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How does the finance sector leverage on Business Analytics?

06 Nov 2012


How does the finance sector leverage on Business Analytics?

On 31 Oct 2012, Mr. Eric Sandosham, Managing Director & Head of Asia Pacific Decision Management Citibank N.A., shared with SP students and staff on an overview of Business Analytics and Big Data. The talk was attended by students taking the Business Analytics module from the Diploma in Business Information Technology, Diploma in Infocomm Security Management and Diploma in Information Technology, and staff from the School of Digital Media and Infocomm Technology and the School of Mathematics and Science.

Audience listening intently to the talk on "How Citibank leverages business analytics for their business"
Mr Sandosham shared with the audience on the concepts of business analytics and how it adds value to a financial organization such as Citibank. He shared stories on how Citibank applied BA and leveraged on BA to improve profitability.

He shared with students on the types of skillsets required to be a successful Business Analyst, such as having an analytical and creative mindset in framing problems, having a good understanding of statistics and business domain knowledge, good IT programming skills, and good presentation and communication skills.

Needless to say, this thoroughly intrigued our students and created an awareness of how BA could be deployed for competitive advantage.

Our guest speaker, Mr Eric Sandosham, Managing Director & Head of Asia Pacific Decision Management Citibank N.A.
"It was a fantastic session as it allowed me to gain more in-depth knowledge about Business Analytics." – Alvin Ang, DBIT 3rd Year student.

"This talk was definitely helpful for my understanding in Business Analytics and Big Data. One of the things I took away from the talk was that we need to know what we want from the massive data and how to manage it. Now I know that Big Data comprises of three key components; velocity, variety and volume" – Shi Hui, DBIT 3rd Year student

 

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