A INHOUSE INDUSTRIAL SKILL BASED TRAINING REPORT ON BUSINESS ANALYTICS TITLE OF THE REPORT Submitted in the partial fulfillment of the degree of Bachelor of Business Administration (2020) SUBMITTED BY: PAAWAN SHARMA NAME OF THE STUDENT : PAAWAN SHARMA ENROLLMENT NO.50421001724 Under the guidance of DR.SUMIT KUMAR DEBNATH SENIOR.ASSISTANT PROFESSOR Ideal Institute of Management & Technology (16 X, Karkardooma Institutional Area, Delhi-92) CERTIFICATE This is to certify that Training Report entitled business analytics is bonafide work carried out by Paawan sharma Student of BBA, Ideal Institute of Management and Technology (affiliated to GGSIP University, Delhi) in partial fulfilment of the requirement for the award of degree of Bachelor of Business Administration, under my guidance & direction. To the best of my knowledge and belief the data & information presented by him/her in the report has not been submitted for the award of any other degree. Dr. Sumit Kumar Debnath (Sr. Asst. Prof.) ACKNOWLEDGEMENT I am submitting this training report for the program of Bachelor of Business Administration on “business analytics ” for Ideal Institute of Management & Technology Affiliated to Guru Gobind Singh Indraprastha University. It has been a great challenge but a plenty of learning and opportunities to gain a huge amount of knowledge on the way of writing this report. I could not have completed my training without the constant guidance of Dr. Sumit Kumar Debnath, my supervisor, who helped me along the way and was always prepared to give me feedback and guidelines whenever I needed it. Paawan sharma 50421001724 Signature: Date: MICROSOFT EXCEL INTRODUCTION TO MICROSOFT EXCEL 1) WHAT IS EXCEL? Excel is a software application developed by Microsoft. It is used for creating, editing, and managing spreadsheets— documents that contain data organized in rows and columns. 2. Main Features of Excel: Spreadsheets: Excel uses a grid of cells, arranged in rows (horizontal) and columns (vertical). Cells: Each intersection of a row and column is called a cell. You can store information, like text, numbers, or formulas, in each cell. Workbooks: A single Excel file is called a workbook, and it can contain multiple worksheets (individual tabs in the workbook). 3. What You Can Do in Excel: Data Entry: You can enter text, numbers, and dates into cells. Mathematical Calculations: Excel can do basic to complex calculations (addition, subtraction, multiplication, division) using formulas. Charts and Graphs: Excel allows you to visualize data in charts and graphs like pie charts, bar graphs, and line graphs. Sorting & Filtering: You can sort data alphabetically or numerically and filter it to display only the data you need. Data Analysis: Excel offers powerful tools for analyzing data, like PivotTables, conditional formatting, and statistical functions. 4. Excel Functions & Formulas: Excel has built-in functions that perform calculations automatically. Some common ones are: o SUM(): Adds up a range of numbers. o AVERAGE(): Calculates the average of numbers. o IF(): Performs a test and returns one value if true and another if false. o VLOOKUP(): Looks up a value in a table and returns related information. Formulas are simply expressions that start with an equal sign (=) and use these functions. 5. Formatting Data: Font & Color: You can change the font style, size, and color of text. Cell Formatting: You can adjust cell size, borders, and Number Formatting: You can format numbers as currency, percentages, or dates to make data more readable. 6. Advanced Features: Macros: Excel allows you to automate repetitive tasks using macros, which are scripts you can create to perform actions automatically. Data Validation: You can set rules to control the type of data entered into cells (e.g., restrict input to only numbers or dates). Collaboration: Multiple users can work on the same Excel file in real-time, especially with tools like Excel Online or OneDrive. 7. Why is Excel Important? Organization: Excel helps you organize data in a structured and easily readable format. Efficiency: It speeds up calculations and data analysis, saving time on manual work. Flexibility: Whether for business, finance, or personal use, Excel can adapt to a variety of tasks, from budgeting to project management. 8. Common Uses of Excel: Business: Creating financial reports, budgets, and sales tracking sheets. Education: Analyzing student grades, attendance, and performance data. Personal Use: Managing personal finances, to-do lists, and event planning. Data Analysis: Performing detailed analysis using large datasets and advanced functions. Why it/s useful 1. Organizes Data Excel arranges data neatly in rows and columns, making it easier to manage and understand. 2. Quick Calculations You can do math quickly, from simple addition to complex formulas, saving you time. 3. Data Analysis Excel helps you analyze data by summarizing, filtering, and calculating it to find patterns and trends. 4. Visualize Data You can create charts and graphs (like pie charts, bar graphs) to make data easier to understand and present. 5. Saves Time Excel speeds up tasks, like updating numbers or doing calculations automatically, with formulas. 6. Tracks Information It’s perfect for tracking things like budgets, inventory, sales, or projects. 7. Easy to Use While it may seem complicated at first, Excel is user-friendly for everyday tasks and can be learned quickly. 8. Helps with Decision-Making Excel makes it easier to analyze data, which helps you make better decisions in business, finance, and personal life. 9. Customizable You can design your spreadsheets the way you need, from simple lists to detailed reports. 10. Collaboration You can share and work on Excel files with others in real time, making teamwork easier. 11. Error Prevention Excel helps reduce mistakes by using built-in functions, and you can set rules to prevent incorrect data entry. 12. Universal Tool It’s widely used across different industries, so it’s easy to share files and collaborate with others. 13. Handles Large Data Excel can manage both small and large sets of data, making it flexible for any size project. 14. Cost-Effective You don’t need multiple tools for different tasks—Excel can do everything from budgeting to data analysis. 15. Easy to Learn Even beginners can quickly start using Excel for basic tasks, and then grow into more advanced features over time. Excel importance 1. Helps Organize Data Keeps your information neatly arranged in rows and columns, making it easy to read and understand. 2. Makes Calculations Fast You can quickly add, subtract, multiply, and divide numbers using formulas, saving you time. 3. Improves Decision-Making By analyzing and summarizing data, Excel helps you make smarter choices in business, finance, or personal matters. 4. Visualizes Data You can turn numbers into charts or graphs to see trends and patterns easily. 5. Saves Time Excel can automate tasks like calculations, reducing the time spent on manual work. 6. Tracks Important Info Helps you keep track of things like expenses, sales, or projects so you don’t forget key details. 7. Easy to Learn Even beginners can quickly use Excel for basic tasks, and then grow into more advanced features. 8. Widely Used Many people and businesses use Excel, so knowing it helps you in many situations—whether at work or in everyday life. 9. Supports Collaboration You can share files and work on them together with others, making teamwork easier. 10. Prevents Mistakes Excel can help catch errors by using formulas and data validation, making your work more accurate. 11. Handles Large Data Whether it's a small list or a big database, Excel can handle a lot of information without slowing down. 12. Cost-Effective don’t need several different programs—Excel can do many tasks, from budgeting to data analysis. AGGREGATE FUNCTION An aggregate function in Excel (or any data tool) is a function that combines multiple values into a single summary value. It helps to calculate or summarize data over a range of cells. 1. SUM: Adds up a range of numbers. Example: =SUM(A1:A5) adds all values from cells A1 to A5. 2. AVERAGE: Calculates the average (mean) of a range of numbers. Example: =AVERAGE(B1:B5) gives the average of values from B1 to B5. 3. COUNT: Counts how many cells contain numbers. Example: =COUNT(C1:C5) counts how many cells from C1 to C5 have numbers in them. 4. MIN: Finds the smallest value in a range. Example: =MIN(D1:D5) returns the smallest number in cells D1 to D5. 5. MAX: Finds the largest value in a range. Example: =MAX(E1:E5) returns the largest number in cells E1 to E5. Common String Functions (with simple examples) 1. Length • Tells you how many characters are in the string. • Example:"hello" has 5 characters.len("hello") → 5 2. Uppercase and Lowercase • Change letters to all caps or all small. • Example:"hello".upper() → "HELLO" "HELLO".lower() → "hello" 3. Concatenation • Join two strings together. • Example: "Hello" + " World" → "Hello World" 4. Substring • Get part of a string. • Example: "Hello"[0:3] → "Hel" (starts at position 0, ends before 3) 5. Find or Index • Find where a word or letter appears. • Example:"apple".find("p") → 1 (because “p” is at index 1) 6. Replace • Change part of the string. • Example:"hello".replace("e", "a") → "hallo" 7. Strip • Remove spaces from start and end. • Example:" hello ".strip() → "hello" Date function NOW TODAY DATE YEAR MONTH DAY EO MONTH VLOOKUP FUNCTION What is VLOOKUP? 1. VLOOKUP stands for Vertical Lookup. 2. It is used to find data in a table by looking up a value in the first column. 3. It then returns a value from the same row in another column. Simple Example Imagine this small table: ID 101 102 103 Name Marks John 85 Mary 90 Alex 78 You want to find Mary’s marks using her ID (102). Formula: php CopyEdit =VLOOKUP(102, A2:C4, 3, FALSE) Explanation: 102 → This is the ID you're searching for. A2:C4 → This is the table (ID, Name, Marks). 3 → The 3rd column has the Marks. FALSE → You want an exact match. Result: 90 HLOOKUP FUNCTION 1. HLOOKUP stands for Horizontal Lookup. 2. It is used to search for a value in the first row of a table (side to side). 3. It returns a value from the same column, but from a different row. 4. Think of it as the horizontal version of VLOOKUP. Simple Example Let’s say we have this data: A B C Name John Mary Alex Marks 85 90 78 You want to find the marks of Mary. Formula: php CopyEdit =HLOOKUP("Mary", A1:C2, 2, FALSE) Explanation: "Mary" → This is what we’re looking for (found in first row). A1:C2 → This is our table. 2 → We want the value from the 2nd row (Marks). FALSE → We want an exact match. Result: 90 What Are Charts and Graphs in Excel? Charts and graphs in Excel are tools that help you turn numbers into pictures. They make it easier to understand and compare data. Instead of just looking at numbers in rows and columns, charts help you see patterns, trends, and differences. Why Use Charts in Excel? To make data easy to understand To spot trends and changes over time To compare different sets of data To present your work clearly and professionally Types of Charts in Excel (with Simple Explanation): Chart Type What It Shows Compares values using Column vertical bars Chart Same as column but Bar Chart horizontal Line Chart Shows trends over time Pie Chart Shows parts of a whole Doughnut Chart Like a pie chart but with a hole Example Sales by month Votes in an election Temperature changes daily Market share by company Budget distribution Chart Type What It Shows Example Like a line chart but filled Cumulative sales Area Chart with color Shows the relationship Age vs. income Scatter Plot between two sets of data Shows frequency (how often Exam score ranges Histogram things happen) Shows how values go up or Waterfall Profit calculation down in steps Chart Sales (bars) + Combo Mix of two charts Target (line) Chart How to Create a Chart in Excel (Step-by-Step): 1. your data into cells. 2. Select the data (including headers like "Month" and "Sales"). 3. Click on the Insert tab in the menu. 4. Choose the chart type you want (Column, Pie, Line, etc.). 5. Excel creates the chart Enter instantly! 6. You can customize it: add titles, change colors, and more. Tips for Choosing the Right Chart: Use column or bar charts to compare categories. Use line charts to show trends over time. Use pie or doughnut charts for percentages. Use scatter plots to explore relationships. Use combo charts when comparing different types of data. PIVOT TABLE WHAT IS PIVOT TABLE A Pivot Table is a powerful data analysis and summarization tool used in spreadsheet applications like Microsoft Excel, Google Sheets, and other data tools (like Tableau, Power BI). It allows users to automatically sort, count, total, or average data stored in a table or spreadsheet and display the results in a new table, showing different views of the data. Key Concepts of a Pivot Table 1. Rows-These are the categories or fields you want to display in the rows of your pivot table. For example, if you’re analyzing sales data, you might use “Region” or “Product” as row fields. 2. Columns-These define how the data will be spread across columns. Continuing the sales example, you could use “Month” or “Salesperson” as column headers. 3. Values-This section contains the data to be summarized. These are typically numeric values like sales amount, profit, or quantity. You can choose summary functions like: • Sum • Average • Count • Max / Min • Standard deviation 4. Filters-Filters allow you to restrict what data is shown in the pivot table. You can use fields like date, product type, or region to narrow down the displayed data Why Use a Pivot Table? • To quickly summarize large datasets • To group and reorganize data dynamically • To create custom reports without altering the original • To perform data-driven decision-making How to Create a Pivot Table in Excel 1. Select the data you want to analyze. 2. Go to the Insert tab. 3. Click on Pivot Table. 4. Choose where to place the table (new or existing worksheet). 5. You will see a Pivot Table Field List: • Drag fields to Rows, Columns, Values, and Filters. 6. Done! You can now sort, filter, and customize the summary. Common Calculations in Pivot Tables • Sum – Total of numbers (default for sales, money) • Count – Number of entries • Average – Mean value • Max/Min – Highest or lowest values Advantages of Pivot Tables • No need to write formulas • Drag-and-drop interface • Easy to update when data changes • Supports large datasets • Can be refreshed when source data is updated Limitations of Pivot Tables • Can’t handle data that’s too unorganized or with many missing values • Needs a proper table format (no merged cells) • Some learning curve for beginners POWER BI WHAT IS POWER BI Power BI is a Business Intelligence (BI) tool developed by Microsoft. It helps you collect, analyze, visualize, and share data in a way that is easy to understand and useful for making decisions. Why use Power BI? Imagine you have data in Excel, databases, or online sources. Looking at raw numbers can be confusing. Power BI turns that data into interactive charts, graphs, and dashboards so you can understand what’s going on in your business or project. Key Features of Power BI: 1. Data Connection: • Connects to different types of data sources like Excel, SQL Server, Google Analytics, SharePoint, etc. • It can combine data from multiple sources. 2. Data Transformation: • Using a tool called Power Query, you can clean and prepare your data (like removing blanks, filtering rows, etc.). 3. Data Modeling: • You can create relationships between different data tables. • Use DAX (Data Analysis Expressions) to create formulas and custom calculations. 4. Data Visualization: • Create reports using bar charts, pie charts, maps, tables, and more. • Visualizations are interactive—clicking on one chart filters others. 5. Dashboards: • Combine different visuals into a single page called a dashboard. • Dashboards are great for monitoring key metrics at a glance. 6. Sharing and Collaboration: • Share your reports and dashboards with others via Power B Service (online). • View on web, mobile, or embed in other apps like Microsoft Teams or SharePoint. 7. AI Capabilities: • Use built-in artificial intelligence to find trends and make predictions. Components of Power BI: 1 Power BI Desktop: • Free application for Windows to create reports and visualizations. 2. Power BI Service: • Online platform (cloud-based) to share and view dashboards. 3. Power BI Gateway: • Connects on-premises data (like from your office server) to the Power BI Service. 4. Power BI Report Server: • Host Power BI reports on your own server instead of online Benefits of Power BI: • Easy to use • Saves time in analyzing data • Helps in making informed decisions • Interactive and dynamic reports • Works with Microsoft tools like Excel and Teams Who uses Power BI? • Business Analysts • Data Analysts • Managers • Executives • Anyone who needs to understand and share data Example Use Case: Let’s say a retail company wants to know: • Which products are selling best? • Which regions are performing poorly? • What is the monthly profit? Power BI can connect to sales data, create visual reports, and present insights clearly. Managers can then make decisions based on that information. EXCEL VS POWER BI Excel: 1.A spreadsheet tool mainly used for calculations, organizing data, and creating charts. 2. You can enter data manually, use formulas, create pivot tables, and build graphs. 3. Great for day-to-day business tasks like budgeting, forecasting, or making quick reports. Power BI: 1.A data visualization and business intelligence tool. 2.It connects to large amounts of data from different sources (databases, cloud, Excel, etc.), processes it, and turns it into interactive reports and dashboards. 3,Designed for advanced analysis and sharing insights across teams and organizations. Feature Excel Power BI Business Spreadsheet & general data Intelligence & data Purpose analysis visualization Familiar, especially for non- More advanced UI, Ease of Use technical users but user-friendly Optimized for Data Volume Slower with large datasets handling large Handling datasets Feature Excel Power BI Advanced data Limited (Power Pivot Data modeling with improves it) Modeling DAX Rich, interactive, Visualizations Basic to intermediate charts and dynamic visuals Power Query, Automation VBA, macros, Power Query DAX, automated refreshes Power BI Service, Collaboration Shared files, OneDrive dashboards, cloud& Sharing based Native real-time Manual refresh or complex Real-time dashboards via Data Updates setups gateways Free desktop Part of Microsoft 365 version; Pro Cost requires license Moderate (especially for Learning Low to moderate DAX, data Curve modeling) When to Use Excel 1.You’re doing financial modeling, ad hoc analysis, or simple data manipulation. 2.You prefer working with pivot tables, formulas, andmanual entry. 3.You're collaborating via email or OneDrive. 4.You need a flexible workspace to do custom computations or text-based logic. When to Use Power BI 1.You need interactive dashboards and reports. 2.You're working with large datasets or pulling from multiple data sources. 3.You want to automate scheduled data refreshes or create real-time reports. 4.You require role-based access, sharing via cloud, or embedding in apps/sites. 5.You want to perform advanced analytics, like forecasting or trend analysis. VISUALIZATIONS AND DASHBOARDS What is a Visualization? A visualization is just a picture of your data. Instead of looking at numbers in a table, you use charts and graphs to make it easier to understand patterns, trends, and insights. Example: If you have sales numbers for every month, a line chart can show if your sales are going up or down over time. What is a Dashboard? A dashboard is a collection of visualizations all shown on one screen. It gives a quick overview of important information, so people can understand what's going on at a glance. EXAMPLE-Think of it like the dashboard in a car — it shows speed, fuel level, temperature, etc., in one place. Types of Visuals (Charts) and What They Show Chart Type What It Shows Example Use Case Compare different items Sales by region Similar to bar chart, but Revenue by product vertical Website visitors per Trends over time Line Chart month Percentages or parts of Market share by Pie Chart a whole company Like a pie chart with a Product category share Donut Chart hole in the middle Data across Sales by country Map locations/geography Data in rows and Detailed order Table columns (like Excel) information Shows a single number Total sales this month Card (KPI) Progress towards a goal Target vs. actual sales Gauge Compare parts of a Sales by product and Stacked Chart whole over time region A button/filter to Filter data by year, change what data is Slicer product, etc. shown Bar Chart Column Chart Simple Steps to Create a Dashboard 1. Get Your Data Collect your data from Excel, a database, or online. Make sure the data is correct and clean (no blanks or errors). 2. Open Your Tool Open Power BI Desktop or Excel. Import or connect your data. 3. Choose What You Want to Show Decide what’s important to show on the dashboard: Total Sales? Sales by Region? Monthly Trends? Top Products? 4. Create Visuals (Charts) Add charts to show your data: Bar/Column Chart → Compare values Line Chart → Show changes over time Pie Chart → Show parts of a whole Card → Show a single number (like Total Sales) 5. use Filters or Slicers Add filters (called slicers in Power BI) to let users choose: By Year By Region By Product 6. Arrange Your Dashboard Organize the visuals neatly on the page. Put the most important numbers at the top. Keep it clean and easy to read. 7. Save and Share In Power BI → Publish to Power BI Service to share online. In Excel → Save and share the file, or upload to OneDrive/SharePoint CONCLUSION Through this practical file, I have gained a deeper understanding of how to use Power BI / Excel for data analysis and visualization. I learned how to manage large sets of data, clean and organize them, and use various tools to create useful charts, tables, and dashboards. These features helped me see how data can be turned into meaningful insights. Working with Power BI / Excel has also taught me how important it is to present information clearly and accurately. I practiced using different functions, formulas, and visualization techniques that can be used in real-life situations, such as making reports, summaries, or tracking progress. This practical experience has improved my problem-solving and analytical skills. It has also shown me the value of data in decision-making, whether it is for a business, a project, or personal use. I feel more confident in using Power BI / Excel, and I now understand how powerful these tools are for anyone working with data. Overall, this practical file has been very helpful and informative, and it has built a strong foundation for more advanced learning in the future. THANK YOU
0
You can add this document to your study collection(s)
Sign in Available only to authorized usersYou can add this document to your saved list
Sign in Available only to authorized users(For complaints, use another form )