Students in Action
INCAE’s Strachan Department promotes projects with a social purpose in order for students to contribute and engage in social initiatives. It also supports nonprofit organizations (e.g., NGOs and foundations) facing administrative challenges and lacking the resources to afford consulting services
Management Consulting Project (MCP)
In 2016, for the first time since its inception, the Strachan Department supported three MCPs at Central American NGOs. An MCP involves an administrative consulting service provided by a group of five MBA students to a Central American NGO or Foundation. The MCP process starts with an initial preparation at INCAE’s Campus over the months of January and February, followed by the project execution over a nine-week period, with students moving to the organization’s site and working there full time. The successful completion of the MCP stands as a prerequisite for graduation.
MCPs are high-value added initiatives, with consulting teams contributing their knowledge to secure solutions that add value to the companies or organizations involved. To guarantee an excellent experience for all parties, consulting teams are closely overseen by a Leadership Team consisting of INCAE faculty members.
The MCP application process starts in August and September every year, when Central American NGOs are invited to complete an application form. To select consulting projects, the following criteria are considered: 1. Organizations’ social impact; 2. The potential impact of the consulting services in organizations, and 3. The challenge posed by the consulting service for INCAE students.
Once the NGOs that will receive consulting services have been selected according to the aforementioned criteria, MBA students are invited to apply for the consulting projects of their choice. Students’ groups are assessed on the basis of their academic excellence, their professional profile and experience, and their commitment to and interest in civil society organizations. Two to three consulting assignments are selected.
The consulting assignments are carried out from March through May, the year after the application process.