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Business and Operations Analytics 

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Business and Operations Analytics
 at 
NITIE 
Overview

Gain a comprehensive overview of the business and operations analytics principles and concepts

Duration

30 hours

Total fee

33,630

Mode of learning

Online

Credential

Certificate

Business and Operations Analytics
 at 
NITIE 
Highlights

  • Earn a certificate of completion from NITIE
  • Learn key concepts & trends through exhaustive cases studies
  • Capitalize the open platform to share your professional experiences live
  • Lecture slides and supplementary material after each session
Read more
Details Icon

Business and Operations Analytics
 at 
NITIE 
Course details

What are the course deliverables?
  • 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
More about this course
  • 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

Business and Operations Analytics
 at 
NITIE 
Curriculum

Module 1: Introduction to Business Analytics

Course Inauguration

Course Overview

Introduction to Business Analytics

Digital Transformation

Module 2: Prescriptive Analytics

Optimizing Complex Decisions

Linear Programming Formulation

Demonstration of the Spreadsheet Optimization Method

Shadow Price

Sensitivity Analysis

Module 3: Predictive Analytics

Linear Regression

Logistic Regression

Classification & Regression Trees

K-Nearest Neighbour

Bayesian Analysis

Error Types

Module 4: Integrated Analytics

Neural Network

Variable Selection Techniques

Categorical Variables

Model Selection

Integration of Techniques

Module 5: Case Study

Case Studies: Retail; Manufacturing; High-Tech

Course Summary and Conclusion

Faculty Icon

Business and Operations Analytics
 at 
NITIE 
Faculty details

David Simchi-Levi
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

Other courses offered by NITIE

Business and Operations Analytics
 at 
NITIE 
Students Ratings & Reviews

5/5
Verified Icon2 Ratings
A
Akshay Kumar
Business and Operations Analytics
Offered by NITIE
5
Learning Experience: It was great
Faculty: Good Awesome
Reviewed on 13 Mar 2023Read More
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A
Alok kumar Singh
Business and Operations Analytics
Offered by NITIE
5
Learning Experience: Supply chain flexibility, sc resilience, sc strategy and planning, sc under disruption, sustainable sc
Faculty: Dr. David Simchi Levi Yes course curriculum was updated. It was taught by Dr. David Simchi Levi who is professor in the Business Analytics department of MIT USA
Course Support: No career support provided
Reviewed on 10 Jul 2022Read More
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Business and Operations Analytics
 at 
NITIE 

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