Industry consulting projects
Getting involved in an industry consulting project is a great way to give your studies a practical focus, while earning credit at the same time.
Industry consulting projects involve teams of up to 5 students from various business degree specialisations working with industry partners to solve real business problems which mirrors the kind of work graduates would be doing as business consultants in their professional careers. Projects are diverse and may include:
- Financial tasks such as analysing resourcing, funding, risk, compliance and governance, tax management and business law
- Marketing, both internal and external, business development, strategic planning and communications
- Relationship building with your host organisation and external suppliers and contacts
- Human resources and people management, drafting of policies and OH&S
- Researching, gathering data and making recommendations and presentations to the host organisation
Students work directly with each organisation and are supported by an academic supervisor to complete their project.
Consulting project units run in all semesters throughout the year.
The workload for most projects will be equivalent to 20 days for a 6 credit point unit and 30 days for a 12 credit point unit, though this may vary slightly according to the team, project and organisation.
Join us for an upcoming information session
|Teaching period||Dates||Applications open||Applications close|
|Semester 1||27 February – 26 May 2023||23/10/2022||27/01/2023|
|Semester 2||24 July – 20 October 2023||17/04/2023||23/06/2023|
*Winter, Summer A and Term 1 - Monash sourced Industry Consulting Project units are not offered in these periods.*
|Teaching period||Dates||Applications open||Applications close|
|Semester 1||27 February – 26 May 2023||23/10/2022||10/01/2023|
|Winter||19 June – 14 July 2023||13/03/2023||09/06/2023|
|Semester 2||24 July – 20 October 2023||17/04/2023||14/07/2023|
|Summer A||1 November 2023 – 16 February 2024||21/08/2022||20/10/2023|
|Term 1||1 January 2024 - 29 March 2024||21/08/2023||08/12/2023|
How to apply View
It is your responsibility to ensure that you have available credit points in your course to fit your IE unit. IE units can usually be taken in place of elective or capstone units, or a combination of both.
You will need to provide your updated resume. Please save the file as a Word document and name the file as:
First Name - Last Name - Student ID - Resume.doc
Career Connect can provide you with assistance on writing your resume in workshops and online assistance.
We will use your responses to the Placement Proposal questions below to assess your application and shortlist you. Your responses may also be shared with the host organisation. You’ll notice that the questions may ask for different things depending on whether you are applying for a placement or a project so be mindful you respond to the right part. Please see the questions below with some information on what we need to know:
- Please describe what type of placement you would be interested in and what you hope to achieve? For consulting projects, please describe your ideal organisation and the sort of business problems you would like to solve.
Please consider the sort of organisation you would like to consult for (eg. not-for-profit or community organisation, small to medium enterprise, Big 4) and problems you would like to solve (eg. revenue generation, improving communications, policy and governance)
- Please identify what specific skills you would like to develop during your consulting project or placement and how these will help your professional career.
You will need to provide information on key areas for development and improvement that this consulting project will provide and how these specific skills will apply to your future career (e.g. technical skills, communication skills, teamwork). You could also think about how this experience will help you secure your next role or dream job.
- What personal and professional goals do you hope to achieve as part of your placement or consulting project?
In this section you should be able to provide us with at least two personal and professional goals which will be supported by the consulting project. You might want to think about your personal growth areas or personality traits which could be improved (eg, being more outgoing and speaking up or, for more outgoing types, letting others be heard and encouraging quieter team members to share their thoughts). Be sure to include at least one of each to answer completely and dot points are fine.
- Please explain how the placement or project you hope to gain is relevant to your degree/major and how it will enhance your learning. For consulting project applicants, please also provide information on what sort of skills you can bring to your group from your degree/major.
In this section you will need to describe how the consulting project will relate to your course or major. Given that consulting projects are team based, your group may all have different majors so think about what your background could bring. You could also include valuable insights from your work or volunteer experience.
- Once you have completed the required documents, you can begin your online application.
- To submit your application log into your Monash student placement portal (InPlace) and submit an online IE placement application. For assistance with your online application, see the step-by-step guide.
- Your Placement proposal: Upload your responses to the proposal questions. This will be used to assess your application and match you with the most suitable consulting project.
- Please complete all information requested in the online application form, including the unit you are planning to enrol in.
- Please ensure you upload the document listed in Step 2. Please note: You will need to upload your resume and complete your proposal questions at the same time. See the step-by-step guide for more details.
- You are only able to apply for one unit in any one teaching period. You will need to first select 'onshore' or 'offshore' and then the 'unit code'. You can refer to the table below to help select the right unit.
- You may apply for an onshore unit and an offshore unit, however, applying for more than one opportunity will NOT improve your chance of a successful outcome.
- If you apply for more than one opportunity, one application will be considered and the other application in the same teaching period will be automatically rejected.
|Unit Code||Unit Requirements||Unit Type|
|Undergraduate IE Units|
|BEX3350 / BEX3351||6 CP / 20 Days||Industry Consulting Project|
|BEX3450 / BEX3451||12 CP / 30 Days||Industry Consulting Project|
|Graduate IE Units|
|Unit Code||Unit Requirements||Unit Type|
|BEX5006||6 CP / 20 Days||Industry Consulting Project|
|BEX5112||12 CP / 30 Days||Industry Consulting Project|
What to expect:
- After your application has been submitted, we will send you an application acknowledgement email.
- Your eligibility will be assessed and your application will be checked to ensure we have all the information we need. We’ll contact you if we need further information.
- If you progress to stage two, you will be asked to complete an online video interview as part of the application – to prepare for this, please use the Career Connect Interview Stream tool to access IE application practice interview questions.
- Once matching begins, we will reach out via email to confirm that you are still interested and available to undertake a project. This is to ensure that if your situation changes, you do not disadvantage your group by withdrawing at a later stage. If you confirm that you are still interested and available, the IE team will proceed with matching you to a group.
- The IE Team will then work to find the project which best aligns to the information you have provided in the placement proposal whilst also mixing you up with students from other backgrounds. Due to the volume of applications, this may take a few weeks but we will keep you updated.
- Finally, the IE Team will confirm your project and invite you to a compulsory Induction Session where you meet your teammates, host organisation representative and project supervisor.
Please remember that this is a very competitive process and if you do not respond to communications from the IE Team, you will not be considered for a consulting project.
After the IE Team has completed matching, we’ll get in touch to let you know the final outcome of your application. This may be as late as O-week depending on when you submitted your application and the type of project you are applying for.
We’ll send you a confirmation email with a Placement Agreement attached. You will need to sign and return the Placement Agreement via InPlace to finalise the application process and accept the placement. Once the signed agreement is received your enrolment will be processed and you’ll need to confirm it in WES.
You’ll get access to the relevant Moodle site where you’ll find all the information about your assessment.
In order for you to understand what to expect during your consulting project, you are required to attend an Induction Session, which will cover important information regarding assessment and very useful workplace information.
You will receive details of the session in your placement confirmation email.
Frequently asked questions View
Yes. Depending on the unit you choose, it will be worth 6, 12 or 24 credit points.
This unit is listed as part of the capstone suite of units for those courses that require this type of capstone. Specialist degrees will have a specific mandatory capstone.
Yes, consulting projects normally run in Summer A, Summer B, Semester 1, Winter and Semester 2 throughout the year, with the exception of Winter 2020.
No, it is not possible to apply for both units in the same teaching period. However, if you have enough space in your course you could do a placement in one teaching period and a consulting project in another.
The IE Team uses your proposal questions and video interview responses to understand your preferences as well as your major and unit to match you to a group and project that is available in your teaching period. This is why it is important to put a lot of effort into your application.
Like placements, consulting project applications are a competitive process and success is based on your proposal questions, video interview and projects available. That being said, we have traditionally received fewer project applications which has made it more likely that students will be successful.
There are a number of reasons that host organisations choose to host consulting projects. In some cases, they may not have the required expertise or resources to solve a problem, or they may need a group of students to discover and explain to them what the problem really is. In other cases, they may want an external perspective from someone outside of the organisation who can bring fresh ideas and insights.
Project units include a mix of both individual and group assessments.
For most projects, these meetings usually occur weekly although you are able to contact your supervisor between meetings.
Once the IE Team confirms that you have been successful, you will attend an induction session where you will meet your group and a representative from your host organisation. You will also meet your academic supervisor who will take you through the assessments and how best to succeed in the unit.
Past consulting project examples View
While projects change every semester, below are some examples of projects students have completed in the past.
The organisation is a start-up not-for-profit with an aim to improve employment and life outcomes for young people, especially those in Melbourne's growth corridors which are often lacking in support services. It has planned a suite of programs that encourage young people to take initiative with appropriate support and guidance.
The organisation is currently volunteer run and while it has substantial notional support and goodwill, and is bidding for government grant funding, it currently has no regular or recurrent funding. Key to attracting new funding is the acquisition of Deductible Gift Recipient (DGR) status, which usually requires approval from the Australian Tax Office (ATO). DGR status allows for donations to the organisation to be used as an income tax deduction by donors and introduces additional tax benefits to the organisation’s employees.
The host organisation is a medium sized manufacturer who has identified a gap in the market to sell their existing product in smaller quantities to smaller businesses. Larger manufacturers in their industry have dismissed this market as unprofitable in the past.
The project would begin with a competitor analysis, then a market survey and meetings with industry to establish demand for the new product and identify target market contacts. A business plan will then be developed including a budget profit and loss over time and an analysis of the logistics of operation, and marketing plan to cover pricing, target markets and advertising possibilities. Finally the team will deliver their recommendations to the host on whether or not this idea is profitable.
The organisation is an independent media company with a focus on community service promotion. They are self-funded however revenue is falling and they have proactively identified a need to build capital to sustain the business. Their vision is to grow into a true knowledge hub, using platforms of podcasts, radio, TV, online, e-news, conferences, training, workshops and a website portal.
The project will involve building a cohesive communications strategy that serves this transition. This communication strategy should include the analysis of the host’s target audiences, key messaging and recommended channels to ensure continuous, relevant and timely communications to all our stakeholders. The strategy will also identify target markets and market segments, analyse the current audience and clarify the value proposition of the organisation, and the most cost-effective and sustainable products and services that connect with the target market.
The host is a registered charity managed by a community based board of directors. Their vision is to preserve and publicly display memorabilia and to work with youth developing knowledge in the maritime history area.
The aim of this project is to iInvestigate the advantages of social media in promoting and developing the host’s vision, develop an understanding of the current capability of the organisation and identify their target audience. Furthermore, the team will identify the best Social Media opportunities available to promote the host’s activity with a view to building interest and membership, identify where grants may be available to support Social Media Development and finally share recommendations on a system to monitor the effectiveness of Social Media use.