Business Analytics Program

Duration: 1 Year
Semesters: 2
Course Delivery: Alternate Weekend sessions
University: IIT Madras


With a population size in billions, we as a country are synonym to ever growing talent pool; catering to the needs of each and every sector possibly known to human kind. This has resulted in India becoming an absolute hub for all those foreign companies looking to find one of the best outsourcing places. The rapid developments in the field of business analytics shall change the world of businesses; as well as business models; and help them improve exponentially too.

If you want to succeed in any industry, you need to study newer trends & improvise in your processes. There is practically no sector which has remained untouched from the reach of business analytics. Data analysts, with the right set of skills and expertise; are in demand in a wide range of industries where businesses are realizing the potential of enabling analytics in their organization.

Indian Institute of Technology Madras is one among the foremost institutes of national importance in higher technological education, basic and applied research. The Institute has sixteen academic departments and a few advanced research centers in various disciplines of engineering and pure sciences, with nearly 100 laboratories organized in a unique pattern of functioning. Foreseeing the future of analytics industry, Both BSE Institute and IIT Madras endeavor to provide world-class education to the students through collaborative programs that shall lead to opportunities of joint research and facilitate industry exposure for students of both the institutions.

The use of business analytics has grown exponentially in all areas, including financial services, healthcare, government, retail, e-commerce, media, manufacturing, and the service industry. This has led to an increase in the demand for employees with an analytical approach to management who can utilize data, understand statistical and quantitative models, and are able to make better data-driven business decisions.

In association with Centre for Continuing Education - IIT Madras, Executive Program in Business Analytics enables working professionals with in depth understanding of the key technologies used in analytics, viz. data mining, machine learning, visualization techniques and statistics. The program is designed on a schedule that minimizes disruption of work and personal pursuits, spread over one year (part-time) focusing on overview of the field of analytics so that you can make informed business decisions.

India's analytics industry is currently estimated to be $2.03 billion annually in revenues & it is expected to nearly double by 2020, a study conducted by Analytics India Magazine and AnalytixLabs has found. Thus, it is set to bring equal opportunities for all - starting from fresher to experienced professionals in the space.

Course Objective

To enable working professionals with in depth understanding of the key technologies used in analytics, viz. data mining, machine learning, visualization techniques and statistics. This course describes how one can turn the sheer complex data into a competitive advantage with the efficient use of Business Analytics & thereby fostering / supporting the decision making.

Course Eligibility

  • Diploma holders / Graduates from any recognized University.
  • Candidates from Engineering / BCA / Mathematics / Statistics background will get an edge over the remaining applicants.
  • Freshers can also apply.

Course Structure

One year duration I 2 Semesters I Alternate Weekends session

Note - Registration is open. Course commencement is subjected to minimum class size of 20 students

Introduction to Data Sciences
Introduction to Data Management
Introduction to Business Metrics
Introduction to Applied Business Statistics
Statistics using R
Regression and Classification for Business Applications
Machine Learning
Tools and Techniques of Data Visualization and Communication
Time Series Modelling
Project Work

Admission Procedure

The admission committee takes into account candidate’s educational qualification and work experience (If any). On successful evaluation of relevant credentials, an offer letter is issued to the candidate stating the admission guidelines and fee structure.

Candidate has to accept the offer, and pay the admission fee to confirm the enrollment for Business Analytics program.

Program Fees:

The total fee for "Certificate Program in Business Analytics" is Rs. 1,75,000 + 18% GST = Rs. 2,06,500/-

Following are the modes of payment:

  • Demand Draft (D.D) / Cheque : Candidate can pay the admission fee via. Cheque OR Demand draft made in favor of “BSE Institute Limited”, payable at Mumbai.
  • NEFT Payment : Candidate can pay the admission fee via. NEFT as well. Details shall be shared at the time of admission

A deferred payment facility exists with the following schedule:

Application & Pre enrolment fee Rs. 7,500/-
Initial Down payment Rs. 70,000/-
Instalment 1 Rs. 65,000/-
Instalment 2 Rs. 65,000/-

(Candidates need to submit the PDCs towards future instalments as per the due date at the time of admission confirmation)

  • Instalment option for fees is not available for international participants.
  • In case fees is not paid by the due date, a penalty of INR 2,000/- will be levied after 7 days grace period along with instalment amount.

Note:Registration is open. Course commencement is subjected to minimum class size of 20 students

  • Candidates availing Deferred payment facility need to necessarily submit Post Dated Cheques’ toward the balance program fee as per the payment schedule specified in the admission offer letter. It is student’s responsibility to ensure the sufficient fund availability in the respective A/c to avoid cheque bounce.
  • BSE Institute will not be responsible for sending any reminder for Installment dues. In case, if the installment cheque gets bounced, candidate is liable to pay the applicable bounce charges.

The Admissions Committee reviews and accepts applications of suitable candidates. As soon as the application dates are posted on website, participants may apply.

Steps for Applying

  • Initiate the process by paying Pre-enrolment fee of 7,500/- via. Online OR by cheque/ Demand draft drawn in favor of “BSE Institute Ltd”, payable at Mumbai.
  • Fill in the application form with all the required details. (Refer the website to download the application form)
  • Submit the application form along with duly attested photocopies of all semester graduation mark sheets & work experience documents (if required)
  • Candidates sending their application form & photocopies of all semester graduation mark sheets via. Courier, will have to post on following address:
    Admissions In-Charge - PGP Online Courses,
    BSE Institute Limited, 18th & 19th Floor,
    P. J. Towers,Dalal Street,
    Mumbai - 400 001.
  • The selection committee reviews the application & carefully evaluates all the documents on the basis of the required criteria’s. On successful evaluation, shortlisted candidates will be updated on their application status.

Note: Registration is open. Course commencement is subjected to minimum class size of 30 students.

Refund Policy

  • All fees are non-refundable.
  • Only the Pre enrolment fee of Rs. 6,500/- will be refunded completely, if the applicant is not selected for the program by the institute. This does not include the application amount of Rs. 1,000/-
  • Pre enrolment fee will not be refunded, if the candidate is offered admission for the program and he/she does not join before the date mentioned in the offer letter.
  • The selection offer letter is meant for a particular batch. Neither the offer for admission nor the initial amount is transferable to any other program or batch.