Decision making process in organisations is now more and more getting based on Business Analytics. It involves using technology and systems to explore and investigate business data to gain insight for business planning and optimization. It is fostering innovation and productivity.
Ivory has done extensive market research to suggest inputs for the program to cater to the future needs in Business Analytics and Optimization. Ivory Education has also put together a whitepaper on careers in analytics. Program prospectus and whitepaper can be downloaded free of cost at www.ivoryeducation.com. There is a great demand for professionals in this area.
McKinsey predicts a continuous global shortage for professionals in this area and there may be a 50-60% gap between projected demand and supply by 2018. Professionals in Business Analytics often analyse Big Data, which is a source of tremendous new opportunities. According to Deloitte, "By the end of 2012 more than 90 percent of the Fortune 500 will likely have at least some big data initiatives under way."
Kapil Rampal, Director, Ivory Education, said, "Business Analytics is an area that can provide a host of benefits to organisations. The program will help in building talent to cater to the growing needs of this area."
IIT Delhi is recognised amongst the top two engineering institutes in the country by Outlook, Data Quest and India Today rankings. This program is offered under Continuing Education Program (CEP) of IIT Delhi. CEP's objectives include to assist working professionals in the industry in widening their knowledge base and assist the industry to be globally competitive. The classes will be organised on Sundays. They will be conducted from IIT Delhi and will be available through e-learning.
The Program Coordinator of Advanced Business Analytics & Optimization is Prof. Ravi Shankar. He is Group Chair of Sectoral Management, and Faculty Coordinator of MBA (Telecommunications Systems Management) at IIT Delhi. He has an outstanding academic credential with a Ph.D. from Indian Institute of Technology Delhi India, M.Tech. (Industrial Engineering), M.B.A. (Systems & Operations Management) and Bachelor of Engineering (Mechanical Engineering). He was the University topper and gold medalist in both Bachelors and Master's Degree Programmes.
He has a rich teaching experience of over 29 years and as convener/member of different teams, he has contributed immensely to many Universities, Government bodies and Private Industries. He has published over 300 research publications in reputed journals and conferences.
Prof. Ravi Shankar has authored books on Operations & Supply Management (12th Edition: 2010), Industrial Engineering and Management (2nd Edition: 2009) Supply Chain Management (3rd Edition: 2008), Total Quality Management (2007), Technology Management (2013) and Enterprise Resource Planning (1998).
About Ivory Education:
Ivory Education is one of the leading companies in the area of e-learning. It currently works with IIT Delhi, Mudra Institute of Communication, Ahmedabad, Educatis University and many other partners to co-create high-quality education programs and offer them through e-learning.