A capstone project is a semester-long for-credit project that you undertake along with your core business classes and chosen electives. Designed to help you synthesize your classroom knowledge about business and global issues, capstone projects are opportunities to apply your business skills to serve a real-world client. They range from a consulting project with a live client to a months-long assignment in an emerging market or developing country.
International Business Practicum Consulting Project
The International Business Plan capstone is for 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.
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 two- to 12-month fellowship.
To choose the fellowship program for your capstone requirement, you must first apply for admission to the program and then complete the fieldwork, including an impact research report.