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IDEAcorps MBA Consulting Challenge

Ideacorps logo and sponsor header

The IDEAcorps MBA Consulting Challenge is an immersive event that gives MBA students the opportunity to apply their knowledge and skills helping small and/or early-stage New Orleans businesses averaging $500K-$1.5K revenue to develop a robust “scale-up” strategy. Ten teams from across the country will be paired with companies representing a diverse population of founders working in industries ranging from tech to retail.

Working remotely October - December, 2022 you will meet with your company to understand their current business, explore ways to scale it and create a unique scale-up plan. During this time you will be given asynchronous instruction in best-in-class consulting techniques, understanding minority business challenges and scaling best-practices. In January 2023, you will come to New Orleans to enjoy a tour of some of the city's innovation centers, engage in a networking event with 100+ leading employers and culminate in a pitch competition.

MBA students pitching at IDEAcorps

Program Dates:

  • Sept. 30, 2022 - Application Deadline - APPLY NOW
  • Oct. 17 - Dec. 16, 2022 - Remote Consulting
  • Jan. 9 - 12, 2023 - New Orleans Fun & Pitch

Teams:

  • Total number of teams: 10
  • Team composition: No more than 5, no less than 4 members per team
  • Fee per team: $2,000

Why IDEAcorps?

  • Work with a real company, not a hypothetical one
  • Fully engage in an immersive experiential learning opportunity 
  • Learn consulting skills that can be used in scale - up development, corporate innovation initiatives, and consulting projects 
  • Tour New Orleans Innovation Centers
  • Meeting 100+ employers
  • Connect with the New Orleans entrepreneurial ecosystem
  • Enjoy New Orleans music, food and weather over winter break!

TEAM LEADERS - CLICK HERE TO APPLY NOW!

APPLY BY SEPTEMBER 30, 2022. IDEAcorps team leaders are responsible for recruiting their IDEAcorps team (up to 5 members). The ideal team draws together members from diverse backgrounds and skill sets for the greatest competitive advantage. A faculty advisor is recommended for each team. Teams will be asked to provide a consulting profile with a general description of their ideal type of founding entrepreneur and/or company with which they prefer to work.

FOR MORE INFORMATION:
Bara Watts, Executive Director of Entrepreneurship: bawatts@loyno.edu

Sam McCabe, Assistant Director of Entrepreneurship: gsmccabe@loyno.edu

a collage of photos of New Orleans

Program Breakdown:

Monday, October 17 - Friday, December 16, 2022 

  • Virtual real world consulting with New Orleans companies to develop a scale-up strategy
  • Asynchronous instruction on best-in-class consulting, minority business development and scaleup strategies.

Monday January 9, 2023

  • 9:00am -2:00 pm Arrive/ Checking
  • 2:00 - 5:30 Team & Company meet 
  • 5:30 - 6:00 Bus to dinner
  • 6:00 - 8:00 Dinner

Tuesday January 10, 2023

Wednesday January 11, 2023

Thursday January 12, 2023

  • 7:30 - 8:30am - Hotel Buffet, Goodbye Breakfast

a collage of photos of New Orleans