भारतीय  प्रबंध  संस्थान  रांची


Indian Institute of Management Ranchi (IIM Ranchi) is a premier management institute of the country, the ninth Indian Institute of Management and was established at Ranchi in 2010. This was made possible with the extensive support of Ministry of HRD, Government of India and the Government of Jharkhand. IIM Ranchi is providing high quality education in the area of Management. IIM Ranchi currently offers a two year MBA Programme in General Management, which is our flagship programme. Going by the growing importance and indispensability associated with human resources, we are also offering a full-time two year programme in Human Resources Management (MBA-HRM). We also offer Ph.D Programme funded by the government and Executive MBA for working executives. Our programs are carried out in a world-class fashion with students being exposed to case-studies, relevant projects and relevant industry experience apart from class pedagogy. We have also launched Certificate Programme in General Management (CPGM) for working executives and Executive Ph.D program recently. IIM Ranchi has always given special thrust in business analytics right from its inception.

In-order to keep the executives abreast of latest developments in management for their overall improvement, it is imperative to have Management Development Programmes (MDPs) for the working executives which give scope and opportunity for interactions between Industry and Academia. Accordingly, IIM Ranchi has conducted Management Development Programmes as well as In Company Programmes for Organizations like Powergrid Corporation of India Ltd, Export Credit Guarantee Corporation of India Ltd (ECGC), NTPC-Coal mining, Damodar Valley Corporation of India Ltd (DVC), Indian Oil Corporation of India Ltd (IOCL), Life Insurance Corporation Ltd, Mahindra Finance, Jharkhand Bijli Vitran Nigam Ltd (JBVNL), Department of Public Enterprise- Government of India, Department of Forest- Government of Jharkhand, Department of Industries- Government of Jharkhand, Shri Krishna Institute of Public Administration- Government of Jharkhand in different functional areas like OB & HR, Finance & Accounting, Marketing Management, Operation Management, Strategic Management, Information system etc . Most of the courses were conducted at Ranchi with duration of 5 days. IIM Ranchi has been conducting MDPs in business analytics since 2012.

 Introduction of CPBABI

Certificate Programme in Business Analytics (CPBABI) at IIM Ranchi is a 18-month programme for the executives in private and public sectors, government and faculty members in business analytics, computer science & engineering and IT. The programme aims to prepare participants for careers that apply and manage modern data science to solve critical business challenges. With the growing importance of business analytics, the demand for talents to analyse and demystify data is in increasing demand. The program has been designed to impart in-depth knowledge on modelling the business problems and on using the tools and techniques of analytics to make the participants capable of playing a leading role in this evolving field. It is structured to enable the participants to define business and other real-life problems, use analytical tools and techniques to identify patterns, gain insights, develop business strategies and make sound management decisions. The program is expected to provide an overview of various management disciplines and an in-depth understanding of data science.

Certificate Programme in Business Analytics & Business Intelligence (CPBABI) will extend over 5 terms in a period of around 18 months.

Classes are to be conducted online in COVID-19 Pandemic situation only.Once the Pandemic situation is over classes will be conducted in IIM Ranchi.

Each term will be for 9 days (from Saturday to next Sunday).

 Objectives of the Programme

    The primary objectives of this programme are:

  1. To provide a comprehensive learning environment for participants to cope with the increasing demand for complex data analysis and thus helping organizations to make better decisions.
  2. To understand the necessary principles of different forms of analytics (descriptive, predictive and prescriptive) to facilitate decision-making in practical business settings.
  3. To acquire and use advanced analytical as well as managerial skills to evaluate uncertain and dynamic business environment and to make effective decisions.
  4. To develop the ability to communicate business information to decision makers and policymakers.

 Indicative Content of the Programme and other Details

I. Introduction to Business Analytics & Business Intelligence 10
Statistics for Analytics 20
Machine Learning and Data Mining 10
Hands-on in R and Python 20
II. Predictive Analytics 20
Operations Research 20
Hands-on in SPSS Modeller, R and Python 20
III. Text Mining and NLP 20
Supply Chain Analytics 20
Fundamentals of Marketing Management 20
IV. Social Media Analytics 20
Social Network Analytics Lab (Gephi) 10
Text Mining and NLP Lab (Python and R) 10
Analytics in Finance 10
Marketing Issues in Analytics 10
V. Marketing Intelligence & Marketing Analytics 20
ANN and Deep Learning 10
HR Analytics 10
Spreadsheet Modelling and Analysis 10



The participants would be evaluated on a continuous basis on the mix of the following suggested assessment components

The faculty member(s) of the respective courses would circulate a detailed course outline among the participants which shall provide details on the evaluation criteria adopted by them. The end-term examination of each term would be conducted on the last day of the campus visit.

 Eligibility and Selection Process

In order to be eligible to apply for CPBABI, a candidate must possess a full-time undergraduate/post-graduate degree with a minimum of 50% marks or equivalent CGPA in:

- engineering/technology
- science with mathematics/statistics/Operations Research/computer science/information technology as one subject
- computer application
- any equivalent academic discipline considered to be appropriate as per the assessment of IIM Ranchi

Undergraduate/Post-Graduate degree with a minimum of 50% marks or equivalent CGPA in disciplines other than the above ones may also be considered provided the candidate has a minimum of 2 years’ full-time work experience in analytics.

Selection process for the programme will take place based on the profile scoring assigned by the institute using the details provided by the candidates. Mere eligibility does not guarantee selection to the programme.

 Programme Fee Structure

With reference to the fee structure, the total fees for the 18 months certificate programme in Business Analytics and Business Intelligence is Rs 4,00,000+ GST as applicable which has to be paid as stated below:

This includes the tuition fee, course material and program kit. This does not include the travel, boarding and lodging expenses which are to be borne by the participants.

The above mentioned fee structure is not inclusive of accommodation and food. The candidate shave to arrange their own accommodation during the visits. The CPBABI office shall provide the address and contact details of the good hotels located near the institute campus. The participants who need assistance in locating a good hotel may contact the CPBABI office.

 About the Programme Directors

Prof. Pradip Kumar Bala
Professor, Information Systems & Business Analytics

Dr. Pradip Kumar Bala, Professor in the area of Information Systems & Business Analytics, holds Ph.D., M.Tech. and B.Tech.(Hons.), all from IIT, Kharagpur. His teaching and research spans over the topics like data mining, text mining & NLP, deep learning, recommender systems, social media analytics and marketing analytics. Prior to academics, he was working in TATA Steel, Jamshedpur. In IIM Ranchi, he has conducted many executive programs in business analytics and business intelligence (EPBABI) for corporate executives. He has published research papers in the business application of data mining, data mining algorithm, recommender systems, text, web and social network analytics. He has published more than 75 research papers in reputed international journals published by Elsevier, Springer, Taylor & Francis, Emerald, Wiley etc., conference proceedings and edited books. He has supervised six Ph.D. students in IIM Ranchi and many other full-time and executive doctoral students are working under his supervision. More details of his achievements and publications are available in the faculty page of IIM Ranchi website.

Prof. Nitin Singh
Professor, Information Systems & Business Analytics

Dr. Nitin Singh is Professor of Information Systems & Business Analytics at IIM Ranchi. He had been employed previously with KPMG, Hexaware, Boston Analytics, GE Capital, IIM Indore & HPCL. Nitin has published in International prestigious journals (listed in ABS & ABDC) published by Blackwell, Wiley, Taylor & Francis, ACM, IEEE, Atlantis & Thomson Reuters. His industrial experience is in data analytics, big data & forensic analytics. Nitin has been a visiting researcher with Hong Kong Poly University for several years. He holds a PhD from IIM Bangalore and was Aditya Birla doctoral scholar at IIM Bangalore during his doctoral studies. He holds experience in working with technologies like Python, SAS & SQL Server and is certified SAS programmer from the SAS Institute, USA. He is a reviewer for Journal of Global Information Management, Computers & Industry & other such prestigious journals.

 Other Details

The Programme is expected to commence from December 2020.
Last Date to apply for the programme is October 31, 2020.
For any further information, please visit:

For any query on admission, please email to with cc to the programme directors, Prof. Pradip Kumar Bala ( and Prof. Nitin Singh (