Value Added Courses
JVIT Offers Various Value Added Courses to help students stand apart from the rest in the job market by adding further value to their resume.
- Business Analytics and Intelligence
- Big Data
Business Analytics and Intelligence: (Tri semester programme)
Introduction: The theory of bounded rationality proposed by Nobel Laureate Herbert Simon is ever more significant today with increasing complexity of the business problems; limited ability of the human mind to analyze the alternative solutions and the limited time available for decision making. Introduction of enterprise resource planning (ERP) systems has ensured availability of data in many organizations; however, traditional ERP systems lacked data analysis capabilities that can assist the management in decision making. Business Analytics is a set of techniques and processes that can be used to analyse data to improve business performance through fact-based decision-making. Business Analytics and Business Intelligence create capabilities for companies to compete in the market effectively. Business Analytics and Big Data has become one of the main functional areas in most companies. Analytics companies develop the ability to support their decisions through analytic reasoning using variety of statistical and mathematical techniques. Thomas Devonport in his book titled, “Competing on analytics: The new science of winning”, claims that a significant proportion of high-performance companies have high analytical skills among their personnel. On the other hand, a recent study has also revealed that more than 59% of the organizations do not have information required for decision making.
The course consists of six modules. The duration of 2 modules is 1 semester. The modules and their contents are discussed in the following paragraphs. Case-based teaching methodology will be used for all the modules.
Award of Certificate: A certificate of completion will be awarded by Institute to the participants at the end of the programme upon successful completion of the programme satisfying the programme requirements.