Students will be required to undertake one of four comprehensive capstone projects depending upon their desired business interest or MBA concentration if applicable. Your choice will be discussed and finalized in this week's threaded discussion.1. A fully developed business plan for a new venture of your choice, and if appropriate, has the opportunity to present the plan to venture capitalists or financial institutions for funding.
A business plan outline is available as reference in the course
; all aspects of the plan must be addressed as fully as possible.2. A fully developed proposal either in response to an identified Request for Proposal (RFP) or an idea you have chosen for your organization, team, or within another designated organization. Our hope in this case is that you could present this proposal to a senior leader in your organization, and at the very least it will be submitted to your Faculty Mentor at the University for grading.
A proposal outline is available for reference in the course.
All aspects of the proposal must be addressed as fully as possible.3. A fully developed project that has been approved by your Faculty Mentor. This project would be comparable in scope and scale to the Business Plan or Proposal above. Such a project can focus on a concentration-specific topic, or, involve more than one business concentration. As all Capstone projects ought to be, any project in this category must have an innovative component and should be well supported by validated research and references.4. Through the pre-approval of the Faculty Mentor and the Graduate Chair of Business, the student may undertake an internship
or some such intensive involvement with an organizationwhich allows the student a
focused assignment, which can then be written up and turned in as the Capstone Project. This assignment within an organization must have a direct correlation with the student’s academic concentration(s), and evidenced within the resulting paper. If the student undertakes this effort, an external mentor (a volunteer from the company) must provide guidance and input to the student’s efforts in concert with the Faculty Mentor.
The deliverable this week is a three-to-four paragraph summary of your project concept.1) In the first paragraph, state which of the four project options you have chosen for your capstone and explain your rationale for this choice--i.e., what motivated you to select this option?2) Next, summarize your project. For example, if you have chosen to write a business plan, name and characterize your business by describing its primary products and services. How will this business create value for its stakeholders? If you have chosen to participate in an internship, name the organization with which you will be working and describe the role you will play as an intern. How will you create value for the organization's stakeholders?3) Finally, discuss ways this project will allow you to integrate knowledge gained in your MBA program. Mention specific courses you have taken and your intention for applying knowledge gained from these courses.