STARTS ON

November 29, 2018

DURATION

2 months, online
6-8 hours per week

PROGRAM FEES

$1,950

info Flexible payment available

Note: This online program requires no prerequisites in terms of math or computational sciences, although some experience with introductory-level statistics is helpful.

Decision-Making in the Presence of Uncertainty

It’s a common challenge for decision makers: how do we make optimal choices with so many unknown variables? It turns out that business insights come from turning what is unknown into what is known. Using the tools and techniques that facilitate that process is how machine learning can deliver tremendous impact to your organization.

$ 57.6 Bn

Corporate spending on AI and ML is forecast to grow from $12 billion in 2017 to $57.6 billion by 2021.

SOURCE: INTERNATIONAL DATA CORPORATION

61%

61% of organizations picked machine learning/artificial intelligence as their company’s most significant data initiative for the next year.

SOURCE: MEMSQL SURVEY, 2018

2x

The number of machine learning pilots and implementations will double in 2018 compared to 2017, and double again by 2020.

SOURCE: DELOITTE GLOBAL

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Who is this Program for?

  • Decision makers across all business and technical functions will gain a practical understanding of the tools and techniques used in machine learning applications for business.
  • Examples from retail, ecommerce, financial services, healthcare, social media, advertising, technology, gaming, and pharmaceuticals are included in this online program. However, participants from all industries and sectors will find these examples relevant.
  • Functional and cross-functional teams are encouraged to attend together, to accelerate the machine learning adoption process.

Your Learning Journey

This online program takes a look at machine learning through a lens of practical applications. It is designed specifically for decision makers who want to develop a competitive edge by turning what is unknown into what's known—leading to better business decisions and outcomes.

Understanding Data

  • Visualizing One-Dimensional & Multi-Dimensional Data
  • Using PCA, Clustering, K-Means, and Topic Models
  • Structured vs. Unstructured Data

Prediction

  • Supervised Learning
  • Regression
  • Classification
  • Neural Networks

Decision Making

  • The Optimal Decision in Presence of Uncertainty
  • Dynamic vs. Static Environment
  • High to Low Information Rate
  • Using Model Predictive Control, Markov Decision Process, Multi-Armed Bandit, and Reinforcement Learning

Causal Inference

  • Cause and Effect Relationship
  • Thoughtful Experiment Design
  • Randomized Control
  • Hypothesis Testing
  • Synthetic Control
  • Time-Series Forecasting

Program Modules

  • Module 1: Introduction and Overview of Machine Learning
  • Module 2: Understanding Your Data
  • Module 3: Prediction Part 1 — Regression
  • Module 4: Prediction Part 2 — Classification
  • Module 5: Prediction Part 3 — Neural Networks
  • Module 6: Decision Making Foundations
  • Module 7: Decision Making Applications
  • Module 8: Causal Inference
DOWNLOAD SYLLABUS

What You’ll Learn?

The tools and techniques in this machine learning program can help to address many common business challenges. Learn with examples from:

BANKING
PHARMACEUTICAL
MARKETING
RETAIL
FINANCE
ECOMMERCE
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Faculty

Devavrat Shah
DEVAVRAT SHAH
Professor of Electrical Engineering and Computer Science
Director of Statistics and Data Science Center
MIT

Devavrat Shah is a professor with the department of electrical engineering and computer science, MIT. He is a member of the Laboratory for Information and Decision Systems (LIDS) and Operations Research Center (ORC), and the Director of the newly formed Statistics and Data Center in Institute for Data, Systems, and Society. His research focus is on theory of large complex networks, which includes network algorithms, stochastic networks... More info

Certificate

Machine Learning: From Data to Decisions

Certificate

Get recognized! Upon successful completion of the program, MIT Professional Education grants a certificate of completion to participants. This program is graded as a pass or fail; participants must receive 80% to pass and obtain the certificate of completion.

EARN CERTIFICATE

MIT Professional Education Fire Hydrant Award

It’s said that studying with MIT is like drinking from a fire hose—intense, yet thirst-quenching. For those participants who demonstrate leadership by going above and beyond in the program, they’ll receive the coveted Fire Hydrant Award. This award can be displayed in professional bios, such as on LinkedIn. Decisions are made by MIT program faculty and facilitators based on participation and behaviors that exemplify exceptional leadership and contribution to the overall program experience for the cohort.

Note: After successful completion of the program, your verified digital certificate will be emailed to you in the name you used when registering for the program. All certificate images are for illustrative purposes only and may be subject to change at the discretion of MIT Professional Education.

apply now

Early applications are encouraged. Seats fill up quickly!

Flexible payment options available. Click here to know more.