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Duration: 10 months
Format: Online with an In-Person Component
Cost: INR 2.5 Lakhs + Applicable Taxes / $ 5,000
Tools: Python, R, Tableau, PySpark, SQL, Big Data
Benefits: IIM Indore Alumni status
Program Overview
ABOUT
Take your career to the next level with a specialized program in business analytics. The Integrated Program in Business Analytics (IPBA) is an IIM Indore program, and blends traditional management principles with cutting-edge technology coverage. It includes a comprehensive education in data science, business analytics, visualization, Big Data and machine learning.
With a constant demand and an ever-increasing focus on developing new insights and understanding of business performance based on the data and statistical analysis, IIM, Indore is all set to launch a 10-month Integrated Program in Business Analytics (IPBA) in collaboration with Jigsaw Academy. In a first of its kind initiative, this learning partnership will bring to working professionals an unparalleled flexible learning experience. It has been carefully designed with extensive live online classes and comprehensively covers Data Science, Statistical Modeling, Business Analytics, Visualization, Big Data and Machine Learning.
For working professionals who are interested in building careers in data science with a strong background and context in business, the IPBA will equip you with a fundamental understanding of both. They will also get a great opportunity to learn from award-winning faculty from IIM Indore and Jigsaw Academy, interact with business leaders and benefit from the IIM network and work with the complex data sets using Python & R. It includes an in-person component of classroom teaching at the IIM Indore campus. The program includes hands-on learning with industry projects and real-world networking with business leaders. Enrolment for this program can be from anywhere in India or the world since classes will be primarily online.
This program will be directed by IIM Indore in collaboration with Jigsaw Academy, India’s top ranked institute for analytics and data science.
WHY IPBA?
For professionals who are interested in building careers in data science with a strong background and context in business, the IPBA will equip you with a fundamental understanding of both.
Understand how data is used to power business decisions
Learn from award-winning faculty from IIM Indore and Jigsaw Academy
On-campus learning experience at IIM Indore
Interact with business leaders and benefit from the IIM network
Work with complex data sets using R & Python
Build expertise in data science, Big Data and machine learning
PROGRAM STRUCTURE
The program comprises of 120 hours of training via live online classes, online assignment-solving and Q&A sessions that can be accessed from anywhere in India or the world. There is also a separate in-person ‘immersion’ component of 30+ hours of classes, networking and project presentations that will be held at the IIM Indore campus.
- Weekend live online classes, Q&A sessions and assignment sessions
- Delivered by IIM faculty and Jigsaw Academy faculty and industry SMEs
- Recordings of live classes will be available for reference
- eLearning content in the form of videos, reading material and assessments
- Practice assignments and code samples
- Extra material covering functional expertise on Marketing Analytics, Financial Services Analytics, Supply Chain Analytics, HR Analytics, Web and Social Media Analytics
- Learning Centre access for 22 months
- In-person classroom workshops with IIM Indore faculty
- Project presentations
- Industry networking and interactions with business leaders
- Industry Projects with mentoring from project company SMEs
- 100+ hours of graded and practice assignments
Certification
ABOUT IIM INDORE
Established in 1996, Indian Institute of Management Indore has been a leader in the field of management education, interfacing with the industry, government and PSUs. It is promoted and nurtured by the Ministry of Human Resource Development, Government of India and is an institute of national importance under the Indian Institutes of Management Act 2017.
IIM Indore seeks to be a contextually-relevant business school with world-class academic standards that develops socially-conscious managers, leaders and entrepreneurs.
In recent times, IIM Indore has bagged the Fifth Rank (5th Rank) in the National Institute Ranking Framework (NIRF) announced by the Ministry of Human Resource Development (MHRD), Government of India on April 08, 2019.
Curriculum
PROGRAM CURRICULUM
The IPBA curriculum is designed to be a comprehensive program covering technical and business aspects of the application of analytics and data science. It starts by laying a strong foundation of essential tools and techniques including descriptive and inferential statistics, data extraction and manipulation with SQL, data manipulation and processing with Python & R, and data visualization with Tableau.
Students will also have access to Tableau’s cutting-edge visual analytics software for free while enrolled in the program for study and practice purposes, through Tableau’s global Academic Program.
The bulk of the program builds on this foundation by extending the analysis capabilities to predictive models using statistical modelling and machine learning, and covering data types that are both traditional and structured, to more unstructured types including text and images.
Data Handling and Extraction with SQL and Python
Data Visualization with Tableau and Python
Statistical Data Analysis with Excel, Python & R
Feature Engineering with Python for Structured and Unstructured Data Types
Predictive Statistical Modelling Algorithms
Machine Learning and Deep Learning Models on Text and Images
Implementing Algorithms at Scale with Big Data Systems
Generating Business Values and Effective Storytelling - Introduction to Analytics and CRISP DM
- Data Collection and Biases
- Basic Data Structures
- Data Manipulation
- Pandas
- Seaborn and MatPlotLib
- Probability Distributions and Sampling Theory
- DOE and Hypothesis Tests – AB tests
- Hypothesis Tests – Chi Square, ANOVA
- Confidence Intervals and Power
- Introduction to Bayesian Statistics
- SQL Servers as Data Sources
- Data Normalization and Consequences
- Basic SQL DML Queries
- SQL Joins
- Data Exploration – Sanity Checks
- Preparing Data Quality Reports
- Data Preparation -Outliers and Missing Value Treatments
- Variable Profiling Using Information Value
- Linear Regression – BLUE Estimators and Interpreting Model Results
- Linear Regression – Checking Model Assumptions and Improving Models
- Logistic Regression – Logistic Cost Function and Interpreting Model Results
- Logistic Regression – Measuring Classification Performance – AUC, ROC, Confusion Matrix
- Poisson Regressions – Cost Function, Overdispersion and Zero Inflation
- Poisson regression – Interpreting Model Results
- Data Manipulation
- Data Preprocessing
- Tree Models – Regression Trees and Classification Trees
- Feature Importance
- Purity Measures – GINI
- Purity Measures – Entropy MSE
- Building and Pruning Trees
- Ensemble Methods – Bagged Ensembles
- Ensemble Methods – Random Forests
- Ensemble Methods – Gradient Boosting – Xg Boost
- Clustering – K Means and Hierarchical Models
- Handling text data
- Handling image data
- NLP
- Introduction to Big Data Ecosystem
- Hadoop and HDFS
- Querying with Hive
- Data Engineering Case Study
- Introduction to Spark
- Spark Streaming
- PySPark
- ML with Spark Case Studies
- Basics of Data Visualization
- Models to Value
- Pitfalls of Predictive Models in Business
- Storytelling with Data
- Using Github and Kaggle to Build an Analytics Profile
- Industry Project
Want to know more? Download the IPBA Course Outline
INDUSTRY PROJECTS
All IPBA students will be mandatorily required to complete an industry project that will feature actual real-life business problems. They will have to liaison with an industry representative and work with a faculty-in-charge and present their findings based on the requirement from the company. The culmination of the industry project will be class project presentations that will be evaluated and the scores will be taken into account before the final certification.
PROJECT PARTNERS
Faculty
The faculty for the IPBA consisting of expert professors from IIM Indore and the experienced professionals from Jigsaw Academy are truly world class with vast experience in the business analytics domain.
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Bhuvanesh PareekFaculty, IIM Indore
See his profile here -
Harshal LowalekarFaculty, IIM Indore
See his profile here -
Sujay Kumar MukhotiFaculty, IIM Indore
See his profile here -
Pritam RanjanFaculty, IIM Indore
See his profile here -
Shubhamoy DeyFaculty, IIM Indore
See his profile here -
Saurabh KumarFaculty, IIM Indore
See his profile here -
Gaurav VohraFaculty, Jigsaw Academy
See his profile here -
Sarita DigumartiFaculty, Jigsaw Academy
See her profile here
Placements
CAREERS IN ANALYTICS
The data science and analytics industry is one of the most fastest growing, estimated at $2.71 billion in annual revenues. And the outlook is also positive, with an impressive growth rate of 33.5% CAGR.
Today, it is estimated a whopping 50,000 machine learning and data science jobs are unfilled and there are yet around 39,000 new analytics jobs that will open up just in India by 2020.
PLACEMENT ASSISTANCE
The program extends ‘recruitment-readiness’ assistance to all students, including:
- Preparatory interviews with industry professionals
- Networking events at IIM Indore
- Industry guest lectures
- Analytics question bank
- Resume assistance
As an IIM Indore program, students will be encouraged to elect and form a placement committee from amongst themselves. The placement committee is involved in facilitating placements. It does so by assisting recruiters to make appropriate hiring decisions and at the same time supporting the participants to make strategic career decisions. Students will be free to circulate relevant profiles amongst companies in IIM Indore’s and Jigsaw Academy’s networks of companies using their IIM Indore student credentials.
Note: For students with more than 5+ years of experience, it will be more relevant to identify opportunities that leverage their past domain experience and look at transitioning into a full-time data science profile over a longer period of time.
RECRUITMENT PARTNERS
IIM Indore students currently work at some of India’s largest companies and start-ups. Here is a sample list of recruiters.
Admissions
IMPORTANT DETAILS
Application & Interview
To start the application process, students will need to submit their application online along with the payment of an application fee. All valid applications will need to include a:
- CAT score OR
- GMAT score OR
- GRE score OR
- Jigsaw Administered Test score
Note: Jigsaw Administered Test is a test based on GMAT/CAT pattern which would cover quantitative ability, logical reasoning and data sufficiency questions. The test contains 15 questions with a time duration of 30 minutes and would be conducted through an online test platform. The test instructions would be shared with all applicants.
A telephone interview will follow once an application has been deemed successful. All candidates will be evaluated on an individual basis and only selected candidates will be emailed the offer letter. Admissions and interviews are being conducted on a rolling basis.
Selection and Registration for the programme:
After the interviews are conducted, all the selected candidates will be sent provisional admission offers which can only be deemed accepted by the candidate if the institute receives an acceptance letter along with a payment of commitment fee of INR 50,000/- (Rupees Fifty Thousand only) plus Applicable Tax within the stipulated time period mentioned in the offer letter.
Admission Criteria
The Integrated Program in Business Analytics (IPBA) has the following eligibility criteria:
- 50% in Bachelor’s Degree or its equivalent in any discipline.
- A valid GMAT / CAT / GRE / Jigsaw Administered Test score. The score should be within 05 years on the date of submission of application. For example, a candidate submitting application on 10 October 2018, should have taken the GMAT test between 11 October 2013 to 10 October 2018.
- Minimum 1+ years of work experience.
The program is open to all nationalities.
FEES
- Tuition Fees: INR 2.5 Lakhs + applicable taxes / $ 5,000
- The payment of the program fee is applicable through a Cheque, DD, Net Banking, Credit or Debit Cards
- For information on easy payments please contact our admissions office at +91 90192 17000
FAQS
The Integrated Program in Business Analytics (IPBA) has the following eligibility criteria:
- 50% in Bachelor’s Degree or its equivalent in any discipline.
- A valid GMAT / CAT / Jigsaw Administered Test score. The score should be within 05 years on the date of submission of application. For example, a candidate submitting application on 10 October 2018, should have taken the GMAT test between 11 October 2013 to 10 October 2018.
The program is open to all nationalities.
Please look at the Admissions section on this page for details.
The program is spread over ten months.
The application fees and payments are non-refundable. In case of extenuating circumstances, a transfer to the next batch is possible however a batch change fee will be applicable. This transfer will be approved in genuine cases only.
Please look at the Placements section on this page for details.
Yes, we have tie-ups with established financial institutions in case students wish to opt for an education loan to finance the program fees. However the loan disbursal and offers are from our loan partners and are dependent on your credit rating and details. Please contact us for details.
Yes, IIM Indore and Jigsaw Academy will have knowledge and corporate partners who will play an active role in the exposition of the curriculum, learning interventions and in networking.
Yes, you need your own laptop. The technology requirement shall be shared at the time of enrolment.
The certificate is awarded by IIM Indore.
Except for the PGP-MX, all of IIM Indore’s executive offerings are certification programs. IPBA is a certification program in business analytics from IIM Indore in collaboration with Jigsaw Academy. Students would be awarded a certificate from IIM Indore after the successful completion of the program. Moreover, all IPBA students would get a lifetime alumni access to IIM Indore alumni network.
Yes, part of the online classes and the in-person sessions would be taught by IIM Indore faculty.
All the requisite learning materials will be provided online through the Learning Management System. You are free to purchase any reference books or material as may be recommended by the faculty.
The learning material i.e. lectures and reading content would be available to you for 12 months after the course ends (in addition to the course duration which is 10-11 months).
We accept corporate sponsorships and can assist you with the process. Please contact us for details.
The students work on industry projects involving real-life data used by companies. The projects test the students in analytics, Big Data and techniques including machine learning and predictive analytics. Students teams will have a faculty mentor who will guide them through the project and a contact within the company who will provide the business context. Students will be encouraged to explore and solve the problem in the same way they would when in a live business situation.
The projects can be either :
- Problem Definition – Based on data cleaning and data manipulation
- Presentation of Findings – Based on problem definition and data provided by company
To be eligible for certification, students will need to pass all module-level asssessments with a minimum 50% score, and additionally a 50% score in the project. The assessment process will include vivas.
No, they are not compulsory, but we advise students to attend for an opportunity to meet the faculty, network with industry representatives and their peers and for a more holistic appreciation of the course.
Contact
REACH OUT
For any queries regarding admissions, or to establish industry or academia relationships, or additional assistance, reach out to us at ipba@iimidr.ac.in or +91 9019217000.
CORPORATE ADDRESS
Indian Institute of Management Indore Prabandh Shikhar, Rau-Pithampur Road Indore , Madhya Pradesh, India – 453556
Bangalore – Jigsaw Academy, 308, 3rd Floor, 100ft Main Road, Indiranagar, Bangalore, Karnataka – 560038
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