How does the “Future Leaders Fundraising Challenge” work?
The “Future Leaders Fundraising Challenge” is a 5-day leadership course that takes place at the beginning of the MBA program. The students work in teams of 4-5 students, accompanied by an MBA alumni mentor, and they face a new real-life challenge each day.
For every challenge, one student has to lead, the other 3-4 students work as team members. Thus over the course of the week, each student steps up as a leader once. The students select their leader on the morning of each challenge, and they sit together in the afternoon, once the challenge is over, to first individually reflect on the leadership and team process, and then, moderated by their mentor, to collectively discuss the learnings of the day in order to improve leadership and team dynamics.
The challenges feature core topics of the MBA program: product development, marketing, strategy, negotiations, and logistics/product distribution. All challenges are extremely demanding: students work under enormous time pressure, in fierce competition with the remaining student teams, and with team members that have diverse experiences, strong characters and various cultural backgrounds. The students receive input in the morning of each challenge from a subject matter expert, and they are judged by a panel of experts on their performance in the evening. Each day, one team wins the challenge.
The challenges all serve to support the work of Save the Children, a leading children’s rights organization. As part of their challenges, the students create concepts or raise funds for Save the Children.