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About the Ivey
Consulting Project (ICP)
The Ivey Consulting
Project (ICP) is the largest and longest-running
client field program of its kind in Canada and
since the early 1950s students from the Richard
Ivey School of Business have consulted to more
than 3,800 companies around the world.
As part of
Ivey’s core requirements, over the course of ten
months each year, approximately 75 teams of 5 to
6 students partner with a company to study a
cross-enterprise issue, problem or opportunity
of operational, organizational or strategic
significance to their business. Students apply
and integrate the knowledge and skills acquired
throughout the program to further develop their
analytical, team and project management skills.
Each team is
assigned a faculty supervisor and an
Executive-in-Residence (Mentor) and has access
to multidisciplinary faculty members to both
guide and evaluate their projects. At the
conclusion of the study, students thoroughly
understand the company and its industry and make
a final report to the organization's senior
management team with the research findings and
recommendations for senior management on how to
address the particular challenge involved.
The ICP has
two primary goals:
- to assist
companies and organizations with issues of
real significance
- to provide
students with an exceptional
cross-enterprise learning experience
The ICP helps
students develop global business capabilities by
allowing them to move beyond the business
knowledge they acquire in the classroom and work
with real managers facing real problems in real
time. It also allows students, who are groomed
to analyze businesses as a whole, to integrate
business disciplines and turn ideas into action.
The ICP allows
companies to receive professional consulting
services from students with a variety of
business skill sets. Because Ivey is one of the
best business schools in the world, these
students have the latest tools, techniques and
theories at their fingertips. They receive the
support and supervision of top industry experts
(Ivey faculty and Executives-in-Residence). This
program is a high priority at Ivey. Companies
are treated with the utmost professionalism and
students receive immediate assistance with their
projects.
The ICP is one of two project programs along
with the New Venture Project available to Masters (MBA)
and Undergraduate (HBA2) business students at Ivey.
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