MBA Students Show Blue-Chip Companies how to Innovate and Grow

    - Hult International Business School's MBA Program Offers Students an
    Excellent Opportunity to Impact a Business and Shine in Front of
    Potential Employers.

    BOSTON, April 14 /CNW/ - Hult International Business School
(, the world's first global business school, is
partnering with blue-chip companies to significantly enhance its MBA
curriculum. The new initiative asks student teams to compete to develop a
major innovation for a real corporate client a part of their MBA degree
    Dr Hitendra Patel (,
Professor of Innovation and Growth and a former innovation thought leader at
Monitor Consulting, says, "The market capitalization of many large companies
cannot be explained solely by their current earnings and reasonable organic
growth assumptions. This means that the market is pricing in an expectation
that these companies will innovate their way to higher profits. At Hult, our
students help companies find their most promising growth opportunities."
    Each client corporation is assigned five teams of students. The teams
compete to develop an innovation that will drive the company's revenue to the
next level. They present their proposals and the business case to the
leadership team of the client at the end of the project. Each team is assigned
a mentor, often an experienced strategy consultant. All students participate
in the project before receiving a business degree.
    Dr. Makarand Chipalkatti, Head of Corporate Innovation Management at
Osram Sylvania, one of the participating companies, says, "The winning
proposal detailed a novel business concept in a non-traditional, yet adjacent
market. When you get smart, diverse, business-minded people unimpeded by
conventional thinking looking at your problem, you get very interesting and
fresh outcomes."
    Hult, which started life as the first corporate university in the United
States, places a strong emphasis on delivering a practical business education.
The majority of its faculty has spent years in industry as well as academia.
This ensures that students are taught concrete skills that apply to real
    Dr Patel concludes, "This corporate academic partnership returns enormous
value to companies because they have a lot of clear-eyed talent focused
exclusively on a key issue they face. It also represents a fantastic
opportunity for our business students to leverage the knowledge they have
accumulated over the course of their MBA program
( It reinforces what Hult's MBA school is
all about."

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