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Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishVideo and Text Based

Course Overview

Organized by the Indian Institute of Management, Bangalore, the Predictive Analytics for Business Forecasting (Live Online Programme) certification presents a holistic view of the different tools that are used for managerial decision making. Mainly designed for the managerial executives, the course is under the IIMB executive education programme.

Predictive Analytics for Business Forecasting (Live Online Programme) certification syllabus caters to topics like demand estimation problems, determination of the market size, projecting sales, and then stock prices analysis, and prediction. This course comes with a healthy mix of both cases analysis along with the numerical demonstration with the assistance of software packages like R programming.

Predictive Analytics for Business Forecasting (Live Online Programme) training will be given on R programming that will be made available during the entire program so that the necessary coding skills can be picked up easily by the participants so that they can meet their own forecasting needs.

Also Read:
Statistics Certification Courses

The Highlights

  • Course on predictive analysis
  • Online course
  • 5 days programme
  • Live sessions held
  • The hybrid model of delivery
  • Completion certificate by IIMB

Important dates

Course Commencement Date

Start Date : 06 Jan, 2025

End Date : 11 Jan, 2025

Application Date

End Date : 27 Dec, 2024

Programme Offerings

  • 5 Days Course
  • live online classes
  • Case Studies
  • Completion Award Certificate
  • Certificate Initiative by IIM Bangalore

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesIIM Bangalore

Predictive Analytics for Business Forecasting (Live Online Programme) Fee Structure

Description

Amount in INR

Residential Fee(excluding GST)

Rs. 1,55,000

Residential Early Bird Fee(excluding GST)

Rs. 1,39,500

Non-Residential Fee(excluding GST)

Rs. 1,25,000

Non-residential Early Bird Fee(excluding GST)
Rs. 1,12,500

Eligibility Criteria

Educational Qualification

  • Though all kinds of academic or educational qualifications are allowed, some knowledge of 10+2 level Statistics is a must.

Work Experience

  • If candidates have some kind of forecasting experience in their work they will be given preference.

Certification Qualifying Details

  • Predictive Analytics for Business Forecasting (Live Online Programme) certification by IIM, Bangalore can be granted during every session of this 5-day course.

What you will learn

Business analytics knowledge

When this course gets finished, here is everything that candidates will be understanding:

  • Candidates can get a hang of the concepts like time series, and regression models that they can apply so that they can fulfil the objectives of meeting sales, demands, and stock prices.
  • Learners can interpret, and simultaneously produce responses that are qualitative, and based on the models of probit, and logit.
  • Candidates can learn to forecast the growth of any new product by using the models of Bass-type.
  • Learners can compare critically the different forecasting methods.

Who it is for

The candidates will be targeted for the executives who have an analytical mindset which is used for forecasting. When the programme starts it will be helpful for candidates who have some early experience in elementary statistics so that they can solve problems in their organizations. 


Admission Details

Get a summary of all the admission steps in this course:

Step 1: Follow the Predictive Analytics for Business Forecasting (Live Online Programme) course link: https://eep.iimb.ac.in/course/predictive-analytics-for-business-forecasting/?utm_campaign=S01240&utm_content=predictive

Step 2: Then signing up online on this website is the next step for the candidates.

Step 3: Next using the details of the freshly created account, candidates need to start logging in, and then fill up an application form online. 

Step 4: After finishing, and submitting the form the student’s next step will be to download the proforma invoice.

Step 5: Next after paying the fees, the candidates must download their original payment receipt.

Step 6: After checking every detail, and fee payment the candidates are sent an acknowledgement. 

Step 7: Then admission will be given, and an offer letter will be sent only 10 days before the programme gets started.

Application Details

As the sign-up on the IIMB website is completed by the participants they will be asked to fill out easy details in an application form like their first name, last name, mail address, country, state, address of communication, and some other areas of interest.

The Syllabus

Instructors

IIM Bangalore Frequently Asked Questions (FAQ's)

1: What does a hybrid model of delivery mean?

A Hybrid delivery model means that a part of the group of people will be present physically in the class whereas the students will attend the classes online.

2: Using which platform will the students for the Predictive Analytics for Business Forecasting (Live Online Programme) certification course deliver the lessons?

The platform ZOOM shall be used for lecture delivery.

3: At what time are the sessions conducted online?

Every day for 5 days from the start of the programme, candidates will have to attend classes from 9 A.M. in the morning till 1:15 P.M. in the afternoon.

4: Who is the director of this Predictive Analytics for Business Forecasting (Live Online Programme) programme?

Professor Shubhabrata Das is the director who has been associated with the faculty of IIMB since the year 1999. 

5: Who reviews the applications that are sent to IIMB?

All the received applications are reviewed by the director of this programme.

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