Indian Institute of Technology Delhi

Executive Certificate Programme in Managerial Decision Making and Analytics (MDMA Batch 1)

Indian Institute of Technology Delhi

eVIDYA

Application Deadline Approaching

Last date to apply: November 10, 2026 · Program starts on January 24, 2027

About Programme

The Executive Certificate Programme in Managerial Decision Making and Analytics is designed for working professionals who want to elevate how they think, frame, and execute high-stakes decisions across functions.

The programme uniquely bridges qualitative and quantitative rigor with real-world managerial application, making it a decision leadership programme built for managers who own outcomes.

Through live sessions, case-based learning, simulations, analytics labs, software demonstrations and peer cohort discussions, participants engage with decision-making concepts and their applications across business functions.

Programme Content

1. The Anatomy of a Business Decision

Why people make bad decisions and how to stop

Decision types and stakes

Decisions under certainty, risk, uncertainty and ambiguity

Cognitive biases and decision traps

Problem framing and issue trees

Decision rights and governance

2. Statistical Thinking for Managers

You don't need to be a statistician. You need to think like one.

Probability and business risk

Central tendency, spread, and what they hide

Correlation vs. causation

Regression for forecasting

Hypothesis testing for business decisions

3. AI & ML for Decision Support

AI is not your replacement. It's your most powerful analyst.

AI/ML landscape for managers

Decision trees & classification

Artificial neural networks – intuition for leaders

Fuzzy logic & grey decisions

Large Language Models in business

4. Multi-Criteria Decision Making

When there's no single right answer, structured frameworks win.

MCDM introduction & applications

Weighted scoring & utility models

Weighted sum, reference value and outranking approaches

Goal programming and genetic algorithm

Software demonstration

5. Gen AI for Decision Making

Use AI like a Chief of Staff. Research, synthesize, decide, communicate faster.

Gen AI landscape – tools & use cases

Prompt engineering for managers

AI for report writing & presentations

Copilot, Gemini & ChatGPT – live workflows

AI governance & responsible use

Building your personal AI toolkit

6. People and Talent Decisions

The most crucial decisions any manager makes

Workforce planning models

Hiring analytics and structured selection

Promotion and succession frameworks

Performance data interpretation

Algorithmic bias and HR ethics

7. Financial Decisions

Saying yes to the right bets and no to the rest

Capital budgeting decisions

DCF, Payback Period, ROI—when to use which

Go/No-Go frameworks for projects

CVP analysis and profit planning

Ratio analysis for performance diagnosis

8. Marketing, Pricing and Revenue Decisions

Decisions that directly touch the top line

Marketing mix optimization

Brand equity and brand portfolio decisions

Pricing strategy and revenue management

Customer lifetime value analytics

Launch/kill decisions for products

9. Operations and Supply Chain Decisions

The decisions that determine whether strategy gets delivered

Facility location and layout

Demand forecasting – statistical and AI models

Inventory optimization models

Production and capacity planning

Project management decisions

Supply chain network design (Solver demonstration)

Supplier evaluation and selection

Risk mapping and resilience strategies

Life Cycle Assessment (LCA) with software demonstration

10. Technology, Innovation and Digital Strategy Decisions

Deciding what technology to adopt, when, and how

Technology strategy and fit assessment

Build vs. buy vs. partner decisions

Technology roadmapping

Innovation portfolio management

Digital transformation go/no-go calls

Programme Audience

Eligibility Criteria

Graduate in any discipline

Preference will be given to participants with 2 years of work experience.

Programme Benefits

E-Certificate From CEP, IIT Delhi

Synchronous, Live Online Learning

Case-Based Learning

Simulations

Analytics Labs

Software Demonstrations

Peer Cohort Discussions

2 -Day Campus Immersion (Optional)

Testimonials

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Program Certificate

certificate

Participants who successfully meet the below evaluation criteria will be awarded a ^‘Certification of Completion’ – “Executive Certificate Programme in Managerial Decision Making and Analytics”.^Criteria to be applied for the Participation Certificate:^ Attendance 50%^Criteria to be applied for the Successful Completion Certificate:^ Attendance 50% and at least 50% score in evaluation components^Only an ^e-certificate^ will be provided.^The above e-certificate is for illustrative purposes only and the format of the certificate may be changed at the discretion of IIT Delhi.

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  2. Programme Objective
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Prashansa Uttam

Programme Advisor

+91 9403890085contact@echomind.oneMon – Fri, 9am – 5pm IST

Indian Institute of Technology Delhi

Executive Education Office

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https://home.iitd.ac.in
New Delhi, India

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Executive Certificate Programme in Managerial Decision Making and Analytics | IIT Delhi