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Predictive Analytics

Decision makers often struggle with questions such as: What should be the right price for a product? Which customer is likely to default in his/her loan repayment? Which products should be recommended to an existing customer? Finding right answers to these questions can be challenging yet rewarding.

Predictive analytics is emerging as a competitive strategy across many business sectors and can set apart high performing companies. It aims to predict the probability of the occurrence of a future event such as customer churn, loan defaults, and stock market fluctuations – leading to effective business management.

Models such as multiple linear regression, logistic regression, auto-regressive integrated moving average (ARIMA), decision trees, and neural networks are frequently used in solving predictive analytics problems. Regression models help us understand the relationships among these variables and how their relationships can be exploited to make decisions.

This course is suitable for students/practitioners interested in improving their knowledge in the field of predictive analytics. The course will also prepare the learner for a career in the field of data analytics. If you are in the quest for the right competitive strategy to make companies successful, then join us to master the tools of predictive analytics.

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Indian Institute of Management, Bangalore

Rating Not enough ratings
Length 7 weeks
Effort 4 - 5 hours per week
Starts Apr 11 (7 weeks ago)
Cost $99
From Indian Institute of Management, Bangalore, IIMBx via edX
Instructor Dinesh Kumar
Download Videos On all desktop and mobile devices
Language English
Subjects Business Data Science
Tags Business & Management Data Analysis & Statistics

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Careers

An overview of related careers and their average salaries in the US. Bars indicate income percentile.

APA (Advanced Predictive Analytics ) $58k

Predictive Model and Pricing Tool Analyst $62k

Predictive Analyst $66k

Data Scientist - Predictive Modeling and Advanced Analytics $77k

Data Scientist - Predictive Analytics $79k

Predictive Maintenance Technician (PdM) Lead $83k

Predictive Maintenance Technician $85k

Global Analytics $89k

V.P. Analytics $89k

Pricing & Predictive Modeler $94k

Senior UX Designer, Predictive Intelligence $111k

Product Analytics $116k

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edX

&

Indian Institute of Management, Bangalore

Rating Not enough ratings
Length 7 weeks
Effort 4 - 5 hours per week
Starts Apr 11 (7 weeks ago)
Cost $99
From Indian Institute of Management, Bangalore, IIMBx via edX
Instructor Dinesh Kumar
Download Videos On all desktop and mobile devices
Language English
Subjects Business Data Science
Tags Business & Management Data Analysis & Statistics

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