New insights

An International Consulting Project (ICP) is an intensive seven-week consulting assignment (plus 1 week of preparation time) in which MBA teams are working for 7 weeks, full time, 100% focused on finding solutions to clients' strategic issues.

During the ICP, a multi-cultural, multi-disciplinary team of MBA "consultants", supported by an IMD Faculty member, deliver fresh, unbiased insights to your business. The average age of IMD MBA participants is 31 with 7 years of professional experience.

Projects

Projects may take different shapes, but typically involve in-depth assessments of the industry and market contexts, appraisals of key issues, reviews and evaluations of strategic options, recommendations and considerations for implementation and stakeholder engagement.

A four-step approach addresses the strategic issues specific to each sponsoring company.

Four steps Objectives
1. Industry Analysis
Understanding key factors for success; defining the criteria to evaluate the company
  • Fact gathering and analysis
  • Presentation to Faculty
  • Presentation to client executives
2. Company analysis
Identifying strengths and improvement opportunities; defining key issues for further examination
  • Field work and analysis
  • Presentation to Faculty
  • Presentation to client executives
3. Issue analysis
Developing recommendations for solving issues or capturing opportunities
  • Field work and analysis
  • Presentation to Faculty
  • Presentation to client executives
4. Implementation
Translating recommendations into a specific implementation plan
  • Define implementation plan
  • Report to client executives
  • Report to Faculty

Previous Project examples

Project Investment

  • A Consulting Fee of CHF 70,000 plus expenses
  • Expenses depend on how much travel a team does but typically vary between CHF 10,000 and 20,000. All project related expenses are subject to prior approval from the client

Terms and Confidentiality

IMD stresses the strict observation of all confidentiality rules in accordance with the highest standards applied by the consulting/legal profession. A letter of agreement is submitted to the company before the project starts outlining the principles guiding the project, its purpose and a confidentiality clause.

The MBA Scholarship Fund

Clients of the IMD MBA International Consulting Projects (ICP) provide world-class educational opportunities to future generations of global leaders through their contributions to the MBA Scholarship Fund. Each year the Fund awards five regional scholarships to high potential, financially limited MBA candidates from around the globe. These exceptional individuals in turn enrich the cultural diversity of the MBA program and contribute valuable perspectives to their class and ICP clients.

The MBA International Consulting Project has helped organizations like yours accelerate important strategic priorities and their execution. Our dynamic MBA teams provide you and your company with:

  • Inspiring and unbiased ideas from multi-cultural and multi-disciplinary teams
  • Practical strategy recommendations
  • Concrete implementation plans

Our clients generate highly attractive returns on their ICP investment driven by:

  • Experienced, diverse and innovative MBA teams
  • Cutting-edge management practices from IMD's world renowned Faculty
  • High quality analysis for a relatively small investment

An ICP also provides you with early access to our exceptional MBA graduates. Finally, companies running an MBA ICP have taken the opportunity to assess team members for potential future employment.

Success speaks for itself

More than 60% of projects originate from returning clients who are satisfied with the recommendations and concrete implementation plans of our MBA ICP teams. During the past 35 years, we have completed over 570 projects for 350+ companies in more than 65 countries.

The IMD MBA team brought some very interesting insights and ideas to Franke's market strategy for China. They generated a lot of excitement and motivation and, best of all, came up with a set of concrete action plans that we are implementing. Christian Kühl

President Asia Pacific
Franke Kitchen Systems

Integrated projects throughout the MBA program

The ICPs are an integral part of the intense MBA curriculum. The careful integration of classes, live business cases and projects allows MBA participants, who already have an average of 7 years prior work experience, to apply what they have learned in the classroom to real business situations throughout the year.

The key milestones of the ICPs and when they occur are outlined below.

Fall projects Time Detail
Inquiry October-Februrary Explore a project opportunity by contacting a member of the MBA ICP Office team. Initial discussions of potential project scope.
Confirmation of projects February -early March Deadline to confirm participation in current year's ICP program. Only 18 slots available per year.
Scope definition March - April Agree on project definition and timing of key presentations
Preparation May - September Meet the MBA team and Faculty member assigned to your project. Finalize project scope and deliverables. ICP teams will use their ICP project topics for some of their team class assignments in June/July giving them a running start for when the project officially kicks-off in September.
Project delivery September - November The ICP team will work on the project full-time for 7 weeks. Provide access to key stakeholders; give real-time feedback, unbiased insights and valuable recommendations to your business.
Key Presentations September - November Reserve 3 dates for presentations from the MBA ICP team.

MBA teams are supported by a wealth of expertise and experience. This includes a strong network of IMD Faculty and client support resources. Together, we create novel solutions with real impact for our clients.

The ICP Team consists of:

MBA Participants

Each MBA team consists of exceptional individuals representing a rich cultural mix and broad functional experience. Matching the candidates' background and interests to your ICP drives the selection of individuals for your project.

IMD Faculty

A member of the IMD Faculty actively directs each MBA team. In their role as Project Director, they contribute to the ICP by:

  • Working with you to develop the project scope
  • Providing keen insights on cutting edge management practices and their Application
  • Guiding project team progress
  • Participating in the pre-set official client presentations typically three per project

ICP Client Resources

In addition to a full-time ICP Program Coordinator, the MBA teams have access to extensive IMD resources including:

  • Faculty and Research expertise
  • Information & Database Facilities
  • Information Technology
  • Campus infrastructure
  • Print Shop services

Contact Us

IMD
MBA Office - ICP
Ch. Bellerive 23
P.O. 915, CH-1001 Lausanne
Switzerland

Contact us

AMPCO Testimonial

Luis Bento, Managing Director of AMPCO, talks about his experiences of working with IMD MBA participants on International Consulting Projects (ICP) over the last 11 years, and the benefits to his company.

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IMD MBA ICP Sponsor

A testimonial from Philippe Felten, CEO of BEA and IMD ICP sponsor.

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Nestlé Professional Testimonial

Camille Ducharme, Nestlé Professional, talks about the 2009 International Consulting Projects

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Scholarship Fund

The IMD MBA Scholarship Fund opens opportunities for talented candidates around the world.

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