The First-Year Project course (FYP) offers all Tuck students the opportunity to apply classroom learning to complex business challenges for real clients. Under the guidance of a faculty advisor, students develop practical business skills, and our clients—which range from early-stage startups to nonprofits to global industry leaders—gain insights from students who are studying at one of the world’s leading business schools.
FYP faculty advisors ensure that each student team works on key project management skills, such as defining the key question, developing an issue tree, and story boarding. The projects are completed over the course of 10 weeks, and time management is one important component to client satisfaction.
FYPs draw upon all of the general business knowledge that first-year students learned during their fall and winter terms at Tuck. Among the core courses that are most heavily used are Marketing, Managerial Communications, Strategy, and Micro Economics.
The FYP can also provide many students with an opportunity to tailor the curriculum to their own interests and career goals. For example, a team could develop a business plan for an entrepreneurial venture they want to pursue after graduation. Or a team might pursue interests in real estate, sustainable business, healthcare, or other fields by creating a project in that area. Some projects lead directly to summer internships or permanent jobs.
Starting with the Tuck Class of 2017, some FYPs may serve to satisfy the TuckGO global immersion requirement. To satisfy the requirement, significant travel must occur outside the U.S. for students of U.S. origin. For international students, a U.S.-based project that broadens their knowledge of business in the U.S. could also qualify.
Designated First-Year Projects – FYPGO – allow first-year students to fulfill their global graduation requirement by immersion in a culture new to them through intense, real world business analysis based on the client’s need, and five days of travel to work onsite with the client. The client and required travel are traditionally outside the US, but project work and travel may be with a US based client. FYPGO teams begin working on their project in the winter term, travel during the March break, and then resume work on the project for the remainder of the spring term, following the course syllabus for the full FYP course.
New in 2018, participating in an FYPGO course will earn minicourse credit for those students using the course to fulfill their global requirement. Deliverables intended to support the learning objectives of the global requirement – developing aptitudes to lead across cultures – will be required.
The eFYP uses hypothesis-driven principles to identify the assumptions behind the business idea generated in the Entrepreneurial Thinking class and to begin to test and refine these assumptions in the real world. The goal here is to build a tested and viable business model from the initial idea.
Learn more about a global First-Year Project with Irving Oil where a team of Tuck students evaluated the company’s expansion into the electric vehicle market and, specifically, how the company might best position itself to be a market leader in the implementation of electrical vehicle charging stations at its retail sites. The team traveled to both Saint John, New Brunswick and Oslo, Norway to learn more about EV disruption and meet with clients in country.