The growing use of “big data” and analytics is creating opportunities for strategic business change and innovation and also strong demand for skills and experience applying machine learning and related techniques to business problems.
In this seminar, student teams select and deliver a project from proposals by companies on the use of analytics, machine learning, large data sets, or other digital innovations to create or transform a business or other organization.
A-Lab is open by permission to MBA, Executive MBA students, Sloan Fellows, and to students in other MIT programs with relevant coursework or experience in analytics, statistics, and information technology. Based on the success of its inaugural run, the class size will accommodate as many as 20 projects in the Fall of 2015. Permission is through an application process, accessible on the course website starting May 1, 2015.
A set of organizations, including sponsors of the MIT Initiative on the Digital Economy, will offer projects for teams to work on, but students may also propose their own ideas and sites.
The course culminates with presentations of final project results to an audience including experts, entrepreneurs and executives.
While the projects are proposed by companies for the purpose of providing a stimulating learning experience for teams, there are excellent opportunities for company contact, and several job offers resulted after last year’s first run of the course.