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Syllabus Fall 2015 Course: Professor: Email: Office Hours: Office Phone: Data Mining (Mgmt 635) Stephan Kudyba [email protected] Mon & Wed (4:00 – 5:30p.m.) & by appointment. (973) 642-4693 Course Objective Mgmt 635 is designed to provide the student with an understanding of both the theoretical base of prominent data mining methodologies along with how data mining can be used in the business environment to enhance operational efficiency. Concepts covered include: Data management conceptual model building, statistical analysis and building mining models for a variety of business applications. These objectives are accomplished through the utilization of relevant textbooks, case studies, software demonstrations and hands on data analysis (class project). The student should leave this course with a sound understanding of how to utilize data mining to enhance business productivity in a variety of business applications. The concept of big data will be covered throughout the semester. Course Requirements (Overview): Students will be responsible for assigned readings both from the required text and additional readings when noted. Additional readings often require a summary to hand in due the following class. Class lectures will include illustrations of Data Mining software to support topics. There is a no-laptop/internet browsing policy in this class. Required Text: “Data Mining and Business Intelligence: A Guide to Productivity” by S. Kudyba & Hoptroff (IDEA Group Pub, 2001). “Managing Data Mining: Advice from Experts” by Stephan Kudyba (CyberTech Publishing 2004). Grading Criteria: Mid-Term Exam Final-Exam Projects Class Participation & Case Summaries 35% 35% 25% 5% Project: Depending on class size, projects will be individual or group. Students will be assigned a Data Mining project which will require an entire management/business plan. (Details to be discussed). Class Slides Slides of corresponding lectures will be distributed before class in either hard copy form or email. There is a no internet browsing policy in this class. Academic integrity and honesty are core elements to this course. The NJIT Honor Code will be upheld Course Outline: Part I: Developing the Theoretical Groundwork for Data Mining and Business Modeling. Sep 8 - Introduction to Corporate Productivity (Business Strategy, Business Intelligence and Data Mining in the “New Economy”). (Chapter 1 DM&BI). Sep 14 - A Closer Look at Data Mining Techniques (Regression, Clustering, Neural Networks and Segmentation) and Visualization. (Chapters 1 & 2 DM&BI). Sep 21 - A Review of Statistical Inference Testing in Business Modeling. Sep 28 - Essential Steps to Conducting a Robust Mining Analysis, (Asking the right questions, Data Warehousing and normalization issues). Chapter 3 DMBI. Oct 5 - Continuation of the Steps to Success and an introduction to Data Mining and Six Sigma. (Chapter 3 & Appendix 4 DMBI). Project details announced. Intro to SAS Mining technology Oct 12 - Using Unstructured Data as a modeling resource. (Outside reading). Oct 17 - Mid-Term Exam (Theoretical Groundwork has been Completed) Part II (Applications in the world of Commerce) Oct 26 - Post Mid-Term Quick overview and an In-Depth analysis of Advertising, Marketing and Pricing analysis. (Chapter 5 DMBK, 8 DMExperts). Nov 2 - Data Mining in e-commerce/click and mortar world. Privacy issues and data. (Chapters 6&7 DMBI). Affinity and Sequence Analysis. Project Discussions. Nov 9 - A Detailed Look at Data Mining for CRM and HCM Applications. (Chapter 4 DMExperts) Nov 16 - Mining Business Models on an Enterprise Basis. (Chapter 8DMBI). Nov 23 - Project Presentations Nov 30 - Data Mining and Healthcare Dec 7 - Final Exam Details