IIMA - Course Catalogue
Courses
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Programme
PGP
Term
IV
Academic Year
2021-22
Course title
Big Data Analytics
Area
Information Systems
Credits
1.25
Instructor(s)
Prof. Srikumar Krishnamoorthy
Course Description & Objectives
Objectives:
IDC estimates that the market for big data and business analytics will grow from $168Bn in 2018 to more than 225Bn in 2022. Despite significant market potential, there is a dearth of analytical talent – data scientists (akin to the Wall Street quants of the 1990s), analysts and managers – to leverage the economic value of big data.
Big data analysis is likely to fuel the next wave of growth in productivity, innovation, and competition in the market place. The organizations ability to unlock the potential of big data and lead in the market place will be largely determined by its ability to tackle major hurdles in effectively managing big data – identifying the business use case, hiring, nurturing and retaining the right analytical talent for conducting big data analytics, and embracing data driven culture for making business decisions.
This course aims to help the participants to build a solid foundation on big data. It will enable the participants to learn, design and build big data analytic solutions to solve business problems and improve decision making. The course will also help participants to understand various issues, challenges and best practices in implementing big data analytic solutions in organizations.
Pedagogy
This course will have a mix of lectures, case discussions, and hands-on sessions.