The 'ISB Biocon Certificate Programme in Business Analytics' is aimed at creating "the next generation of data management scientists", the business school said in a statement today.
Biocon Foundation has extended full funding support for the one-year programme.
As many as 104 people, having varied work experiences, have enrolled in the first batch. Classes for them started on September 14 at ISB Hyderabad campus.
"I think this course will develop high quality business analytics, which will be a great value add to the industry... I believe this course will address some of the growing needs of the industry across sectors," Biocon Foundation promoter Kiran Mazumdar Shaw said.
According to ISB, the one-year part-time programme would have 430 contact hours and the course would be spread across classroom as well as technology-assisted learning.
"The schedule will include classroom learning, apart from guest industry speakers, workshops and group projects. The rest of the programme will be delivered online," ISB said.
Students would be required to stay on campus for a five-day schedule of classroom learning every alternate month for a span of 12 months.
"There is an explosion in the data being generated in practically every sphere of business. With greater adoption of digital technologies, this is bound to grow exponentially. However, there is a dearth of available talent to help organisations make sense of this data deluge ...," ISB Deputy Dean Deepak Chandra said.
To meet this demand, the certificate programme in business analytics has been introduced, he added.
ISB has campuses in Hyderabad and Mohali.