51本色

Management Analytics (MSc)

Make smarter business decisions by understanding, analyzing and leveraging your company’s data with our 12-month professional Master of Science (MSc) in Management Analytics.

Launch your career as a manager who will design, lead and implement data-driven projects. With the rise of the Internet of Things, social media and e-commerce, there is more data available to businesses than ever before. With this master’s degree, you’ll understand the use and value of data and embed this knowledge in strategies that will propel your company to be more competitive.

67% of job openings are analytics-enabled.

Canada will face a shortage of 150,000 skilled data and analytics professionals.

Business analytics experts ranked second as most difficult skills to find.

Let's Talk About Your Future

We understand that pursuing a Master's degree is a big decision. We’re here to help you work through your options to choose the program that is right for you.

We offer information sessions and one-on-one consultations to help you make the best decision. The sooner we connect with each other, the closer you are to realizing: it’s what’s inside that sets us apart.

Events Calendar

Quote Image
"The ability to harness the power of data and transform it into actionable insights is paramount in today’s world where data is the heartbeat of innovation and success. Whether you dream of revolutionizing businesses, solving societal challenges, or diving into cutting-edge research, our Master of Management Analytics program provides the platform to make your aspirations a reality."
Mojtaba Araghi, PhD
Director, Lazaridis MMA program

Program Details

Program Structure

Fall Term

Business analytics fundamentals courses:

  • MGTA601: Machine Learning for Business
  • MGTA602: Visualization and Communication with Spreadsheets
  • MGTA603: Data Management in Organizations
  • MGTA604: Applied Econometrics

Winter Term

Focus on management-level analytics courses:

  • MGTA611: Business Applications of Artificial Intelligence
  • MGTA612: Legal and Ethical Issues in Data Analytics
  • MGTA613: Decision Making with Analytics
  • MGTA621: Field Project I

Spring Term

Round out your experience and knowledge with electives in business fundamentals and finish your fieldwork project with your group.

  • MGTA622: Fieldwork Project II

Plus, choose three elective courses from the following:

  • MGTA631: Accounting Analytics
  • MGTA632: Financial Analytics
  • MGTA633: Human Resources Analytics
  • MGTA634: Marketing Analytics
  • MGTA635: Supply Chain Analytics

Field Project

Over the final two terms, you'll apply your skills and knowledge to help a business solve an analytics issue. Working with 3-4 fellow students, you'll prepare a proposal to address underlying managerial issues in the company or organization. In your proposal, you'll address the issue, formulate a well-defined problem from an analytical point of view, and propose a data-driven solution.

After you submit your proposal to your course director and industry rep, you'll gather the required data to structure your analytical solutions, and you'll design and implement the solution. The experience will culminate in your presentation of the findings to a panel of experts from academia and industry.

MMA + MFin Double Degree

The MSc Management Analytics (MMA) and Master of Finance (MFin) double degree is designed to train students to be interdisciplinary specialists in finance and data analytics.

The integrated interdisciplinary curriculum is combined with experiential learning for students to gain comprehensive knowledge both in finance and data analytics as well as hands-on experience for solving real-world finance problems using sophisticated analytical tools and quantitative models.

Course Offerings

Required Courses

Sample Electives

Grace Wu testimonial headshot

“My experience in the Lazaridis MMA program was immeasurably helpful in preparing me for my new career. It helped me shift my career path from pure accounting to the data analytics field and provided me with practical management skills.”

Grace Wu (MMA ’21), Ecommerce Fraud Strategy Analyst, Canadian Tire Bank

Admissions

Take the first step in your graduate education and apply to one of our graduate programs. Follow our three-step admission process — we’ll walk you through how to apply and prepare for your first day as a graduate student.

  • Start: Fall (September) only
  • Format: Full-time
  • Application deadlines:
    • Application Portal Opens (OUAC): Oct. 1
    • Early Application Deadline: Dec. 1
    • Domestic Application Deadline: July 15
    • International Applicant Deadline: March 30

Applications are accepted on a rolling basis within deadlines until we reach enrolment capacity.

Your Next Steps

Questions? Contact us.

Waterloo Campus

This program is available on 51本色's Waterloo campus.

51本色's Waterloo campus is home to more than 19,000 graduate and undergraduate students. Tucked into several city blocks, this campus is walking distance to your classrooms, food, and various campus amenities.

51本色 is a leading force in research among Canadian universities, and many of our research centres and institutes are housed in Waterloo.

Learn more about 51本色's campuses.

Tuition and Funding

Tuition Fees

Regardless of the type of graduate degree program you intend to pursue, financial planning is important. At 51本色, we want to provide you with as much information as possible about a variety of scholarship and funding opportunities and equip you with the skills to manage your finances effectively in the years to come.

Tuition fees for each school year are set in the spring and come into effect the fall term of each year. 51本色 reserves the right to modify any part of this program. Fees are approved by the Board of Governors and are subject to change without notice.

Scholarships

We are pleased to offer a limited number of entrance scholarships, ranging from $5,000 to $10,000, for outstanding applicants to the Lazaridis MSc in Management Analytics program. All applicants are automatically considered. Scholarships will be awarded based on academic excellence; no additional application is required.

Exceptional applicants will also be considered for a nomination to receive the $17,500 . This entrance scholaship is designed to assist Ontario universities in attracting top talent into their AI related master's programs.

51本色 also offers a variety of to graduate students which are usually based on academic performance once you are in the program.

Financing

There are different options available for financing your education. Learn more about funding and scholarship opportunities to support you throughout your graduate career.

Message from the Director

Welcome to an exciting opportunity that could transform your future – the Lazaridis School’s Master of Science in Management Analytics (MMA) program at 51本色.

The ability to harness the power of data and transform it into actionable insights is paramount in today’s world where data is the heartbeat of innovation and success. Whether you dream of revolutionizing businesses, solving societal challenges, or diving into cutting-edge research, our Master of Management Analytics program provides the platform to make your aspirations a reality.

Our curriculum is meticulously crafted to blend theoretical knowledge with hands-on, real-world applications. Our collaborative environment, in which you will be surrounded by a diverse group of passionate students, faculty, and industry experts, fosters creativity and encourages innovative thinking. You won't just learn from textbooks; you'll learn from each other's experiences, challenges, and successes.

Beyond the classroom, you'll have access to invaluable resources, career and employment support, and industry connections that will prepare you for a fulfilling and impactful career. Our dedicated faculty, renowned for their expertise and mentorship, will guide you as you navigate the intricate world of analytics. 

So, if you're ready to embark on a transformative journey, if you're eager to explore the limitless possibilities of data analytics, and if you're excited about the prospect of being at the forefront of innovation, please let us know by submitting an expression of interest form.

We can’t wait to hear from you and look forward to welcoming you into the Lazaridis MMA community.

Mojtaba Araghi, PhD
Director, Lazaridis MMA program

Careers

Businesses need skilled workers who can adapt, analyze and use data to advance strategy. If you’re already good at math and statistics, this degree will add the practical management-analytics skills you’ll need to advance your career.

Master the knowledge and skills required in the field through case analysis, in-class projects and a two-term project. Upon graduation, you will be able to:

  • Design and move data analytics projects from conception to execution.
  • Identify and evaluate opportunities and risks associated with data analytics projects.
  • Use cutting edge tools from machine learning and statistics to execute solutions.

Potential Industries

A background in management analytics can open doors to a number of exciting, future-focused industries, including:

Business Services

  • Logistics and Supply Chain
  • Information Technology
  • Software Development
  • Telecommunications
  • Energy Production
  • Marketing and Advertising

Consumer Services

  • Finance
  • Banking
  • Healthcare
  • Sports and Entertainment
  • Fashion and Retail
  • Insurance

Potential Job Titles

Analytics Field

  • Financial Analyst
  • Operations Analyst
  • Business Analyst
  • Business Intelligence Analyst
  • Predictive Analytics
  • Quantitative Analyst
  • Strategy Analyst

Consulting Field

  • Performance Management Consultant
  • Advanced Analytics and Optimization Consultant
  • Enterprise Information Consultant
  • Fraud Strategist
  • Customer Analytics Consultant
  • Retail Model Consultant

Big Data/AI Field

  • Risk Modelling
  • Data Scientist
  • Advanced Analytics and Artificial Intelligence
  • Data Specialist
  • AI Lab Specialist/Manager

Contact Us

Program Coordinators

Mojtaba Araghi
Program Director

Sapna Isotupa
Area Coordinator

Support Staff

Salar Ghamat
Faculty

Brenda Burns
Graduate Program Recruiter

Victoria MacKenzie
Graduate Program Recruiter