Corporate Consulting Projects: learn, apply and network!
Consulting projects are an essential component for the MBA and constitute the capstone of the program.
The MBA course offers students the opportunity to work on concrete projects, sourced by companies, and to have them actively involved in strategic decision-making and recommendations to specific corporate opportunities, challenges and issues. Moreover, the strategies that are recommended are constrained by financial considerations. Students apply what they have learned in class, as well as critical thinking skills, strategy formulation and implementation, and project management and team working skills.
Recent MBA Corporate Consulting Projects include:
Parkview Private Collection: design a social media strategy for its Luxury Business Unit- Beauvallon.
Burberry – Shoes Division: how to turn online contacts into store visitors using Brand Appeal, innovation and technology.
Monte-Carlo Société des Bains de Mer: revamp and sell the Monte-Carlo experience to become a preferred destination for the new generation of HNWI/UHNWI from China, Australia, Silicon Valley, Brazil, India for all the market segments of SBM Monte Carlo: Shopping, Casino, Hospitality, Culture.
Barclays Wealth Management: “What the best Private Bank in Monaco would look like?”.
Fendi Casa: identifying new customers, markets and value proposition strategy and business plan development.
The Monegasque Association for Finance (AMAF): re-positioning Monaco as a global financial center.
Frost & Sullivan Global Consultancy and UBS Bank: understanding the high Net Worth Millennials Customer, and the bank of the future.
Rossinavi: how a yacht builder can grow and enhance its brand to capture new and emerging customers (the Millennials) in developing new research and designs.
Cru Wine Investment Ltd. requested a business and financial model for a Car Collection Investment Funds.
Monte-Carlo Capital: creating a feasibility study on the European and Asian development of an innovative online service in auto repair; screening of the most innovative, original, potentially profitable businesses in Europe and in the US.
The Fairmont Hotel: managing an innovation project.
Caroline Andersson, Swedish, Monaco MBA 2015 Project Manager at Peab Bostad AB
The thing I probably appreciated the most about the Monaco MBA was that the professors constantly pushed me to venture beyond my comfort zone and think outside the box to find innovative solutions and improve my business proficiency. The MBA experience has definitely made me more prepared and confident to manage business complexities and turn paper strategies into real-life ones. IUM’s milestone weeks, which happen five times over the course of the program, were particularly enjoyable, involving career development activities, networking events and business simulations. Receiving direct feedback from top executives and business directors has been crucial to my personal and professional development. It’s also improved my project management skills, and has given me greater confidence in taking vital strategic decisions. I certainly use the knowledge I gained at IUM on a regular basis, whether it be financial analysis, risk management, or strategic marketing.
This Business Simulation course seeks to provide MBA participants with an opportunity to practice their managerial knowledge and skills.
During a full-week intensive course, students live a unique experience: launching, developing, and managing a high tech company in a multinational context. This course blends together a highly efficient set of learning methods: simulation, role playing, and tutorials which make it a real “experience” in entrepreneurship.
The Entrepreneurial Experience simulation aims to improving skills in:
Business planning and modeling
Value chain positioning and strategy
Decision making under pressure
Negotiate with business partners (B2B)
Working across functions
Maximizing team performance
Taking initiatives and living with the consequences
Students, in virtual companies, compete with other companies who chose to enter the same markets and provide similar products. They also cooperate with each other by having synergies from common investments, building long-lasting trustful relationships and strategic alliances, etc.
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