Questions? Email [email protected]
Participate? Submit a proposal anytime!
Share? Use this 1-page flyer to talk about this opportunity with your colleagues
Decide When to Engage in a Project with Foster MBAs
Available: Winter Jan 3 – Mar 8
Team Composition: 5 to 6 1st year Full-time MBAs (class profile) offering up to 600 hours of effort
Project Objective: Address a discrete strategic challenge such as assessing market needs, product viability and revenue potential, new product positioning, target customer segments for optimization, the financial landscape for potential increased profitability, or more examples below
NEXT PROPOSAL DEADLINE: October 13, 2023
Available: Fall Sept 27 – Dec 08 | Winter Jan 3 – Mar 8 | Spring Mar 25 – May 31
Team Composition: 3 to 5 advanced MBAs (Full-time class profile | Evening class profile) offering up to 500 hours of effort
Project Objective: Address a strategic interdisciplinary challenge such as recommending ways to optimize the customer/user experience journey, recommending ways to optimize your pricing structure, analyzing the cost/benefit of a strategic initiatives, or more examples below
NEXT PROPOSAL DEADLINE: February 1, 2023
Available: Spring Mar 25 – May 31
Team Composition: 3 to 5 MBAs (Full-time class profile | Evening class profile) offering up to 500 hours of effort
Project Objective: Address challenges faced by non-profit businesses such as any of the examples listed below
NEXT PROPOSAL DEADLINE: February 1, 2023
“The company actually had other professional consultants also working on doing the same type of work as us, just for another segment, which made it all feel very substantial and true to the kind of work we could be doing post-MBA.”
Jillian Santos, Class of 2023
“Coming from a non-traditional background, I wanted to gain more experience in business prior to starting my internship. Service Corps allowed me to in a valuable and meaningful way. It was a great seeing the application beyond cases and homework problems.”
Mark Patterson, Class of 2023
“This project was extremely helpful in understanding how a small business operates. The lessons learnt working for [this business] can be applied to larger retailers like Costco and Walmart. Overall, it was a great learning experience.”
Nandakumar Sundararajan, Class of 2024
Arranged by functional scope
* Scope of examples best suited for Applied Strategy and Service Corps projects
Strategy
- New business and product assessment, including design, packaging, and distribution channels*
- Customer/user experience journey mapping
- Identifying socially responsible and sustainable business solutions*
- Cost benefit analysis of strategic initiatives
- New Product or service channel optimization
Market Research / Marketing Strategy
- Market research and new product positioning*
- Optimized target customer segmentation and market-sizing*
- Competitor marketing analysis and messaging recommendations*
- Customer lifetime value (CLV) analysis and recommendations for growth*
- Communications and marketing plans for strategic initiatives*
- Strategic launch, including e-commerce and store openings
Finance/Business Planning
- Industry payment terms benchmarking for optimization*
- Landscape assessment and recommendations for increased profitability*
- High-level cost benefit analysis of strategic initiatives
- Pricing optimization
- Asset lifetime value optimization
- Strategic growth plan for domestic and/or international expansion
- Cash flow management optimization
- Carbon offset identification and emissions stabilization strategy with carbon-neutral growth
Operations & Supply Chain
- Cost optimization for supply chain delivery services
- Production efficiency and efficacy assessment with recommendations for improvement
- Outsourcing optimization assessment
Organization Governance/HR
- Employee satisfaction and retention optimization
- Succession planning guide and employee training plan
- Performance metrics scorecard/dashboard toolkit
- Organization structure assessment
Three Steps to Engage
Receive evidence-based recommendations for addressing your current, relevant business challenge through a 10-week project engagement for a nominal fee (non-profit organizations are exempt). It takes only three steps to participate…
- Consider your business needs and identify a challenge to be addressed– Connect with Samantha Buhr ([email protected]), Foster Director of MBA Strategic Consulting with 10+ years of experience at a large global management consulting firm, to discuss how your business can get the most value out of a project
- Submit your proposed project scope by the deadline listed above – Use this Project Proposal link
- Meet with the Director of MBA Strategic Consulting – If your project is selected, you will be asked to participate in a 30-minute to finalize logistics and expectations for a successful start and completion of your project…after which you’ll be introduced to the MBA team who will lead the execution of the project from there
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Our Foster MBAs
Read about the amazing Service Corps project a team of our Foster MBAs successfully delivered
For more information about the Foster MBA Strategic Consulting program, contact us at [email protected] or submit your proposal here!