The Foster MBA Strategic Consulting Program connects teams of MBA students with businesses to deliver creative solutions to critical business challenges. Utilizing their training in management, finance, marketing and technology, student teams conduct in-depth analyses and make recommendations for solving strategic problems, enhancing organizational effectiveness and competitiveness, and exploring and evaluating new business opportunities.
We offer two project options: Applied Strategy and Field Study. Both can be structured to address almost any strategic business issue. We can help you determine which option is the best fit for your needs based on the timing and nature of your project.
Applied Strategy is a winter quarter academic course required of all full-time first-year MBA students. The teams work on the project for eight weeks while learning how strategies are created and executed. We conduct approximately twenty Applied Strategy projects per year.
Field Study projects are conducted through an elective course for 2nd Year Full-Time and 2nd and 3rd Year Evening MBA students. Projects are 12-15 weeks in length, giving the teams more time to fully understand the nature of the business challenge, research potential solutions, and develop in-depth recommendations. The start and completion dates are somewhat flexible, so may better match the timing of your needs. The teams are comprised of students who have had at least one full year of MBA studies including marketing, finance and strategy courses. The Full-Time students will have completed a summer internship, and bring that experience to your project. Evening MBA students have an average of seven years of work experience and provide current industry perspectives in addition to their MBA skills.
Please see below for details on the two options. Both can address domestic and/or international issues and be structured to fit almost any business challenge. Utilizing their training in management, finance, marketing and technology, the teams are able to conduct an in-depth analysis and then make recommendations for solving strategic problems, enhancing organizational effectiveness and competitiveness, and exploring and evaluating new business opportunities. We will help you determine which option would be the best fit for your needs based on the timing and nature of your project.
|Applied Strategy||Field Study|
|Project Length||8 weeks (Winter academic quarter)||12-15 weeks. Projects span two academic quarters|
|Project Topics||Accounting, Marketing, Finance, Operations, HR/Management & Organization||Accounting, Finance, Marketing (including Market Research)Supply Chain, Operations, HR/Management & Organization|
|Team Composition||5-6 First-Year Full Time MBA Students||3-5 2nd year Full Time or 2nd/3rd year Evening (part-time) MBA students|
|Application Deadline||November 1||September 20 (for fall quarter projects)|
|Present Project to Students||November 16 Sponsor/Student Reception||At information sessions held in October|
|Start Date||January 2017||October 2016|
|Completion Date||March 2017||February 2017|
|Client Project Fee||$3,450||$8,500|