Business Analytics and Visualization using Microsoft Power BI
Course Overview:
This 2-month course is designed to equip learners with essential business analytics skills, focusing on data analysis, reporting, and visualization using Microsoft Power BI and other related tools. Through practical hands-on assignments and projects, students will gain proficiency in transforming raw data into meaningful insights that drive decision-making. The course will cover key concepts, tools, and techniques used in the business analytics field, preparing participants for industry roles.
Prerequisites:
- Basic understanding of Excel or spreadsheets.
- Familiarity with data concepts (e.g., data types, tables, basic analysis).
Course Outline:
Week 1: Introduction to Business Analytics and Power BI
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Lecture Topics:
- Introduction to Business Analytics: Definition, Scope, and Importance.
- Overview of Data Analytics Life Cycle.
- Introduction to Microsoft Power BI: Features and Benefits.
- Power BI Desktop vs Power BI Service vs Power BI Mobile.
- Installation and Setup of Power BI Desktop.
- Understanding Power BI Interface: Ribbon, Visualizations, Fields, and Report View.
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Hands-on Activity:
- Loading and importing data into Power BI.
- Exploring sample datasets.
- Simple data cleaning techniques in Power BI.
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Assignment 1:
- Import a dataset from Excel into Power BI and perform basic data exploration. Create a simple report displaying key metrics.
Week 2: Data Transformation and Cleaning in Power BI
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Lecture Topics:
- Data Transformation Basics: Introduction to Power Query Editor.
- Data Cleaning Techniques: Removing duplicates, handling null values, splitting columns.
- Working with Date and Time: Creating Date Tables and Time Intelligence.
- Using Power Query to merge, append, and transform data from different sources.
- Introduction to Data Types and Data Modeling in Power BI.
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Hands-on Activity:
- Data transformation using Power Query.
- Working with different data sources (Excel, CSV, Database).
- Building custom columns and measures.
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Assignment 2:
- Clean and transform a given dataset and prepare it for visualization.
Week 3: Data Modeling and Relationships
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Lecture Topics:
- Understanding Relationships: One-to-One, One-to-Many, Many-to-Many.
- Designing a Data Model: Creating Relationships and Setting Cardinality.
- Introduction to Star Schema and Snowflake Schema in Power BI.
- Role of Fact and Dimension Tables.
- Introduction to DAX (Data Analysis Expressions): Basic Calculations.
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Hands-on Activity:
- Create a basic data model with multiple tables.
- Implement relationships between tables and use simple DAX functions.
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Assignment 3:
- Build a data model for a sales dataset and create relevant measures using DAX.
Week 4: Data Visualization Techniques in Power BI
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Lecture Topics:
- Introduction to Power BI Visuals: Types of Visualizations (Bar, Line, Pie, Table, etc.).
- Choosing the Right Visual: When to use what type of visualization.
- Custom Visuals and Marketplace in Power BI.
- Advanced Visuals: Tree Maps, Waterfall Charts, KPI Indicators, and Combo Charts.
- Formatting and Interactivity: Conditional formatting, slicers, drill-through.
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Hands-on Activity:
- Building various types of visualizations based on a sample dataset.
- Applying filters and slicers to dashboards.
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Assignment 4:
- Create a dashboard using multiple visuals to show different perspectives of sales performance.
Week 5: Advanced DAX and Calculations
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Lecture Topics:
- Advanced DAX Functions: CALCULATE, FILTER, ALL, and Time Intelligence Functions.
- Aggregation Functions in DAX: SUM, AVERAGE, COUNTROWS.
- Creating Calculated Columns and Measures.
- Working with Date Functions and Time Intelligence (Year-to-Date, Month-to-Date, Moving Averages).
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Hands-on Activity:
- Use DAX to create custom metrics and KPIs.
- Practice working with time-based calculations and filtering data.
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Assignment 5:
- Implement time intelligence in a sales report (e.g., Year-to-Date, MTD, QTD calculations).
Week 6: Power BI Reports and Dashboards
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Lecture Topics:
- Building Interactive Reports and Dashboards.
- Report Layout and Design Best Practices.
- Utilizing Bookmarks and Buttons for navigation.
- Embedding Reports and Dashboards in Power BI Service.
- Introduction to Power BI Publishing and Sharing Reports.
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Hands-on Activity:
- Creating interactive reports and applying slicers for dynamic filtering.
- Publishing reports to Power BI Service and sharing with others.
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Assignment 6:
- Create and share a dashboard using Power BI Service.
Week 7: Advanced Reporting and Custom Visuals
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Lecture Topics:
- Introduction to Power BI Themes and Customization.
- Custom Visualizations in Power BI: Custom Visuals Gallery and Custom Visuals SDK.
- Using Power BI with Excel: Integration and Analysis.
- Power BI Embedded: Embedding Power BI Reports in applications.
- Power BI Performance Optimization Techniques.
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Hands-on Activity:
- Customize reports using themes and custom visuals.
- Integrate Power BI reports into Excel and SharePoint.
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Assignment 7:
- Design a custom Power BI visual and integrate it into an existing report.
Week 8: Power BI Service, Sharing, and Publishing Reports
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Lecture Topics:
- Power BI Service Overview: Dashboards, Reports, Workspaces.
- Scheduling Data Refreshes and Data Gateways.
- Power BI Pro vs Power BI Premium: Understanding Licensing and Cost.
- Collaboration and Sharing Reports in Power BI Service.
- Power BI Mobile App: Features and Publishing to Mobile.
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Hands-on Activity:
- Publishing, refreshing data, and sharing reports in Power BI Service.
- Creating dashboards in Power BI Service and sharing them with team members.
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Assignment 8:
- Publish and share a dashboard via Power BI Service. Set up automatic data refresh.
Projects (15 Projects)
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Project 1: Sales Dashboard
Create a sales performance dashboard for a retail store using Power BI with key metrics such as total sales, average order value, and sales by region. -
Project 2: Customer Segmentation
Use clustering techniques to segment customers based on purchasing behavior and visualize the results. -
Project 3: Financial Reporting
Build a financial reporting dashboard showing profit margins, revenue growth, and cost analysis over time. -
Project 4: Marketing Campaign Analysis
Analyze the performance of marketing campaigns across different channels and present results in a Power BI report. -
Project 5: HR Analytics Dashboard
Build a dashboard to analyze employee retention, satisfaction, and department performance. -
Project 6: Retail Store Performance Dashboard
Track key metrics like foot traffic, conversion rates, and sales per employee. -
Project 7: E-commerce Website Analysis
Analyze website traffic and sales performance over time. -
Project 8: Inventory Management Dashboard
Create a dashboard to track inventory levels, turnover rates, and order fulfillment efficiency. -
Project 9: Customer Satisfaction Analysis
Analyze customer feedback and survey data to understand satisfaction levels. -
Project 10: Supply Chain Optimization
Build a Power BI model to visualize key supply chain metrics and identify bottlenecks. -
Project 11: Market Share Analysis
Compare company performance against competitors over time. -
Project 12: Budgeting and Forecasting
Build a financial forecasting dashboard using historical data. -
Project 13: Risk Management Dashboard
Analyze risk indicators (e.g., financial, operational, compliance risks) and display them on a dashboard. -
Project 14: Social Media Analytics
Analyze social media metrics and track trends over time. -
Project 15: Sales and Marketing Integration
Create an integrated dashboard combining sales data with marketing efforts.
Final Project
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Objective:
Develop a complete Power BI report/dashboard for a company, integrating data from multiple sources (sales, marketing, finance, HR) to provide comprehensive business insights. -
Deliverables:
- A fully interactive report/dashboard.
- A detailed analysis of the data with key insights.
- A presentation summarizing the findings and recommendations.
Job Opportunities and Average Salary
Job Titles:
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Business Intelligence Analyst
- Responsibilities: Data analysis, report building, dashboard creation, business insights.
- Average Salary: $70,000 – $100,000 per year.
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Data Analyst
- Responsibilities: Data cleansing, modeling, visualization, and reporting.
- Average Salary: $60,000 – $90,000 per year.
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Power BI Developer
- Responsibilities: Developing Power BI reports, dashboards, and implementing DAX calculations.
- Average Salary: $80,000 – $120,000 per year.
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Data Scientist
- Responsibilities: Advanced analytics, machine learning models, predictive analysis.
- Average Salary: $90,000 – $130,000 per year.
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Business Analyst
- Responsibilities: Identifying business requirements, analyzing data, creating reports.
- Average Salary: $70,000 – $110,000 per year.
Conclusion:
By the end of this course, participants will have a strong command of Microsoft Power BI and other analytics tools, along with a comprehensive portfolio of projects. The course aims to prepare learners for immediate job placement in business intelligence, analytics, or related fields. With solid experience in hands-on projects and a final capstone, participants will be well-positioned to secure lucrative roles in the analytics domain.