Embedding MBA Students in Local Incubators and Accelerators

"Embedding MBA Students in Local Incubators and Accelerators", Entrepreneurship Education and Pedagogy, Fall 2018, Forthcoming

20 Pages Posted: 30 Jul 2018

See all articles by Matthew Savoie

Matthew Savoie

University of Louisiana at Lafayette

Joshua Bendickson

University of Louisiana at Lafayette

Chase Edwards

University of Louisiana at Lafayette - Department of Economics and Finance

Date Written: July 5, 2018

Abstract

This article presents an innovative method of engaging MBA students in a capstone course by differing a customizable project with businesses that are currently progressing through a regional, independent incubator, or accelerator program. We include various project options but focus on customizable capstone project alternatives to traditional business strategy simulations and case study methods. Namely, our innovative learning solution is a mock consulting project which drives innovation and fosters strategic collaboration between small business owners, university faculty, and MBA students while providing business strategy experience and generating positive exposure for both the university and the small businesses involved. Our method includes pairing MBA students with participating startup businesses and allowing the soon-to-be MBAs an opportunity to garner consulting experience while simultaneously serving the needs of the businesses in the accelerator. Accordingly, MBA students act as consultants to business owners and prepare detailed weekly briefings to inform stakeholders within the university and the constituent businesses. By breaching the typical capstone project parameters, the mock consulting option provides for experiential and applied learning experiences for MBA students and develops higher order strategic thinking by challenging them to work hand-in-hand with real startups.

Keywords: Accelerator, MBA, Pedagogy, Experiential Learning, Innovation, Graduate School, Business School

JEL Classification: A23, M1, M13, O10, O22, O30, O49

Suggested Citation

Savoie, Matthew and Bendickson, Joshua and Edwards, Chase, Embedding MBA Students in Local Incubators and Accelerators (July 5, 2018). "Embedding MBA Students in Local Incubators and Accelerators", Entrepreneurship Education and Pedagogy, Fall 2018, Forthcoming. Available at SSRN: https://ssrn.com/abstract=3208783

Matthew Savoie

University of Louisiana at Lafayette ( email )

Lafayette, LA 70504
United States

Joshua Bendickson

University of Louisiana at Lafayette ( email )

Lafayette, LA 70504
United States

Chase Edwards (Contact Author)

University of Louisiana at Lafayette - Department of Economics and Finance ( email )

Lafayette, LA 70504
United States

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