Venue/Deadlines | Program Dates | Program Fees |
---|---|---|
Venue : IIMB Campus
Early Bird Discount Date : 05 Nov, 2024
Last date for registration: 16 Nov, 2024 |
Start Date : 26 Nov, 2024 End Date : 30 Nov, 2024 |
Residential Fee(excluding GST) : Rs. 1,40,000 Residential Early Bird Fee(excluding GST) : Rs. 1,26,000 Non-Residential Fee(excluding GST) : Rs. 1,15,000 Non-residential Early Bird Fee(excluding GST) : Rs. 1,03,500 |
Programme Overview
Data and model-based decision making are increasingly gaining popularity in the business world. This programme is designed to equip participants to identify appropriate analytics methodology depending on the problem objective, to analyze and properly interpret the results of the statistical analysis. While step-by-step instructions would be provided for the various standard analytic tools, conceptual foundation would be built along the way so as to facilitate the more advanced participants to fine-tune the requisite methods depending on the specific challenges of a problem. Participants would be split into small groups to work on the assigned data analytic projects. Learning from these projects will be the key take-away from this program. All computational implementations would be conducted using MS-Excel.
Content
1. Descriptive Statistics
2. Probability and Probability Distributions
3. Sampling and Sampling Distribution
4. Estimators and their Standard error
5. Confidence interval estimation of population parameters
6. Testing of Hypothesis, significance values in decision making
7. Analysis of variance
8. Simple and Multiple regression, Correlation Coefficient
9. Data Analytics
10. Introduction to more advanced statistical analytics
11. Project work and presentations (subject to time and interest)
Key take-away from the Program
On completion of this course, the participants should be able to:
• Understand the statistical principles and appreciate data analytics;
• Formulate a problem objectively and meaningfully to facilitate objective analysis;
• Conduct statistical analysis and draw inference using MS Excel;
• Meaningfully interpret the findings of the results.
Participant Profile
The programme is broadly targeted for executives who have to manage data and/or feel the need for datadriven decision making in their role in the respective organisation. This programme may help executives who are likely to player a more important role in the organization if equipped with more analytic tools, mindset, and perspective.
While the programme would start with a review of basic statistics, and some preparatory material would be made available to the participants in advance. Prior exposure to elementary statistics at 10+2 or undergraduate level will be beneficial.
Top-notch faculty, contemporary content, a great learning environment, and application orientation make the IIMB Exec Ed programmes world-class.