Beyond the MBA Classroom
In MBA degree programs, classroom lectures,
discussions, and assignments only comprise half of the educational
opportunities from which you will benefit. Equally as important
to the total learning experience are those activities that
take place outside the classroom. MBA programs offer a variety
of extracurricular activities that will help you to develop
both professionally and personally. By participating, you
will develop leadership skills, network with other people
who share your professional and personal interests, and find
opportunities to apply new knowledge. In this issue of our
E-Bulletin, we highlight some of the opportunities that are
available outside of the MBA.
most top business schools offer internships and other applied
learning experiences, Cornell stretches and deepens such opportunities.
This approach, called "performance learning," requires
students to perform (deliver results) in a real business setting
even as they are learning by doing.
Cornell offers abundant performance-learning opportunities.
The longest are generally internships. One significant difference
at the Johnson School is the way that our students prepare
for these; most undertake immersions (or equivalent individually-developed
concentrations) during the second semester of the first year.
Thus, they enter their internships exceptionally well prepared.
Other performance-learning opportunities include consulting
projects and club leadership. Students manage several speakers
series as well as major events like the Business Idea Competition
and Stock Pitch Event. Other Johnson School distinctives:
The Johnson School's unique immersion learning curriculum
replaces lecture- and case-based training with integrated,
experiential, hands on learning that is excellent
preparation for that critical summer internship. Students
solve real problems under intense time pressure and are often
evaluated, as they would be on the job. Immersion learning
produces MBAs who are ready to contribute to their organizations.
Parker Center for Investment Research
The Parker Center feeds expertise to the world's financial
marketplaces and is the home of the student-managed Cayuga
MBA Fund, with $11 million in assets under management. The
Cayuga Fund posted a total return of 10.4 percent in 2005,
outperforming the S&P 500 and the Russell 2000 (NASDAQ)
index. Student fund managers use one of the world's best-equipped
virtual trading rooms, with $1.8 million of sophisticated
software and online data feeds.
At Babson, practical, hands-on learning opportunities beyond
the classroom allow graduates to leverage their MBA more effectively
in their careers. Babson provides a number of unique opportunities
for students to gain practical experience solving real world
The Babson Consulting Alliance Program (BCAP)
provides cost effective competitive analysis and consulting
services to Boston-area companies while providing a business
environment for MBA candidates to utilize what they have learned
in the classroom. Groups of five or six first-year MBA students
are matched with companies in industries in which students
have expressed a career interest. Guided by an advisor, BCAP
teams work directly with company representatives to complete
a major project and a relationship with the organization throughout
their first year. Also, the Management Consulting Field Experience
(MCFE) program offers Babson MBA students the chance to participate
in semester-long consulting projects. Teams students work
together with a faculty advisor to solve a business problem
for the sponsor company.
The Global Management Program enables students to earn academic
credit for on-site consulting internships at companies in
Europe, Asia and Latin America. At the end of their project,
participants present results and recommendations to management
at the sponsor company. The global programs allow students
to broaden their professional experience, improve foreign
language abilities, and develop global management skills.
HEC MBA Program has integrated personal projects into the
curriculum to give MBA participants the opportunity for involvement
in issues, projects, and activities in areas of sustainable
development, humanitarian support, and community service.
MBA participants learn and test their leadership skills by
solving real problems of local, national and international
Individual Professional Projects (IPP)
The newest track on offer at HEC, IPP allows participants
to devote 4 - 6 months on a full-time, in-company project.
Closely guided by a faculty mentor, IPP is an exceptional
opportunity for individuals to test newly acquired skills
in a real setting, and to leverage their experience in the
Visions of Leadership
Launched in September 2003, the Visions of Leadership initiative
has become an integral part of the HEC MBA Program, structured
around seminars and conferences to develop new skills and
discover untapped interests. Visions of Leadership enable
participants to discover contemporary leadership approaches
and study the attitudes of modern leaders. It gives the possibility
to position oneself, explore one's personal vision, and be
critical about the phenomena of leadership.
Schulich School of Business at York University provides students
the opportunity to apply their newly acquired skills in the
real world. Several examples of this, include:
Strategy Field Study is a 6-8 month strategic
consulting project carried out in real time on an existing
company. With a team of 6-8 students, and an advisory group
of 3 faculty members, the Strategy Field Study provides an
opportunity to apply strategic thinking to a real organization
and takes students far beyond the traditional case method.
It acts as a tool to integrate the various business disciplines
studied in the first year of the MBA program and applies them
in a holistic manner to the various stages of the study.
"Hands down, the
Strategy Field Study, although tough and rigorous, was the
most interesting experience of the entire program. Not only
did I learn what it meant to work in a high-performing team,
it also allowed me to apply my learning to a real company."
Clarie Norman MBA '04
Global Leadership Program
is a unique strategic consulting project that involves creating
a market entry strategy for a foreign company that is interest
in entering the North American market, or a Canadian company
contemplating foreign markets. Students work in two teams
- one from Schulich and one from an International partner
school. Each team travels to the other school/location to
consult with the company and/or present the final recommendations.
The team is supported by faculty advisors
York Consulting Group offers a wide range
of management consulting services to businesses in both the
private and public sector. As students of the Schulich School
of Business, YCG consultants are high caliber MBA candidates
with a wide variety of work experience and necessary skills
to analyze unique situations and propose realistic solutions
to complex business problems.
"My experience in
Schulich's York Consulting Group has been tremendous. I apply
theories learned in class to real, live, client situations
and we work with some of the MBA's best faculty and most driven,
committed students. It all ads up to a dynamic and fast paced
experience that deepens the learning process at Schulich".
Matt Wolodarsky MBA '06
Clubs and Organizations Schulich encourages
students to take advantage of countless opportunities to enrich
their formal, in-class learning with extracurricular activities.
There are dozens of events that student-led organizations
put on throughout the year, including guest lectures, expert
panels and conferences. Students can choose from over 30 clubs,
including Women in Leadership, Net Impact, Finance Association,
Entrepreneurship and Venture Capital, Non Profit Management
Association, Arts and Media Management Club, East Asian Business
Association or Latin American Business Association and the
South Asian Business Club. They can also participate in Case
Competitions or the MBA Games, and take leadership roles in
the clubs or run for the Executive of the Graduate Business
"Competing in the
L'Oreal E-Strat Challenge took my Schulich experience to an
entirely new level. Utilizing the skills I'd gained during
my MBA studies, and the experiences and talent of my team
members, we created a synergistic strategy and applied it
throughout the competition. We were challenged and encouraged
to go beyond our capabilities to make the best choices as
business leaders and see real-world results".
Allan Yu, L'Oreal E-Strat Challenge Canadian National
In addition to their classes, ESADE students have the opportunity
to participate in internships and/or consulting programs.
Two recent internships include working with the designer Jesús
del Pozo (positioning and licensing) and working with the
Barcelona professional football team (Barca) in their international
expansion. ESADE's Career Services Center has developed the
Envolve In-Company Tailored Consulting program, in which companies
are able to use MBA students to solve company's business issues
while at the same time the students are able to learn about
consulting. MBA students apply the management skills and business
studies learned during the MBA to a business environment,
and the company gets to know the students and how they apply
their newly-attained skills in a professional environment.
"I had the good fortune
of working with a classmate and colleague that I had never
worked with before. From the beginning it was as though we
were working for a large firm where you never know who will
be part of your team from one project to another. Our assignment
lasted three months, during which time we were to complete
a market analysis for a client interested in developing a
new business. Due to the relative scarcity of information
about this niche market, we were forced to really dive into
our investigation and traveled to trade shows, production
facilities, and organizations within the industry to interview
stakeholders and get a better sense of how the market in Spain
compared to others within Europe. Needless to say, such a
nitty-gritty journalistic investigation proved very rewarding,
and even encouraged an additional assignment from the client:
to construct possible business models based on our findings.
When we presented our final project at the end of the three
months, our client was delighted with our recommendations.
For me the Envolve project was my first experience as a consultant,
and a fantastic way to complete my MBA at ESADE. By applying
my previous work experience with new methodology from the
MBA program, I was able to gain practical and enjoyable work
experience that has helped me reenter the employment market."
Sarah Day, current ESADE student