MIT - Sloan to Launch a Master of Business Analytics

Year-long program aimed at recent grads looking to land a career in the data science industry

MIT's Sloan School of Management will launch a Master of Business Analytics program this year, the school has announced.

The new program, which is offered in partnership with MIT's Operations Research Center (ORC) will help students apply data science tools to solve business problems. 

"In the Era of Big Data, the demand for skilled practitioners who understand how to mine and analyze the vast amount of digital data that's being created is a well-known challenge," says David Schmittlein, Sloan's dean.

Indeed, the sheer amount of data available—in industries like finance, marketing, and healthcare—means that there's a demand for those who can make sense of all those ones and zeros. A recent McKinsey reports suggest that by 2018, the US will experience a shortage of some 190,000 data scientists and 1.5 million manager who have analytical skills.

MIT's new Master of Business Analytics program will take 12 months to complete. Program curriculum will touch on a wide variety of topics, from applied probability to data mining and software tools. The program will also include a summer capstone project, which will give students the opportunity to work on real-world data science problems.

The capstone project "gives students an opportunity to get out in the field—with a lot of faculty mentoring and support—and apply the very deep technical knowledge they've learned in the classroom to solve a real world challenge," says John Hauser, who teaches marketing at Sloan.

MIT - Sloan is the latest of a string of US business school that have launched master's-level programs in analytics. Just this year alone, Syracuse's Whitman School of ManagementWake Forest University School of Business and Virginia Tech's Pamplin College of Business have all announced the launch of similar programs.

To apply for the Sloan program, potential candidates should have at least a bachelor's degree. Interested candidates should also have strong mathematical, computer science, or statistical backgrounds. A GMAT or GRE score is also required.

The program will launch in September and applications close on April 15, 2016.

For more information, please MIT - Sloan's Master of Business Analytics program webpage.

See FIND MBA's Top list of best b-schools for analytics.

Comments


Related Business Schools

Cambridge, Massachusetts 45 Followers 164 Discussions
Blacksburg, Virginia 8 Followers 16 Discussions
Charlotte, North Carolina 5 Followers 12 Discussions
Syracuse, New York 16 Followers 31 Discussions

More MBA News

Jul 09, 2020

Rice University's MBA Programs Now STEM-Designated

Jul 09, 2020

More MBA News

MBA Articles

The ‘Corona Class’ of 2020 Faces a Gloomy Jobs Market

Jul 06, 2020

Amid the worst recession in several generations, some employers are cancelling or deferring offers, but there are bright spots — and an MBA can be a boon

Blended Physical and Digital Classes the Norm for MBA Programs This Fall

Jun 23, 2020

There will much more digital delivery of MBA programs in the new academic year, but campuses are reopening around the world, albeit with smaller class sizes and social distancing

Crowdfunding and Beyond: Novel Ways to Pay for an MBA

Jun 11, 2020

From income share agreements to the ‘bank of mom and dad’, funding pressure has forced students and startups to find creative solutions to finance MBA degrees

More Articles

Related Top 10 Lists

More Top 10 Lists