How The Lab Works
The Lab is where students work on the consulting project, the capstone of the MBAN and MMAI programs. Over the course of eight months, students work as analytics and artificial intelligence consultants. Real client data is ingested onto the lab platform, students perform data cleansing, verification and QA, and uncover insights using advanced analytics and artificial intelligence methods and visualization tools. Students collaborate closely with clients, creating key career connections while gaining real-world experiential learning.
Key Project Steps
Check out the milestones of every Lab project:
-
June
Proposal Submissions
Sponsoring clients submit projects tackling high-impact business issues where data is key to developing actionable insights
-
June-July
Project Evaluation
Schulich reviews submissions in collaboration with the potential clients
-
July
Project Acceptance
Agreements and NDAs are signed
-
August
Team Creation
The Lab matches 3 to 4 students to each project
-
September
Proposal & SOW
Students and clients meet, develop a proposal and SOW, and initiate a project kick-off
-
October
Data Acquisition Milestone (ETL)
Students load project data into the Lab platform and start transforming it
-
November
Methodology Milestone
Methods and techniques are evaluated and selected
-
January
Preliminary
Initial insights and outcomes are reviewed
-
March
Insights Delivery
The final report, complete with actionable insights, is delivered to the sponsoring client