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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf StudyVideo and Text Based

Course Overview

Data Analysis & Decision Making - II Certification will cover utility theory, then the concept of multi-criteria decision making, multi-attribute decision making, utility theory, DEA (Data Envelope Analysis), AHP, ANP, and then the concepts of TOPSIS, Elektra, Mac Beth. 

Data Analysis & Decision Making - II Classes include the concepts of different types of metaheuristic techniques, without going into the mathematical details of their algorithms, and solve the problems by giving examples for each of them.

All students get a Data Analysis & Decision Making - II Certification by the Indian Institute of Technology Kanpur (IIT Kanpur) under the Swayam Initiative by the Government of India. 

The Highlights

  • Provided by IIT Kanpur
  • Online course
  • 12 weeks course
  • Shareable Certificate
  • Expert Lectures

Programme Offerings

  • video lectures
  • Study Materials

Courses and Certificate Fees

Fees InformationsCertificate AvailabilityCertificate Providing Authority
INR 1000yesIIT Kanpur

Only the e-certificate, which is only available if you pass the exam, will be provided if you register and take the final exam, which is optional and costs Rs. 1000.

Data Analysis & Decision Making - II Certification Fees

The Data Analysis & Decision Making - II Certification Fee is nil. It's open to all interested candidates.

Description

Amount in INR

Course Fees

Free

Course Fees (with certification)

INR 1000/-


Eligibility Criteria

Educational Qualification

  • Candidates appearing or appeared for qualifying exams 

Certificate Qualifying Details

  • E-certificates will be issued to all such participants who have attended the classes with at least 90% attendance and if the average assignment score is greater than 10/25 and the final exam score is greater than 30/75. If one of the criteria is not met, you won’t get the certificate even if the final score is more than 40/100.

Work experience

  • Work Experience is not required to get enrolled in this certificate course.

What you will learn

Decision making skillsData science knowledge

Students enrolling for the Data Analysis & Decision Making - II Certification Course in general cover three primary topics and they are as follows: Multivariate Statistical Analysis and its Applications, DEA, AHP, ANP, TOPSIS, and other decision-making models, as well as operations research and its tools with applications.

Data Analysis & Decision Making - II Training tries to wrap up the concepts of utility theory and how they are utilized, the concept of different types of decision making, the concept of stochastic dominance concept, and the first order, and second order all these things would be utilized in a very simple manner. 

After completion of this Data Analysis & Decision Making - II Certification, the learning outcomes include:

  • Understand the concepts and methods of Operations.
  • Critically apply the language, th,eory and models of the data analysis.
  • Identify, model, and solve decision problems in different settings.
  • Interpret results or solutions related to data and decision analytics.
  • Identify appropriate courses of action for a given situation.

Who it is for

There shall be good job opportunities if the relevant students apply for Data Analysis & Decision Making - II Online Course:


Admission Details

The admission for the certificate course in Data Analysis & Decision Making - II Certification starts soon and interested students are requested to enroll as soon as possible by following these steps:

Step 1: Visit the official website

Step 2: Fill up the form

Step 3: Upload all necessary documents

Step 4: Pay the required fee online (if you need certification)

The Syllabus

Evaluation process

Yes, there’s an exam at the end of the course after 12 weeks.

Instructors

IIT Kanpur Frequently Asked Questions (FAQ's)

1: What is data analysis and decision-making?

It is a strategy where decisions are made based on what you think is the best choice. Information is gathered to analyze trends and make decisions for the future, not on feelings, opinions, or experiences.

2: How are the classes for Data Analysis & Decision Making - II Online Course being held?

The sessions are conducted in virtual mode under NPTEL initiative.

3: Why is data analysis important in decision-making?

Data analytics provides a competitive advantage over other companies in the industry by enabling organizations to identify new opportunities and leverage their insights to make strategic decisions.

4: Which institute is teaching this course?

The instructor is  Prof. Raghu Nandan Sengupta from the Indian Institute of Technology (IIT) Kanpur.

5: What is the process of data analysis?

It is the process of cleaning, changing, and processing raw data, and extracting actionable information that helps businesses make informed decisions.

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