Babcock International Consulting Program
A recent addition to the Babcock School, the student-run Babcock International Consulting Program works to share the expertise of Babcock students with emerging businesses in developing countries.
In December 2006, a small team of Babcock students traveled to Nicaragua to conduct preliminary research and identify opportunities to help the Missionary Ventures International Vocational School develop a sustainable business model. After consulting with community members and students, the Babcock team suggested a new business model for the MVI School that focused on selling hand-crafted metal products made by its students. Revenue from the sales of these products will supply real wages to students and graduates who have few economic opportunities and also help fund the school to advance its mission of educating a labor force. Both the MVI School and the Babcock student team will work to sell the products through various distribution channels to local and international markets.
After the Babcock student team returned home, the project continued to grow as input from students, faculty and external organizations increased. A group of 18 Babcock students and faculty returned to Nicaragua in March 2007 to conduct a seminar for area business owners and to implement the marketing, operations and accounting components of the MVI school’s new business model.
Read more about this topic: Babcock Graduate School Of Management
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