• The Analytical Consulting Lab


    ©Callie Lipkin
    The Analytical Consulting Lab is a course available to Kellogg MBA students that are interested in the use of analytics in business. Students must take specific prerequisites and have strong academic performance in such classes to take the Analytical Consulting Lab. Students work in teams to resolve a real-work business problem using analytics.
  • What do you mean by Analytics?
    It is meant to be broad but includes the use of specific quantitative approaches, such as regression analysis, time series analysis, forecasting, market segmentation, data mining, optimization, logistical analysis, scenario simulation, and risk analysis, as examples. In particular, we mean solving a business problem using data and applying one of these quantitative approaches.
  • How does my organization benefit from this opportunity?

    ©Nathan Mandell
    The ACL is an intensive analytics elective that attracts some of our most analytically talented MBA students. It is expected that the student group will commit about 400 working hours to the project. Additionally, the student project will be overseen by a Kellogg Faculty member that has expertise in analytics and its application in business.
    We expect that the project deliverables, recommendations, and report will provide direct value to your organization. However, we also believe that the project provides your organization an opportunity to determine how and where to invest in more analytics. If this includes the acquisition of more analytical talent, the project provides an excellent conduit to members of our student body that are talented and interested in this space.

 


Russell Walker, Ph.D
Instructor, Founder

Russell Walker, Ph.D. is the Assistant Director of the Zell Center for Risk Research at Kellogg. His expertise is in the application of analytics in business, with specific emphasis to marketing and risk management decisions. He serves as the academic director for executive education in risk management offered by Kellogg through its partnership with PRMIA. His research interests include how organizations deploy analytics, the use of information in enterprise risk management, managing strategic risk, and emergence of “data creators” in the post information age.