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ITS THE SIMPLE REASON WHY YOU SHOULD BE DOING THE SAME. NIITs Programs In Business Analytics.
digital: the rest was on paper, film, cassettes, etc. Today, it is estimated that about 1300 exabytes of information exists in the world and only 2% is non-digital and 90% is unstructured! Google processes more than 24 petabytes of data every day. Facebook, that did not even exist 10 years ago, today puts up over 10 million photographs every hour. About an hour of video is uploaded on YouTube every second; about 3 billion like buttons are pushed every day on Facebook; and there are more than 400 million tweets per day. About 2.5 exabytes of data is getting created every day and that number is doubling every month! All this is leading to an explosion of data.
Big data is data that is too large and complex for conventional data tools to capture, store and analyse. It allows analysts to spot trends, extract insights and make predictions: Just one flight from New York to London generates about 10 terabytes of data! Around 7 billion shares are traded every day on the US stock markets; Walmart collects 2.5 petabytes of data from
customer transactions every hour. 10,000 credit card transactions are made every second. All this is creating a need to manage this data differently: Businesses have realised that analysing this huge volume of data can give extremely valuable insights that can help them drive revenues or profits or customer loyalty.
Which are the some of the big Analytics companies with operations in India?
Analytics is such a fast growing field, that the number of companies keeps increasing rapidly. But the following is a representative list: 1. IT Infosys, TCS, Wipro 2. KPO Genpact, WNS 3. Citibank, Dell, HP, Spencers, Target 4. Niche: Brainmatics, Fractal Analytics, Mu Sigma.
Can professionals with work experience in other fields switch to Analytics? Should they?
Analytics is one of those fields that people are switching to even very late in their careers because it is exciting and extremely well-paid with exceptionally bright growth prospects. The data revolution is just beginning!
Faculty
Sudhir Kumar Mallick M Stat (Indian Statistical Institute) PG Diploma in Comp Science (Indian Statistical Institute) Retired as Principal Consultant, TCS, 33 years of experience in IT Services and Analytics
Dr. Debasish Roy Ph.D (University of Auckland, New Zealand) Has held visiting faculty positions at Cambridge University (UK), Pavia University (Italy) and Indian Statistical Institute
Shyam Karmakar M Stat (Indian Statistical Institute), PGDM Chartered Statistician of the Royal Statistical Society, London
Dr. Nidhan Choudhuri M Stat (Indian Statistical Institute) Ph.D in Statistics from Michigan State University Has worked in Analytics for Morgan Stanley and Barclays Bank and has taught at University of Michigan and Case Western University. 16 years of experience out of which 8 years in corporate world and 8 years in academia
Program Structure
BASE MODULES ADVANCED MODULES
FOUNDATION OF ANALYTICS STATISTICAL INFERENCE ADVANCED BUSINESS FORECASTING ANALYTICS ACROSS BUSINESS VERTICALS
ANALYTICS ACROSS BUSINESS FUNCTIONS SPECIAL ANALYTICAL METHODS INFORMATION MANAGEMENT IN ANALYTICS INTEGRATED CASES BUSINESS ANALYTICS PROJECT 1
26 WEEKS
17 WEEKS
ADVANCED ANALYTICS
INTEGRATED CASES
Program Curriculum
Foundation of Analytics Business Analytics Applications and Scope Essential Mathematics for Analytics Essential Economics for Analytics Fundamental Statistics for Analytics Sampling Techniques Estimation - Point and Interval Hypothesis Testing Correlation Regression - Linear, Non-linear, Logistic Basics of Time Series ANOVA Financial Management Operations Management (including Operations Research) Marketing Management Qualitative and Quantitative Applications in Market Research Supply Chain Management and special application of OR Human Resources Management Advanced Predictive Methods Machine Learning Data Mining Text Mining Analytics Software and Programming Data Preparation (ETL) and Visualisation Analytics Software - R, Excel, Solver Basics of Big Data - Hadoop, HDFS, Hive, Pig, Python Advanced Forecasting - Exponential Smoothing, Parameters AR (Auto Regressive), MA (Moving Average), ARMA & ARIMA Heteroscedastic Time Series - ARCH, GARCH Forecasting Time Series using R Advanced Linear Algebra, Simultaneous Equations Advanced Machine Learning Advanced Data Mining & Text Mining Advanced Operations Research Advanced Market Research Big Data Analytics Banking Analytics Healthcare Analytics Telecom Analytics Entertainment Analytics Media Analytics
Statistical Inference
Advanced Analytics
The Program includes TWO major projects plus Assignments and Case Studies in all modules.
Knowledge Partner:
Analytics Programs?
Learners with a background in business management, engineering, mathematics, statistics, or economics are best placed to undertake this program. An admission test will be administered to accept students into the program.
What are some of the job profiles at the entry level in Analytics?
Business Analyst, Data Analyst, Data Manager
After finishing the Analytics program from NIIT, which industries can I join?
Analytics is fast emerging as an industry in its own right. However, Analytics jobs and careers exist in most large companies in almost every industry vertical - banks, retail, online businesses, manufacturing, telecom, healthcare you name it.
What are the average starting salaries in this field, and which cities offer better scope?
As a qualified Analytics professional, you can easily earn a starting salary of between Rs 4-6 lakhs per annum. Mumbai offers the best opportunity, closely followed by Bangalore, Pune, Gurgaon and Hyderabad.
The field of Analytics requires expertise from a variety of field such as Statistics, Mathematics, Economics, Business, and IT. Our faculty has been drawn from experts in these fields.
Sudhir Kumar Mallick. M Stat (Indian Statistical Institute), PG Diploma in Comp Science (Indian Statistical Institute). Retired as Principal Consultant, TCS, 33 years of experience in IT Services and Analytics.
We have ensured that when we teach any topic, you learn it in the context of how it is applied in the field of Analytics.
Dr. Debasish Roy. Ph.D (University of Auckland, New Zealand). Has held visiting faculty positions at Cambridge University (UK), Pavia University (Italy) and Indian Statistical Institute.
This is the most comprehensive course available in India designed and developed by industry practitioners.
Shyam Karmakar. M Stat (Indian Statistical Institute) PGDM, Chartered Statistician of the Royal Statistical Society, London.
The true standing of an institute is reflected by the demand for its students in the industry.
NIITs industry Collaboration Division has an unmatched track record in helping our students find their dream careers. After all, the new NIIT courses have been co-designed with the industry to transform you into a complete professional. With an extensive network that covers most major Indian cities, our Industry collaboration creates more than 40,000 job openings every year. This opens up a world of opportunity for all participants of NIITs programs.
Corporate Headquarters: NIIT Limited, 85, Sector 32, Institutional Area, Gurgaon-122001, India
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