IIM Mumbai IIM Mumbai

Global Online Certification Course on

Business and Operations Analytics 2022

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12th Feb'22 - 13th Mar'22
  4:30 PM - 7:30 PM IST
(Sat & Sun)
30 Hours Course
10 Sessions
  Live Via Webex

Course Instructors

Prof. DAVID SIMCHI-LEVI

MIT Professor - Business & Supply Chain Analytics
Director, Data Science Lab,
Massachusetts Institute of Technology, USA

Prof. MANOJ K TIWARI

Director, NITIE Mumbai

Course Overview

The course emphasizes that Business and Operations Analytics is not a theoretical discipline: these techniques are only interesting and important to the extent that they can be used to provide real insights and improve the speed, reliability, and quality of decisions. With business analytics being an integral part of modern management, this course should provide you with the foundation to understand and apply analytical methods to drive value.


Our focus in this course is on:

  • Optimizing Complex Decisions
  • Machine Learning Techniques
  • Optimal Model Selection
  • Integration of Techniques

Course Highlights

Course Highlights
Lecture recordings will be provided for 1 week
Course Highlights
Learn Key concepts & trends through exhaustive cases studies
Course Highlights
Capitalize the open platform to share your professional experiences live
Course Highlights
Lecture slides and supplementary material after each session

Course Outcome

  • Develop critical thinking about the data and the analyses.
  • Learn basic analytics methods and analyse case studies on organizations that successfully deployed these techniques.
  • Identify, evaluate, and capture business analytics opportunities that create value.
  • Estimate the value created using business analytics to address an opportunity.
Upon completion of the course, all registered participants will receive a Certificate of Completion from NITIE signed jointly by Prof. David Simchi-Levi and Prof. Manoj K. Tiwari. Criteria for course completion will be lecture attendance and course participation.

Course Outcome

COURSE CONTENT

  • Module 1: Introduction to Business Analytics

           Week 1
           - Course Inauguration
           - Course Overview
           - Introduction to Business Analytics
           - Digital Transformation

  •        Week 2
           - Optimizing Complex Decisions
           - Linear Programming Formulation
           - Demonstration of the Spreadsheet Optimization Method
           - Shadow Price
           - Sensitivity Analysis

  •        Week 3
           - Linear Regression
           - Logistic Regression
           - Classification & Regression Trees
           - K-Nearest Neighbour
           - Bayesian Analysis
           - Error Types

  •        Week 4
           - Neural Network
           - Variable Selection Techniques
           - Categorical Variables
           - Model Selection
           - Integration of Techniques

  •        Week 5
           - Case Studies: Retail; Manufacturing; High-Tech
           - Course Summary and Conclusion

About Prof. DAVID SIMCHI-LEVI

MIT Professor - Business & Supply Chain Analytics
Director, Data Science Lab, Massachusetts Institute of Technology, USA

  • Prof. David Simchi-Levi is the Professor for Business & Supply Chain Analytics and the Director of Data Science Lab at Massachusetts Institute of Technology, USA.
  • He is the Editor-in-Chief of the INFORMS journal, Management Science, the former Editor-in-Chief of Operations Research, Naval Research Logistics and a member of the board for several scientific journals including Transportation Science and Telecommunication Systems, and a former Area Editor of Transportation for Operations Research. (Read More)
  • mit  |   linkedin

Course Fees

  • Category Fee Category Course Fee GST (18%) Total Fee (inclusive of taxes)* Register Here
    Participants from India Student ₹ 3,500/- ₹ 630/- ₹ 4,130/- per participant Registration Closed
    Academician / Faculty ₹ 6,000/- ₹ 1,080/- ₹ 7,080/- per participant Registration Closed
    NITIE Alumni ₹ 7,000/- ₹ 1,260/- ₹ 8,260/- per participant Registration Closed
    Industry Professionals / Others ₹ 12,000/- ₹ 2,160/- ₹ 14,160/- per participant Registration Closed
    Foreign Participants Any 200 USD (Incl. of all) Registration Closed
    *Convenience fees may apply

    For Bulk Registrations from one organization

    Category Number of Participants Course Fee GST (18%) Total Fee (inclusive of taxes)*
    Students 11 to 25 ₹ 3,100/- ₹ 588/- ₹ 3,658/- per participant
    26 to 50 ₹ 2,700/- ₹ 486/- ₹ 3,186/- per participant
    Above 50 ₹ 2,300/- ₹ 414/- ₹ 2,714/- per participant
    Industry Professionals 5 to 10** ₹ 12,000/- ₹ 2,160/- ₹ 14,160/- per participant
    11 to 25 ₹ 10,500/- ₹ 1,890/- ₹ 12,390/- per participant
    26 to 50 ₹ 9,000/- ₹ 1,620/- ₹ 10,620/- per participant
    Above 50 ₹ 7,500/- ₹ 1,350/- ₹ 8,850/- per participant
    *Convenience fees may apply
    ** For registrations less than 5 persons from one organization, direct individual payments should be made

    Please write a mail to analytics@nitie.ac.in for more details on bulk registration.

Success of Previous Courses

NITIE has successfully completed Global Online Certification Courses on Supply Chain Digitization & Management, Business & Operations Analytics 2021 and Digital SCM Transformation in association with Prof. David Simchi- Levi in 2021. All the three courses have received an overwhelming response from reputed national and international organizations. Some prominent academic institutions include the llTs, llMs, IIFT, University of London, University of Warwick and some eminent organizations include P&G, HUL, GE, ITC, Amul, Deloitte, Micron, Mondelez, Cipla, John Deere and many more.

  • Analytics 2021
  • Digital SCM 2021
  • SCM Transformation 2021

Analytics 2021

Statistics and Feedback

Analytics 2021

Corporate Involvement

Analytics 2021

Educational Institution

Digital SCM 2021

Statistics and Feedback

Digital SCM 2021

Corporate Involvement

Digital SCM 2021

Educational Institution

SCM Transformation 2021

Statistics and Feedback

SCM Transformation 2021

Corporate Involvement

I liked the approach of Prof David Simchi-Levi, how he approached the course from simple basic problems and then built on them to go to a little complex and explained how it could go to super complex problems of real life. Also, kudos to Prof. Manoj Tiwari and his organizing team for making this course possible.

Mr. Sandeep Pratap

Lead - RM Procurement - Asia & India
UPL Limited

I loved this course for the way in which Machine Learning and Operations Research was integrated in the course content and then, it was shown through examples how they are complementary in nature in terms of problems they solve in real life.

Mr. Deepjyoti Chakraborty

Demand Fulfillment Planner
Castrol

This course was a great help. Prof. David Simchi-Levi made the learning journey of a difficult subject appear rather simple. It provided clear understanding about the fundamentals of OR & operations analytics for me. I did not feel disconnected at any time being a non-engineer. Thank you NITIE team for this wonderful learning & qualification!!! Excellent reading resources.

Dr Ragini Narendra Mohanty

VP Emerging Technologies and ERP, Professor
S. P. Mandali's WeSchool

I liked the structure, commitment of NITIE and the passion. The team did a tremendous job to stay on top of things. Coordinating a global event with 2500+ students and ensuring a seamless event for 10 weekends is easier said than done. Kudos to the team!!

Mr. Venkateswara Duggirala

Senior Engagement Director
Tata Group North America

It was a great learning platform and a unique way to learn insights from a bonafide professor, Prof. David Simchi-Levi. The Business & Operation Analytics course will be helpful to use some of the unique ideas to showcase in my professional career.

Mr. Santosh Kumar Das

Sr. Manager Demand & Supply Chain
Sun Pharma Industries Limited

Frequently Asked Questions

About NITIE

  • National Institute of Industrial Engineering (NITIE), established in 1963 by the Government of India with the assistance of United Nations Development Project (UNDP) through the International Labour Organization (ILO), is one of the leading institutes for Management education.
  • NITIE, a pioneer in Industrial Management has been positioned 12th amongst management schools in India by National Institutional Ranking Framework (NIRF) in 2021.
  • NITIE, widely known as the leading Institute in Supply Chain and Operations, holds a purpose in advancing the transformative education and industry inspired research in different domains thus dedicating itself to help Indian businesses to make their presence felt globally.

Course Coordinators

Prof. Sushmita Narayana

Assistant Professor,
Operations & Supply Chain Management

Prof. Priyanka Verma

Assistant Professor,
Operations & Supply Chain Management

Prof. Debabrata Das

Assistant Professor,
Analytics & Data Science

 

Student Coordinators

Ms. Priti Bhole
Mr. Jyothikrishnan T S
Mr. Giriraj Jhawar
Mr. Rutvik Ghiya
Ms. Aayushi Kumari Yadav
Mr. Shibi Chakravarthy
Mr. Nishant Kumar Singh
Mr. Prashant M

Contact Us

For all queries, please


Phone:

Prashant M
Nishant Singh