The course, an online version of some of IIMB’s courses, is offered under the name IIMBx.
The first course is 'Statistics for Business - I', an introduction to statistics and starts from July 7.
According to the IIMB's website, this course is Part 1 of a four-part series on Business Statistics, and is ideal for learners who wish to enroll in business programmes. The first two courses cover topics in Descriptive Statistics, whereas the next two courses focus on Inferential Statistics.
According to IIMB, one will learn various concepts with the help of various demonstrations, which show real-life application of the concepts relating to business situations.
IIMB will offer MOOC on the edX platform, a Cambridge, Massachusetts-based non-profit enterprise created by founding partners Harvard University and MIT (Massachusetts Institute of Technology in Cambridge, Massachusetts, in the USA). It will offer interactive online classes from the world’s best varsities, a top official of IIMB said.
MOOCs enable delivery of knowledge to a global audience, a top official of IIMB said.
Also, the biggest benefit for the faculty is from their exposure to offering distance education and then improving education inside the classrooms. "The professors will engage with thousands of people," he said.