Business Statistic Course in Singapore

About This Business Statistic Training Course

Business Statistic Course in Singapore

Business Statistics is the ability to create effective decisions during situations involving risk or uncertainty.  Understanding the logic and rationality behind possible business decisions in given scenarios is the goal of Business Statistics. Learning this skill enables the minimization of losses potentially incurred by businesses, yet few business professionals understand the implications of being able to assess the impact of uncertainty in business decisions.

Learning Business Statistics is necessary for the continuity, sustainability, and development of businesses through the use of effective decision-making. While technology has enabled the collection and processing of large volumes of information, uncertainty and risk remain part of conducting business.

In this Business Statistics course, participants will learn how to deal with uncertainty, and determine the best course of action under imperfect conditions. This course shall also discuss common fallacies faced by business professionals during the decision-making process.

Who Should Attend This Business Statistic Workshop

This Business Statistic workshop is ideal for anyone who would like to gain a strong grasp and improve their Business Statistic.

  • All Staff Within An Organisation

  • Managers

  • Team Leaders

  • Executives

  • Assistants

  • Officers

  • Secretaries

Group Size For This Business Statistic Training Program

The ideal group size for this Business Statistic course is:

  • Minimum: 5 Participants

  • Maximum: 15 Participants

Course Duration For This Business Statistic Skills Course

The duration of this Business Statistic workshop is 2 full days. Knowles Training Institute will also be able to contextualised this workshop according to different durations; 3 full days, 1 day, half day, 90 minutes and 60 minutes.

  • 2 Full Days

  • 9 a.m to 5 p.m

Business Statistic Course Benefits

Below is the list of course benefits of our Business Statistic course

  • Learn how to deal with risk and uncertainty faced in decision-making

  • Understand how logical fallacies mislead data analysis

  • Minimize incurred business losses from pursuing opportunities

  • Maximize the benefit gained from taking financial risks

  • Increase overall productivity and sales of the business

Business Statistic Course Objectives

Below is the list of course objectives of our Business Statistic course

  • Appreciate the importance of business statistics

  • Determine the principles behind business statistics

  • Identify the relevance of risk and uncertainty in business decisions

  • Understand the impact of logical fallacies in decision-making

  • Develop logical and fact-driven reasoning

  • Analyse data and trends for decision-making

  • Utilize tools for minimizing uncertainty and risk

  • Create a solid understanding of common logical fallacies

  • Develop effective strategies in data analysis and decision-making

  • Identify variable factors in assessing probabilities and risks

  • Comprehend the cost and benefit of pursuing risks in business

  • Manage the risk and reward of uncertainty

Course Content For This Business Statistic Training Course

Below is the list of course content of our Business Statistic training course

Principles behind Business Statistics

  • Bounded Rationality Principle

  • Understanding Data and Business Trends

  • Understanding the Risk-Reward principle

Tools for Dealing with Risks and Uncertainty

  • Cost-Benefit Analysis

  • Utilizing Business Acumen and Business Intelligence

  • Variability and Margin for Error

Workshop: Identifying Common Fallacies in Decision-Making

  • Sunk Cost

  • Hasty Generalization

  • Bandwagon

  • Non Sequitur

  • Faulty Causality

  • Confirmation Bias

Business Statistic Value Added Materials

Each participant will receive the following materials for the time management course

Business Statistic Learner’s Guide

Business Statistic Key Takeaways Notes

Business Statistic Essentials Ebook

Business Statistic Course Handouts

Business Statistic 30-Day Action Plan

Business Statistic MindMaps Pack

Business Statistic PPT Slides Used During Course

Business Statistic Long-Term Memory Flashcards Pack

Business Statistic E-Learning Course

Business Statistic Online Video Course

Business Statistic Essentials Audiobook

Business Statistic Infographics Pack

Business Statistic Certification

Each course participant will receive a certification of training completion

Course Fees

There are 3 pricing options available for this Business Statistic training course. Course participants not in Singapore may choose to sign up for our online Business Statistic training course.

  • SGD 1,334.96 For a 60-minute Lunch Talk Session.

  • SGD 584.96 For Half Day Course Per Participant.

  • SGD 884.96 For 1 Day Course Per Participant.

  • SGD 1,184.96 For 2 Day Course Per Participant.

  • Discounts available for more than 2 participants.

Course Discounts, Fundings & Subsidies

We have the following  discounts, fundings & subsidies for this Business Statistic training course

  • Post-Training Support: A vast majority of training does not have any effect beyond 120 days. But to work, training has to have a strong pre- and post-training component. Post-training reinforcement consequently helps individuals to recall the understanding and ask questions.

  • Blended Learning: Learning does not occur in the classroom. Virtually everybody prefers distinct ways of learning. Successful learning should have a multi-channel, multi-modal strategy.

  • We Understand The Industry: Similarly, we’ve got a profound comprehension of the business, business design, challenges, strategy and the that our participants are in and have designed the courseware to cater to their professional needs.

  • Course Content: Knowles Training Institute’s material is relevant, of high quality and provide specific learning outputs. As a result, Participants will leave the training course feeling as they have gained a strong understanding and will also be in a position to execute what they have learned sensibly.

  • Course Development — The workshop modules follow a systematic and logical arrangement. Therefore, this structure helps to ensure that the course material allows the facilitators to deliver the course in a logical arrangement. Consider the subjects as building bricks into learning, our facilitators slowly build towards a comprehensive picture of this entire topic.

Knowles Training Institute Singapore Clients

Course Enquiries

Fill up the form and we will get back to you in less than 1 working day.

Alternatively, give us a call to have one of our training consultants contact you. Our corporate training courses can be contextualized to meet your organization’s training needs. Leverage on our large pool of professional trainers and consultants for your organization’s training needs.

Office Address: 60 Paya Lebar Rd, #07-54 Paya Lebar Square, Singapore 409051

Office Phone: +65 6714 6663

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