You’re looking for a complete course on understanding HR Analytics using Excel to drive business decisions, right?
You’ve found the right HR Analytics using MS Excel course! HR analytics provides scientific support to decision-making concerning a firm’s human resources. This course addresses the topic of HR analytics with a practical focus, focusing especially on demystifying analytics for HR managers, from both statistical and computing point of view.
After completing this course you will be able to:
- Use MS excel to create and automate the calculation of HR metrics
- Make HR Dashboards and understand all the charts that you can draw in Excel
- Implement predictive ML models such as simple and multiple linear regression to predict outcomes to real world HR problems
- Use pivot tables filtering and sorting options in Excel to summarize and derive information out of the HR data
- create appealing data summaries and dashboards to present the HR story in the most effective way
How this course will help you?
A Verifiable Certificate of Completion is presented to all students who undertake this HR Analytics: Strategies & Models in Excel course.
If you are an Human Resources manager or an executive, or a student who wants to learn and apply analytics techniques to real world problems of the HR business function, this course will give you a solid base for that by teaching you the most popular HR analytics models and how to implement it them in MS Excel.
Why should you choose this course?
We believe in teaching by example. This course is no exception. Every Section’s primary focus is to teach you the concepts through how-to examples. Each section has the following components:
- Theoretical concepts and use cases of different HR models
- Step-by-step instructions on implementing HR models in excel
- Downloadable Excel files containing data and solutions used in each lecture
- Class notes and assignments to revise and practice the concepts
The practical classes where we create the model for each of these strategies is something which differentiates this course from any other course available online.
What makes us qualified to teach you?
The course is taught by Abhishek (MBA – FMS Delhi, B.Tech – IIT Roorkee) and Pukhraj (MBA – IIM Ahmedabad, B.Tech – IIT Roorkee). As managers in Global Analytics Consulting firm, we have helped businesses solve their business problem using Analytics and we have used our experience to include the practical aspects of HR analytics in this course
Download Practice files, take Quizzes, and complete Assignments
With each lecture, there are class notes attached for you to follow along. You can also take quizzes to check your understanding of concepts. Each section contains a practice assignment for you to practically implement your learning.
What is covered in this course?
The analysis of data is not the main crux of analytics. It is the interpretation that helps provide insights after application of analytical techniques that makes analytics such an important discipline. We have used the most popular analytics software tool which is MS Excel. This will aid the students who have no prior coding background to learn and implement analytics concepts to actually solve real-world HR problems.
Let me give you a brief overview of the course
- Part 1 – IntroductionIn this section we will learn about the course structure and the meaning of some key terms associated with HR Analytics.
- Part 2 – Essential MS Excel formulas and using them to calculate HR metricsIn this part, we will start with a tutorial on all the popular MS Excel formulas. Then we will see the implementation of these to calculate and automate the HR metrics. We also discuss a separate case study where we use Excel to calculate the average cost of external and internal hiring.
- Part 3 – Visualization in Excel and HR DashboardingIn this part, we will begin with a tutorial on all the popular charts and graphs that can be drawn in MS Excel. Then we will see the implementation of these to create visualize HR data. We also discuss a separate case study where we use Excel to build a department wise demographic distribution of human resources.
- Part 4 – Data summarization using Pivot tablesIn this part, we will learn about several advanced advanced topics in MS Excel such as Pivot tables, indirect functions and also about the data formatting. Then we will see the implementation of these to create beautiful summaries of HR Data. We also discuss a separate case study where we use Excel to build a dynamic department wise demographic dashboard and format it to make it presentable.
- Part 5 – Basics of Machine Learning and StatisticsIn this part, we introduce the students to the basics of statistics and ML. This part is for students who have no background understanding of ML and statistics concepts
- Part 6 – Preprocessing Data for ML modelsIn this section you will learn what actions you need to take a step by step to get the data and then prepare it for the analysis these steps are very important. We start with understanding the importance of business knowledge then we will see how to do data exploration. We learn how to do uni-variate analysis and bi-variate analysis then we cover topics like outlier treatment, missing value imputation, variable transformation and correlation.
- Part 7 – Linear regression model for predicting metricsThis section starts with simple linear regression and then covers multiple linear regression.We have covered the basic theory behind each concept without getting too mathematical about it so that you understand where the concept is coming from and how it is important. But even if you don’t understand it, it will be okay as long as you learn how to run and interpret the result as taught in the practical lectures.We also look discuss an HR case study where we try to predict the CTC to be offered to new recruits basis their previous experience, past CTC, job location and qualification.
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