Get updates on Eligibility, Admission, Placements Fees Structure
Quick Facts
| Medium Of Instructions | Mode Of Learning | Mode Of Delivery | Frequency Of Classes |
|---|---|---|---|
| English | Self Study, Virtual Classroom | Video and Text Based | Weekends |
Course Overview
In the age of Big Data, many companies want to explore the world of Data Science. No wonder then business analytics today, is a much sought-after field. Thus, the Business Analytics for Managers Certification Course by Eruditus is highly suitable for professionals who want to delve into data analytics and AI. Candidates will acquire an in-depth understanding of various tools and techniques used in Data Science and analysis.
Specially crafted for professionals in managerial roles, the Business Analytics for Managers Training Programme by Eruditus is a comprehensive seven-month online programme that aims to churn out intelligent business leaders. The bottom line of the course is to equip managerial professionals with the essential skills and knowledge to use data science for business analytics effectively.
Besides, the Business Analytics for Managers Online Course is a collaborative effort between Eruditus Executive Education and XLRI VIL. The course curriculum focuses on providing a robust understanding of data analytics and how to apply it for efficient, real-time business decision-making.
The Highlights
- Seven months classes
- Online classes
- Multi-modular programme
- Experienced Faculty Members
- Intensive Programme
- Certificate from XLRI
Programme Offerings
- Expert Faculty
- lecture series
- Course completion certificate
- live online sessions
Courses and Certificate Fees
| Certificate Availability | Certificate Providing Authority |
|---|---|
| yes | XLRI Jamshedpur |
The total Business Analytics for Managers certification fee can be paid in 3 instalments. This fee is inclusive of study materials.
Business Analytics for Managers Fee Structure
Programme Fee: INR 1,52,500 + GST
(inclusive of registration fee)
| Instalment Amount | |
| Booking Amount | INR 22,500 + GST |
| Instalment 1 | INR 50,000 + GST |
Instalment 2 | INR 50,000 + GST |
Instalment 3 | INR 30,000 + GST |
Registration Fee
| Registration Fee | |
| Round 1 | INR 2,500 + GST |
| Round 2 | INR 2,500 + GST |
Note:
1. Admissions are on a first-come, first-serve basis. There might not be subsequent rounds if seats are filled in the initial rounds.
2. GST (currently @ 18%) will be charged extra on these components.
Eligibility Criteria
Graduates in any discipline with a minimum of 6 years of work experience can apply for the Business Analytics for Managers online course. There are no such prerequisites; however, it will be highly beneficial if they are familiar with primary mathematics, and statistics concepts.
What you will learn
Upon the completion of the Eruditus Business Analytics for Managers certification syllabus, the candidates will be able to:
- Obtain a deep understanding of the tools and techniques used in data science, analytics, and artificial intelligence
- Ways to build a data-driven organisation and help in its growth
- Gain expertise in managing teams that are adept in data analytics
- Learn to undertake investment decisions for your organisations’ analytics projects
- Identify areas in your organisation where business analytics can be applied efficiently and productively
- Understand the ethical concerns of data privacy, along with strategies on how to mitigate them
Who it is for
The Business Analytics for Managers programme by Eruditus is suitable for professionals like managers, entrepreneurs and consultants who:
- Make effective data-driven decisions for their organisations or clients
- Structure, decipher, and interpret big data for achieving high-quality, nuanced and data-driven insights
- Manage organisational initiatives to help establish a data-driven organisation
Admission Details
Here is the process of admission to the Business Analytics for Managers classes
1. Go to the Eruditus website: https://www.eruditus.com/india/programmes/business-analytics-for-managers/
2. Under the “Programmes” section, select the XLRI VIL Business Analytics for Managers programme.
3. Scroll down to the “Apply Now” section and fill in your details.
4. Finally, submit the application form.
Application Details
In the application form for the Business Analytics for Managers programme, candidates need to fill out three sections namely personal details, professional detail, and highest qualification. In the first section, they need to provide their name, phone number, DOB, correspondence address, and other contact details.
Furthermore, candidates need to provide details about their work experience, company, and designation in the second section. Finally, in the last section, they need to enter details about their educational and professional background.
Once candidates fill out the application form, they can submit it for successful enrolment in the Business Analytics for Managers online course.
The Syllabus
- Data and data literacy in organisations
- Types of analytics – descriptive, predictive and prescriptive
- Use cases of Analytics - An introduction
- Good and bad analytics
- Deriving organisation’s data science objectives from strategic business objectives
- Building hypothesis for organisational decision-making: use cases from different verticals
- Limitation of analytics – where intuition still wins!
- Case Study: Harvard article on “Data Science and Art of Persuasion”
- Describing and presenting data
- Applying measures of central tendency in business metrics
- Probability and its application in business
- Sampling theories and their application in business
- Hypothesis testing, use cases in business
- Analysis of variance, use cases in business
- Correlation and regression, use cases in business
- Principal types of algorithms
- Application of Bivariate and Multiple linear regression models
- Classification algorithms – concepts and use cases
- Clustering algorithms – concepts and use cases
- Design of recommendation systems
- Modelling approach to decision-making
- Linear Programming approach to solve business problems, example:
- Make-Buy decision
- Investment decision
- Blending problem
- Production and inventory planning problem
- Multi-period cash flow problem
- Sensitivity Analysis and Simplex Method
- Data management and querying
- Data extraction, transformation and loading (ETL) techniques
- Fundamentals of data warehouse
- Overview of the technology stack to support analytics
- Scope and benefits of digital media analytics
- Types of digital media analytics
- Consumer insights with web and mobile app analytics
- Social media analytics
- Overview of text mining and sentiment analysis
- Online reputation management
- Understanding Big Data
- Understanding applications of Big Data
- Big Data application tools – Hadoop, MapReduce
- Exploiting Big Data for business decision
- Examples from Facebook & Google
- Fundamentals of Deep Learning
- Deep, Convolution and Recurrent
- Neural Network – concept
- Use cases of Deep Learning in
- different industry verticals
- Fundamentals of Reinforcement
- Learning
- Use cases of Reinforcement Learning
- in industry
- Data visualisation – concept and application
- Using self-service data visualization tools (e.g. Tableau) to generate management reports and dashboards
- The art of storytelling with data
- Evaluating an Analytics report
- Visualising data using infographics
- Managing organisational change
- Application of Agile
- Developing and managing a data science
project contract - Data Science project management methods
and governance
- When is and when is not investment justified in Data Science
- Identify and quantify benefits of a data science for an organisation
- Estimating investments in a data science project
- Estimating return on investment in a data science project
- New organisation roles and governance favourable for a data-driven organisation
- Recruiting and retaining data science talent pool
- Scaling a data team
- Vendor eco-system for data science services
- Ethical concerns about data privacy and trust in Analytics
- Methods to preserve the privacy of sensitive data
- Legal issues on data privacy
- Recent case studies
Instructors
XLRI Jamshedpur Frequently Asked Questions (FAQ's)
3 hour long live online session will be conducted on every Sunday. The classes will be conducted between 3:30 PM to 6:30 PM. The duration of the course is 7 months.
Yes, you can join online classes from any device that supports the Zoom video software and is connected to a fast, secure internet connection. However, for your convenience, it is advised to join classes from a laptop or PC.
Yes, this course is offered entirely online by XLRI VLI.
The online sessions for the Business Analytics for Managers online course will be of three hours every week.