Predictive Business Analytics for Decision Making

Predictive Business Analytics for Decision Making

Learn to harness the power of predictive analytics to improve decision-making in business, using historical data and statistical models to forecast outcomes and optimize performance.

Enrollment closes on 15th November

Enroll now for just ₹35,000 + GST.

Duration

32 Hours of Online Learning

Faculty

Saurabh Agarwal

Programme Fee

₹35,000+GST

Program Overview

Key Features

Comprehensive course curriculum
Learn popular predictive models
Hands-on exercises with Python.
Focus on practical business applications
Hands-on Practice Sessions
Certificate of Completion

What you'll learn

Understand the scope and limitations of multivariate predictive models in business context.

Create predictive models using multivariate statistical techniques

Use clustering methods in business context.

Clearly communicate and present predictive analytics results in common business lingua that can be understood by a general non-technical audience.

Program Coordinators

Dr. Arnab Bhattacharya

Professor, Department of Computer Science and Engineering

Dr. B V Phani

Head of Department, Department of Industrial Management & Engineering at Indian Institute of Technology, Kanpur

Our Mentors

Shubhashish B.

Director APAC and North America Algo / ex-Microsoft, Citi / IIM-A MBA (2yr PGP)


Eshan Tiwari

Data Science Lead at Google



Vijay Agarwal

Partner, Head of Data & Analytics Practice, at Baker Tilly India Business Advisory, Consulting Services & DevOps & Cloud

Rajat Nigam

Group Chief Technology Officer at Network18 Media & Investments Ltd

Dr. Vivek Rastogi

Chief Technology Officer @ Fabindia Limited | Driving Digital Transformation | E-commerce, Retail ,SAP S4 HANA

Falguni Desai

Experienced CTO


Why Learn with E&ICT Academy, IIT Kanpur

Course Curriculum

  • The role and importance of Predictive analytics in business decision. Review of statistical measures and limitations.

  • Descriptive Statistics
  • Data Cleaning
  • Visualization

  • Why modellers require hypothesis testing
  • How it helps in diagnostics of a model.

  • Preparing datasets for analysis: Checking assumptions, handling missing values.

  • Support Vector Machines for Classification Models

  • The steps and logic of clustering

  • Using Cluster Analysis in Business Context

  • Linear Regression: The assumptions and diagnostics required
  • Multiple Linear Regression and diagnostics
  • Using Regression in Business Context

  • Logistic Regression
  • Multiple Logistic Regression

  • Using Logistic Regression in Business Context

  • Classification Trees for Regression & Classification

  • Using Classification Trees in Business Context

  • Naïve Bayes classification in business context

  • Text Analytics

  • Review and Discussion

  • Final Evaluation

 

Tools Covered

Faculty Details

Prof. Saurabh Agarwal

He holds both undergraduate and postgraduate degrees from IIT Kanpur and IIT Delhi. Currently affiliated with HBTU Kanpur, Great Lakes, AIMA New Delhi, and NMIMS Mumbai, he serves as a consultant for IBM and UNESCO in Business Analytics. He has published a paper on integrating alternate payment channels, presented at The Fourth International Conference on Payment Channels organized by Banknet India, Mumbai. His interests include Data Mining, Data Analysis, Business Analytics, Structural Equation Modeling, and Multivariate Analysis, utilizing platforms like R, Python, SPSS, Amos, Modeler, and IBM Watson Analytics. He has conducted international workshops for organizations such as Saudi Aramco, Kiatanin Bank, and the Ministry of Road Transport in Abu Dhabi, along with prominent domestic trainings at AIMA, Symbiosis University, and IIT Kharagpur, among others.

Who is this course for?

Sample Certificate

Program Details

TOTAL PROGRAM FEE

₹35,000+GST

  • Course Type : Online Live Delivery
  • Duration : 32 Hours
  • Skill Level : Beginner to intermediate

Frequently Asked Questions

The "Predictive Business Analytics for Decision Making" course consists of 32 contact hours, which include lectures, hands-on exercises, and assessments.

Students will receive a certificate upon successful completion of the course, which includes meeting the attendance requirement (full attendance) and achieving the passing criteria. Additionally, all assignments and the final project must be submitted on time and meet the specified standards.

While prior knowledge of predictive analytics is not mandatory, a background in statistics or data analysis is highly recommended. Familiarity with statistical concepts will enhance the learning experience.

Assessments include:

Full Attendance: 10% of the total grade for attending all sessions.
Class Assignments: 30% of the total grade, which involves working on business problems using predictive analytics tools.
End-Term Examination: 60% of the total grade, focusing on an individual project that applies course concepts​(Predictive Analytics Fo…).

Students will gain skills in predictive modeling, statistical analysis, data visualization, and effective communication of analytics results to non-technical audiences. The course also covers various predictive analytics techniques applicable in business contexts.

Yes, the course includes numerous hands-on exercises, primarily using Python, to reinforce learning and practical application of predictive analytics techniques in real-world scenarios.

Performance will be evaluated based on attendance, the quality of assignments, and the final project.

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