Online Course on
Prescriptive Analytics
A structured online programme from IISc introduces the concepts and techniques of prescriptive analytics for data-driven decision making. It focuses on methods that combine data analysis, optimization, and machine learning to recommend optimal actions in real-world business and engineering problems. The course also highlights practical applications and case studies to support effective planning and strategic decisions.
Course at a Glance
Know the Course Instructor
Dr. M. Mathirajan
His research focuses on mathematical and heuristic optimization in industrial engineering, operations management, logistics and supply-chain management, scheduling, and container terminal management.nnHe obtained his PhD and MS in Engineering from IISc and an MSc in Mathematics from Madurai Kamaraj University. Prof. Mathirajan has contributed to several research publications and projects related to operations research and optimization methods for industrial and transportation systems.
Objectives of the Course
Provide business practitioners and interested learners with a selected set of Management Science and optimization techniques.
Discuss the fundamental concepts, methods, and models needed to understand prescriptive analytics.
Enable implementation of these techniques in the era of Big Data.
Course Syllabus
Introduction to Business Analytics
Linear/Integer/Non-Linear Optimization
Optimization of Network Models
Dynamic Programming
Introdcution to Heuristic Programming
Goal Programming
Selected Multi-Attribute Decision Making Methods
Monte Carlo Simulation
Prescriptive Analytics tools for solving business optimization problems
Case studies from Business, Industry, and Government using LINDO, LINGO, CPLEX, and PuLP optimization packages
Who Can Apply & Who Can Benefit?
Who Can Apply?
- BE / BTech, ME / MTech students and graduates
- Master’s degree holders in Business Administration, Management, Operations Research, Computer Science, Computer Applications, Mathematics, Statistics, Commerce, or Economics.
- 3rd year and final year students from the above disciplines are also eligible to apply
Who Can Benefit?
- Students and researchers interested in analytics and optimization
- Business and management professionals working with data-driven decision making
- Engineers and analysts involved in operations, logistics, and supply chain management
- Faculty members and researchers in management, analytics, and operations research
Course Fee
Class Schedule
Reference Books
Semester Runs
Ready to Enroll?
Apply online at iisc.online · New batches every semester