Posts Tagged ‘Consulting#8217;

1
Oct

IE Entrepreneurs: MBA inspired jewelry

Written on October 1, 2013 by Dirk Hopfl in IE News

Doing an MBA at IE and living in Madrid for a year and half is a life changing experience. I have met the most amazing people and made friends all over the world. Madrid is a wonderful city to live in and has plenty to offer, which can sometimes be a challenge to staying focused on school while living there.  When it comes to MBA itself, at first I was very frustrated thinking I was not receiving the knowledge I expected, but it wasn’t until the end of the core period that I realized how much I had changed and the amount I had actually learnt.  It is so that I have gained many skills that I can now apply to my new business.

When I first joined IE, I wanted a career in investment banking or consulting, but during my stay at IE, I realized that I would be mislabelled if I joined any of these fields. I realized that I would only be happy while helping other people and that, if I wanted to help people, I needed a sustainable business model. With the help of friends and a lot of research, I concluded that handcrafted jewelry would be a good line to start with. Finally in March 2013 Fairose was born, with 5 product offerings, which we plan to expand soon. Fairose will devote 25 percent of its profits to help the community and save certain handcrafts from being extent. For the coming 2 or 3 years we will focus on producing jewelry but after we hope to start producing apparel. We also hope we can replicate our model in different countries to help as many people as we can.

By Hany Abdel Shahied (IMBA 2011), first published on the International MBA Blog.

21
May

Insights into the Wharton Global Consulting Practicum

Written on May 21, 2012 by Dirk Hopfl in IE News

The post was written by Maya Helbaoui and first published on news.imba.ie.edu.

“I have a doctorate degree in Pharmacy (Pharm.D) and I am a current IMBA student with over 6 years of experience within the healthcare and media industries in the Middle East as a medical consultant, project manager and executive producer for health media projects. I am also a current member of the Wharton Global Consulting Practicum here at IE.

In general, the WGCP is a consulting project in which 10 MBA students (5 IMBA students from IE and 5 executive MBA students from Wharton, USA) work together on a real life problem – the market entry strategy for a Spanish client into the US market, keeping in mind that companies and sectors change every year.

This year’s project is about the biotechnology sector and involves 2 Spanish biotech companies that already have different products in Spanish and European markets;  the goal as stated previously is to help them develop a strategy to enter the US market.

From my experience at this point, the WGCP creates a very challenging and competitive environment in which all team members have to dedicate a big chunk of their time to work on deliverables, market research, interviews with KOL’s among others in addition to the heavy workload of the IMBA here at IE.

However, it is an excellent experience based on its “hands on” nature which gives all participants the chance to work with a real client and apply all the lessons learned during their MBA. Read more…

25
Jan

Social Consulting – live at the IE International MBA

Written on January 25, 2012 by Dirk Hopfl in IE News

In the summer of 2011, sixteen MBA students from IE Business School travelled to South Africa to take part in a 7 week life-changing experience. As fellows of the Leadership Development Program of the Emzingo group they worked on consulting projects for local NGOs.

18
Jan

IE MBA students enjoy real life consulting experiences

Written on January 18, 2012 by Dirk Hopfl in IE News

The IE Consulting Project (IECP) is offered during the elective period and ends with a presentation to senior management at a Fortune 100 company. During the International MBA program students have the opportunity to participate in several real consulting projects. Watch the video below to learn more!

9
May

To mark the conclusion of the IE Consulting Project (IECP), sixteen International MBA students recently presented their final projects to senior management of Unilever. 

The IECP is the latest example of the experiential learning opportunities available at IE Business School, which provides students with real world experience in identifying and solving problems in management.

 “Not only is the IE Consulting Project a rewarding opportunity for our students to work with Unilever, but the company likewise benefits from the energy, passion, and new ideas of our MBAs,” said Amrou Awaysheh, Professor of Operations Management and Faculty Director of IECP, which is now in its second year.

In this most recent project with Unilever, students were grouped into four teams of four and assigned to projects closely aligned with Unilever’s core activities including CSR, strategic planning, and process improvement.  For fourth months, the teams met with senior management, had access to exclusive company data, and visited various Unilever sites in Europe.

 The MBAs presented their final reports to senior Unilever management.  “The presentations were strong; the MBA students have given Unilever much to consider and a number of recommendations that can be implemented in future endeavors,” concluded Awaysheh. 

 “Once again I am extremely impressed with the caliber, professionalism and enthusiasm of the students and the work they have produced. Some projects were more strategic and others more operational, but in all cases the conclusions and recommendations have been practical, and applicable immediately to our business,” said Duncan McIver, Works Director of Unilever’s Aranjuez facility.  “After only one year the current students have elevated the standard to a level that will be a challenge for future students.”

McIver added: “As always, it has been a pleasure to work with the students and Professor Awaysheh on these projects, and it clearly demonstrates the caliber of the IE Business School.”

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