Careers360 Logo
Interested in this College?
Get updates on Eligibility, Admission, Placements Fees Structure
Compare

Quick Facts

Medium Of InstructionsMode Of LearningMode Of Delivery
EnglishSelf Study, Virtual ClassroomVideo and Text Based

Course Overview

The Introduction to Probability Theory and Stochastic Processes certification course is a 12-week duration programme. The intended audience for this course is undergraduate students of electrical engineering, computer engineering, mechanical engineering, civil engineering and mathematics and computing. The certification course covers a comprehensive curriculum that includes the basics of Probability, random variables, and standard distributions. 

The prerequisite for this certification course is a basic course on Calculus and Linear Algebra. The students gain in-depth knowledge of probability and stochastic processes concepts from Introduction to Probability Theory and Stochastic Processes certification by NPTEL. With the support of the leading industrial experts, the students gain confidence to apply these concepts in real-world scenarios.      

Also Read: Online Economics Courses & Certifications

The Highlights

  • 12 Weeks Duration
  • Completion Certification
  • Undergraduate Level Course  

Programme Offerings

  • Books
  • Transcripts
  • Video course

Courses and Certificate Fees

Certificate AvailabilityCertificate Providing Authority
yesIIT Delhi

Eligibility Criteria

Academic Qualifications

To join the Introduction to Probability Theory and Stochastic Processes online course the students must pursue a basic course on Calculus and Linear Algebra. 

Certification Qualifying Details

To receive a certificate after completing the Introduction to Probability Theory and Stochastic Processes online course, the students must pass the examination with minimum marks in assignments and written examinations. 

What you will learn

The students will learn theoretical concepts of probability stochastic processes and higher dimensional distributions. After completing the Introduction to Probability Theory and Stochastic Processes certification syllabus, they will gain the necessary skills required to make use of the concepts and to do experiments and research 

Upon the completion of the Introduction to Probability Theory and Stochastic Processes training, the students will gain in-depth knowledge of functions of several random variables, and cross moments. The certification course provides a deep understanding of random variables, classification and properties of stochastic processes. Students will be able to apply these concepts in real-world projects.


Who it is for

This Introduction to Probability Theory and Stochastic Processes certification course is designed for undergraduate students to develop their skills and knowledge. This certification course is also beneficial for:  


Admission Details

To join the Introduction to Probability Theory and Stochastic Processes classes, follow the steps mentioned below:

Step 1: Browse the link mentioned below:

https://nptel.ac.in/courses/111102111

Step 2: Log in with a Google account or create a new one and log in. 

Step 3: Fill out the form with the required information, submit it and start the course.

The Syllabus

  • Basics of Probability

  • Random Variable

  • Moments and Inequalities

  • Standard Distributions

  • Higher Dimensional Distributions

  • Functions of Several Random Variables

  • Cross Moments

  •  Limiting Distributions

  • Introduction to Stochastic Processes (SPs)

  • Discrete-time Markov Chains (DTMCs)

  • Continuous-time Markov Chains (CTMCs)

  • Simple Markovian Queueing Models

Evaluation process

To be eligible for a certificate from NPTEL, candidates must obtain a minimum score of 25% in assignments and 75% in the written exam, with a total of 100 marks.

IIT Delhi Frequently Asked Questions (FAQ's)

1: What is the duration of the Introduction to Probability Theory and Stochastic Processes certification course?

The duration of this certification course is 12 weeks. The course focuses on explaining the probability and stochastic processes concepts that are required to carry out experiments and research. 

2: What is the Introduction to Probability Theory and Stochastic Processes certification course curriculum?

The certification course curriculum includes functions of several random variables, an introduction to Stochastic Processes (SPs), discrete-time Markov Chains (DTMCs), continuous-time Markov Chains (CTMCs) and simple Markovian Queueing Models.

3: What is the prerequisite for the Introduction to Probability Theory and Stochastic Processes online course?

The prerequisite to join this certification course is the students must have done a basic course on Calculus and Linear Algebra.

4: Is there a joining fee for the Introduction to Probability Theory and Stochastic Processes certification course?

 No, joining or registering for this course is free. Students can easily access all the content (videos), and transcripts on the NPTEL official website.

5: Which industries support the Introduction to Probability Theory and Stochastic Processes online course?

Some of the companies that support this certification course are Fractal Analytics, Genpact, Goldman Sachs, FinMechanics, Deutsche Bank and other finance companies.

Articles

Back to top