UQ MBAs ready for next ‘real life’ US expansion project

140606 lorna janeUQ Business School is looking for Australian companies to work with a team of local and US-based MBA students to develop expansion and implementation plans for growing into the US market.

The Wharton Global Consulting Practicum involves teams of local UQ Business School MBAs working alongside MBA students from The Wharton School at The University of Pennsylvania.

The Practicum is the premier strategic opportunity of the UQ Business School MBA program. It brings together selected UQ Business School and Wharton MBA students in international consulting teams to complete a “real life” US market entry or expansion project for a paying Australasian company.

The most recent Practicum worked with fitness fashion retailer Lorna Jane and manufacturer Australian Tube Mills.

Lorna Jane CEO Bill Clarkson said the Wharton Project gave him a very clear view of the company’s strategy for entry into the Californian market.

“The teams worked well together and the ‘bring alive activities’ were excellent. I have no hesitation in recommending this project to anyone considering entry into the United States market,” he said.

The Wharton Global Consulting Practicum (GCP) was started in 1978 as  an experiential learning program for Wharton MBA students. The  GCP is now offered by leading Business Schools in each region  of the world and in Australasia Wharton’s exclusive GCP partner  is UQ Business School.

Since its inception the GCP program  has added US$400 million in annual sales to clients’ revenues,  representing an average 45-fold return on their investment.

UQ is now seeking nominations for the 2014-2015 Global Consulting Practicum from businesses that may be interested in expanding into the US, or US-based companies looking to understand growth opportunities in Australia. For more information, or to discuss this opportunity further please contact Dr Sarah Kelly, MBA Director on 0408 710 088 or via email at s.kelly@business.uq.edu.au.

Watch the Lorna Jane case Study Video

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Ben Ready founded MBA News in 2014 and is the Managing Editor. He is a former business and finance journalist with Australian Associated Press (AAP) and Dow Jones Newswires in London. Ben completed his MBA in 2012 and was awarded the QUT GMAA Entrepreneurship Prize. He is also the founder and Managing Director of RGC Media & Mktng (rgcmm.com.au).