IJMIE Volume 5, Issue 9 ISSN: 2249-0558 ________________________________________________________ A Monthly Double-Blind Peer Reviewed Refereed Open Access International e-Journal - Included in the International Serial Directories Indexed & Listed at: Ulrich's Periodicals Directory ©, U.S.A., Open J-Gage as well as in Cabell’s Directories of Publishing Opportunities, U.S.A. International Journal of Management, IT and Engineering http://www.ijmra.us 174 September 2015 “A CONCEPTUAL STUDY OF KNOWLEDGE DISCOVERY USING TEXT MINING AND ITS APPLICATIONS” Mrs. Ashwini Brahme * Dr. S.D. Mundhe ** ABSTRACT Text mining is defined as the process of discovering hidden, useful, and interesting patterns from unstructured text documents. Text mining is also known as intelligent text analysis, knowledge discovery in text (KDT), text data mining etc. Text mining is an interdisciplinary field which incorporates data mining, web mining, information retrieval, computational linguistics and natural language processing etc. This research paper is intended towards text mining methodology and its applications. Also it explores on problems in text mining. This Paper is focused on future challenges and areas of text mining and knowledge discovery. KEYWORDS Text mining, Data Mining, Knowledge Discovery, KDT, DSS * Assistant Professor, Sinhgad Institute of Management and Computer Application (SIMCA), Pune, Savitribai Phule Pune University, Maharashtra, India, ** Director , Sinhgad Institute of Management and Computer Application (SIMCA), Pune, Savitribai Phule Pune University, Maharashtra, India,