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Markelevich uses a step-by-step process to teach his students how to coordinate information from each of the four areas. “For example,” he says, “you need a detailed operations plan to create a budget, and a marketing plan to figure out how much you plan on spending to be included in the budget. This is all before you calculate the projected accounting figures to see if the project is viable or not.”
Vigneshwaran Hariharasubramanian, an MBA student from India and one of Niang Kim’s classmates, says MBA 715 has been a game-changer for him. “It not only helped me refine my idea into a marketable and viable concept,” he says, “but also guided me through the essential steps of creating a successful business.”
Developing integrated solutions
Kim’s goal was to develop a business plan that would “enhance and support Myanmar’s economy through entrepreneurship and technical assistance,” she says. Her plan proposed an online platform for small business owners and entrepreneurs in rural areas, which would provide training, networking, and marketplace opportunities. Funding would come from grants from intergovernmental organizations and international nonprofits, as well as private donors.
“I envisioned generating thousands of new jobs, improving lives, and making a lasting positive impact on my nation’s economic landscape,” she says.
Kim has already been making a positive impact at Suffolk, where she served as a graduate fellow for Suffolk Votes, coaching a team of more than 10 student volunteers as part of the voter registration initiative. She also helped to organize the Center for Community Engagement’s annual Service Day event, collaborating with more than 20 community organizations.
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