Professor John Colley Professor of Practice Strategy & International Business
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1 Professor John Colley Professor of Practice Strategy & International Business
2 Agenda Welcome to WBS The Student Consultancy Project s Process Key Dates Project Sponsors & Student Insight Next Steps Q&A Meet the WBS Corporate Relations Team
3 WBS the Vision
4 2015 is 50th Anniversary of University of Warwick WBS is the largest department of the University of Warwick Circa 400 staff, 5,000 students, 35,000 Alumni 126 countries represented on our degree programmes 1,600 Undergraduate, 3,300 Postgraduate (Taught), 120 Postgraduate (Research)
5 Times and Sunday Times University of the Year "A powerhouse of teaching excellence"
6 WBS Rankings Full-time MBA: 4 th in the UK Full-time MBA: 8th in the world (outside the USA) MSc in Finance: 2 nd in the UK MSc in Finance: 15th globally DLMBA: 1 st in the UK DLMBA: 2 nd in the world Full-time MBA: top in the UK Full-time MBA: 18th in the world Full-time MBA: 4 th in the UK Full-time MBA: Top 40 in the world
7 What makes WBS different? Excelling at: Teaching Recruiting the brightest students Developing the most valuable graduates Breaking new ground
8 WBS Talent UNDERGRADUATE BSc Accounting & Finance,, BSc International Business, BSc International Management, BSc Management, BSc Information Systems Management & Innovation MASTERS MSc Accounting & Finance, MSc Behavioural Finance, MSc Business, MSc Finance*, MSc Financial Mathematics*, MSc Business Analytics*, MSc Information Systems Management & Innovation* MSc Human Resource Management & Employment Relations, MSc International Business, MSc Management, MSc Marketing & Strategy* MBA Full-time*, Distance learning, Executive, Global Energy, PhD - Business and Management PhD, Finance PhD, Bespoke PhD, DBA - Doctor of Business Administration
9 WBS Student Consultancy Projects Undertake strategic projects or research in key areas of your business: Address business challenges Uncover new opportunities Refine innovation and growth strategies
10 What is a Consultancy Project? Summer engagement Delivery of a piece of practical work Focused outcome Access to global talent Project will form basis of student s academic dissertation
11 Which courses offer projects? MBA Typically 3 10 years management experience Strategic management programme covering broad spectrum of functions/disciplines MSc Programmes MSc Business Analytics MSc Financial Mathematics, MSc Finance and MSc Finance & Economics MSc Information Systems Management & Innovation MSc Marketing & Strategy Specialist study, typically pre-experience
12 How does it work? Identify project topic / research area Develop a brief and define deliverables Shortlist, Interview and Selection Regular communication: Client, WBS and Academic Supervisor Project duration: weeks over the summer MSc projects: 31 st May MBA projects: 4 th July
13 Who is a Warwick MBA Student 3-5 years
14 Why I did the full-time MBA at WBS
15 The Warwick MBA Previous topic areas: Marketing, strategic management, supply chain management, outsourcing, risk analysis, viability of new markets, and innovation management Previous project titles: Activity-based country cost model for logistics company Using social networking to recruit and develop a direct sales force Strategic outsourcing in the SME/Not For Profit sectors
16 Kate Friend, WBS Corporate Relations Joe Barr, WBS Corporate Relations
17 MSc Marketing & Strategy Previous topic areas: Consumer behaviour, Sustainability, Advertising strategies, Brand Management, Service marketing, Innovation in emerging markets, Social media impact, Luxury brands Previous project titles: Chinese Market Entry Strategy Social media impact on buying behaviours in B2B markets Strategic Communications Plan What is the Future of Loyalty in the Financial Services Sector?
18 MSc Financial Mathematics / MSc Finance & Economics / MSc Finance Previous topic areas: Financial and statistical analysis, pricing, modelling, forecasting, risk and investment management, corporate finance, and quantitative trading Previous project titles: Financial Modelling and Forecasting in the xxx Market Credit Risk Management Big Data in the Leisure Sector
19 MSc Information Systems Management & Innovation Previous topic areas: Projects relate to project implementation & management, innovation processes, IT strategy, Enterprise/IT architecture, IS security, CRM, managing global teams and virtual work practices, IT asset management, the creation and exploitation of business knowledge, and outsourcing and off-shoring Previous project titles: Innovation in a software company Applications rationalisation for a City Council Exploring the relationship between Server Virtualization and Power Consumption in the context of Green IT
20 MSc Business Analytics Previous topic areas: Business planning, problem structuring, performance management and efficiency analysis, management systems, systems modelling, risk analysis, budgeting, and improving strategy and decision-making processes Previous project titles: ecommerce Model Understanding public sector supply chains and identifying opportunities Don't judge a book by its cover - Identifying options to measure and reduce paper usage in a printing company Using data modelling to investigate the social housing needs of an ageing population
21 Benefits for Students Application of concepts to real world scenarios Develop skills and experience A chance to evaluate a prospective employer Develop a network of professional contacts Potential to secure full-time employment
22 Benefits for Sponsors Fulfilment and delivery of critical projects Cutting edge management thinking A fresh perspective Potential efficiency & cost savings Try before you buy Brand development
23 Project Optimisation To maximise the success of your project: Definition of Scope Resource availability Timelines and milestones
24 Summer projects timeline - MSc Dec/Jan Feb Mar Apr May June July Aug Project ideas discussed Brief received & reviewed Deadline 10 th March Project adverted and applications open (22 th March) CVs sent to sponsors (12 th April) Sponsors shortlist & interviews (19 th April 21st April) Project Offers Project starts 31 st May (MSc) Students undertake project Dec/Jan Feb Mar Apr May June July Aug
25 Summer projects timeline - MBA Dec/Jan Feb Mar Apr May June July Aug Project ideas discussed Brief received & reviewed Deadline 31 st March Project advertised and applications open (12 th April) CVs sent to sponsors ( 3rd May) Sponsors shortlist & interviews (17 th 18 th May) Project Offers Project starts 4 th July (MBA) Students undertake project Dec/Jan Feb Mar Apr May June July Aug
26 WBS Project Sponsor Feedback 92% of project sponsors would recommend WBS consultancy projects to internal and external colleagues 96% of project sponsors felt WBS consultancy projects delivered value for money 96% of project sponsors felt that the participant achieved the objectives outlined in the WBS consultancy project brief
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30 Corporate Relations Who we are Find and connect with us on
31 Interested? Next Steps Contact the Corporate Relationships Team at WBS Complete Consultancy Project Brief & return to your team contact Share information with your colleagues!
32
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