Purchasing/Investment Recommendations
General
- Undergraduate; 3rd year
- 25 learners; teams of 3
- 5 hours per learner
- Dates set by experience
- Learners self-assign
Preferred companies
- 1/1 project matches
- Anywhere
- Academic experience
- Any
- Any industries
Categories
Skills
Project timeline
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November 11, 2019Experience start
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November 12, 2019Project Initial Meeting
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December 15, 2019Experience end
Timeline
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November 11, 2019Experience start
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November 12, 2019Project Initial Meeting
Meeting between students and company to confirm: project scope, communication styles, and important dates.
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December 15, 2019Experience end
Overview
- Details
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Are you planning for an investment or major purchase? In this assignment, our student-consultants will help you to evaluate the investment. By using financial techniques and spreadsheet calculations, students will show you if the return (in dollars) is greater than your project’s initial investment amount, and you can decide if you should go ahead with the investment /purchase.
- Learner skills
- Writing, Business services, Business consulting, Data analysis
- Deliverables
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Students will present a report which includes, but is not limited to:
- A brief description of your project and requirements
- The data / figures your company provided
- Brief explanation of the evaluation method used
- Spreadsheet calculations
- Explanation of results
- Recommendation based on their evaluation results
Project Examples
Students will work with you to determine the project's initial investment amount, the benefits (tangible or intangible), project length (years or months), your expected return rate, etc. Depending on the size of your project, a few or a group of student will be assigned to handle your case.
Project examples include, but are not limited to:
- Recommendations for purchase of new machines to replace old ones
- Calculation of cost savings of new machines, software or system
- Recommendations for choosing between different options / equipment
- Determining the costs and benefits of new investment projects
Additional company criteria
Companies must answer the following questions to submit a match request to this experience:
Provide a dedicated contact who is available to answer periodic emails or phone calls over the duration of the project to address students' questions.
Be available for a quick phone call with the instructor to initiate your relationship and confirm your scope is an appropriate fit for the course.