Students Gaining Experience Abroad: R. H. Smith School of Business
Written by Susan Taylor Thursday, 30 July 2009 14:40
Smith’s Center for Social Value Creation creates opportunities for students to travel to emerging economies where they benefit from projects that use their business skills to address global challenges. In January 2008, through a partnership with Engineers Without Borders, two MBA students joined a team from the Clark School of Engineering on a journey to Burkina Faso with the dual objectives of installing solar-powered lighting systems in rural villages, and evaluating the possibility of starting a business that used this solar power to provide off-grid energy to rural villagers. The students identified a target market, developed a pricing strategy and helped design a delivery system that was competitive with the current kerosene-based system.

Said Jason Lee of the experience, “My time in Burkina Faso with Engineers Without Borders will forever be remembered as the event that convinced me of the power and potential of applying business principles within the development context.” Engineers without Borders, a non-profit organization that works with disadvantaged communities to improve their quality of life through implementation of environmentally and economically sustainable engineering projects, while developing internationally responsible engineering students. This year, the Center for Social Value Creation is working in Ethiopia to develop a microenterprise in Addis Alem.

Latest articles from Susan Taylor

blog comments powered by Disqus
 
Register Now!

Food for Thought

"Building national competitiveness through the development of human capital is one of the most important factors for building a private sector, completing the transition to a market-oriented economy, and creating an environment that allows for sustainable economic growth."
 
-"Assessment of Graduate Management Education", William Davidson Institute, University of Michigan Business School (2003)