Industry Capstone Program: For Employers

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. Organizations supporting a project benefit from a close relationship with a technology-oriented business school responsible for teaching and research that prepares professionals and companies for digital transformation.

Access to Student Talent

Sponsor organizations gain access to highly motivated students who bring a fresh look to complex problems. You also benefit from the business and technical skills, expertise and know-how developed through their studies.

Access to Faculty

Sponsors benefit from the participation of Stevens professors, who contribute their academic knowledge, research and consulting experience to the team in their capacity as project supervisors.

Access to Modern Analytics Techniques

Working with Stevens students is often a learning experience for managers, who get to see how tomorrow's leaders use analytics, machine learning, computational methods and software design in identifying trends, solving problems and devising strategies. Students are able to use cutting-edge tools in unique labs, including the Hanlon Financial Systems Center, to assist them in performing complex analytical tasks.

Addressing a Company Problem

At the end of the project, sponsors receive a written report and formal presentation at the conclusion of the project. The report will analyze the defined problem and present recommendations and conclusions that are designed to be immediately applicable to the sponsor.

Call for Proposals

Stevens is continuously soliciting projects for the Industry Capstone Program. A proposed project should include a real business problem the organization faces and well-defined timelines and deliverables. Priority is given to projects that can be completed in four months by a team of four graduate students and a faculty advisor.
Stevens offers expertise in a broad range of business areas. Here are some specialties made possible by our unique emphasis on technology:
Finance. Improved financial planning, including financial modeling; A.I.-assisted financial advising; financial risk analysis and volatility; adoption of financial engineering techniques, including cryptocurrencies, algorithms, trading strategies, forecasting and valuation.
Technology integration. Improved reporting; more effective customer engagement; enhanced IT security; better business intelligence; smarter product development; leaner, more impactful marketing.
Organizational behavior. Improved collaboration and communication; motivating employees; HR issues, including succession planning, flexible workplaces and talent management; business process re-engineering; improved efficiency.
Operations management. Improving supply chain resilience, optimizing transportation, better demand forecasting.

How it works

Organizations may submit proposals at any time, but the project evaluation process begins in September, at the start of the academic year. This gives Stevens sufficient time to review the proposals before the start of the spring semester, and to identify students and faculty whose interests and backgrounds help ensure a project's success. Projects are selected on the basis of criteria that include educational value, originality, clarity of project goals, availability of data, likelihood of success, impact generated and commitment from the sponsor.
Selected projects are assigned to teams of students based on the domain expertise required by the project and the student preferences. The teams use the same skills professional analysts and consultants would employ. Upon receiving an assignment, the team defines the problem, gathers facts through field interviews, collects and analyzes data, and develops actionable recommendations delivered to the client.

Professionalism and confidentiality

There is no fee charged to the sponsor of an Industry Capstone Project. However, we would be grateful to the sponsor for undertaking any costs for the project (such as travel fees to and from the sponsor). In lieu of such fees, sponsors may choose to contribute a tax-free donation to the School of Business, which would be appreciated.

Sponsorship fees

There is no fee charged to the sponsor of an Industry Capstone Project. However, we would be grateful to the sponsor for undertaking any costs for the project (such as travel fees to and from the sponsor). In lieu of such fees, sponsors may choose to contribute a tax-free donation to the School of Business, which would be appreciated.

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