Are you planning to do (more) business in other countries? Would you like to explore the business opportunities of markets abroad? Let students from the Master Business Administration help you out.
✅ Key features of the challenge
Programme: Master Business Administration | International Management Track
Students per team: 4-5 students.
No. of hours spent per team: 150 hours
Duration: November - December
Supervision: Student teams are jointly supervised by lecturers at Vrije Universiteit Amsterdam and a contact person at the company.
Deliverables: Report with recommendations and presentations.
Company time investment: 8-12 hours
Matching fee (only when matched to one or more teams):
For-profit organizations: €950,- (ex tax, charged by Master Challenge (NOT the university)).
Non-profit organisations / NGO's / Overheidsorganisaties / Onderwijsinstellingen: free of charge
📑 Challenge Examples
The main deliverables are a practically relevant advisory report and a presentation containing recommendations for your challenge. Considering the unique characteristics of international markets, e.g., in terms of culture, institutions, infrastructure and competition, students can (non-comprehensive) ...
Assess different international markets for their potential and risks in a data-driven way
Analyze the organization's fit with the international markets (or specific market segments)
Conduct a stakeholder analysis for the international markets of interest
Conduct primary research to understand customers' attitudes to your products and services
Develop a market entry strategy
Develop a strategy for the phase after market entry
Identity potential business partners in the foreign country
Develop a strategic roadmap for establishing operations in the international markets
Devise a marketing plan for the international markets
Below you can find a (non-comprehensive) list of regions or countries that could be particularly interesting as destinations for or origins of companies participating in the challenge:
Southeast Asia
Central Asia
Latin America & Caribbean
Sub-Saharan Africa
Middle East & North Africa
Central & Eastern Europe
Questions? Want to discuss your challenge before submitting one? Schedule a call here.
🏢 Company requirement
Any company/organization from any industry can apply.
💰 Costs
To help facilitate this challenge a matching fee applies (charged by Master Challenge and NOT the university).
For-profit organizations: €950,- (ex tax, charged by Master Challenge (NOT the university)).
Non-profit organisations / NGO's / Overheidsorganisaties / Onderwijsinstellingen: free of charge
❗️You will only be charged when matched to a team.
📨 How to apply
You can submit the challenge directly through the website. Provide a title that summarises the challenge. Subsequently, briefly elaborate on your challenge. See link for a template you could use: https://link.masterchallenge.me/challenge-template or use the challenge generator: https://masterchallenge.me/challenge-generator
🗓 Planning
September 15: Deadline for submitting your challenge
September 15: Receiving message if your challenge is approved by the Course Coordinator at Vrije Universiteit Amsterdam
October 19-23: Matching phase
October 26: Our matching algorithm will create optimal matches
October 28-November 3: Kick-off meeting with your team
Early-mid December: Receive the final advisory report
December 16 (or later): Final presentations
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