countif and countifs, averageif and
averageifs functions, using floor/ ceiling/ mround/ mod/ quotient functions.
C8. Sketch the Different kinds of Graphs such as Column, Pie, Bar, Area, Scatter
C9. Identify the importance of Conditional Formatting.
C13. Analysis of data using Pivot Table, Filters and What If Analysis
C15. Application of Advance Tools through What If Analysis. Scenario Manager, Goal
Seek, Solver.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources:
Textbook
Walkenbach, John. (2010). Excel 2010 Bible. New Delhi: Wiley India Pvt Ltd.
MacDonald, Mathew. (2010). Excel 2010: The Missing Manual. Sebastopol: O'reilly.
Ragsdale, Cliff. T. (2008). Spreadsheet Modelling and Decision Analysis. New York:
Thomson south – western publications.
Monahan, George E. (2000).Management Decision Making: Spread Sheet, Modelling,
Analysis. London: Cambridge University
Section A
Q2. For the below values in cells A1 and B1; Write a function which has two conditions- A1 > 10
and B1 > 5 and returns the value CORRECT or INCORRECT if both are met.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
a) A line chart shows the relationship of the changes in the data over a period of time
b) A Column chart shows the relationship of the parts to the whole
Q8. Mention the shortcut key combinations used for navigating an excel sheet
i) to the top of the Worksheet (cell A1)
ii) Copy and Paste special Value
Section B
Q1. What is the sequence of operating mathematical operation in Excel? Using the order of
operations what are the steps an excel would perform to solve the below equation
= (1520+1420)*2+(15^3)-1250/2
Q2. What is cell reference in pretext to a formula and why is it important? Differentiate between
relative, absolute and mixed cell referencing using the formulae below.
SUM(H2:J2)
SUM($H3:$J3)
SUM(H$4:J$4)
SUM($H$4:$J$4)
Q3. What is “IF” function? What is the difference between “AND” and “Or” function in relation to IF
If one of the conditions are met or both conditions are met, Correct Else Incorrect
Q4. What is Hlookup? Using the data below; what would be the Hlookup function in cell B2?
33
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q5. What is a workbook? In terms of the review ribbon, what can be done with a workbook?
New Comment
Text to columns
Q7. What is data filter? Write steps for auto filter of data
Section C
Q3. There are 250 observations with multiple responses to a survey question. We want to know the
specific responses to that question.
What do we do get the unique records?
Give at least two uses of this technique.
34
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q5. Write formulas for the operations (a to c) based on the spreadsheet given below along
with the relevant cell address:
G H
A B C D E F
Out of Percenta
Comput Total Marks ge
1 SNO Name Science Maths ers Marks earned
300
2 1 Swati 70 80 87 --
300
3 2 Shruti 90 98 89 --
300
4 3 Neelu 91 90 99 --
300
5 4 Rosy 60 76 79 --
300
6 5 Shreya 50 45 20 --
7 # Fail --
Max
8 Score --
c. Number of students failed in each subject where (Marks < 30 is considered Fail)
e. Does the cell reference change when you copy the formula below for Total marks scored?
Q6. Based on the spreadsheet given below along with the relevant cell address: Do the
following
Give a unique name "GI_name_id" by joining two text strings namely "ID" and "GI_name".
Maintain a space between the two. Write the function.
35
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
What function would you use if we want only the last two digits of the Area code?
What function would you use if we want the "Call procedure" variable to be coverted to a
dummy variable where Satisfied=1 and Not Satisfied=0?
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 1
Aim of the Course: The objective of this subject is to give students a conceptual introduction
to the field of statistics and its many applications. This is to enable the students to familiarise
themselves with descriptive statistics, probability and sampling distributions, hypothesis
testing, forecasting, nonparametric methods, decision analysis, time value of money, simple
and compound interest, discounting and compounding, present value and future value.
Course Overview and Context: This course teaches the core communication and quantitative
skills principle. In particular, the course teaches how to perform quantitative analysis. The
course also teaches the critical thinking principle. The course teaches how to use data,
combined with logic, to reach valid solutions to challenging problems. Also, the course
teaches students how to think critically about ambiguous situations. Finally, the idea that
underlies statistics is subtle and powerful. Hence, by teaching this idea, the course advances
students‘ intellectual depth.
Syllabus Content
Unit 1 9 hours
Descriptive Statistics
Introduction, summarizing Data, EDA, Crosstabulation, measures of location, measures of
variability, measures of distribution shape, measures of association, applications with Minitab
and Excel.
Unit 2 8 hours
Probability Distributions
Introduction, Bayes‘ Theorem, Discrete Probability Distributions, Continuous Probability
Distributions, Binomial Distribution, Poisson Distribution, Approximation of Binominal
Distribution to Normal Distribution.
Unit 3 7 hours
Sampling Distributions
Sampling and Sampling Distributions, Central Limit Theorem, Concept of Standard Error,
Confidence Intervals, Applications with Minitab and Excel.
Unit 4 12 hours
Hypothesis Testing
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St. Teresa’s College (Autonomous), Ernakulam
Hypothesis Testing and Decision Making, Statistical Inferences about means and proportions
and variances, Test of Goodness of Fit and Independence, Applications with Minitab and
Excel.
Unit 5 5 hours
Additional Topics
Index Numbers, Forecasting, Decision Analysis, Control Charts, Applications with Minitab
and Excel.
Unit 6 5 hours
Nonparametric Methods
Related samples, Wilcoxon Signed Rank, Mann-Whitney test, Friedman AVOVA test
Unit 7 9 hours
Financial Mathematics
Time Value of Money, Simple and Compound Interest, Discounting and Compounding,
Present Value and Future Value of single sum and annuity, Loan payments and Amortisation,
Applications with Excel.
Unit 8 5 hours
C5. Identify the various distributions such as Continuous Probability Distributions, Binomial
Distribution, Poisson Distribution.
38
Curriculum & Syllabus – 2015 Admission onwards.
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St. Teresa’s College (Autonomous), Ernakulam
C7. Recognise the process of Sampling and Sampling Distributions, and applicability of
Central Limit Theorem.
C9. Identify the importance of Hypothesis Testing and Decision Making using Test of
Goodness of Fit and Independence, Applications with Minitab and Excel.
C10. Understand the Concepts of Forecasting, Decision Analysis & Control Charts.
Learning Resources:
Anderson, David R., Thomas A. Williams and Dennis J. Sweeney. (2012). Statistics for
Business and Economics. New Delhi: South Western.
Levin, Richard I. and David S. Rubin (1994). Statistics for Management. New Delhi:
Prentice Hall.
Waller, Derek. (2008). Statistics for Business. London: BH Publications.
Lee, Cheng. et al. (2013). Statistics for Business and Financial Economics. New York:
Heidelberg Dordrecht.
39
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – A
Section – B
40
Curriculum & Syllabus – 2015 Admission onwards.
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St. Teresa’s College (Autonomous), Ernakulam
14. If 10 coins are tossed 100 times, how many times would you expect 7 coins to fall head
upward?
15. Mr. Jack deposits Rs, 2000 on 1/1/2013 in Citi bank that gives 8% interest
compounded annually. How much would the deposit grow to after 6 years and 10
years?
16. Mr. Kevin deposited Rs 8000 in ABS bank. The bank is offering an interest rate of 8%
on savings account. Kevin is looking to get double the return for the amount he has
deposited. Compute the doubling period using rule of 72 and rule of 69.
Section – C
17. Before an increase in excise duty on tea 400 people out of a sample of 500 persons
were found to be tea drinkers. After an increase in the duty, 400 persons were known
to be tea drinkers in a sample of 600 people. Do you think that there has been a
significant decrease in the consumption of tea after the increase in excise duty?
18. A sample of 900 members has a mean 3.4cms and standard deviation 2.61 cms. Can the
sample be regarded as one drawn from a population with mean 3.25 cms? Using level of
significance as 0.05, is the claim acceptable?
19. A machine produced 20 defective articles in a batch of 400. After overhauling, it
produced 10 defectives in a batch of 300. Has the machine improved?
20. Random samples are drawn from two populations and the following results were
obtained:
Sample 16 17 18 19 20 21 22 24 26 27
X
Sample 19 22 23 25 26 28 29 30 31 32 35 36
Y
Find the variance of two populations and test whether the two samples have same variance.
41
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
21. A farmer applied three types of fertilizers on 4 separate plots. The figure on yield per
acre are tabulated below:
Yield
Nitrogen 6 4 8 6 24
Potash 7 6 6 9 28
Phosphates 8 5 10 9 32
Total 21 15 24 24
Find out if the plots are materially different in fertility, as also, if the three fertilizers make any
material difference in yields.
22. Determine the equation of a straight line which best fits the following data:
Year 2000 2001 2002 2003 2004
Sales (in Rs 35 56 79 80 40
‘000)
Compute the trend values for all the years from 2000 to 2004.
42
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The objective of the course is to help the students to understand the
macro process and system of Indian Financial Markets at the broader level by exposing them
to concepts such as credit creation, productive ventures, money management by government
through RBI, money supply, liquidity, lending, borrowing and facilitation of credit on demand,
issuers and subscribers and generation of income for lenders on short term and long term basis.
The students would be exposed to operations as well as systems and procedures that are
commonly followed in the financial markets which by learning would help them in
understanding the financial markets better.
Syllabus Content
Unit 1 11 hours
Unit 2 8 hours
Unit 3 9 hours
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Secondary Markets
Role of stock exchanges, role of stockbrokers, secondary market mechanism, type of
participants – traders and investors, index and its utility, risk management by way of
collecting margins, exchange settlement procedures, trading mechanism, pay-offs and
arriving at financial positions, touching upon technical analysis and fundamental
analysis.
Unit 4 8 hours
Unit 5 9 hours
44
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St. Teresa’s College (Autonomous), Ernakulam
Learning Resources
Section – A
45
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St. Teresa’s College (Autonomous), Ernakulam
Section – B
Section – C
31. Discuss the short-term and long-term methods of raising finance for a company?
32. Describe the role of primary dealers in the government securities market?
33. Discuss the role of government and RBI in money market.
34. What are the functions of stock exchanges in secondary market?
35. Describe the various functions of merchant banks.
36. What are the features of venture capital and describe the stages in Venture Capital
Financing?
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The Aim of this subject is to familiarise the students with the
fundamentals of entrepreneurship, business principles and ideas – with a focus on global
business environment; to help them understand the theories of Entrepreneurship,
Entrepreneurial Motivation, how to form a Business plan; to familiarise them with laws and
regulations that govern entrepreneurship.
Course Overview and Context: The Course intended to provide students with a solid
foundation in terms of the vital role played by entrepreneurs and entrepreneurship in the 21st
century global economy. In a sense this is the cornerstone course, which is complemented at
the end of your program with the capstone business plan course. During this semester we will
assess, explore, critique, and celebrate the phenomenon of entrepreneurship. Entrepreneurship
is approached as a way of thinking and acting, as an attitude and a behavior. Our emphasis is
on entrepreneurship as a manageable process that can be applied in virtually any
organizational setting. This is a course of many ideas and questions, and you will be
encouraged to develop and defend your own set of conclusions regarding each of these issues.
Syllabus Content
Unit 1 12 hours
Theories of Entrepreneurship
Unit 2 8 hours
Entrepreneurial Motivation
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St. Teresa’s College (Autonomous), Ernakulam
Unit 3 8 hours
Forming a Business, Business Structure, Creating a Business Plan, Market Size Analysis,
Funding a Business Plan, Regulations and Laws, Sustaining a Business, Customer Satisfaction,
Commerce Bank, Customer Service scenario in India, Managing cash flows, Employee Buy-in,
HCL, Government Incentives and Resources.
Unit 4 8 hours
Growing the Business, Managing Creativity, Innovation and the Sense of Ownership in a
Growing Organization, Creativity and Innovation, Strategies for Growth, Organic and
Inorganic Growth, Growing the business across geographical borders.
Unit 5 9 hours
Laws and regulations that govern entrepreneurship, Things to know and plan before setting up
a venture for the global market, Ideas to arrange for finances, Support system for
entrepreneurs, Identifying opportunities in the global market, Case studies.
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Curriculum & Syllabus – 2015 Admission onwards.
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St. Teresa’s College (Autonomous), Ernakulam
C14. Identify the role of Laws and regulations that govern entrepreneurship.
C15. Understand the things to know and plan before setting up a venture for the global market.
Learning Resources:
Textbook
Section – A
1. Define entrepreneurship.
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Curriculum & Syllabus – 2015 Admission onwards.
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St. Teresa’s College (Autonomous), Ernakulam
Section – B
Answer any 5 questions. Each question carries 4 marks (5 × 4 = 20)
Section – C
50
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The aim is to equip students with the decision-making, managerial, and
technological skills necessary to succeed in a competitive business environment.
Course Overview and Context: Management Science, an approach to decision making based
on scientific method, makes extensive use of quantitative analysis. The purpose of this course
is to provide students with a sound conceptual understanding of the role that management
science plays in the decision-making process.
Syllabus Content
Unit 1 6 hours
Linear Programming
Introduction, Problem Formulation, Graphical solution procedure, Multiple Decision
Variables, Sensitivity Analysis, Applications with Minitab and Excel.
Unit 2 6 hours
Unit 3 6 hours
Unit 4 6 hours
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St. Teresa’s College (Autonomous), Ernakulam
Unit 5 6 hours
Project scheduling with known activity times, Project scheduling with uncertain activity times,
Time-Cost Trade-offs, Waiting Line Models, Simulation of Management Systems.
Unit 6 5 hours
Decision analysis basics. Use of decision trees, probabilities, methods for making decisions
under uncertainty
Unit 7 5 hours
Decision making under certainty, Risk and under uncertainty stations: Decision tree for
decision making, Breakeven analysis under uncertainty
Unit 8 5 hours
C2. Understand the procedure to present Graphical solutions, using Multiple Decision
Variables, & Sensitivity Analysis.
C3. Understand the application of linear programming in the areas of Marketing, Finance and
Operations,
C5. Identify the various distributions such as Continuous Probability Distributions, Binomial
Distribution, Poisson Distribution.
C6. Understand the process of Revenue Management, Portfolio Models and Asset Allocation.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C9. Identify the importance of Shortest-Route and Maximal Flow leading to lower logistics
costs.
C10. Understand the Concepts of Integer Linear Program and Multi criteria Decision.
C11. Understand the application of Project Scheduling, Queuing Models and Simulation.
C12. Understand the application of decision trees for making decisions under uncertainty.
Learning Resources:
Sweeney, Dennis J., et al. (2008). Introduction to Management Science. Mason: Cengage
Learning.
Vohra, N. D. (2006). Quantitative Techniques in Management. New Delhi: Tata McGraw
Hill.
Srivastava, U. K, G. V. Shenoy and S. C. Sharma. (2005). Quantitative Techniques for
Managerial Decisions. New Delhi: New Age International Ltd.
Wisniewski, Mik. (2009). Quantitative Methods for Decision Makers. London: Prentice-
hall publications.
Gupta, M. P. and R. B. Khanna. (2009). Quantitative Techniques for Decision Making.
New Delhi: PHI Learning Private Limited.
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St. Teresa’s College (Autonomous), Ernakulam
Section – B
Answer any 5 questions. Each question carries 3 marks (5 × 3 =
15)
Q9.Discuss the different roles played by the qualitative and quantitative approaches to
managerial decision making. Why is it important for a manager or decision maker to
have a good understanding of both of these approaches to decision making?
Q10. Suppose that a manager has a choice between the following two mathematical
models of a given situation: (a) a relatively simple model that is a reasonable
approximation of the real situation, and (b) a thorough and complex model that is the
most accurate mathematical representation of the real situation possible. Why might
the model described in part (a) be preferred by the manager?
Q11. Consider the following linear program:
Max 3A + 2B
s.t.
1A + 1B 10
3A + 1B 24
1A + 2B 16
A, B 0
a. Use the graphical solution procedure to find the optimal solution.
b. Assume that the objective function coefficient for A changes from 3 to 5. Does the optimal
solution change? Use the graphical solution procedure to find the new optimal solution.
c. Assume that the objective function coefficient for A remains 3, but the objective function
coefficient for B changes from 2 to 4. Does the optimal solution change? Use the graphical
solution procedure to find the new optimal solution.
d. The computer solution for the linear program in part (a) provides the following objective
coefficient range information:
Objective Variable Allowable Allowable
Coefficient Increase Decrease
A 3.00000 3.00000 1.00000
B 2.00000 1.00000 1.00000
Use this objective coefficient range information to answer parts (b) and (c).
Q12. Consider the following linear program. The value of the optimal solution is 27.
Suppose that the right-hand side for constraint 1 is increased from 10 to 11.
Max 3A + 2B
s.t.
1A + 1B 10
3A + 1B 24
1A + 2B 16
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
A, B 0
a. Use the graphical solution procedure to find the new optimal solution.
b. Use the solution to part (a) to determine the dual value for constraint 1.
c. The computer solution for the linear program in Problem 1 provides the following right-
hand-side range information:
What does the right-hand-side range information for constraint 1 tell you about the dual
value for constraint 1?
d. The dual value for constraint 2 is 0.5. Using this dual value and the right-hand-side
range information in part (c), what conclusion can be drawn about the effect of changes to
the right-hand side of constraint 2?
To ensure a balanced use of advertising media, radio advertisements must not exceed 50% of
the total number of advertisements authorized. In addition, television should account for at
least 10% of the total number of advertisements authorized.
a. If the promotional budget is limited to $18,200, how many commercial messages should be
run on each medium to maximize total audience contact? What is the allocation of the budget
among the three media, and what is the total audience reached?
b. By how much would audience contact increase if an extra $100 were allocated to the
promotional budget?
Q14. The following payoff table shows profit for a decision analysis problem with
two decision alternatives and three states of nature:
State of Nature
Decision Alternative s1 s2 s3
d1 250 100 25
d2 100 100 75
55
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q15. A company imports goods at two ports: Philadelphia and New Orleans.
Shipments of one product are made to customers in Atlanta, Dallas, Columbus, and
Boston. For the next planning period, the supplies at each port, customer demands, and
shipping costs per case from each port to each customer are as follows:
Customers Port
Port Atlanta Dallas Columbus Boston Supply
Philadelphia 2 6 6 2 5000
New Orleans 1 2 5 7 3000
a. Graph the constraints for this problem. Use dots to indicate all feasible integer
solutions.
b. Find the optimal solution to the LP Relaxation. Round down to find a feasible
integer solution.
c. Find the optimal integer solution. Is it the same as the solution obtained in part (b)
by rounding down?
Section – C
Answer any 3 questions. Each question carries 10 Marks (3 × 10 =
30)
Q17. Consider the following linear program:
Min 8X + 12Y
s.t.
1X + 3Y 9
2X + 2Y 10
6X + 2Y 18
A, B 0
a. Use the graphical solution procedure to find the optimal solution.
b. Assume that the objective function coefficient for X changes from 8 to 6. Does the
optimal solution change? Use the graphical solution procedure to find the new optimal
solution.
c. Assume that the objective function coefficient for X remains 8, but the objective
function coefficient for Y changes from 12 to 6. Does the optimal solution change? Use the
graphical solution procedure to find the new optimal solution.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
d. The computer solution for the linear program in part (a) provides the following
objective coefficient range information:
Min 8X + 12Y
s.t.
1X + 3Y 9
2X + 2Y 10
6X + 2Y 18
A, B 0
a. Use the graphical solution procedure to find the new optimal solution.
b. Use the solution to part (a) to determine the dual value for constraint 1.
c. The computer solution for the linear program in Problem 3 provides the following right-
hand-side range information:
RHS Allowable Allowable
Constraint Value Increase Decrease
1 9.00000 2.00000 4.00000
2 10.00000 8.00000 1.00000
3 18.00000 4.00000 Infinite
What does the right-hand-side range information for constraint 1 tell you about the dual value
for constraint 1?
d. The dual value for constraint 2 is 3. Using this dual value and the right-hand-side range
information in part (c), what conclusion can be drawn about the effect of changes to the right-
hand side of constraint 2?
Q19. PhotoTech, Inc., a manufacturer of rechargeable batteries for digital cameras,
signed a contract with a digital photography company to produce three different
lithium-ion battery packs for a new line of digital cameras. The contract calls for the
following:
PhotoTech can manufacture the battery packs at manufacturing plants located in the
Philippines and Mexico. The unit cost of the battery packs differs at the two plants because of
differences in production equipment and wage rates. The unit costs for each battery pack at
each manufacturing plant are as follows:
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Plant
Product Philippines Mexico
PT-100 $0.95 $0.98
PT-200 $0.98 $1.06
PT-300 $1.34 $1.15
The PT-100 and PT-200 battery packs are produced using similar production equipment
available at both plants. However, each plant has a limited capacity for the total number of PT-
100 and PT-200 battery packs produced. The combined PT-100 and PT-200 production
capacities are 175,000 units at the Philippines plant and 160,000 units at the Mexico plant.
The PT-300 production capacities are 75,000 units at the Philippines plant and 100,000 units
at the Mexico plant. The cost of shipping from the Philippines plant is $0.18 per unit, and the
cost of shipping from the Mexico plant is $0.10 per unit.
a. Develop a linear program that PhotoTech can use to determine how many units of each
battery pack to produce at each plant in order to minimize the total production and shipping
cost associated with the new contract.
b. Solve the linear program developed in part (a) to determine the optimal production plan.
c. Use sensitivity analysis to determine how much the production and/or shipping cost per unit
would have to change in order to produce additional units of the PT-100 in the Philippines
plant.
d. Use sensitivity analysis to determine how much the production and/or shipping cost per unit
would have to change in order to produce additional units of the PT-200 in the Mexico plant.
Q20. Data envelopment analysis can measure the relative efficiency of a group of
hospitals. The following data from a particular study involving seven teaching
hospitals include three input measures and four output measures:
a. Formulate a linear programming model so that data envelopment analysis can be used to
evaluate the performance of hospital D.
b. Solve the model.
c. Is hospital D relatively inefficient? What is the interpretation of the value of the
objective function?
Input Measures
Full-Time Supply Bed-Days
Equivalent Expense Available
Hospital Nonphysicians (1000s) (1000s)
A 310.0 134.60 116.00
B 278.5 114.30 106.80
C 165.6 131.30 65.52
D 250.0 316.00 94.40
E 206.4 151.20 102.10
F 384.0 217.00 153.70
G 530.1 770.80 215.00
Output Measures
Patient-Days Patient-Days
(65 or older) (under 65) Nurses Interns
Hospital (1000s) (1000s) Trained Trained
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St. Teresa’s College (Autonomous), Ernakulam
Input Measures
Full-Time Supply Bed-Days
Equivalent Expense Available
Hospital Nonphysicians (1000s) (1000s)
A 310.0 134.60 116.00
B 278.5 114.30 106.80
C 165.6 131.30 65.52
D 250.0 316.00 94.40
E 206.4 151.20 102.10
F 384.0 217.00 153.70
G 530.1 770.80 215.00
Output Measures
Patient-Days Patient-Days
(65 or older) (under 65) Nurses Interns
Hospital (1000s) (1000s) Trained Trained
A 55.31 49.52 291 47
B 37.64 55.63 156 3
C 32.91 25.77 141 26
D 33.53 41.99 160 21
E 32.48 55.30 157 82
F 48.78 81.92 285 92
G 58.41 119.70 111 89
a. Formulate a linear programming model that can be used to perform data envelopment
analysis for hospital E.
b. Solve the model.
c. Is hospital E relatively inefficient? What is the interpretation of the value of the objective
function?
d. Which hospitals are involved in making up the composite hospital? Can you make a general
statement about which hospitals will make up the composite unit associated with a unit that is
not inefficient?
Q22. Consider the following network representation of a transportation problem:
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
The supplies, demands, and transportation costs per unit are shown on the network.
a. Develop a linear programming model for this problem; be sure to define the variables in
your model.
b. Solve the linear program to determine the optimal solution.
60
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St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The objective of this subject is to familiarise the students with
meaning, nature and scope of finance, Valuation of Bonds and Shares, nature of
investment decisions, Investment evaluation criteria, Operating and Financial Leverage,
significance, theories of Capital Structure, types of Dividend Issues and factors
influencing dividend decisions, Working Capital Management, Inventory Management.
Syllabus
Unit 1 8 hours
Overview
Financial Management: Meaning, nature and scope of finance, Time Value of Money,
Valuation of Bonds and Shares, Risk and Return, Cost of Capital. Working Capital
Management, Inventory Management, Cash Management, Receivables Management.
Unit 2 10 hours
Investment Decision
Unit 3 10 hours
Financing Decision
61
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St. Teresa’s College (Autonomous), Ernakulam
Unit 4 9 hours
Dividend Policies: Concept, types of Dividend issues and factors influencing dividend
decisions, Dividend Theories: Irrelevance theory, M-M hypothesis, Relevance Theories:
Walter’s model. Gordon’s model, dividend policy in practice, type of dividend policies,
stability in dividend policy, corporate dividend behaviour.
Unit 5 8 hours
Five key relationships, Purchasing Power Parity, Interest rate Parity, Fisher Effect,
International Fisher Effect & Forward rate, Currency Arbitrage.
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources:
Section – A
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – B
9. Mr. Jack deposits Rs, 2000 on 1/1/2013 in Citi bank that gives 8% interest
compounded annually. How much would the deposit grow to after 6 years and 10
years?
10. Describe the thumb rule for doubling period?
11. Compute the expected return
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – C
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The objective of this subject is to provide foundational knowledge
associated with the domain of business analytics which will be useful in work
environment. The course also aims at making the students aware of the applications of
business intelligence.
Course Overview and Context: The course familiarizes the students with all concepts of
business intelligence including what problems the technology of Data Warehouse (DW)
/Business Intelligence (BI) /Advanced Analytics (AA) solve for businesses and when an
organisation is ready for DW/BI/AA.
Syllabus Content
Unit 1
Unit 2
Types of Digital Data, Getting to Know Structured Data, Getting to Know Unstructured
Data, Getting to Know Semi-Structured Data, Difference Between Semi-Structured and
Structured Data. Introduction to OLTP and OLAP, OLTP (On-Line Transaction
Processing), OLAP (On-Line Analytical Processing), Different OLAP Architectures, OLTP
and OLAP, Data Models for OLTP and OLAP, Role of OLAP Tools in the BI Architecture,
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Should OLAP be Performed Directly on Operational Databases?, A Peek into the OLAP
Operations on Multidimensional Data, Leveraging ERP Data Using Analytics.
Unit 3
Unit 4
Data Integration and Modeling 12 hours
Basics of Data Integration, Need for Data Warehouse, Definition of Data Warehouse,
What is a Data Man?, What is Then an ODS?, Ralph Kimball's Approach vs. Who Inmon's
Approach, Goals of a Data Warehouse, What Constitutes a Data Warehouse?, What is
Data Integration?, Data Integration Technologies, Data Quality, Data Profiling.
Multidimensional Data Modeling, Types of Data Model, Data Modeling Techniques, Fact
Table, Dimension Table, Typical Dimensional Models, Dimensional Modeling Life Cycle.
Unit 5
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources
Prasad, R. N., and Acharya, Seema. (2011). Fundamentals of Business Analytics, 1st
Edition. New Delhi: Wiley India.
Shmueli, Galit, Patel, Nitin R. and Bruce, Peter C. (2011). Data Mining for Business
Intelligence. New Delhi: Wiley-India.
Kimball, Ralph and Ross, Margy. (2011). Practical Tools for Data Warehousing and
Business Intelligence, 2nd Edition. New Delhi: Wiley-India.
Biere, Mike. (2003). Business Intelligence for the Enterprise, First Edition. IBM
Press.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – B
Answer any 5 questions. Each question carries 4 marks (5 × 4 =
20)
Q17. Explain master data management.
Q18. Discuss the two best practices for managing the growth of unstructured data.
Q19. Explain XML with the help of an example.
Q20. Construct an ER diagram to illustrate the working of a bank. Make all the
necessary assumptions.
Q21. What are the various approaches to data integration? Explain.
Q22. Mention a few Business Intelligence tools in each of the following categories:
a. Databases that can support data warehouse.
b. Reporting
c. Business data analytics
Q23. State the difference between data warehouse and Data marts.
Q24. What do you mean by cross-sell and up-sell? Explain with examples.
Section – C
Answer any 3 questions. Each question carries 15 Marks (3 × 15 =
45)
Q25. Explain the following:
a. OLTP
b. OLAP
c. ERP
d. ROLAP
e. MOLAP
f. ODS
Q26. Business Intelligence? Why is it required by businesses? Explain how Business
Intelligence contributes to providing visibility into the enterprise performance.
Q27. Give a few examples of strategic, tactical and operational decisions.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q28. Compare and contrast the various types of slow changing dimensions. Use an
example to better explain your answer.
Q29. Explain the following terms with an example each:
a. Customer analytics
b. Productivity analysis
c. Supply chain analysis
Q30. What are dashboards? How do you create dashboards?
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 2
Aim of the Course: The Aim is to make the students familiar with the concepts of Research
Methods starting from the variable types, types of research, scale of measurement to actual
application with SPSS. The subject will equip the students with the skills of running
appropriate SPSS commands and with that of decoding SPSS output for hypothesis testing and
for Correlation and Regression Analysis.
Course Overview and Context: The Course intended to provide students insight into SPSS
software as tool to make statistical decisions easy. This will enable the participants to have
access to tools which results into making more accurate decisions by converting data into facts
and figures.
Syllabus Content
Unit 1 8 hours
Introduction to SPSS: SPSS windows, Creation and saving of SPSS files, Variable view, Data
view, Split and select command.
Unit 2 8 hours
Unit 3 8 hours
Unit 4 8 hours
Unit 5 7 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Normality assessment through Histogram, Probability Plot, Q-Q Plot. Outlier‘s assessment.
SPSS application.
Unit 6 7 hours
Hypothesis Testing I: Central Limit Theorem, Types I and Type II Error, Level of
Significance and Confidence Interval. Null and Alternate Hypotheses, Parametric and Non-
parametric tsets. One Sample T-test, Paired Sample T-test, Independent Sample T test. SPSS
application.
Unit 7 7 hours
Hypothesis Testing II: One way ANOVA, Chi-square test, Related Sample Wilcoxon Signed
Rank Test, Mann-Whitney Test, Kruskal-Wallis and Friedman ANOVA test. SPSS application.
Unit 8 7 hours
Correlation and Simple Linear Regression Analysis: Relationship through scatter plots,
Coefficient of correlation, Assumptions of Linear Regression, Standard Error of estimate,
Adjusted R Square, Goodness of fit, Residual Analysis. Durbin-Watson statistics and
Multicollinearity.
C10. Understand the Criteria for the distinction of Categorical and Continuous Data.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources:
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Q37. For the following pairs of variables, indicate which one is independent and
which is dependent according to you?
a. Sales and number of salespeople
b. Product quality and sales
c. Service quality and satisfaction
d. Age and income
Q38. What should be the scale of the dependent variable in an ANOVA? What
should be the scale of the independent variables in an ANOVA?
Section – B
Answer any 5 questions. Each question carries 3 marks (5 × 3 =
15)
Q39. What are the benefits of using SPSS for analysis?
Q40. Distinguish between correlation and regression
Ten students got the following percentage of marks in the course principles of Economics and
Statistics.
Roll No. : 1 2 3 4 5 6 7 8 9 10
Marks in Economics: 78 36 98 25 75 82 90 62 65 39
Marks in Statistics : 84 51 91 60 68 62 86 58 53 47
Calculate the coefficient of Correlation.
Q41. Differentiate between Exploratory and Experimental Research.
Q42. Find out the range and its coefficient for the following series:
X 1 5 3 2 1 1 7 3
Y 6 1 0 0 1 2 1 5
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Section – C
Answer any 3 questions. Each question carries 10 Marks (3 × 10 = 30)
Q47. Explain the following types of scales:
g. Ordinal Scale
h. Nominal Scale
i. Interval Scale
j. Ratio Scale
Weekly hours spent on completing paper work by the employees of four different departments.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
20 25 30 42
22 26 32 41
21 25 33 40
23 27 31 41
24 26 32 43
22 25 34 42
21 25 35 40
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 3
Aim of the Course: The aim of this course is to make students understand the concept of
consumer behaviour and also help in understanding the consumer buying decision.
Syllabus
Unit 1 10 hours
Unit 2 10 hours
Unit 3 10 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 4 9 hours
Unit 5 6 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources:
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester : 3
The objective of this subject is to familiarise the students with the basic
Aim of the Course:
principles of economics, tools and techniques of Economics and application of the same
in the competitive business world. The students will understand the determinants of
demand for basic goods, production decisions under various time periods, market
structure.
Syllabus
Unit 1 10 hours
Basic Concepts of Economics
Economic problems, Flow of economic activities, understanding consumer’s economic
behaviour (Utility, Satisfaction, indifference behaviour), Relationship between
consumers Income and spending, managerial economics- a way of thinking about
business.
Unit 2 10 hours
Managing Demand and Supply
Law of demand, Understanding the determinants of demand for basic goods, Household
durables, Luxuries, Exceptions, Constructing Demand equation, Demand elasticity.
Law of Supply, supply determinants, supply equation, concept of Equilibrium.
Unit 3 10 hours
Production Costs and Business Decision
Production function, production decisions under various time periods, scale of
production and managerial decision.
Types of costs and its significance in decision making, Cost related decisions under
various time periods.
Unit 4 8 hours
Market Structure
Firm under competitive conditions as perfect and imperfect, market characteristics,
price and output determination.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 5 7 hours
Macro Economics in Business Decision
Government and market, National Income computation, Business cycle, inflation,
Macroeconomic Policies.
Learning Resources:
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 3
Aim of the Course: The objective of course is make students learn how to design and
develop financial models for solving financial questions. The course would provide practical
hands on with Excel and how Excel is used in solving various financial concepts such as
present and future value, regression analysis and portfolio optimization.
Syllabus
Unit 1 9 hours
Introduction
Understanding Finance Functions present in Excel: Annuity Functions, Investment analysis
functions, Bond Functions, Depreciation Functions. Making Decisions: Examples of creating
Decision making formulas (Income tax calculator), Looking up values and conditional
formatting.
Analysing databases using Sort, Filter and Pivot Tables.
Case Exercises/ Practical Assignments/Activities.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 2 9 hours
Unit 3 9 hours
Unit 4 9 hours
Unit 5 9 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C7. Understanding the preparation of common size statements directly from Trial Balance.
Learning Resources:
Textbook
Jonathan Swan, Practical Financial Modelling a guide to current practice, 2nd edition,
CIMA publishing Publication, 2005.
MarekMusiela, MarekRutkowski, Models in Financial Modelling. 2nd Edition, Springer,
2005.
ChandanSengupta, Financial Analysis and Modeling Using Excel and VBA, Wiley, 2014
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 3
Aim of the Course: By the end of the subject, students should be able to understand the
theory behind the statistics, Select the appropriate methods in function of the research
question, Apply those methods to their data, Interpret and report the results from the
analysis, Develop critical thinking of statistics.
Course Overview and Context: The Course seeks to cover the multivariate analysis in
statistical terms and the various types of multivariate techniques so that students can
understand their applications and apply these techniques to the data. The course also
covers factor analysis and multiple regression analysis and how these techniques are useful
in decision making.
Syllabus Content
Unit 1
Overview of Multivariate Statistics 9 hours
Unit 2
Data Cleaning and Multivariate Techniques 9 hours
Graphical examination of the Data, missing data, outliers, testing the assumptions of
Multivariate Analysis, incorporating Nonmetric data with dummy variables, a managerial
overview of the results.
Unit 3
Factor Analysis 9 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
What is factor analysis, a hypothetical example of Factor Analysis, Factor Analysis decision
process, an illustrative example, a managerial overview.
Unit 4
Multiple Regression 9 hours
What is Multiple regression analysis?, an example of simple and multiple regression
analysis, a decision process for multiple regression analysis, Regression: Mediation &
Moderation, a managerial overview.
Unit 5
Multiple Discriminant Analysis and Logistic Regression 9 hours
What are Discriminant Analysis and Logistic Regression?, analogy ith regression and
MANOVA, hypothetical example of Discriminant Analysis, the decision process for
Discriminant Analysis, logistic regression: regression with a Binary dependent variable,
Dichotomous Dependent Variables, an illustrative example of logistic regression, a
managerial overview.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C15. Perform logistic regression with a Binary dependent variable and Dichotomous
Dependent.
Learning Resources
Hair, J. F. et al. (2006). Multivariate Data Analysis, 6th edition. NJ: Prentice Hall.
Aiken, L. S., & West, S. G. (1991). Multiple Regression: Testing and Interpreting
Interactions. Newbury Park, CA: Sage.
Menard, S. (2002). Applied Logistic Regression Analysis. Thousand Oaks, CA: Sage.
Tabachnick, B. and Fidell, L (2007). Using Multivariate Statistics, 5th edition. New
York: Allyn & Bacon.
Cohen, J., & Cohen, P. (1983). Applied Multiple Regression/Correlation Analysis for the
Behavioural Sciences, 2nd edition. Hillsdale, N.J.: Erlbaum.
Stevens, J. (1992). Applied Multivariate Statistics for the Social Sciences, 2nd edition.
Hillsdale, N.J.: L. Erlbaum Associates.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Semester - 3
Aim of the Course: By the end of the subject, students should be familiar with Univariate
and multivariate models of stationary and nonstationary time series in the time domain
and be able to develop a comprehensive set of tools and techniques for analyzing various
forms of univariate and multivariate time series.
Course Overview and Context: The Course seeks to cover the various time series
components: Irregular, Seasonal & Cyclic Variations & Trend of Time Series, and the
different models of time series which can be used for analysis .The course also involves
understanding the current literature in applied time series econometrics and survey of
some of the current research topics in time series econometrics.
Syllabus Content
Unit 1
Forecasting Time Series 12 hours
Time Series Components: Irregular, Seasonal & Cyclic Variations & Trend of Time Series;
Forecasting through Averaging and Exponential Smoothing; Holt’s model. Forecasting
evaluation through MAD (Mean Absolute Deviation) & MSE (Mean Square Error).
Unit 2
Financial Returns and Volatility Patterns 12 hours
Introduction to financial time series: basic returns data characteristics, asymmetry and
fat tails, historical volatility, volatility estimator used by RISKMETRICS model, high
frequency volatility.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 3
Univariate Time Series Modelling and Forecasting 12 hours
Unit 4
Multivariate Time Series Models, Modelling Long Run Relationships in Finance
12 hours
Granger causality, Cointegration, VARs: estimation and testing, impulse response and
variance decomposition, error-correction models: estimation and testing, relationship
between international stock indices.
Unit 5
Time Series Volatility ARCH/GARCH Models with Extensions 12 hours
ARCH, GARCH, asymmetric GARCH and other extensions, options implied volatility
versus GARCH, value at risk (VaR), downside risk (expected shortfall ES), credit risk.
C3. Evaluate forecasting through MAD (Mean Absolute Deviation) & MSE (Mean Square
Error).
C6. Understand the concept of historical volatility and high frequency volatility.
C7. Understand univariate and multivariate models of stationary and nonstationary time
series in the time domain.
C8. Understand the tests of random walk (weak market efficiency).
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C12. Understand the concept of downside risk (expected shortfall ES) and credit risk and
its impact.
C13. Understand Value at Risk (VaR) concept and the various methods of calculating VaR.
C14. Distinguish between options implied volatility and GARCH.
C15. Understand ARCH, GARCH, asymmetric GARCH and other extensions.
Learning Resources
Enders, W. (2010). Applied Econometric Time Series. Hoboken, NJ: John Wiley & Sons.
Zivot, Eric and Jiahui (Jeffery). (2002). Modeling Financial Time Series with S-PLUS.
Wang: Springer-Verlag.
Brooks, Chris. (2008). Introductory Econometrics for Finance. Cambridge University
Press.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: By the end of the subject, students should be familiar with the
concepts of a SAS Enterprise Miner project and explore data graphically. Students should
be able to build the predictive models and understand the working of such models. Also
the course will aim at how to generate a score code and how to use it.
Course Overview and Context: The Course seeks to cover the concepts of SAS Enterprise
Miner project . The course involves modifying data for better analysis results, building
and understanding predictive models such as decision trees and regression models,
comparing and explaining complex models, generation of score code and using other
modelling tools such as rule induction, gradient boosting and support vector machines.
Syllabus Content
Unit 1
Introduction 9 hours
Introduction to SAS Enterprise Miner, Accessing and Assaying Prepared Data: Creating a
SAS Enterprise Miner project, library and diagram, Defining a data source, Exploring a
data source.
Unit 2
Introduction to Predictive Modeling with Decision Trees 9 hours
Unit 3
Introduction to Predictive Modeling with Neural Networks and Other Modeling
Tools 9 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 4
Model Assessment 9 hours
Model fit statistics, Statistical graphics, Adjusting for separate sampling, Profit matrices,
Model Implementation: Internally scored dataset, Score code modules.
Introduction to Pattern Discovery: Cluster analysis, Market basket analysis .
Unit 5
Special Topics 9 hours
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C11. Understand the concept of Pattern Discovery along with Cluster analysis and Market
basket analysis.
Learning Resources
1. Predictive Modeling with SAS Enterprise Miner: Practical Solutions for Business
Applications, Second Edition, Edition 2 , Kattamuri S. Sarma, PhD December 19,
2013.
1. Neural Networks & Learning Machines, 3/E English 3rd Edition.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: By the end of the course, the student will be able to deploy a
structured lifecycle approach to data science and big data analytics projects. The course
is also designed with the aim that students should be able to select techniques and tools
to analyze big data and create statistical models.
Course Overview and Context: The Course seeks to cover the concepts of big data, the
various techniques and tools available to analyze the big data, creation of statistical
models, the distinguishing factors between Hadoop and BigData. The course also focuses
on Hadoop Distributed File System, its architecture and data flow.
Unit 1
Introduction 9 hours
Big Data Overview, Definition with Real Time Examples, How BigData is generated with
Real Time Generation, Use of BigData, Future of BigData!, the challenges for processing
big data, technologies supporting big data,
Unit 2
Hadoop 9 hours
Why Hadoop?, What is Hadoop?, Hadoop vs RDBMS, Hadoop vs BigData, Brief history of
Hadoop, Problems with traditional large-scale systems, Requirements for a new
approach, Anatomy of a Hadoop cluster
Unit 3
Hadoop Distributed File System (HDFS) 9 hours
Concepts & Architecture, Data Flow (File Read , File Write), Fault Tolerance, Shell
Commands, Java Base API, Data Flow Archives, Coherency, Data Integrity, Role of
Secondary NameNode
Unit 4
MapReduce 9 hours
Theory, Data Flow (Map – Shuffle - Reduce), MapRed vs MapReduce APIs, Programming
[ Mapper, Reducer, Combiner, Partitioner]
Unit 5
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
C1. Understand how Big Data is generated with Real Time Generation.
C2. Understand the challenges for processing big data.
C11. Understand the concept of Hbase, its components scanner and carry out the
filtration for Hbase POC
Learning Resources
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Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
1. Tan, Pang-Ning, Steinbach, Michael and Kumar, Vipin. (2005). Introduction to Data
Mining. Addison-Wesley.
1. Lin, Jimmy and Dyer, Chris. (2010). Data-Intensive Text Processing with MapReduce.
Morgan & Claypool Publishers.
2. Rajaraman, Anand and Ullman, Jeff. (2008). Mining of Massive Datasets. New York:
Cambridge Press.
3. Han, Jiawei and Kamber, Micheline. (2000). Data Mining: Concepts and Techniques.
The Morgan Kaufmann Series in Data Management Systems, Jim Gray, Series Editor
Morgan Kaufmann Publishers.
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St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: By the end of the subject, students should be able to understand the
theory behind the statistics, Select the appropriate methods in function of the research
question, Apply those methods to their data, Interpret and report the results from the
analysis, Develop critical thinking of statistics.
Course Overview and Context: The Course seeks to cover the concepts of Cluster Analysis,
using cluster analysis as a multivariate technique, the necessity of conceptual support in
Cluster Analysis. The course also focuses on Multidimensional Scaling and MANOVA
analysis and how these tools are useful for decision making process.
Syllabus
Unit 1
Cluster Analysis 9 hours
What is Cluster Analysis, Cluster Analysis as a multivariate technique, conceptual
development with Cluster Analysis, necessity of conceptual support in Cluster Analysis,
how does Cluster Analysis work? Objective versus subjective considerations, Cluster
Analysis decision process, objective of Cluster Analysis, research design in Cluster
Analysis, assumptions in Cluster Analysis, deriving clusters and assessing overall fit,
interpretation of the clusters, validation and profiling of the clusters, an illustrative
example.
Unit 2
Multidimensional Scaling and Correspondence Analysis 9 hours
What is Multidimensional Scaling? MDS works, comparing MDS to other
interdependence techniques, a decision framework for perceptual mapping Overview of
Multidimensional Scaling, Correspondence Analysis, illustrations of MDS and
Correspondence Analysis.
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St. Teresa’s College (Autonomous), Ernakulam
Unit 3
MANOVA 9 hours
MANOVA: Extending Univariate Methods for Assessing Group Differences, a hypothetical
illustration of MANOVA, a decision process for MANOVA, illustration of MANOVA
analysis, example 1: difference between two independent groups, example 2: difference
between K independent groups, example 3: a factorial design for MANOVA with tow
independent variables, a managerial overview of the results.
Unit 4
Structural Equation Modeling Part I 9 hours
What is Structural Equation Modeling?, SEM and other multivariate techniques, the role of
theory in structural equation modelling, history of SEM, a sample example of SEM,
developing a modelling strategy, six stages in structural equation modelling, what is
confirmatory factor analysis, SEM stages for testing measurement theory validation with
CFA, advanced topics in CFA, advanced CFA illustration.
Unit 5
Structural Equation Modeling Part II 9 hours
What is structural model, a sample example of structural model, an overview of theory
testing with SEM, stages in testing structural theory, SEM illustration.
C1. Understand the concept of cluster analysis and usage of cluster analysis as a
multivariate technique.
C2. Understand conceptual development with Cluster Analysis.
C6. Understand how to extend univariate methods for assessing group differences.
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Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources
1. Hair, J. F. et al. (2006). Multivariate Data Analysis, 6th edition. NJ: Prentice Hall.
1. Aiken, L. S., & West, S. G. (1991). Multiple Regression: Testing and Interpreting
Interactions. Newbury Park, CA: Sage.
2. Menard, S. (2002). Applied Logistic Regression Analysis. Thousand Oaks, CA: Sage.
3. Tabachnick, B. and Fidell, L (2007). Using Multivariate Statistics, 5th edition. New
York: Allyn & Bacon.
4. Cohen, J., & Cohen, P. (1983). Applied Multiple Regression/Correlation Analysis for
the Behavioural Sciences, 2nd edition. Hillsdale, N.J.: Erlbaum.
5. Stevens, J. (1992). Applied Multivariate Statistics for the Social Sciences, 2nd
edition. Hillsdale, N.J.: L. Erlbaum Associates.
Assignments: Two tutorial Assignments, One class Test and the Final Examination at
the end of the Semester
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St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: By the end of the subject, students will learn how to program in R and
how to use R for effective data analysis. Students will be able to perform analysis using R
in various fields like Inferential Statistics, Regression and Recursive Partitioning,
Survival Analysis, Meta-Analysis.
Course Overview and Context: The Course seeks to cover the concepts of Inferential
Statistics, regression analysis which has sub divisions like Simple and Multiple Linear
Regression, Logistic Regression and Generalised Linear Models, Recursive Partitioning,
Survival Analysis, Meta-Analysis and how each of thses can be ananlyzed using R.
Syllabus Content
Unit 1
Introduction to R 9 hours
An Introduction to R: What is R?, Installing R, Help and Documentation, Data
Objects in R, Data Import and Export, Basic Data Manipulation, Computing with
Data, Organising an Analysis.
Data Analysis Using Graphical Displays: Introduction, Initial Data Analysis,
Analysis Using R.
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Unit 2
Inferential Statistics 9 hours
Simple Inference: Introduction, Statistical Tests, Analysis Using R.
Conditional Inference: Introduction, Conditional Test Procedures, Analysis Using
R.
Analysis of Variance: Introduction, Analysis of Variance, Analysis Using R.
Unit 3
Regression and Recursive Partitioning 9 hours
Unit 4
Survival Analysis 9 hours
Introduction, Survival Analysis, Analysis Using R.
Analysing Longitudinal Data: Introduction, Analysing Longitudinal Data, Linear
Mixed Effects Models, Analysis Using R, Prediction of Random Effects, The
Problem of Dropouts.
Analysing Longitudinal Data II: Introduction, Methods for Non-normal
Distributions, Analysis Using R: GEE, Analysis Using R: Random Effects.
Simultaneous Inference and Multiple Comparisons: Introduction, Simultaneous
Inference and Multiple Comparisons, Analysis Using R.
101
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Unit 5
Meta-Analysis 9 hours
Introduction, Systematic Reviews and Meta-Analysis, Statistics of Meta-Analysis,
Analysis Using R, Meta-Regression, Publication Bias.
Principal Component Analysis: Introduction, Principal Component Analysis,
Analysis Using R.
Multidimensional Scaling: Introduction, Multidimensional Scaling, Analysis Using
R.
Cluster Analysis: Introduction, Cluster Analysis, Analysis Using R.
(The public domain software R will be used extensively throughout the course. This
software can be freely downloaded from http://www.r-project.org/.)
Competencies of the course
C3. Understand simple and conditional inference and how to analyze using R.
C4. Understand Simple and Multiple Linear Regression and how to analyze using R .
C5. Understand the concept of Smoothers and Generalised Additive Models and analyze
using R.
C13. Understand the concept of Principal Component Analysis and analyze using R.
102
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Learning Resources
Textbook
2. Dalgaard, Peter. (2008). Introductory Statistics with R, 2nd edition. California:
Springer.
References
1. Chambers, M. John. (2008). Software for Data Analysis: Programming with R (Statistics
and Computing). California: Springer.
2. Hothorn, Torsten and Everitt, Brian S. (2005). A Handbook of Statistical Analyses
Using R, Second Edition. Chapman and Hall.
3. Albert, Jim and Rizzo, Maria. (2012). R by example: Concepts to Code. California:
Springer.
4. Allerhand, Mike. (2011). Tiny Handbook of R. California: Springer.
103
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Aim of the Course: The course aims at familiarizing the students with the goals and
objectives of data mining. The main objective of the course is to teach the students how
to conduct a data mining project and obtain practical experience in designing and
implementing data mining algorithms.
Course Overview and Context: The course familiarizes the students with popular
classification techniques, such as decision trees, support vector machines and nearest-
neighbor approaches. The course also includes the most important association analysis
techniques, the complete data mining process and the various methods of data mining.
Data mining software tools will be introduced to students as part of their curriculum.
Syllabus Content
Unit 1
Introduction to Data Mining 12 hours
Data Mining for Business Intelligence, Data Mining Goes to Hollywood!, Data Mining
Concepts and Definitions, Definitions, Characteristics, and Benefits, How Data Mining
Works, Data Mining Applications.
Unit 2
Data Mining Process 12 hours
Data Mining Process, Step 1: Business Understanding , Step 2: Data Understanding, Step
3: Data Preparation, Step 4: Modeling Building, Step 5: Testing and Evaluation, Step 6:
Deployment, Other Data Mining Standardized Processes and Methodologies.
Unit 3
Data Mining Methods 12 hours
Unit 4
Artificial Neural Networks 12 hours
104
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
Association Rule Mining, Artificial Neural Networks for Data Mining, Elements of ANN,
Applications of ANN.
Unit 5
Data Mining Software Tools 12 hours
Learning Resources
1. Turban, Sharda Efraim; Ramesh, Dursun Delen and King, David. (2011). Business
Intelligence: A Managerial Approach, 2nd Edition. Publisher: Prentice Hall.
1. Han, Jiawei and Kamber, Micheline. (2012). Data Mining: Concepts and Techniques,
3rd edition. Morgan Kaufman Publishers.
2. Tang, P.N., Steinback, M. and Kumar, V. (2006). Introduction to Data Mining. Addison
Wesley.
3. Myatt, Glenn and Johnson, Wayne. (2009). Making Sense of Data II. John Wiley& Sons.
4. Rajaraman, Anand. (2011). Mining of Massive Datasets. New York: Cambridge
University Press.
105
Curriculum & Syllabus – 2015 Admission onwards.
Post Graduate Diploma In Management - Business Analytics
St. Teresa’s College (Autonomous), Ernakulam
106
Curriculum & Syllabus – 2015 Admission onwards.