EDHRM - HR Metrics 2023 Course Outline - Revised

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LOYOLA INSTITUTE OF BUSINESS ADMINISTRATION

Executive Diploma in Human Resource Management


HR Analytics
Faculty: DR. AKANKSHA JAISWAL

Course Outline

I. COURSE OVERVIEW
Having strong analytical capabilities and knowledge of statistics helps provide a firm
foundation for HR professionals. Thus, mastering the HR metric by learning to carry out
predictive HR analytics will fundamentally strengthen the skill set of the profession. Further,
an HR analytics professional should instil a mentality of answering the ‘So what?’ question.
They should be always on the lookout for how their findings could be translated to useful
practice knowledge, and whether any particular knowledge gained can help to strengthen and
steer the organization’s people strategy.
Analytics approaches provide evidence-based pointers for practice and can help take
some emotion and gut instinct out of the ‘people’ decision making process. An HR function
that employs predictive analytics capabilities will attract credibility because the function will
be able to present robust, tangible, and hard evidence. The function will be able to carry out
substantial ‘what if’ scenario modelling to help build solid business cases that help
organizations to make better decisions.

II. ASSURANCE OF LEARNING


By the end of the course, students are expected to:
- Appreciate the importance of HR Analytics
- Understand the data
- Run statistical tools
- Analyse the findings
- Translate the findings to business applications

III. COURSE OBJECTIVES


 To develop a positive impact on HR professionals by mastering HR metrics
 To add quantitative literacy to HR students
 To provide evidence-based pointers for HR practitioners
 To understand the implications of statistical tools for HRM

IV. COURSE CONTENTS


 Introduction to HR Analytics
 HR data and metrics
 Introduction to statistics
 Analysis strategies
 Prediction tools
 Application in real-time cases

V. TEACHING – LEARNING PLAN

Number of Sessions: 14

Session No Topic
1 Introduction to HR Analytics
2 Data and HR Metrics
3 Project design and SPSS
4 Chi-square and Descriptive Statistics
5 Revision of the previous classes
6 Mid-term exam and Project discussion
7 Mid-term Project Presentations – Groups 1-3 and T-test
8 Mid-term Project Presentations – Groups 4-6 and ANOVA
9 SPSS Practice and Design your questionnaire
10 Factor Analysis and Reliability
11 Correlation and Regression
12 Final Project Presentations – Groups 1-3
13 Final Project Presentations – Groups 4-6
14 Course wrap-up and End term exam

VI. RECOMMENDED BOOKS


1. Bhattacharyya, D. K. (2017). HR Analytics: Understanding Theories and
Applications. SAGE Publications India Pvt Limited.
2. Edwards, M. R., & Edwards, K. (2019). Predictive HR analytics: Mastering the HR
metric. Kogan Page Publishers.
3. Rosett, C. M. & Hagerty, (2021). Introducing HR analytics with Machine Learning:
Empowering Practitioners, Psychologists and organisations.
4. Khan, N. & Millner, D. (2020). Introduction to People Analytics: A Practical Guide
to Data driven HR.
VII. EVALUATION
S.No. Components Marks
1 Class Participation/Assignment 10
2 Mid-term exam 30
3 Mid-term Project Presentation 10
4 Final Project Presentation 20
5 End term exam 30
Total 100

1. Class Participation/assignment – 10 marks


This is a practical course that intends to develop students into confident HR professionals
with command over numbers and statistics. Hence, class participation is essential to enhance
student learning.
2. Mid-term exam – 30 marks
 Questions will be of MCQ format (30 marks).
3. Mid-term Project Presentation (20 minutes) – 10 marks
 Students will be split into groups of 4
 Identify atleast two HR problems
 Design your project and make a presentation
o What is the HR problem? (4 marks)
o What are your variables and hypotheses? (3 marks)
o Describe your study design (3 marks)
 Q&A
 Peer evaluation based on the above rubrics

4. Final Project Presentation (30 minutes) – 20 marks


 According to the mid-term project presentation, collect data (4 marks)
 If you made any changes in your project, highlight them
 Run atleast 2 HR Analytics techniques (among the techniques taught) (8 marks)
 Analyse the data and interpret the findings (5 marks)
 State the implications of your findings (3 marks)
 Demonstrate this live project in the form of a presentation
 Q&A
 Peer evaluation based on the above rubrics

5. End-term exam - 30 marks

 Students will take an end-term exam that will test their theoretical knowledge as well
as practical understanding.
 Theory questions will be of MCQ format.
 For practical, students will be given data and questions. They should be able to
identify the correct test, conduct the test, obtain the output, and interpret the results.

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