SBI Program Gives MBA Students Real World Experience
December 29, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
For many students who pursue MBA degrees, participation in the Small Business Institute (SBI) program can be a great way to acquire real-world business experience as well as education.
According to the Small Business Institute Directors Association, the SBI program was founded in 1972 and was federally funded by the Small Business Administration. The program became non-federally funded in 2006 and over 100 educational institutions continue to participate in it.
Some 500 higher education institutions have participated in the program during its history.
SBI matches MBA students with area companies that need help with business plans and other entrepreneurial efforts. The teams serve in a consulting role under faculty supervision and offer specific solutions that are tailored to whatever issues may be confronting a participating company.
The matchup is often a win-win situation since it provides the businesses with valuable advice and thoroughly thought-out marketing plans, while the students gain more insight into their chosen career paths.
The Small Business Institute is just one of many ways nationwide that MBA students can make their education more fun and interesting, as well as informative.
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Related Article Topics: Business News | Management
