MBA Consultancy Projects UNIVERSITY OF BIRMINGHAM Contents MBA Consultancy Projects INTRODUCTION ........................................ 2 WHAT IS THE BIRMINGHAM APPROACH? ............ 3 DELOITTE TRAINED .................................... 4 WHAT COMPANIES SAY ............................... 5 CONSULTANCY PROJECT TIMELINE .................. 6 CONFIDENTIALITY ...................................... 7 COSTS .................................................... 7 ONGOING PROJECT MANAGEMENT ................. 8 HOW DO I GET STARTED? ............................. 9 1 APPENDIX CLIENT BRIEF / PROPOSAL FORM MBA Consultancy Projects Introduction Companies in the UK and around the world can commission our MBA students for summer consultancy work. This is an excellent high value - low resource-intensive – consultancy offering that draws upon the diverse professional skills of our experienced-hire MBA students. Consultancy projects allow our students to demonstrate and develop their business acumen, whilst providing an excellent strategic resource to your company and allowing you to test their abilities before you recruit. MBA Consultancy Projects Students draw on the analytical and management skills they learn on our MBA programme, in addition to their own business experience, multi-language abilities, cultural skills and knowledge of their home market or sector specialism to provide valuable input to the client company. The format of these projects is entirely flexible. Students can be located within the company or carry out the investigation as a field-based study from the University. 2 You set the brief and we source the right student with the right professional background and qualifications to successfully deliver what you need. Our students are ready to help you find solutions and assist you by delivering recommendations at the end of the project which can be in Finance, Marketing, Strategy, Operations, IT, HRM, or any other business requirement. The projects are approximately nine to ten weeks in duration, running throughout June and July with some prep and negotiation time allocated in May. What is the Birmingham Approach? Projects start in May (with students free to commit fulltime to the project from Monday 26th May) and will end by Friday 1st August, after which the student focuses entirely upon the dissertation component. Each project is undertaken by a single student, but companies can submit multiple project briefs if they wish. Following receipt of your brief, the student will produce a research proposal that will explain their understanding of the project requirements and will set out a plan of action to complete the research. This plan will include objectives, proposed method, timing and costs. The proposal will be subject to discussion and negotiation but we will require your approval of the proposal and costs before the students fully commence work. MBA Consultancy Projects Students are briefed to produce a project that addresses your brief and provides useful business information to help inform business decisions. In terms of output, the student is required to produce a Report for you by 1st August. This can involve a presentation if you require which you can arrange with the student to deliver at a time suitable to you both, either at this point, or later in the year if preferred. 3 In terms of input from the company, the student will initially be asked to produce a Project Management document, as part of their assessment, by Friday 13th June. This document will include the deliverables of the project and the timescales which the student must have agreed with you by this date. The company is therefore asked to ensure that time is allocated prior to 13th June, to work with the student to achieve agreement on the deliverables and practicalities of the project and sign-off the document to evidence to the assessor that this has taken place. We also request the company to designate an internal manager to the project. We suggest a minimum of fortnightly catch-ups between this person and the student throughout the project. Dependant on the project requirements, this person must also be briefed to support the student by providing data and opening up channels necessary to carry out the research. At the end of the project in August, we will send through a short feedback form, which we request be returned to us by Friday 29th August, in line with the student’s dissertation submission. The project will be supervised by a member of Business School faculty (or nominee) to ensure the research methods and data sources being used are appropriate and are being executed in a professional and objective way. It will also be overseen by the MBA Projects Director. The latter individual will keep in touch with the client to ensure that expectations are being met and will handle any difficulties in relationships or student progress should they arise. Deloitte Trained MBA Consultancy Projects All students who select a consultancy project go through an intensive training programme devised and delivered by Deloitte consultancy specialists. This includes: project scoping, client engagement, problem identification, project management and presenting recommendations and feedback. 4 What Companies Say “We were blown away. We have never been in a position where we have such clarity and insight in where we are going, which is a direct result of the students’ findings and recommendations.” Swissport – European Vice President “The student’s research into ‘The Challenges and Methods involved in Large Scale Outsourcing of Government Services’, provided a very useful international perspective on a topic that we feel may well resonate in the UK in the coming months.” MBA Consultancy Projects PA Consulting – Senior Partner 5 “I was delighted with the final presentation delivered and the interaction between the student and our R & D UK team over the summer. It was also excellent to have the opportunity to interact with academic members of Birmingham Business School. A job well done! Looking forward to supporting future projects.” Rhodia Novecare – VP R&D and Innovation Paris MBA Consultancy Projects Consultancy Project Timeline for Companies 6 Jan – end of Feb Complete the Client Brief Form Feb – March Projects presented to students March Student application process March – April Company interviews and selection April - May Project start-up/scoping meetings 28th April- 2nd May Deloitte consultancy training for students 26th May Offical start-date for all projects 13th June Project Management document signed-off June – July Two weekly review meetings 1st August Project completion Confidentiality The project will be undertaken with due regard for the University of Birmingham’s code of conduct for research and students will be required to complete an ethics checklist as part of the proposal. This latter checklist will ensure that the rights of potential respondents are respected in terms of confidentiality and anonymity. All information collected by students in the course of the project, and the final report itself, will be treated in complete confidence and will not be disclosed to third parties or published. Indeed, we will ask the students to sign a non-disclosure agreement. The report will need to be read and assessed by selected Business Academics and it will be put through an electronic plagiarism check, beyond this, the content will not be disclosed. Costs Any associated cost is dependent on the nature of the project and is negotiated accordingly. MBA Consultancy Projects In all cases, out-of-pocket expenses incurred by the student must be covered by the company. This includes travel, phone calls, photocopying, research / report purchases etc. Often, there is no further charge, although it is not unusual for the company to pay a discretionary bonus to the student at the end of the project based on outcome. 7 On occasions where the student is required to carry out work tasks at the company, take on regular hours over the summer, or is bringing significant expertise, as a result of their own professional background, then it is likely that appropriate remuneration will need to be negotiated accordingly. The MBA Projects Manager will act as first liaison with the company in such cases. We also expect a company designated person to be the internal manager of the project which does constitute a resource impact. Ongoing Project Management During the project delivery stage, the student is responsible for the effective management of the consultancy project and all communications with the client and the Business School. However, the students all receive support and guidance throughout from their dissertation supervisor and the MBA Projects Director, who acts as a broker between the company and the student in the initial selection phase, and thereafter as necessary. Students and companies are advised to do the following to ensure the smooth running of the project: 1. At the initial company meeting, the student and company representative should agree in principle a project timeline, this should be followed up with an email to confirm the dates in writing. 2. There should be regular two-weekly meetings between the company and the student to provide a time when progress can be reported and difficulties with progress resolved (meetings can be conducted online, face-to-face or by telephone conference). 3. Delivery outputs should be agreed at the start of the project e.g., Copy of the dissertation, Executive Summary, Presentation. The company is asked to demonstrate the agreement in writing by signing off the student’s Project Management Document by Friday 13th June. MBA Consultancy Projects 4. A final deadline date for these deliverables must be agreed to ensure project completion by Friday 1st August. 8 5. A Project Agreement document, outlining confidentially and ownership, must be agreed and signed by both the company representative and the student. All companies and students will be briefed on these guidelines by the MBA Projects Director. How do I get started? If you wish to propose a project for our MBA students, please fill in the form below or contact: Andrew Miles +44 (0) 121 414 6254 MBA Consultancy Projects [email protected] 9 Company Consultancy Project: Client Brief /Proposal Form Company Name & Contact Details Background to the Client Organisation Please provide a brief outline of your company and links to any websites/further information Project Aim and Objectives Please describe the project/s including; overall aim, key objectives and outcome expectations Please return to Andrew Miles: [email protected] Project Aim and Objectives (Continued) Skills/Knowledge/Interests Required by Student Consultant Support for the Student Consultant Please say how salary (if applicable) and ‘out of pocket’ expenses will be covered e.g. on presentation of receipt for previously agreed expenses. Also, highlight any other benefits to the student e.g. opportunity to network Please return to Andrew Miles: [email protected] Consultancy Time Period and Contact time Please outline for how long you expect the project to run e.g. Also, say what your expectations are in terms of Student Consultant contact time e.g. two-weekly meetings, 2 days/week etc. Any Further Information Please return to Andrew Miles: [email protected]
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