The Action Learning Project is your opportunity to demonstrate practical knowledge of the business concepts you've learned in your first year as a Rice MBA candidate. As a team, you will examine a selected company's processes and provide in-depth recommendations for necessary improvements. With guidance from faculty and a company liaison, your team will present your findings to senior management.
More than an Internship
Action Learning Projects are part of the curriculum for academic credit, and are conducted with faculty guidance. Because they are performed by teams, their scope can be much broader than that of a typical internship. Also, while interns may receive wages, Action Learning teams receive no consulting fees. The semester-long projects are similar to consulting engagements. Your grade is determined by your team's faculty mentors. Observations from host company liaisons are a crucial component of their evaluations, especially those regarding your final presentation.
A typical Action Learning Project might be the development or distribution of a new product; how to streamline a purchasing process; creating an annual sales forecast procedure; or exploring the capital appropriation process.
Established companies chosen for Action Learning Projects span numerous types of industries, sizes, and functions.
“ I worked with Chloe Dao, The Project Runway winner and owner/designer of Lot 8 Boutique in Houston, to revitalize and streamline her business. While the project was a lot of hard work, it was the perfect way to culminate the first year class experience and put my MBA skills to work in a valuable way. It was also a great experience for my team to provide business solutions to a local small business ”
Rice MBA, Class of 2013