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Mentors, students and business people who participate in BASIC, smiling together for a photo

BASIC: Business Academic Societal Impact Collaboration

Program Overview

  • BASIC connects companies with Monmouth University’s Leon Hess Business School for high-impact projects completed by student teams with faculty advisors.
  • Real-World Solutions: Students tackle business challenges and deliver practical, implementation-ready outcomes.
  • Collaborative Approach: External corporate leaders work with university faculty and students for innovative, commercially valuable results.

How It Works

  • Address Lower-Priority Problems: Managers often lack time and resources for issues that still impact the bottom line.
  • Fully Managed Solution: A dedicated team scopes your project and delivers results quickly and economically.
  • Provide an economical, high-impact option for problems too small for large consulting firms.
  • Offer short, focused projects typically lasting 8–12 weeks at a cost of about $5–10K.
  • Use student-faculty teams that deliver results with minimal time and oversight needed from your management.