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    Analytics for Strategic Choices
    Indian Institute Of Management Bangalore

    Analytics for Strategic Choices

    Indian Institute Of Management Bangalore, Bangalore
    4 daysDuration
    in-personFormat
    EnglishLanguage
    Data & AITopic

    Next Available Cohort

    Choose your preferred start date

    Jun 22 - Jun 25, 2026
    4 days ยท in-person ยท Instructor-Led ยท Bangalore Campus
    Open
    $1,581

    All-inclusive program fee

    About This Program

    "Errors using inadequate data are much less than those using no data at all." - said Charles Babbage. He was right then, and he is right even more now. It is now widely recognized that data analytics plays a crucial role in corporate decision-making. Considering the volume of data generated every second, it has become almost a necessity for businesses to make data-driven decisions. Nevertheless, care must be taken. As Mark Twain cautions: "Data is like garbage. You'd better know what you are going to do with it before you collect it." So, what tells one what to do? Answer: functional domain concepts. Any insightful data analytical model must consider and combine underlying domain concepts while formulating and executing the analysis. Surprisingly, in practice, analysts often overlook domain concepts when constructing their models. This program aims to fill this gap. Aided by different functional domain knowledge's, it introduces participants to a number of data analytics techniques that yield actionable business insights. The program combines domain concepts with data analysis tools to produce actionable business decisions. Participants will gain hands-on experience analyzing data from various industries and/or countries.

    Why Indian Institute Of Management Bangalore?

    IIM Bangalore occupies a position in Indian management education that no other institution quite replicates โ€” a school shaped by a post-Independence nation-building mandate that has since grown into one of Asia's most respected research and leadership institutions. Its executive education programs draw participants from across India's most consequential industries, from Bengaluru's technology corridor to Mumbai's financial sector, and bring them into contact with faculty who are as likely to be publishing in top-tier academic journals as advising a government ministry.

    Your Profile

    • Consultants
    • Business unit leaders/functional leaders supporting business unit leaders
    • Data and technology specialists
    • General managers, senior executives
    • Entrepreneurs/business owners
    • Anyone with basic mathematical and/or statistical skills interested in data analytics; coding experience is beneficial but not required.

    Benefits

    • Gaining skills of using and combining domain knowledges with data when building data analytics models.
    • Learn demand modelling, pricing, cause-and-effect analysis, benchmarking, and economic forecasting tools for business strategy.
    • Hands-on, step-by-step instruction in regression analysis, stochastic frontier analysis, and analysis of longitudinal and incomplete data.
    • Receive IIMB Executive Education newsletters, invitations to EEP webinars, and a certificate of participation from IIMB.

    What You'll Learn

    • Data and concepts work best together: data is knowledge, but data only can be misleading sometimes.
    • Guest speaker: business analytics in the industry, its opportunities and challenges.
    • Machines that make numbers speak: probability and statistics.
    • The beauty of theory: domain concepts (e.g., strategic choices, digital marketing, and financial management).
    • Decisions and their effects: establishing qualitative and quantitative relationships between variables using linear regression analysis (basics), functional forms, categorical variables.
    • Modelling binary choices: the logit model.
    • Tracking same units over multiple time periods: analysis of panel/longitudinal data.
    • Judging the future: forecasting.
    • Performance is key: benchmarking and performance/efficiency analysis with the stochastic frontier method.
    • Dealing with incomplete data: analysis of censored/truncated data, selection model.

    Frequently Asked Questions

    How to Apply

    1. 1

      Check your eligibility

      Review the entry requirements listed on this page. Most executive programs require 8โ€“15 years of professional experience.

    2. 2

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    3. 3

      Contact the school

      Send a message directly to Indian Institute Of Management Bangalore via Gradia to request a brochure or speak with an admissions advisor.

    4. 4

      Prepare your application

      Gather your CV, reference letters, and any required test scores. Many EMBA programs waive standardised tests for senior candidates.

    5. 5

      Submit your application

      Apply directly through Indian Institute Of Management Bangalore's official application portal.

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