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4KG3-Winter 2017 1 of 5 4KG3 Data Mining and Business Intelligence Winter 2017 Course Outline Information Systems Area DeGroote School of Business McMaster University COURSE OBJECTIVE Business intelligence (BI) is a technology-driven process for analyzing data and presenting actionable information to help corporate executives, business managers and other end users make more informed business decisions. Students will learn the concepts, techniques, and applications of data mining for business intelligence through lectures, class discussions, hands-on assignments, and term paper presentations. Data mining and business intelligence is a very important topic in information systems area as well as in other areas such as finance, marketing, supply chain management, healthcare etc. It will help students to advance in their future career. INSTRUCTOR AND CONTACT INFORMATION To be arranged TA @mcmaster.ca Office: DSB A211 Office Hours: To be arranged Tel: (905) 525-9140 x Dr. Yufei Yuan Instructor [email protected] Office: DSB A204 Office Hours: To be arranged Tel: (905) 525-9140 x23982 Class Time: Tuesdays 2:30-5:20 pm Classroom: DSB B106 Tutorial and lab: Tuesdays 5:30 -6:30 pm, DSB B106 Course Website: http://avenue.mcmaster.ca COURSE ELEMENTS Credit Value: 3 Avenue: Yes Participation: Yes Team skills: Yes Verbal skills: Yes Written skills: Yes IT skills: Yes Numeracy: No Innovation: Yes Global: Yes Political: No Social: No COURSE DESCRIPTION This advanced commerce course introduces basic data mining technologies and their use for business intelligence. Students will learn how to analyze the business needs for knowledge discovery in order to create competitive advantages and how to apply data mining technologies appropriately in order to realize www.degroote.mcmaster.ca 4KG3-Winter 2017 2 of 5 their real business value. Students will gain hands-on experience through assignments and learn from real world practice through seminar presentation. The course will cover the following topics: • • • • • The need for business intelligence Data mining concepts, methods, and process Data mining technologies Data mining applications Data mining case studies LEARNING OUTCOMES Upon completion of this course, students will be able to complete the following key tasks: Understand the basic concept of business intelligence Understand the basic concept and the process of data mining Learn basic data mining technologies Learn how to use business intelligence to solve business problems REQUIRED COURSE MATERIALS AND READINGS [Shmueli] Galit Shmueli, Nitin Patel, and Peter Bruce, Data Mining for Business Intelligence: Concepts, Technologies, and Applications in Microsoft Office Excel with XLminer, 2nd edition, John Wiley & Sons, Inc. 2010, (ISBN 978-0-470-52682-8) OPTIONAL COURSE MATERIALS AND READINGS Reference Textbook (Reserved in INNIS Library) [Turban] Efraim Turban, Ramesh Sharda, Dursun Delen, David King, Business Intelligence: A Managerial Approach, 2nd edition, Pearson Prentice Hall, 2010. [Liebowitz] Jay Liebowitz (Editor), Big Data and Business Analytics, CRC Press, 2013 http://books.google.ca/books?hl=en&lr=&id=Oq9znTz7FGoC&oi=fnd&pg=PP1&dq=big+data+a nd+business+analytics&ots=JRYMAILyBs&sig=puOmoh51sJzGsdMIRU1u2HVvJI#v=onepage&q=big%20data%20and%20business%20analytics&f =true Reference Material on the Web [W1] The resource for business intelligence http://www.businessintelligence.com/ [W2] SAS Business Intelligence http://www.sas.com/technologies/bi/ [W3] Microsoft Business Intelligence http://www.microsoft.com/bi/ [W4] Data warehouse information centre http://www.dwinfocenter.org/ [W5] Guide to Data Mining http://www.data-mining-guide.net/ [W6] BI service Adastra Canada http://www.adastracorp.com/ [W7] Dataset for data mining http://www.kdnuggets.com/datasets/ [W8] Data Mining Book http://www.dataminingbook.com/ [W9] Conferences / Workshops http://www.kmining.com/info_conferences.html [W10] XLMiner online help http://www.resample.com/xlminer/help/Index.htm www.degroote.mcmaster.ca 4KG3-Winter 2017 3 of 5 EVALUATION Learning in this course results primarily from reading, in-class discussion, assignments, term papers, and exams. Final exam is in the form of multiple choices and sort-answer questions. Your final grade will be calculated as follows: Components and Weights Assignment 1 Assignment 2 Assignment 3 Assignment 4 Student Seminar Final Exam Total Data warehouse modeling Decision tree analysis Association analysis Neural Networks Business intelligence applications 10% 10% 10% 10% 10% Cover materials for the entire course 50% 100% CLASS SCHEDULE (SUBJECT TO POSSIBLE MODIFICATION) Week Date Topic Readings/Assignments 1 Jan. 10 Introduction to business intelligence [Turban] Ch.1 2 Jan. 17 Data warehousing [Turban] Ch. 2 3 Jan. 24 Business Analytics and data visualization [Turban] Ch. 3 [Shmueli] Ch. 3 Assignment 1 due 4 Jan. 31 Business driven data mining objectives and process [Shmueli] Ch. 1, 2 [Groth] Ch. 1, 2, 3 [Turban] Ch. 4, 5 Student seminar proposal due 5 Feb. 7 Data exploration and dimension reduction, Evaluating classification and prediction performance [Shmueli] Ch. 3, 4, 5 Student seminar 1 6 Feb. 14 Simple classification methods [Shmueli] Ch. 7, 8 Feb. 20 - 26 Mid-term Recess www.degroote.mcmaster.ca 4KG3-Winter 2017 4 of 5 7 Feb. 28 Classification Decision tree and Discriminant analysis [Shmueli] Ch. 9, 12 Assignment 2 due 8 Mar. 7 Association rules and clustering analysis [Shmueli] Ch. 13, 14 Student seminar 2 9 Mar. 14 Prediction algorithms: Multiple linear regression and Logistic regression [Shmueli] Ch. 6, 10 Assignment 3 due 10 Mar. 21 Neural Networks [Shmueli] Ch. 11 Student seminar 3 11 Mar. 28 Business performance management [Turban] Ch. 3, 6 Assignment 4 due 12 April 4 Guest speech (to be arranged) Student seminar 4 Student Seminar Guidelines Objective: To present a research topic that investigate the application, the new trend, and the issues associated with data mining and business intelligence. Students are expected to work as a team with up to 3 students. Topic Selection: The topic of your research may be on any contemporary issue relating to data resource management technology and business applications. Following are suggested but not limited topics: 1. Issues and challenges of big data and BI 2. Review business intelligence applications in a special field 3. Business intelligence case study 4. Advances of data mining technologies 5. Security and privacy issues of big data collection and data mining 6. Data mining application success factors 7. New trends of big data and business intelligence www.degroote.mcmaster.ca 4KG3-Winter 2017 5 of 5 Tasks: 1. Students are expected to form a team with up to 3 students and submit a proposal for the topic presentation. The proposal should include the team member name, title, brief description of the topic under investigation, and preference for the date of presentation within four seminar slots indicated in class schedule. 2. Student teams will be assigned to present their topic in one of the four student seminar slots. 3. Students may search and collect relevant information from news and articles from variety of sources but mainly from internet. You need to have clear focus and to organize your presentation in a meaningful way. 4. Students will make a PowerPoint presentation with about 10-15 slides. And make 10 minutes presentation. The slides should be submitted to the drop box the day before presentation. 5. Student presentation will be evaluated by classmates and the instructor based on the value of the content and presentation logic and skill. www.degroote.mcmaster.ca