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Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery |
|---|---|---|
| English | Self Study, Virtual Classroom | Video and Text Based |
Course Overview
The Business Analytics for Decision-making online course is developed for the students to gain a detailed understanding of the statistical skills and analytical knowledge required for business management and development. The online program is provided by the Indian Institute of Management Kozhikode in association with the Eruditus Executive Education. The course is conducted for Eight weeks and the students are expected to spend four to five hours every week to complete the course.
The course study is directed by Prof Anirban Ghatak of the department of economics at IIM Kozhikode and Prof Soumya Ray of the quantitive methods and operations management at IIM. The students are engaged with discussions and concepts of analytics and business strategies for data-driven decision-making. The eligible students of the ‘Business Analytics for Decision-making’ online training program are given the course certificate after completion of the course.
The Highlights
- Online mode
- Live sessions
- IIM Faculty
- Eight weeks program
- Four to five hours per week
- IIM Certification
Programme Offerings
- video lectures
- Webinars
- Interactive Sessions
- assignments
- discussions
- Projects
- exams
- course certificate
- Career Guidance Workshops
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | IIM Kozhikode |
The ‘Business Analytics for Decision-making’ training is available to the students after payment of the course fee. The students can opt for the installment payment option and pay the course fee in two installments. Students can also apply for the loan option through the link provided on the course page.
Business Analytics for Decision-making fee structure
| Heads | Amount in INR |
Total Course Fee | INR 34,746 + GST |
Booking Amount | INR 8,338 + GST |
First Installment | INR 13,204 + GST |
Second Installment | INR 13,204 + GST |
Eligibility Criteria
The students who wish to apply for the ‘Business Analytics for Decision-making’ online program are required to be graduates or should have completed their diploma from a recognized university in any discipline.
Certificate qualifying details
The students of the ‘Business Analytics for Decision-making’ training program will become eligible to receive the course certificate after completing the course and scoring a minimum of 60% of marks.
What you will learn
The Business Analytics for Decision-making syllabus is framed for the students to learn and gain understanding about the following,
- Determine accurate analytical tools for management purposes.
- Get familiar with a wide variety of analytical tools and techniques.
- Explain analytical results for the non-technical audience.
- Critically assess quantitative reporting.
Who it is for
The Business Analytics for Decision-making online certification is targeted at individuals interested in acquiring the skills and knowledge required for effective decision-making in their business organizations and for knowing more about data-driven analytics and techniques. The course is beneficial for the professionals such as business analysts, management consultants, project managers, and data scientists.
Admission Details
The candidates who are interested in joining the ‘Business Analytics for Decision-making’ online program should register online through the website.
Step 1: Go to the course page on the website using the link below, https://iimk.eruditus.com/certificate-programme-in-business-analytics-for-decision-making/index-af.php
Step 2: Click on the ‘Start Application Now’.
Step 3: Fill in the details required and follow the instructions to complete the admission process.
Application Details
The students applying for the ‘Business Analytics for Decision-making’ online course are required to fill in the email address and continue by the instructions given to complete the registration.
The Syllabus
- Relevance of Statistics and Data
- Data-based Decision-making
- Concept of Population and Sample
- Sampling and Data Collection- Introduction to Random Sampling, Stratified
- Sampling, Cluster Sampling
- Descriptive Statistics and Inferential Statistics
- Data Types
- Variables and Scales of Measurement
- Screening and cleaning data
- Data Visualisation: Bar charts, Histogram, Scatter Plots
- Summarising data: Measures of Central Tendency, Measures of Dispersion, Covariance
- and Correlation, Correlation and Decision-making
- Communicating Data-driven findings
- Introduction to Probability and Conditional Probability
- Introduction to Random Variable, Discrete and Continuous Random Variable
- Introduction to Normal Distribution
- Sampling Distribution of Mean, Concept of Standard Error
- Central Limit Theorem
- Point Estimation and Interval Estimation
- Introduction to Hypothesis Testing
- Type-I and Type-II Errors
- Hypothesis Testing: One-sample Tests for Population Mean
- Two-sample Tests for Population Mean
- One-way ANOVA
- Simple Linear Regression
- Multiple Linear Regression
- Solving Real-world Problems with Regression using
- Finding out how to set the correct price of a product in a market
- Wicked Problems
- General Morphological Analysis
- Finding out how to set the correct price of a product in a market
- Wicked Problems
- General Morphological Analysis
Instructors
IIM Kozhikode Frequently Asked Questions (FAQ's)
The course is provided by the Indian Institute of Management Kozhikode along with the Eruditus.
The course will take two months to complete the curriculum.
The students should have a graduate degree or a diploma from any recognized university of any discipline.
Yes, students are provided with loan facilities and they can apply for the loan through the course website.
The students will receive the course certificate from IIM Kozhikode.
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