Abstract Introduction: Alzheimer’s disease (AD) is a neurodegenerative condition that impairs activities of daily living and sharply declines gross cognitive ability. Over 152 million individuals worldwide will live with the dreaded consequence of a longer lifespan by the year 2050, making it a pressing public health issue. Magnetic resonance imaging (MRI) provides excellent soft tissue contrast and helps image the brain in vivo, non-invasively. Aims and Objectives: To summarize AD’s anatomical, physiological, and pathophysiological changes and derivation of quantifiable biomarkers from MRI to develop artificial intelligence (AI) based computer-aided detection (CAD) system to classify subjects among AD, mild cognitive impairment (MCI), and cognitively normal (CN). Materials and Methods: This retrospective study uses clinical and standardized, pre-processed, quality-controlled, and quality-checked—structural MRI imaging (diagnosed/labeled) data of 1069 subjects, age, gender, and class matched, taken from Alzheimer’s disease neuroimaging initiative. A pipeline is developed to get quantified biomarkers from the assessment of (1) cortical thickness, (2) volumetric segmentation for whole brain volumes, and (3) region of interest (ROI) areas most affected in AD. A gradient boosting method is used to predict class labels. The second approach implements a convolution neural network (CNN) model comprising 3D ROI. Results: Implemented CAD system using an ensemble gradient boosting approach has demonstrated good receiver operating characteristics characteristic and yielded balanced accuracy (BA) of 82.31%, 78.52%, and 72.73%, and the CNN approach has given better results 88.44%, 82.96%, and 74.34% for classification task AD versus CN, AD versus MCI, and MCI versus CN, respectively. Conclusion: This study has used a substantially large dataset of 1069 subjects. The deep learning-based efficient and optimal CNN model has used significantly large ROI-based 3-Dimentional volume, resulting in impressive performance improvements over comparable methods. The CNN model had given higher accuracy (6.13% for AD vs. CN, 4.44% for AD vs. MCI and 1.61% for MCI vs. CN) over gradient boosting, as the model uses significantly large ROI-based 3D brain volume and an inherent capability of it in learning most discriminative features automatically. However, quantitative biomarkers derived from brain morphometry, which accesses structural changes, yield reasonable estimates over pathophysiological alterations across the brain and augment a clinician with insightful and a holistic view, resulting in higher confidence over predicated class label by CNN and is a step closer to explainable AI. Accuracy for MCI versus CN drops as these classes share similar features and characteristics and can be improved by integrating biomarkers from other MRI modalities.