MBA in AI For Business
MBA in AI For Business
AI for Business
for Working
Professionals
INDEX
Programme Introduction 01
Programme highlights 03
Programme Objectives 04
Mode of Learning 07
Experiential Learning 09
Programme Curriculum 10
Programme Structure 11
Course-wise Syllabus 12
Eligibility Criteria 20
Fee Structure 21
Mode of Examination 22
How to Apply 24
Programme Introduction
The global AI and machine learning in business market was valued at $120.9
Billion in 2022, and is projected to reach $190.5 Billion by 2032, growing at a
CAGR of 32% from 2023 to 2032.
Option to pay fees using an easy EMI with 0% interest and 0 down payment.
Employed professionals
holding a degree such as
B.E. or M.Sc. in relevant
disciplines, or a
three-year undergraduate
degree in fields such as
Mathematics, Statistics,
Science, Economics,
Commerce, Humanities,
or Business Management.
Demonstrate an understanding
Become members of an
of various computer science
elite & global community
concepts and principles to
of BITS Pilani Alumni
create AI based solutions
45+ 1,26,169
Years of Working
Educating Working Professionals
Professionals Graduated
46,178 1100+
Working Professionals
Currently Enrolled Faculty Members
47
Programmes
The innovative Work Integrated Learning Programs (WILP) of BITS Pilani are
quite aligned with the above definition and requirements. The programs are
designed in collaboration with its industry partners, subject matter experts from
industry and academia that enable the students to remain relevant in their
chosen profession, grow in their career and retain the habit of lifelong learning.
The continued availability of workplace related experiences along with the
weekly instruction sessions promote integration of theory with practice. An
active participation of the organization mentor in the learning process of the
student plays a key role. Case studies, simulation exercises, labs and projects
further strengthen this integration.
● Can pursue the programme without any career break and along with the job.
● Contact sessions with faculty take place mostly over weekends or after
business hours and are conducted over a technology platform that can be
accessed from anywhere.
● Mid semester and End semester examinations for every semester are
conducted mostly at designated examination centres distributed across the
country (for details refer to link mode of examinations).
This is achieved through: Simulation Tools, Platforms & Environments: Some or all of the
following would be utilised across the programme.
Tensorflow for Deep Learning and various Python libraries for data processing, machine
learning, OpenCV for computer vision, NLTK for NLP etc.
Continuous Assessment
The assessment includes graded assignments/quizzes,
mid-semester and comprehensive exam
Note: Choice of Electives is made available to enrolled students at the beginning of each semester. Students' choice will be
taken a s one of the factors while deciding on the Electives offered. However, Electives finally offered will be at the discretion of
the Institute.
Project
Course Title
● Project
Managerial Economics
The firm and its environment, Introduction to basic principles & methodology;
Revenue of the firm, Demand analysis & estimation, Production, Cost and profit
maximization, Production analysis, Cost of production, Profit analysis of the firm;
Markets and behaviour of the firm (Perfect competition, Monopoly, Monopolistic
competition, oligopoly), Factor markets & profit maximizing employment of variable
inputs, Games, information and strategy, pricing and profit analysis; Sectoral
Economics, Introduction to Macro Economics - Definition of GDP, GNP at market
prices and factor costs, money supply and banking.
Business Statistics
Introduction to Business Statistics, Descriptive and Inferential Statistics, Data vs
Information, Describing the data through graphs, different data scales, measures of
central tendency, measure of skewness, kurtosis, quartiles, percentiles, etc.,
Measures of dispersion, Concept of Probability, Conditional Probability, Bayes
Theorem, Probability distributions - discrete (uniform discrete, binomial. poisson)
and continuous (uniform continuous, normal, exponential), Finding mean and
variance of probability distributions, Sampling estimation, Central Limit Theorem,
Estimation of population mean and population proportion, Hypothesis testing
related to equality of population means and population proportion against a
reference, Comparing the means of two dependent and related populations,
Comparing the variance of two populations, Comparing the proportion for more
than 2 populations, comparing the population mean for more than 2 populations,
checking for association between two categorical variables, Non-parametric tests
(such as Sign Test, Wilcoxon Rank-Sum Test or Mann Whitney U Test,
Kruskal-Wallis Test, Spearman Rank Correlation), Correlation Coefficient,
Covariance, Regression, Validating the assumptions of regression (checking for
heteroscedasticity, autocorrelation, normality of residuals, etc.), Tests of normality
(Anderson Darling, Shapiro Wilk, Kolmogorov-Smirnov), Linear Programming and
its applications in business, Performing descriptive statistics, inferential statistics
and simple linear regression using Python.
Marketing Management
Definition and scope, consumer behavior, competitive behavior, demand
estimation, new product introduction, product/brand management, pricing policies,
channels of distribution, credit management, advertising and other sales
promotion, positioning, marketing regulation, market research basics of industrial
marketing.
Corporate Finance
Concepts and techniques of financial management decisions; concepts in
valuation - time value of money; valuation of a firm’s stock, capital asset pricing
model; investment in assets and required returns; risk analysis; financing and
dividend policies, capital structure decision; working capital management,
management of cash, management of accounts receivable; inventory
management, short and intermediate term financing, long term financial tools of
financial analysis, financial ratio analysis, funds analysis and financial forecasting,
operating and financial leverages.
Operations Management
Productivity - Operations for Goods and Services, History of Operations
Management, Competitive Advantage through Operations. Operations Strategy -
Global Operations Strategy. Product Life Cycles, Product development, Quality
Function Deployment (QFD), Value Engineering, Defining a Product, Documents
for Production, Service Design. Process strategies - Selection of equipment,
Process Analysis and Design, Production technology, Capacity, Bottleneck
Project Management
Project Life Cycle, Drivers of Project Management. Project Selection - Portfolio
Management System, Selection Criteria, Managing the Portfolio System.
Organization: Project Management Structures and Organization Culture.
Investment Criteria - NPV, IRR and Payback period, Project Cash Flows. Defining
the Project - Project scope, Work Breakdown Structure, Process Breakdown
Structure, Responsibility Matrices. Estimating Project Times and Cost- Top-down
and Bottom-Up estimates. Developing a Project Plan - CPM/PERT, Scheduling
Resources and Costs, Resource Levelling, Reducing Project Duration and costs.
Progress and Performance Measurement and Evaluation - Earned Value Analysis,
Forecasting Final Project Cost. Leadership and Managing Project Teams-
Managing vs. Leading a Project, Managing Project Stakeholders, Social Network
Building, Five Stage Team Building Model. Outsourcing - Best Practices, Art of
Negotiating. Managing Risk - Risk Management Process, Contingency Planning,
Handling Risks, Change Control Management. Project Closure - Wrap-up closure
activities, post implementation evaluation. International Projects - Cross-Cultural
Considerations, Selection and Training for International Projects. Agile Project
Management - Traditional v. Agile PM, Agile PM in Action: Scrum.
Decision Analysis
Introduction to quantitative techniques and statistics, Decision making, intelligence
design and choice phases, basic theory of decision making under uncertainty;
decision trees, qualification of judgments and preferences, Bayes theorem, the
structuring of complex decisions, and multi-attribute utility theory. Statistical
estimation and forecasting.
Entrepreneurial Finance
Principles of entrepreneurship, Changing landscape in raising capital,
characteristics of the venture capital and private equity markets, specialized
services provided by VC's and PE funds, stages in VC investing, deal flow, deal
OR
OR
Admission open for July 2025 batch. Click here to learn more
Application Process deadline: July 7, 2025.
Important: For every course in the programme, institute will recommend textbooks,
students would need to procure these textbooks on their own.
Students can take their examination at any of our 34 designated examination centres in India
at the following locations:
● South Zone: Bangalore, Chennai, Hyderabad, Mysore Palace, Vijayawada, Visakhapatnam,
Kochi, Thiruvananthapuram, Madurai, Coimbatore.
● North Zone: Delhi NCR, Gurugram, Noida, Faridabad, Jaipur, Chandigarh, Lucknow, Udaipur,
Pilani.
● West Zone: Mumbai, Pune, Ahilya Nagar, Goa, Ahmedabad, Vadodara, Surat, Indore,
Nagpur, Bhopal, Raipur.
● East Zone: Kolkata, Guwahati, Jamshedpur, Bhubaneswar.
In addition to these locations, the Institution also has a designated examination
centre in Dubai.
In Semester 7 (Final Semester), the student will be doing Dissertation/Project Work as per
the Institution’s guidelines.
a). Scanned copy of the visa for the country in which you are currently residing. The visa
should be currently valid. No expired visas shall be considered.
b). Scanned copy of government-issued ID from the residing country.
c). HR recommendation or endorsement letter from the employer, stating the location of
your work.
● Indian students, who are temporarily based out of India, can also avail of online
examinations on request by meeting the above-mentioned requirements of the institute.
Points to Note
a) Make photocopies of the documents mentioned in the Checklist.
b) Applicants are required to self-attest all academic mark sheets and certificates.
c) On page no. 3 a section called the Employer Consent Form. This form needs to be
autthorized by your organisation’s HR or any other authorised signatory of the
company.
d) On page no. 4 is a section called the Mentor Consent Form. The Mentor Consent
Form needs to be signed by the Mentor.
https://bits-pilani-wilp.ac.in
Call: 080-48767777
admission@wilp.bits-pilani.ac.in