Applied Analytics courses

 

A joint initiative of Hands-On System and Operational Society of India

CERTIFICATE PROGRAM ON OPERATIONS RESEARCH AND APPLIED ANALYTICS

Large Systems, modeling, planning and simulation.

PROGRAMME DIRECTORS: 

                                                                     

Dr.Bani K Sinha (IIM-C)         Dr. Bijan Sarkar (JU-Prod head)        Dr Samarjit Kar (NIT Durgapur)     Dr.R.N. Mukherjee (BU)- Advisor

Mr.N.M. Ganguly (ORSI) - Hony. Executive Secretary, Operational Research Society of India

 

PROGRAMME OBJECTIVE

The course is designed to understand development of comprehensive mathematical models of systems which can be used to explore the effects of decisions. The complexity and array of information available to business and government clients is often overwhelming, and good decisions require techniques beyond rules of thumb, intuition and gut feel. The role of business analytics is to interpret data, and turn it into business knowledge to better inform decision-making.

Key benefits

  • Understanding of the application of Mathematics and Statistics in Business Management.
  • Understanding of Business Analytics, Data Mining and Predictive Modeling for business    decision making.
  • Understanding of Operations Research and Business Process Optimization using LINGO.
  • Skills in using Excel in Business Analytics.
  • Skills in using R or SAS in Business Analytics and Predictive Modeling. 

WHO SHOULD ATTEND ?

Honours Graduates/Post Graduates in Engineering/Science (Physics/ Mathematics / Economics / Statistics /Commerce/Business Management along with proficiency in Mathematics and Information Technology are eligible. Prior work experience of minimum 5 years in a management function is essential.

DURATION

The duration of the program is six months with one session of 6 hours each week. Total number of Contact hours is 300.

PEDAGOGY

The pedagogy will be highly interactive. It will leverage use of technology and will consist of a thoughtful blend of lectures, case studies, project work and assignments (Group/Individual).

PROGRAMME COURSES

Part I

  1. Concepts in Business and Management (18 hours).
  2. Fundamentals of Statistical Analysis in Business Management (18 hours).
  3. Statistical Analysis using MS-Excel (18 hours).

End Test (9 hours)

Part II

  1. Introduction to Business Analytics (36 hours).
  2. Business Statistics for Managers (36 hours by SAS and R).
  3. Fundamentals of Operations Research for Optimization using LINGO & Simulations (36 hours).

End Test (9 hours)

Part III

  1. Introduction to Data Mining & Predictive Analytics (36 hours)
  2. Predictive Modelling for Managers (36 hours by SAS and R)
  3. Business Process Optimization & Simulation Using WinQSB (36 hours)

End Test (9 hours)

          Certificate Distribution (3 hours)

TERMINAL COMPETENCIES

The program aim to provide deep understanding of applied analytics of Operation and research based on relevant data, to assist business and government clients to maximize their return on investment, meet their goals, and find optimal solutions to complex problems.

IMPORTANT NOTE

Participants are encouraged to bring their own laptop. The sessions will be hands-on, and examples and applications will be used so that participants become familiar with the way the tools work and the outputs they produce.

TRAINING VENUE:

Operational Research Society of India
39, Mahanirvan Road, Kolkata 700029, India.