IISc launches PG course in Biz Analytics
By
siliconindia | Monday, 24 January 2011, 18:25 IST
Bangalore: Realization of management in science, research and development pushes IISc to launch a post-graduate programme in management. Although IISc is a science institution, it wants to inculcate technology management and business analytics in its course.
IISc finds management as a crucial tool in translating results of science to products. "India is emerging as one of the global hubs of technology intensive organizations and Research and Development (R&D). Such technology based and R&D intensive industries need executives with exposure and training in technology management and business analytics. These executives need to have the ability to understand, assess and forecast how technologies impact the systems within and outside the organization (environment, economy and society at large)," said an IISc scholar.
Course includes training in incubation of firms, setting up venture capital firms and start-ups to give students practical experience in setting up their own enterprises. "Formal education in analytics will strengthen the capability of these executives to perform robust analysis to make decisions in information and data-driven organizations. It helps to meet these two distinctive needs of high-tech industries of emerging India that our new masters' programme will focus on training students in technology management and business analytics," an IISc student told.
JMET qualified candidates with first class in BE/B.Tech, equivalent or GATE qualified candidates with first class in BE/B.Tech, equivalent are eligible. The programme is for 24 months. During summer vacations, students will be motivated to do internships with Public Sector Units, private Research and Development firms and high-tech industries in corporate sector.