Collaborate with faculty & students at Stevens Institute of Technology
Key Benefits
Customized Project Challenges
Top-Tier Recruitment Pipeline
Effective Talent Evaluation
Long-Term Partnerships
Looking to collaborate with our students & faculty?
Our experiential learning projects include:
Well Designed Project Scopes
Candidate Requirements
Timeline & Milestones
Diverse, Eager Student Teams
Project Management Support
Valuable Final Deliverables
Engagement Formats
Industry Capstone Program
Engage with a team of students in an experiential learning project that results in impactful solutions to unique business challenges! The benefits for students in adding a consulting project to their résumés are obvious, but it's also an incredible opportunity for the partner companies who help aspiring leaders obtain valuable experience.
Explore Project Topics & Templates
Account Management
Account Management
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
Account Management Current State and Benchmarking Assessment
- How is the account management or client success team structured? Are they split by geographies, verticals or other characteristics?
- How many accounts are the account managers responsible for?
- What level of service and interaction is required or expected in this industry?
- How does the company's model compare with their key competitors?
Improve Current Account Management Process
- What process does the company use to interact with their current customers?
- Survey the account managers and create a flow chart of their of what their recurring responsibilities look like.
- Based on the flow chart, are there any processes that are redundant or inefficient? Anything that can be automated?
- How can they more effectively keep their customers satisfied?
Optimizing the Account Manager Role
- What are main responsibilities of Account Managers at the host company?
- How are Account Managers incentivized? Some examples are: renewals, up-sells, customer satisfaction, net promoter scores, and new business. Are these effective or should the host company consider adding other metrics and/or removing metrics that don’t result in optimal outcomes?
- How can you best align incentives with internal operations to maximize success?
Cross Functional Synergies Assessment
- What are some potential opportunities where the host company can align processes between account management and other functional departments in the company? (E.g., sales, marketing, product, and operations)
- Create a hypothetical case where it would be beneficial for the Account Managers to have a cross-functional team with other departments within the organization.
- What would it look like? (Map it out)
- How would the process be different?
- Who would need to be involved?
- How would you measure success as a team?
Corporate Social Responsibility
Corporate Social Responsibility
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
Define Corporate Social Responsibility Strategy
- Does the company currently engage in CSR?
- How well does the company’s CSR Strategy intertwine with the company’s core competencies, offerings, and business mission?
- Is the CSR strategy being effectively communicated throughout the marketing, HR, and PR departments?
- Does management seem to be aware of the overall CSR strategy?
Team Buy-in Assessment and Engagement Strategy
- How well does the average team member know about the company’s CSR initiatives? To what extent are they involved in the company’s CSR strategy?
- How can this be improved?
- What metrics are used to measure success? What alternative metrics should be included to enhance the feedback loop strategy on CSR?
External Partners Assessment
- Who is the company helping with regards to their CSR strategy? Who are the end user beneficiaries of the host company’s CSR initiatives?
- What third party partners are involved in helping reach this group?
- Are there others out there that could also be helpful?
- How mission-aligned are these third parties with your CSR goals and overall company mission?
- How can you profile and evaluate the relationships built through CSR initiatives? How does this set the tone for future endeavors? Are there key criteria for evaluating third parties with regards to CSR initiatives?
CSR Impact Assessment
- How does the company currently measure reach, impact, and value of CSR initiatives?
- Is the company fully capturing this value? If not, how can they improve the overall process of measuring impact and results?
- How should the company report and communicate their impact both internally and externally?
Growth Strategy
Growth Strategy
For your reference, we've included some sample project ideas below. We encourage educators to mix-and-match components from various departments so that the projects are cross functional in nature. In all cases, we customize the projects based on company goals and course teaching objectives.
Growth Plan and KPI Performance Assessment
- How has the business evolved over time? How does the team feel about the past, present, and future of the business?
- What key metrics does the company use to run the business and make key strategic decisions? How are these calculated? What does the company envision for the future for each metric? Does that seem to align with management expectations?
- What are some key concerns and areas of focus that the host company should consider when preparing for the future of the business?
Industry Benchmarking Assessment
- Who are the biggest competitors and how do they stack up against the company's model? Do a SWOT assessment.
- Do any companies present interesting opportunities for partnerships? What about potential mergers and acquisitions?
- Who are the key thought leaders and media outlets in the space? What are they publishing and how do they interact with companies like yours?
- Design a comprehensive industry overview report. Pay close attention to the key players, their growth trajectory, and the major regions where they find the most success.
Customer Retention & Growth
- How well does the company address customer needs from a product and service perspective? Do their customers seem happy with their purchase?
- What’s the general customer perception of the company’s brand?
- How large are the largest accounts compared to the smaller accounts? What makes the difference between these two contract-types?
- What percentage of accounts can scale to becoming 50-200% larger? Does the company seem positioned to scale?
Establish Company Goals & Projections
- Analyze the company’s growth plan. What areas of the business seem most opportunistic and/or concerning? Consider their growth plan and existing traction.
- How does the company today compare to the company months and/or years ago?
- What does the company want to look like in the future?
- What are the KPIs and how well well do they tie to your assessment of company performance in strategic areas?
- How do you think the KPIs will change as the business scales?
Legal, Regulatory, Compliance
Legal, Regulatory, Compliance
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
Legal & Regulatory Assessment
- What laws and regulations impact the company? (Consider: Industry, product, customer, suppliers on state/local/federal level)
- How confident is the company’s management when it comes to navigating these laws, regulations and future changes?
- Is the company compliant? What process is used to check on compliance? Can the process be mapped or organized more efficiently?
- What sources can be used to keep these regulatory maps organized and up-to-date in the future?
Impact of Future Regulations on the Business
- What laws are on the horizon that would impact the company?
- What is the likelihood that these regulations will be enacted?
- How will they impact the company? What can the company do proactively to manage these changes in regulatory expectations?
Influence on Impending Regulations (Lobbying)
- Does the company try to impact regulation? If not, should they be?
- What key regulations are the most pressing to consider lobbying? What events, conferences, and key stakeholders are involved in passing regulations?
- How costly and/or potentially impactful would lobbying be for the company?
Marketing
Marketing
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
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Industry Marketing Benchmarking Analysis
- What is the company's target demographic, product, and business model?
- What is the customer’s problem and how the company's product or service is solving that problem?
- How would you compare the company's products with the rest of the providers in the industry? Pay close attention to how other companies are marketing their products and positioning the brands.
- How would you compare the company’s marketing performance to competitors?
- What improvements would you recommend based on your assessment?
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- Examine the company's past marketing strategies. What worked? What did not? How would you showcase progress over time?
- Compile data into a visualization to track trends of successful and less successful strategies.
- Compare the company's marketing tactics with competitors to showcase what works effectively - or not effectively - with certain customer demographics
- What other marketing strategies could be used to benefit the company?
- What technologies could be involved in different marketing strategies? How can you use them most effectively? How would you measure success?
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Marketing Strategy Development
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- What are the company's past marketing strategies? What worked? What did not? How would you showcase progress over time?
- What is the customer’s perception of the company’s brand, product, and services?
- Propose 2-3 digital, experiential, or social, marketing strategies for the company to consider. Assess cost, reach, mediums, and any other components needed for a full understanding of this investment.
- Select one campaign and develop a road-map that will prepare the company to launch your campaign. Keep in mind timing, required resources (budget, people, etc.), projected results, and how you would measure ROI.
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Customer Brand Perception Analysis
- Does the company assess their brand perception at all? If so, what do you find interesting about the process or findings?
- Conduct structured customer interviews to gain a better understanding of their customers’ preferences, purchasing habits, and decision-making processes. Consider: Demographics, Discovery Channels, and their Product Aptitude
- Suggest a new effective process to collect more customer data on brand perception and customer experience.
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Marketing Mix Assessment & Recommendations
- Consider a 360 marketing approach when deciding the appropriate channels to utilize. What is the current marketing mix for the company? Analyze where the company spends the most and where the company performs bests.
- Propose an alternative marketing mix for the company that you think will work best for the product, industry, and customer type. Where should the company allocate resources to generate better performance? Consider paid advertising, social, display, content, guerrilla , experiential, affiliate, partnerships, etc.
- What are the costs and benefits of using your strategy? What are the key risks and costs? Compare these risks with potential reach and benefit.
Mergers & Acquisitions
Mergers & Acquisitions
For your reference, we've included some sample project ideas below. We encourage educators to mix-and-match components from various departments so that the projects are cross functional in nature. In all cases, we customize the projects based on company goals and course teaching objectives.
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Industry M&A Temperature Check
- What makes the company unique compared to competitors in their industry?
- Review existing data and current plans. Analyze the opportunities that the company is considering through strategic company interviews with key stakeholders.
- Hypothesize potential synergies with other players in the market. Is this market ripe for consolidation? How are you making that assessment?
- What benefits would these mergers and/or acquisitions present for the company?
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Competitor (or Target List) Analysis
- Who are main competitors in the market?
- What unique offerings does each competitor have? How does the company product, service, and brand compare to these companies?
- Do any of these competitors see reasonable to acquire? Do any of them seem ripe to acquire you?
- Create a detailed profile of each competitor in the industry with a buy/sell assessment.
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Merger or Acquisition Simulation
- Select a company and walk through the procedure of exploring a merger or acquisition. What are the costs, benefits, and likelihood of success with this potential transaction?
- Would this potential merger or acquisition be beneficial to your host company if it were successful? Why or why not?
- What key strategies would you use to initiate OR implement that merger or acquisition?
Purchasing, Logistics, Supply Chain
Purchasing, Logistics, Supply Chain
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
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Raw Materials Audit
- What raw materials are being used? Where are they getting the raw materials? How is the relationship with these suppliers? How do current key stakeholders feel about these raw materials and/or suppliers?
- What is the cost of raw materials? How does this compare with other suppliers?
- Explore potential new raw materials providers. Do any of them present potential benefits for the company (improved quality or reduced cost)?
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Manufacturing to Distribution Process Mapping & Improvements
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- How does the company get their products to distributors?
- How is the company currently manufacturing the products?
- What is the process of preparing the final goods for distribution?
- How does the distribution system work? How long does it take to get from destination to destination?
- Can any of this be automated or optimized? This about increasing efficiency and/or reducing costs.
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Distribution System Testing
- How does the company distribute their products?
- How reliable are the distributors?
- How far-reaching are these distributors?
- Are there better potential distributors? What about potential new distributor relationships?
New Distribution Partner Assessments
- Understand the current distribution partner relationships. Map out how products get to end customers and in what quantities.
- Assess potential new markets for the product. What regions seem the most appealing? Why? Select one region and make the case why this is the most ideal region to enter.
- What distribution partners would be able to help you reach your selected region? What other products are they distributing?
- How does entering this new region impact revenues and costs?
Quality Control
Quality Control
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
Process Mapping & Performance Improvements
- What type of QC control process is the company currently using? Can you map it out end-to-end?
- How effective is the company’s current QC process?
- How could the process be improved? Think technology and process workflows.
Instituting Quality Control with Suppliers or Third-Party Vendors
- Analyze how the company’s suppliers, partners, and vendors administer QC. Does this meet your company’s standards?
- What types of quality check is the company currently doing? How often? What is this process like and how can it be improved?
Quality Control with Customers and End Users
- How does the company ensure quality with their customers?
- How well does the company check-in on customers to ensure quality?
- How can the company improve their quality control process related to the customer experience?
Reporting, Financial Planning & Analysis
Reporting, Financial Planning & Analysis
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
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Develop Financial Statements
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- What is the company’s business model? What are the products? What makes them unique compared to competitors in their industry?
- Assess where financial data comes from at the company? What drives cost and revenues? How are these categorized?
- Build a set of comprehensive financial statements including a cash flow statement, income statement, and balance sheet. Ensure it’s consistent for the business since origin.
- What key insights and metrics can be derived from the financial statements? What types of process improvements and recommendations can you provide to the company’s management?
- How can the company continue to manage the financial statements on the go-forward? Provide the company with a step-by-step process when it comes to building and maintaining the key financial statements in for the future.
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Develop Predictive Financial Model
- What is the company’s business model? What are the products? What makes them unique compared to competitors in their industry?
- Develop a flexible financial model from scratch dependent on a set of assumptions that they can be manipulated to understand the dynamics of the business.
- How do the different cost and revenue components tie to each other? How will this change as the business scales?
- How should the team set goals for the next few years?
- Use the projections from your financial model to develop a Discounted Cash Flow model. Help the company determine its appropriate WACC and use that WACC and the future cash flows to determine a company valuation. Use industry benchmarks to determine if the valuation is reasonable.
- How will the company's growth plan affect the financial model you built in the last section?
- Interview upper management and the sales team to get an idea of scale over the next 6, 12, and 24 months. Update your financial model according to their scaling forecasts and goals. Develop these goals into a usable budget.
Financial Records Audit
- If the company uses cash accounting determine if they should be moved to accrual.
- If they use accrual accounting, determine if the following accounts are recorded correctly: 1) Deferred Revenue 2) Prepaid Expenses 3) Accrued Expenses 4) Fixed Assets & Depreciation
Software Design & Development
Software Design & Development
We've included some sample project ideas below. We encourage users to mix-and-match components from various departments for the best cross functional project experience. In all cases, we customize the projects based on company goals and student learning objectives.
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Software Design
- Who are the key stakeholders and what are the business requirements? Map this out as user stories or flow charts.
- Design a wire frame that showcases the flow from screen to screen.
- What are the technical requirements? How long would this take to build? What key types of engineers would be required to build out the whole product?
- How would this software be integrated into the company’s current product or operations? How would you train stakeholders on how to use the software?
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Software Development
- What are the specifications for the software? Who are the key stakeholders and what are the business requirements? Map this out as user stories or flow charts.
- Design a wire frame that showcases the flow from screen to screen.
- Begin developing the software. Establish ways to ensure the quality and accuracy of what you’re building. Ensure this matches the company core team’s process.
- Test the software out with stakeholders in order to ensure it runs as expected. Make tweaks that are required.
- Deploy new software including annotations to the code. Provide third-party training modules for the new software if needed.
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User Experience Review
- What software does the company currently use? How do their systems currently interact with one another? How well does it function?
- How well-designed is the user experience? What types of challenges are you encountering when trying to navigate through the software?
- Administer a user experience test with current and prospective customers. What key themes emerge?
- What recommendations would you suggest when it comes to improving the overall user experience?
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Software Testing and Maintenance
- What software does the company currently use? What are the key languages? How are the systems organized?
- How would you go about testing the company’s current technology? Is the company currently testing the software? If so, how well documented is that procedure? If not, how can you begin assembling a process plan for software testing?
- Are there any recommendations related to improving the software?