Indian Institute of Technology Kharagpur, India and Virginia Tech, USA jointly organizes an online certification course in Business Analytics and Artificial Intelligence. The course will be spanning over nine months commencing from May 30, 2022 to January 07, 2023 and with 3 months project work. The Institutes invites both students and industry executives across the world to apply for this programme. About 100 candidates would be selected based on their academic background and working experience. This collaboration is a step towards addressing the challenges of intelligent computation and interpretation of data produced at the rate of 2.5 quintillion bytes every day. The certificate program prepares analytical talent for today’s market that demands an understanding of artificial intelligence and its applications in data analytics. With an interdisciplinary approach as envisaged in NEP 2020, the program helps to identify the utility in data and develop innovative thinkers providing effective solutions that benefit the society with the ease of living in a data driven world.
The program integrates four dimensions of the analytic world comprising of data, computational models, technology, and applications. Through a series of modules organized along these dimensions, the faculties and the coursework is equipped with a new way of thinking and a new set of skills that address the challenges of today’s world. Organized into multiple sequential units with the last 3 months dedicated to a comprehensive capstone project under the guidance of IIT Kharagpur and Virginia Tech faculty. Upon completion of all requirements, the students will obtain a certificate in Business Analytics and AI from IIT Kharagpur and Virginia Tech. The classes are modular in approach where each module is led by an expert faculty member. Other experts from industry and academia will assist the lead faculty members with further value additional insights. The models proffered by AI and data science are robust, however, its applications are challenging. The course will prepare the individuals to apply the models in different domains including health sciences, business and engineering. The programme module comprises of prerequisite software including Python, Introduction to Business Analytics and Artificial Intelligence, Structured and Unstructured Databases, Statistics for Business Analytics, Classification and Clustering Methods, Neural Networks, Deep Learning, Decision Trees; Hands-on Pytorch, Tensor-Flow, Visualization and Storytelling with Data, Big Data, Application Domains and Case Studies on Computer Vision, NLP and Sentiment Mining, Time Series Modelling, Integration with other Technologies and Industry Talk Series.
Artificial intelligence (AI) is a wide-ranging tool that enables people to rethink how to integrate information, analyze data, and use the resulting insights to improve decision making having the ability to perform business tasks, transforming every walk of life. Modern technologies produces a vast amount of information that provides businesses an opportunity to understand customer preferences and needs better performance especially developed to satisfy technological pursuits of the largest democracy in the world. With more time spent on smart devices and increased interaction with search engines, social media and news feeds, the nature of data continues to evolve with a degree of anarchy. With the mix of Internet of Things (IoT), it is observed that the volume, velocity, and variety of data require thinking within a completely new paradigm. Students who transform to become future innovative think tanks can provide effective solutions that will benefit the immediate community and the world.
Prof V K Tewari, Director, IIT Kharagpur remarked – “This collaboration in business analytics and AI will encourage future leaders of transformative technology and engage them to think entrepreneurially. Structured as well as unstructured data i.e the Big Data is growing significantly faster than data in rows and columns. In the long term, the explainable artificial intelligence and automation will help in solving long pending legal cases.
Virginia Tech is a US-based public land-grant research university with its main campus in Blacksburg. It inculcates transdisciplinary approach to prepare scholars to be leaders and problem-solvers. It offers about 280 undergraduate and graduate degree programs to more than 37,000 undergraduate, graduate, and professional students and manages a research portfolio of more than $556 million. The university fosters a collaborative environment that integrates technology into all disciplines and has educational facilities in six regions across the USA with a research centre in Punta Cana, Dominican Republic, and a study-abroad site in Riva San Vitale, Switzerland.
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