University of Wyoming MBA candidates are required to participate in summer experiential learning projects (summer projects) each year as part of the strategic project initiative. Within these projects students address sponsor-defined challenges under the guidance of MBA faculty and present their findings to organizational leaders. Participating companies this past summer included Hess Corporation, Black Hills Corporation, Sinclair Oil Corporation, Cheyenne Regional Medical Center and Home Instead Senior Care.
Steve Farkas, MBA Director, notes that “UW MBA’s Strategic Project Initiative Program aims to provide MBA students with hands-on, cross-functional experience by addressing real business challenges across diverse industry segments. UW MBA students possess the necessary skills, knowledge, and experience to make relevant contributions that translate to strategic action plans for sponsoring firms.”
Students John Lee and Neil Neuberger completed their summer project with Hess Corporation, a company that explores, produces, transports, and refines crude oil and natural gas. The students completed a benchmark study that focused on subsea completions in the Gulf of Mexico. Dual MBA/M.S. Petroleum Engineering candidate Neil Neuberger commented “The summer project was a great way to apply classroom knowledge in a real world situation. Working with Hess, I expanded my knowledge of the offshore energy industry, gained experience in benchmarking and fostered new relationships while still producing a report that was valuable to the Hess executive team.”
The two students traveled to Houston, Texas several times to meet with the company, gather data and finally present their findings to upper level management. “Our project gave us hands on experience and allowed us to travel and network with professionals in the industry. I thoroughly enjoyed meeting the President of Hess, Greg Hill, who is also a University of Wyoming Alumni. Not only were we able to network and visit about the company, but also tell some Wyoming hunting stories,” says Energy Management MBA Candidate John Lee.
The UW MBA summer projects offer great experiences to both the students and sponsors. Interested organizations should submit a project proposal form found on the “Corporate Relationships” link on the MBA website.