The aim of the "Production and Cost Analysis and Estimation" course is to provide students with a comprehensive understanding of the production process, the cost structure of a firm, and the methods used to estimate costs and production functions.After the successful completion of the course, you will be able to: Understand the Classical Production Theory. Understand the Optimum Factor of Combinations. Understand the Price Elasticity of Supply. Understand the Short-run and Long-run Cost Theories. Understand the Break-even-analysis, Cost-Benefit analysis, Outscoring, and Cost. Understand the Learning curve, Product innovation, and Process Innovation Life-Cycle Model. This economics course focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their production costs to achieve maximum profitability. This course is an economics course that focuses on the analysis of production functions, cost functions, and the relationship between input and output. The course covers topics such as marginal cost, average total cost, and average variable cost, as well as the estimation techniques of cost functions and production functions. Students will learn about how firms make production decisions and how they can estimate and optimize their costs of production to achieve maximum profitability. VIDEO - Course Structure and Assessment Guidelines Watch this video to gain further insight. Navigating the MSBM Study Portal Watch this video to gain further insight. Interacting with Lectures/Learning Components Watch this video to gain further insight. Production and Cost Analysis & Estimation Self-paced pre-recorded learning content on this topic. Production And Cost Analysis And Estimation Put your knowledge to the test with this quiz. Read each question carefully and choose the response that you feel is correct. All MSBM courses are accredited by the relevant partners and awarding bodies. Please refer to MSBM accreditation in about us for more details. There are no strict entry requirements for this course. Work experience will be added advantage to understanding the content of the course. The certificate is designed to enhance the learner's knowledge in the field. This certificate is for everyone eager to know more and get updated on current ideas in their respective field. We recommend this certificate for the following audience. Business Analyst Financial Analyst Operations Manager Production Planner Cost Estimator Supply Chain Manager Management Consultant Economist Average Completion Time 2 Weeks Accreditation 3 CPD Hours Level Advanced Start Time Anytime 100% Online Study online with ease. Unlimited Access 24/7 unlimited access with pre-recorded lectures. Low Fees Our fees are low and easy to pay online.
Course Overview: Are you ready to unlock the world of digital possibilities by understanding the art and science of data analytics? We live in an era where data back every decision and every action requires insightful analysis. Clive Humby said, "Data is the new oil, and it's the new oil, so it's an invaluable resource for companies worldwide. This comprehensive course covers a broad spectrum of data analytics, starting with an engaging 'Introduction to the World of Data,' before delving into the fundamental components like the 'Basics of Data Analytics,' 'Statistics for Data Analytics,' and the 'Actions Taken in the Data Analysis Process.' Each subsequent module is carefully designed to guide you through various stages of data analytics. You'll explore 'Data Mining,' work with 'Excel for Data Analytics,' and discover 'Tools for Data Analytics.' The curriculum wraps up with a focus on 'Data-Analytic Thinking' and 'Data Visualisation.' Enrol today and start your journey to becoming a data analytics expert! Key Features of the Course: This course comes with a CPD certificate, affirming your proficiency in data analytics. It offers 24/7 learning assistance to ensure you get the most out of your learning journey. The content is presented in easy-to-understand and engaging learning materials, carefully curated to make your journey in data analytics enlightening. Who is This Course For? This course suits professionals seeking to leverage data analytics in their respective fields, individuals aspiring to venture into the data science arena, and students keen to acquire contemporary skills for the digital age. What You Will Learn: Understand the fundamental concepts of data analytics. Apply statistical techniques to analyse large data sets. Implement effective strategies for data collection and storage. Master the art of data mining and extraction of valuable insights. Utilise Excel and other tools effectively for data analysis. Develop a data-analytic mindset for problem-solving. Translate data insights into compelling visualisations. Why Enrol in This Course: This course will open doors to many opportunities. You will learn from top-notch professionals, utilise quality learning materials and have access to trending and recently updated curriculum. Requirements: A basic understanding of computers A willingness to learn Career Path: The expertise gained from this Data Analytics course can pave your way into a variety of professions, such as: Data Analyst (£30,000-£60,000) Business Analyst (£35,000-£70,000) Market Research Analyst (£27,000-£55,000) Operations Analyst (£31,000-£62,000) Quantitative Analyst (£45,000-£85,000) Data Scientist (£50,000-£90,000) Data Engineer (£35,000-£75,000) Certification: On successful completion of this course, you will receive a CPD certificate, testifying your mastery in the field of data analytics. With this recognition, you can confidently showcase your skills and expertise in the professional world. Data analytics is a powerful tool that can be used to make better decisions, improve efficiency, and drive innovation. If you want to join this growing field, this course is for you! FAQ What do you mean by data analytics? Data analytics is the process of collecting, cleaning, analyzing, and interpreting data to extract insights. What data analytics actually do? Data analytics helps businesses make better decisions by providing them with insights into their data. This can include insights into customer behavior, market trends, and product performance. What are the 5 data analytics? The 5 data analytics are: Descriptive analytics: This type of analytics describes what has happened in the past. Diagnostic analytics: This type of analytics identifies the root cause of problems. Predictive analytics: This type of analytics predicts what will happen in the future. Prescriptive analytics: This type of analytics recommends actions to take based on the predictions. Visual analytics: This type of analytics uses visual representations of data to make it easier to understand. What is data analytics examples? Here are some examples of data analytics: A retailer uses data analytics to track customer behaviour and identify trends. A bank uses data analytics to predict which customers are likely to default on their loans. A healthcare provider uses data analytics to identify patients who are at risk for certain diseases. What are 4 types of analytics? The 4 types of analytics are: Descriptive analytics: This type of analytics describes what has happened in the past. Diagnostic analytics: This type of analytics identifies the root cause of problems. Predictive analytics: This type of analytics predicts what will happen in the future. Prescriptive analytics: This type of analytics recommends actions to take based on the predictions. Why do we use data analytics? We use data analytics to make better decisions, improve efficiency, and drive innovation. Here are some of the benefits of using data analytics: Better decision-making: Data analytics can help businesses make better decisions by providing them with insights into their data. Improved efficiency: Data analytics can help businesses improve efficiency by identifying areas where they can save time and money. Driven innovation: Data analytics can help businesses drive innovation by identifying new opportunities and trends. Course Curriculum 13 sections • 13 lectures • 12:25:00 total length •Introduction to the World of Data: 01:00:00 •Basics of Data Analytics: 00:40:00 •Statistics for Data Analytics: 01:00:00 •Actions Taken in the Data Analysis Process: 00:55:00 •Gathering the Right Information: 01:00:00 •Storing Data: 01:15:00 •Data Mining: 01:00:00 •Excel for Data Analytics: 01:20:00 •Tools for Data Analytics: 01:20:00 •Data-Analytic Thinking: 01:10:00 •Data Visualisation That Clearly Describes Insights: 00:45:00 •Data Visualization Tools: 01:00:00 •Assignment - Data Analytics: 00:00:00
Understanding and managing risks is crucial in today’s dynamic business environment. This Business Risk Analyst Course offers a deep dive into the different types of risks organisations face, from financial uncertainties to technological challenges. Participants will explore the entire risk evaluation process, learning how to analyse and assess potential threats systematically. The course also covers specific workplace risk assessments, laying a strong foundation for effective risk management strategies that safeguard organisational interests. Delving further, the curriculum introduces enterprise-wide risk management approaches, highlighting the benefits that thoughtful risk oversight brings to businesses of all sizes. Special attention is given to managing financial and technology-related risks, equipping learners with the knowledge to identify vulnerabilities and implement informed decisions. This course is ideal for professionals seeking to enhance their understanding of risk dynamics and contribute confidently to their organisation’s risk management frameworks — all through an accessible, fully online format. Key Benefits Accredited by CPD Instant e-certificate Fully online, interactive course Self-paced learning and laptop, tablet, smartphone-friendly 24/7 Learning Assistance Curriculum Module 1: Risk and Types of Risk Module 2: The Risk Evaluation Process Module 3: Risk Analysis & Assessment Module 4: Risk Assessment at Workplace Module 5: Introduction to Risk Management Module 6: Risk Management Process Module 7: Benefits of Risk Management Module 8: Enterprise Risk Management Module 9: Managing Financial Risks Module 10: Managing Technology Risks Course Assessment You will immediately be given access to a specifically crafted MCQ test upon completing an online module. For each test, the pass mark will be set to 60%. Certificate Once you've successfully completed your course, you will immediately be sent a digital certificate. Also, you can have your printed certificate delivered by post (shipping cost £3.99). Our certifications have no expiry dates, although we do recommend that you renew them every 12 months. CPD 10 CPD hours / points Accredited by CPD Quality Standards Who is this course for? The Business Risk Analyst training is ideal for highly motivated individuals or teams who want to enhance their skills and efficiently skilled employees. Requirements There are no formal entry requirements for the course, with enrollment open to anyone! Career path Learn the essential skills and knowledge you need to excel in your professional life with the help & guidance from our Business Risk Analyst training. Certificates Certificate of completion Digital certificate - Included Certificate of completion Hard copy certificate - Included
Duration 3 Days 18 CPD hours This course is intended for CxO?s IT Managers/ Directors Senior Project Officers Project & Program Coordinator/Managers Operations Managers Quality Managers Business Analysts Engineering Managers IT Infrastructure Managers Internal Consultants Professional Consultants Overview Change and the individual Change and the organization Communication and stakeholder engagement Change practice Dealing with change and more importantly, the impact of change is a high priority for all organisations. The Change Management Certification has been developed by APMG in partnership with the Change Management Institute (CMI), an independent, global professional association of change managers. Together they have developed a professional ?body of knowledge? for the discipline of change management. This body of knowledge now provides an independent benchmark for the professional knowledge expected of an effective change manager. APMG?s refreshed Change Management certification is fully aligned with the change management body of knowledge. Prerequisites There is no prerequisite to attending this foundation course, although it is recommended that candidates should have a good understanding of business practices. 1 - Change and the Organization Drivers for change Developing a vision Culture and climate Emergent change and lifecycle Organizational metaphors Models of change Roles required for change 2 - Stakeholders Principles Identification Analysis Influencing and listening Emotion and demonstration Communications Cognitive biases Remaining people focused Improving Communications Communications channels Collaboration Communications Planning Larger workshops 2 - Change Impact Assessing impact McKinsey 7 S Stakeholder impact assessment Assessing change readiness Large change ? how to staff Building a change team Preparing for resistance Building team effectiveness 4 - Individual Change Learning theory Motivation Change Curve Personality differences
Duration 2 Days 12 CPD hours This course is intended for Executives, Project Managers, Business Analysts, Business and IT stakeholders working with analysts, Quality and process engineers, technicians, corrective action coordinators or managers; supervisors, team leaders, and process operators; anyone who wants to improve their ability to solve recurring problems. Overview At the completion of this course, you should be able to: Identify the different types of tools and techniques available Apply change management successfully Review what to look for when applying business case thinking to Root Cause Analysis Develop a process to systematically approach problems Business success is dependent on effective resolution of the problems that present themselves every day. Often the same or similar problems continue causing repeated losses in time or money and your staff become experts at fixing rather than preventing the problems. Learn to find and fix root causes and develop corrective actions that will effectively eliminate or control these problems. Section 1: RCA Foundation Concepts and Objectives Section Learning Objectives Discuss Definitions ? IT Perspective Discuss What is a problem and why do they exist? What is Root Cause? RCA Benefits and Approaches Event and Casual Analysis Event and Causal Analysis: Exercise 1c Worksheet RCA Tools for each approach Section Summary and Conclusions Section 2: Enhance use of RCA tools Why use a Particular Method Tool: Change Analysis Change Analysis Examples Tool: How to Resolve Conflict Tool: 5 Why?s Example Learning Management Problem Tool: Cause and Effect Tool: Fault Tree Analysis Why do we use Fault Tree Analysis? How does it work? Fault Tree Diagram Symbols Example #1 of FTA: Car Hits Object Tool: Failure Modes and Effects Analysis (FMEA) Example: Failure Modes and Effects Analysis Tool: Design / Application Review Section 3: Problem Resolution and Prevention Section Objectives The Secret of Solving Problems: -A Note about Statistical Control -A Note about Fire Fighting Technique: Business Process Mapping Example: IGOE Technique: Lean Six Sigma and DMAIC Lean Six Sigma Benefits Importance of Understanding the Business Process The Business Process Mandate Technique: Process Modeling Graphical Notation Standard (BPMN): -What is Business Process Modeling Notation (BPMN)? -Benefits of BPMN -Basic Components of BPMN Technique: Business Process Maturity Model Five Levels of Maturity Section 4: Capability Improvement for RCA Steps in Disciplined Problem Solving RCA as a RCA Process Key RCA Role Considerations Sustainable RCA Improvement Organizational Units Process Area Goals, Practices Specific and General Practices Specific Practice Examples Software Maturity Survey SWOT Analysis Worksheet Recognize the importance of the Change Management component in your RCA implementation Using the ADKAR Model to Communicate Change Review ADKAR© Model ? -Awareness of the need for change -Desire to participate and support the change -Knowledge on how to change -Ability to implement required skills and behaviors -Reinforcement to sustain the change The ADKAR Model: Reinforcement Section 5: Course Summary and Conclusions Plan the Proposal and Business Case Example: 1 Page Business Case Resource Guide Questions
48-Hour Knowledge Knockdown! Prices Reduced Like Never Before! Unlock the power of Data Analyst (Data Analytics) with our cutting-edge Data Analyst (Data Analytics) course and transform raw information into strategic insights of Data Analyst (Data Analytics) that drive success. Get Free 1 QLS Endorsed Course with Certificate & 10 Additional CPD Accredited Courses In A Single Payment. This Data Analyst (Data Analytics) Bundle Package includes: Course 01: Diploma in Data Analysis at QLS Level 5 10 Additional CPD Accredited Premium Courses related to Data Analyst (Data Analytics) - Course 01: Data Analytics with Tableau Course 02: Data Science & Machine Learning with R Course 03: Excel Pivot table for Data analytics Course 04: JavaScript Functions for Data Analyst Course 05: Data analytics with Excel Course 06: Mastering SQL Programming for Data Analyst Course 07: Google Data Studio Course 08: Business Intelligence and Data Mining for Data Analyst Course 09: GDPR Training Course 10: Learn Programming with Python Learning outcome of this Data Analyst (Data Analytics) Bundle: Apply data analyst techniques to modify worksheets effectively. Utilise data analyst strategies for working with lists. Demonstrate proficiency in analyzing data as a data analyst. Visualize data using charts as a data analyst. Employ PivotTables and Pivot Charts for complex Data Analyst Manage multiple worksheets and workbooks efficiently as a data analyst. Use lookup functions and formula auditing for accurate Data Analyst Why Prefer This Data Analyst (Data Analytics) Bundle? FREE certificate on Data Analyst (Data Analytics)accredited by CPDQS Get instant access to this Data Analyst (Data Analytics) course. Learn Data Analyst (Data Analytics) from anywhere in the world Data Analyst (Data Analytics) is affordable and simple to understand Data Analyst (Data Analytics) is an entirely online, interactive lesson with voiceover audio Lifetime access to the Data Analyst (Data Analytics) bundle materials Data Analyst (Data Analytics) comes with 24/7 tutor support Free assessments available with Data Analyst (Data Analytics) Get a free student ID card! with Data Analyst (Data Analytics) Assessment Process of Data Analyst (Data Analytics) Course: You have to complete the assignment questions given at the end of the Data Analyst (Data Analytics) course and score a minimum of 60% to pass each exam, after that you can claim your certificate CPD 100 CPD hours / points Accredited by CPD Quality Standards Who is this course for? This course is for whoever wishes to gain a better understanding of Data Analyst (Data Analytics) Requirements You will not need any prior background or expertise to take this Data Analyst (Data Analytics) Career path Data Analyst Retail Data Analyst Statistical Data Analyst Certificates CPD Accredited e-Certificate Digital certificate - Included Diploma in Data Analysis at QLS Level 5 Hard copy certificate - Included
Register on the Business and Data Analytics for Beginners today and build the experience, skills and knowledge you need to enhance your professional development and work towards your dream job. Study this course through online learning and take the first steps towards a long-term career. The course consists of a number of easy to digest, in-depth modules, designed to provide you with a detailed, expert level of knowledge. Learn through a mixture of instructional video lessons and online study materials. Receive online tutor support as you study the course, to ensure you are supported every step of the way. Get an e-certificate as proof of your course completion. The Business and Data Analytics for Beginners is incredibly great value and allows you to study at your own pace. Access the course modules from any internet-enabled device, including computers, tablet, and smartphones. The course is designed to increase your employability and equip you with everything you need to be a success. Enrol on the now and start learning instantly! What You Get With The Business and Data Analytics for Beginners Receive a e-certificate upon successful completion of the course Get taught by experienced, professional instructors Study at a time and pace that suits your learning style Get instant feedback on assessments 24/7 help and advice via email or live chat Get full tutor support on weekdays (Monday to Friday) Course Design The course is delivered through our online learning platform, accessible through any internet-connected device. There are no formal deadlines or teaching schedules, meaning you are free to study the course at your own pace. You are taught through a combination of Online study materials Certification Upon successful completion of the course, you will be able to obtain your course completion e-certificate free of cost. Print copy by post is also available at an additional cost of £9.99 and PDF Certificate at £4.99. Who Is This Course For: The course is ideal for those who already work in this sector or are an aspiring professional. This course is designed to enhance your expertise and boost your CV. Learn key skills and gain a professional qualification to prove your newly-acquired knowledge. Requirements: The online training is open to all students and has no formal entry requirements. To study the Business and Data Analytics for Beginners, all your need is a passion for learning, a good understanding of English, numeracy, and IT skills. You must also be over the age of 16. Course Content Section 01: Business and Data Analytics Introduction to Business and Data Analytics 00:07:00 Where are Insights Business Analytics Being Used 00:11:00 Problem Framing Process 00:11:00 Section 02: Business Process Model Business Process Modelling 00:10:00 Outcome of the First Step 00:06:00 Outcome of the Second Step 00:07:00 Data Understanding 00:07:00 How Do You Exploit Data that no One Else Has? 00:10:00 Informational System Usually 00:08:00 Section 03: Working on Data Data Preparation 00:04:00 Evaluation 00:05:00 Deployment 00:07:00 Major Health Insurance Company 00:09:00 Process 00:09:00 Frequently Asked Questions Are there any prerequisites for taking the course? There are no specific prerequisites for this course, nor are there any formal entry requirements. All you need is an internet connection, a good understanding of English and a passion for learning for this course. Can I access the course at any time, or is there a set schedule? You have the flexibility to access the course at any time that suits your schedule. Our courses are self-paced, allowing you to study at your own pace and convenience. How long will I have access to the course? For this course, you will have access to the course materials for 1 year only. This means you can review the content as often as you like within the year, even after you've completed the course. However, if you buy Lifetime Access for the course, you will be able to access the course for a lifetime. Is there a certificate of completion provided after completing the course? Yes, upon successfully completing the course, you will receive a certificate of completion. This certificate can be a valuable addition to your professional portfolio and can be shared on your various social networks. Can I switch courses or get a refund if I'm not satisfied with the course? We want you to have a positive learning experience. If you're not satisfied with the course, you can request a course transfer or refund within 14 days of the initial purchase. How do I track my progress in the course? Our platform provides tracking tools and progress indicators for each course. You can monitor your progress, completed lessons, and assessments through your learner dashboard for the course. What if I have technical issues or difficulties with the course? If you encounter technical issues or content-related difficulties with the course, our support team is available to assist you. You can reach out to them for prompt resolution.
Accelerate Your Data Analyst Career: Fast-Track Program with Exams, TOTUM Card & 5-Year Support. Enrol Today! Study methodOnline Duration9 months · Self-paced Access to content5 years CertificationsCompTIA IT Fundamentals CertificationCertified Data Analysis ProfessionalMicrosoft Azure Data FundamentalsPearson IT Specialist PythonPearson IT Specialist AI (Artificial Intelligence)Pearson IT Specialist DatabasesMicrosoft Office Specialist Excel CertificationMicrosoft Power BI Data Analyst Associate (PL-300)Certificates Official CompTIA Certification - Free Additional info Exam(s) / assessment(s) is included in price Tutor is available to students TOTUM card included in price Job guarantee programme is included in this course Overview Learn the most in-demand digital skills in the world today with the Nuyew Tech Academy A Data and Business Intelligence Analyst gathers, cleans, and studies data sets to help solve problems. Gain the job-ready skills for an entry-level Data and Business Intelligence Analyst role and position yourself competitively in the thriving job market for data and business analysts, which will see a 20% growth until 2028 and beyond. Certifications CompTIA IT Fundamentals Certification Certified Data Analysis Professional Awarded by CompTIA Microsoft Azure Data Fundamentals Microsoft Office Specialist Excel Certification Microsoft Power BI Data Analyst Associate (PL-300) Awarded by Microsoft Pearson IT Specialist Python Pearson IT Specialist AI (Artificial Intelligence) Pearson IT Specialist Databases Awarded by Pearson Description With a national shortage of Data and Business Intelligence Analysts, starting salaries of up to £25,000 per annum (average UK Salary £60,000) and amazing future employed and self-employed career prospects, take the next step today with our Fast Track Data and Business Intelligence Analyst Programme. What you can expect from our Fast Track Programme: World Class Education Energetic and unlimited 24/7 Student Support Real, tangible Career Outcomes 5 Years Career Support What our programme includes: Industry Recognised Qualifications CompTIA ITF+ (IT Fundamentals) CompTIA A+ CompTIA Network+ CompTIA Security+ CompTIA Data+ Exams Includes all Exams and Unlimited Re-Sits 5 Years Career Support Guarantee As part of our unique Support Guarantee, our Career Support Team will assist you with: CV writing Expert careers advice Interview preparation Identifying and applying for the best opportunities in your area As a student in the Nuyew Tech Academy you will also be given exclusive access to our Career Skills Academy which includes advanced courses on Employability, CV Preparation, Interview Skills and Technique and everything else you need to get ready for your new Career. Who is this course for? This course is open to anyone interested in pursuing a Career in Data Analytics and Business Intelligence. Our Foundation Level provides the flexibility for us to accommodate students with any level of previous knowledge and experience. Requirements This course is open to all and has no pre-requisites All you need is a passion for technology and a strong desire to succeed. Career path Our programme is designed to enable you to achieve an Entry Level/Helpdesk role during training (£18k-£24K) ensuring that you also have the vital work experience required to enter the Tech Industry at a higher level (Av Salary £60K).
Get job ready with CompTIA's Data Analysis Certification. Live Classes - Career Guidance - Exam Included.
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