MBA students find business solutions
Business students from Monash University are using their study time to help solve business and management challenges faced by community and non-government organisations (NGOs).
As part of the University’s Master of Business Administration (MBA), students are required to undertake community corporate projects with MBA students from other business schools around the world.
MBA Director Associate Professor Amanda Pyman said the community corporate project component allowed the students to apply the analytical skills they had learnt throughout the degree in a real workplace situation as well as assist the NGO’s find business solutions to difficult issues.
“Traditional management skills are no longer enough. To truly make a difference, corporate leaders must also have a deep understanding of their social responsibility and the impact this has on their business,” Associate Professor Pyman said.
“The community corporate projects provide the students with core consultancy and investigative skills, as well as an opportunity to explore in-depth a real business or management problem in the not-for-profit or community sector.
“The project therefore provides the students with a valuable and unique opportunity to apply academic knowledge to professional management and business practice and make a valuable contribution to the sector.”
Monash MBA student Ashish Sharma and his fellow team members Anna Baggaley and Dr Liadi Mudashiru from the Newcastle University Business School (UK) worked with the management team at SIDS and Kids Australia to improve the operational and financial position of the charity’s online store.
Read the full story at the Monash website here.