Middlebury Institute of International Studies at Monterey

A capstone project is a semester-long, for-credit project that you undertake along with your core business classes and chosen electives. They range from a consulting project with a live client to a months-long assignment in an emerging market or developing country.

Capstones Categories

International Business Plan

The International Business Plan capstone is typically of interest to students interested in start-ups, small businesses, or Fortune 500 companies expanding into new markets.

In this capstone, teams of students organize to evaluate business opportunities and recommend strategic plans to client companies. You’ll develop a business plan for a start-up seeking venture capital, a small business scaling operations, or an established business expanding to new markets or pivoting in a new direction. Under guidance of experienced faculty and representatives of the sponsoring company, your team will identify resources and opportunities, integrate your understanding of business principles, and confront a variety of practical problems. The business plan includes components such as:

  • International market evaluation
  • Foreign market entry strategy and implementation
  • Analysis of sustainable business practices
  • Value chain management analysis
  • Investment analysis
  • Globalization and localization strategies
  • Product modification

By the end of the semester, your team will produce a detailed written business plan and multimedia presentation. The final presentation to the sponsoring company management team and program faculty synthesizes the results of teamwork, communication and innovative thinking.

Frontier Market Scouts Fellowship and Research Project

Middlebury Institute’s Frontier Market Scouts program selects and trains professionals seeking careers in social enterprise management and impact investing. The program consists of a two-week certificate training followed by a 2-12 month fellowship.

To choose the Frontier Market Scouts fellowship program for your capstone, you must first apply for admission to the Certificate in Social Enterprise Management and Impact Investing and fellowship and then complete the six-credit research project.

Recipient of the 2013 Ashoka-Cordes Innovation Award in Social Entrepreneurship Education, the Frontier Market Scouts program is a marquee program of the Institute’s Center for Social Impact Learning. The program attracts hundreds of applications every year from students and young professionals from all over the world. To date, it has graduated more than 250 fellows, placing more than a half of them in more than 80 social enterprises and impact investment firms across 28 countries spanning five continents.

Impact Management Consulting Capstone

The Impact Management Consulting capstone organizes a team of students to provide consultancy services to a client organization needing resilient business solutions to manage its social and environmental responsibility, the risks associated with the emerging global problems, or both.

Leveraging the core competencies of its sister programs at Middlebury Institute in environmental policy, trade and economic diplomacy, international development, and international security, this capstone gives you valuable experience in integrating non-conventional business knowledge and tools with business fundamentals so you can deliver high-value consulting services to a client organization.

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