For the past 12 years, India Lab has provided students with an incredible opportunity to learn about India's economy by working closely with Indian companies to solve their most pressing business challenges. Students partner with companies from a wide variety of industries, including:
India Lab combines traditional classroom learning with intensive real-world experience, providing students with a singular opportunity to hone their business skills in an international setting. Through a four-month project, students work with host companies to help fix their most pressing business problems. Each India Lab team is typically composed of four MIT Sloan MBA, MBAn, MFin, and MSMS students who have a wide range of backgrounds and expertise.
In a typical spring, team projects would kick off in February with remote work and then students would spend an intensive, on-site work period at the host companies' offices during two weeks in late March. Following a second remote work period focused on research, data, and analysis, teams would formally present their conclusions to host companies’ senior management in early May, including written reports, recommendations and data detailing their analyses. Due to COVID-19, students will be working remotely with their host companies from mid-February to mid-May, while still gaining an invaluable experience from their project work and host company interactions.
India Lab teams have developed internationalization strategies, new market entry analyses, domestic and foreign capital-raising strategies, sales and marketing strategies, organizational structure plans, commercialization recommendations, and competitive landscape assessments.
Students interested in India Lab can start bidding for the course in early December, 2020. Those accepted into the course can learn about and bid on projects in February.
Project bidding and team formation. Project scoping, hypothesis development, research, and completion of interim research report.
Being a host organization for India Lab is an exciting opportunity to work with MIT Sloan students on significant business challenges in a wide variety of industries. Collaborating with a student teams allows companies to:
Explore an opportunity that does not fit easily into the day-to-day work flow of current employees, and requires creative, long-term thinking.
Provide a new perspective on the host's strategic thinking or organizational model.
Analyze the implications of new global technology or market trends for an existing business.
Assess whether global expansion is necessary or valuable given the host's assets and capabilities.