Students in our first Master of Management Analytics cohort are now at the midway point of the program. The Analytics Tools and Techniques term is nearly complete, and students will soon be taking a short break over the holidays before returning to Rotman for the Managerial Uses of Analytics term.
However, before that students presented their work from the first term on the Management Analytics Practicum to a panel of faculty, current practitioners and their classmates.
A key part of the program
The Management Analytics Practicum runs throughout the program and is an opportunity for the students to engage with a real-world business problem. Working in teams of three or four they will devise an analytical approach to solving a managerial issue, present a design for the analytical data set and model development, then execute and present results.
The presentations begin
Following a brief introduction from Professor Krass, MMA Academic Director, each team took the stage to present the outline for their project in five minutes, before taking questions from the audience. The presentations covered how they would approach the managerial problem they have been set. While all of the projects offered a similar level of complexity, the questions they were to solve were unique, so it was an opportunity for the students to learn more about what their classmates will be working on.
Linking theory to the real-world
During the first half of the program students had been exploring the different sources of data, and the models and tools that can be used to extract insight. When they return to Rotman in January they will start to execute their proposals and put these skills into practice. In the classroom they will switch the focus to how analytics can be used to inform managerial decisions. The skills and knowledge developed during this part of the program will prove invaluable during the latter stages of the practicum where they will need to report on the outcomes of their projects.
Graduates of this program will be equipped with the skills to carry out technical analysis of data and communicate findings to both technical and non-technical colleagues to help shape business decisions - the practicum is a great way to develop skills in these areas.
The Master of Management Analytics is designed to give students the advanced data management, analytics and communication skills needed to become an analytics professional.