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 design and deliver a project involving analytics, machine learning, large data sets and/or other digital innovations to create or transform a business, organization, process or decision-making practice.
A-Lab is open by permission to MBA and Executive MBA students, and to students in other MIT graduate programs. It is filled to the limit of 40 students for the Fall of 2014. The next offering is in the Fall of 2015. Permission is through an application process, accessible on the course website by May 1, 2015.
A set of organizations, including sponsors of the MIT Center for Digital Business and Initiative on the Digital Economy submit project proposals from which student teams of three or four may select. Industries represented include high tech consumer services and distribution, healthcare, and financial services, among others. 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.