Social Impact Project
The Social Impact Project is a five-week project during the second year of the Master’s in Management program. It offers students the opportunity to serve as an economic or management consultant for an organization with specific social impact objectives, such as a non-profit organization, a CSR department, a social entrepreneurship venture, or a social impact project of a for-profit organization.
As consultants in such projects, MIM students are expected to apply the tools from courses such as management science, economics, finance, marketing, strategy and organizational behavior to guide the decision-making process and increase the likelihood of achieving the desired social impact.
During the project, students develop skills such as leadership, problem-solving, and project management, which are difficult to acquire without guided practice. Unique to ESMT, MIM students are required to use these skills to benefit society as a whole, which is a cornerstone of ESMT’s mission. The Social Impact Project is therefore applied fieldwork with the goal of developing well-rounded, socially conscious graduates.
Students are welcome to travel to the project destinations to gain onsite experience and consult directly with the social ventures.
Examples of recent MIM Social Impact Projects
- Bean Voyage, Costa Rica - Optimizing operations and marketing processes for a coffee distribution startup
- DHL, India - Identifying opportunities to foster the collaboration between DHL and SOS Children Villages
- UNDP, Uganda - Finding innovative solutions to make Uganda Tourism Ecosystem Platform (UTEP) financially sustainable in the mid- and long term
- UNIDO, Ecuador - Market research project about fruit extraction and production
- United Nations, Paraguay - Improving the sustainability of cotton farming by preserving the national culture
- Audi AG, Germany - Analyzing the strategy of future sustainability and development projects at Audi
- Deloitte, Germany - Assessing social innovation programs at Deloitte
- Lotus Fund, Vietnam - Impact assessment project for social startup investments
- MicroEnergy, Peru - Project improving the value chain of mini-grids in rural areas
- OECD - Measuring the cost of inaction in developing countries
- PwC, Athens - Using the success factors of Berlin start-ups to help grow the Greek entrepreneurship scene
- United Nations, Kenya - Evaluating a current UN Habitat with the goal of improving living conditions in South Sudan