Students begin working on their capstone or thesis during the first or second year of their MBA program. Most programs offer a capstone or thesis course with instructors dedicated to helping students complete this culminating project. During this course, students research different MBA capstone project ideas or thesis proposals before presenting them to their instructor. These courses also provide students with the opportunity to network with faculty members to potentially find a capstone or thesis adviser.
Both theses and capstone projects highlight all of the knowledge students have accumulated throughout their undergraduate and graduate education.
Students must use their expert research skills to learn new information and advanced reasoning skills to analyze their findings. Then, they must create a comprehensive project or paper to present to a panel and possibly a major corporation.
MBA thesis papers adhere to a format outlined by the university. Students must present a clear argument, using original research to support their claims. MBA capstone projects vary a bit more, as students can get creative with their delivery. Some programs accept lesson plans as a capstone project. To gather information for capstone projects or MBA thesis topics, students often work in the field at local businesses or corporations. Degree candidates may also consult their coworkers or supervisors for assistance with project research.
What's the Difference Between a Capstone and a Thesis in MBA Programs?
Capstone projects differ from a thesis in several ways. When completing a capstone project, students gather information from various sources. A thesis requires students to create a hypothesis and collect the data themselves. Students conduct surveys, evaluations, and case studies to gather significant data. Theses rely heavily on the scientific method to offer a new perspective on a general problem or issue. Capstone projects explore a problem that is specific to an industry or community. Usually, students complete an internship or practicum to gain practical experience and knowledge.
What is a Capstone Like in MBA Programs?
MBA Capstone Format
Capstone courses typically last either 10 weeks or two semesters, depending on the school's graduate program schedule. MBA students typically take one capstone course that encompasses the principles they explored in their other coursework. These other courses prepare students by covering theories and analysis techniques that they can apply to their capstone project. Before starting their project, students must submit a capstone proposal to their instructor outlining the topic they wish to research. The project usually takes the form of a written paper around 25 pages in length, or as a presentation. Students may work with classmates to finish capstone projects or work by themselves.
Choosing Your MBA Capstone Topic
Before starting a capstone project, students attend a seminar to learn about the capstone requirements. The instructor discusses the capstone proposal and assigns an adviser for the project. Capstone projects require students to work with a faculty adviser to review the work to ensure it meets program requirements. Advisers sign off on the project before the students present it to the instructor. Capstone advisers work within the program or the industry, so they have expert knowledge on relevant topics. The topics covered by students must address a real problem with a viable solution using analytical data, and should align with the student's intended career path.
Completing Your MBA Capstone
Students select a topic for their MBA capstone paper based on a real business issue. The student chooses the setting for their research based on their current workplace or another business they are familiar with. By choosing their own workplace, degree candidates can use their personal experience with the company as part of their research. In the capstone project, students exercise their management skills to create an applicable solution the company can implement. Faculty advisers assist students with the technical aspects of the project, helping learners explore different methodologies and apply them to the topic. The course instructor and the adviser must approve the topic before the student begins research. To perform research, students pull information from authoritative sources, which may include conducting interviews or polls. They often record progress notes in a project journal.
Presenting Your MBA Capstone
Once students finish their project and receive approval from their adviser, they present their capstone to the committee, which can include several people or simply the instructor and adviser. In some programs, a second reader, independent of the adviser and course instructor, also reviews the project. The public does not need to be present for the presentation. Some students choose to use the capstone project as part of their employment portfolio. Although many students decide to write a capstone paper, others choose to present powerpoint presentations and other creative visual aids.
How is an MBA Capstone Graded?
Instructors grade capstone projects based on the grading rubric used by the university. Most universities do not grade capstone projects using a pass/fail system. Instructors follow a detailed rubric and students receive a copy of the rubric before turning in their projects. The rubric tests a student's research skills, knowledge, grammar, and syntax. The committee uses the rubric to give students a letter grade as outlined by university policy. If learners fail the capstone course, they cannot graduate. Students who receive unsatisfactory grades may appeal the grade using the university's appeal process.
What is a Thesis Like in MBA Programs?
MBA Thesis Format
Unlike a capstone course, an MBA thesis requires months or years of original research. Degree candidates begin working on their thesis when they start the program and gradually complete it. A thesis is a multi-page paper that students write individually as a prerequisite for graduating. Some universities require students to enroll in a special thesis seminar or course. Oftentimes, thesis seminars introduce students to faculty members who guide them through the process. Advisers help degree candidates structure their MBA theses. Some universities provide a thesis template that highlights the key sections students must include, such as an abstract and an appendix.
Choosing Your MBA Thesis Topic
An MBA degree prepares students to work in the upper-management areas of a business where they determine policy and create practices that help their company grow financially. Students should network with other degree candidates, entrepreneurs, and business professionals to learn more about business pitfalls and issues in their prospective career field. These connections can give students quality insight into the business community, which helps them select a comprehensive thesis topic. Degree candidates should also network with faculty members because they must choose a faculty member as their thesis adviser. The adviser consults the student's course instructor and approves the thesis topic. Thesis topics explore the current issues business owners face or traditional industry problems.
Completing Your MBA Thesis
An MBA thesis must be an original work that cannot be found in an existing book, journal, or website. Therefore, students must take the time to thoroughly plan their thesis statement and gather the materials for research. Designing a thesis requires a clear understanding of the industry and its issues. Students should select a familiar, relevant topic with information readily available for research. The thesis committee reviews selected topics and gives students final clearance to proceed with their research. While investigating sources for their thesis, learners need to keep a journal to record notes and bibliographical information. Journals prove useful when the adviser or instructor asks for documentation of the student's progress. These notes form the foundation of the thesis, as they provide the content. Students should dedicate time each week to writing their thesis. The adviser will create deadlines for drafts and revisions.
Presenting Your MBA Thesis
Master's degree candidates showcase their hard work at the thesis presentation. The thesis committee typically consists of multiple faculty members, including the course instructor, adviser, and an external reviewer. Some universities give students a presentation outline to follow. First, students present the objective of the research. Next, they talk about the literature and framework they used during their study. Then, students delve into the thesis methodology. This portion of the presentation shows the panel that the student fully understands the scope of the project and implemented the appropriate theories properly. After discussing the methodology, the student presents their findings. They may use graphs, polls, powerpoints, or other devices.
How is an MBA Thesis Graded?
Instructors grade a thesis according to the university's grading guidelines. For example, if the university gives letter grades for written assignments, then a student will receive a letter grade for their MBA thesis. Depending on the program, students may receive a grading rubric. However, the adviser and course instructor work closely with students to let them know thesis requirements. The grade the student earns on their thesis significantly impacts their overall GPA and determines whether or not they can graduate.