Frequently Asked Questions
We have designed the service to be as complete and instructive as possible however sometimes you just want to know more. We have listed below some of the most common questions that we get asked and hope that if you have any other questions then you will call us on the phone or write an email. As always, MBA & Company wants to provide you with the answers you are looking for.
When did MBA & Company start?
MBA & Company was founded in 2009 and quickly emerged as one of the leading start-ups in Europe with the potential to change the way the world works.
Why was MBA & Company created?
MBA & Company was created in order to help companies gain access to top tier talent in the most effective manner possible. It was felt the traditional consultancy, research or outsourcing of complex project work was inefficient, expensive, inaccessible and out of date.
MBA & Company is built on the idea that all of these disadvantages can be eliminated through the our marketplace of highly skilled independent professional consultants as well as a support team to help you immediately set up and get your project underway.
To-date, we have been proven right and will continue to work on maintaining this record.
What is our mission?
Our mission is to ensure that every business in the world regardless of industry, market or size has the ability to have work done by one of the world’s leading independent consultants.
Our mission is to ensure that both parties transacting through our marketplace can maintain maximise the benefits of their relationships and go on to grow better, faster and stronger than previously possible.
Our mission is to act responsibly, ethically and professionally in every action that we take.
How is MBA & Company financed?
Despite being launched in the heat of a global recession, MBA & Company was quickly able to find some significant financial backers through several of Europe’s leading Venture Capital funds.
Today, the business’ board is comprised of representatives from funds such as FINAVES (the investment arm of IESE Business School), Cabiedes & Partners, MMC Ventures and Piton Capital.
The business is chaired by Dr. David Kelly, who was formerly COO of Ebay.com, Lastminute.com and Amazon.com
How does MBA & Company earn revenue?
MBA & Company's primary source of revenue is a commission charged on the total value of the project or placement. The total cost of the project varies depending of the size and scope of the client's requirements as well as the selected professional who delivers the work.
Where is MBA & Company based?
MBA & Company has physical offices in London and in Spain with a base in New York as well.
However, the breadth of our marketplace is vast and as such delivers solutions all over the world with projects in more than 50 countries likely to be taking place at any one time.
We would love to hear about any projects that you have and explain how we could help so please feel free to contact us on firstname.lastname@example.org
Is my project applicable?
MBA & Company is designed to help your business gain access to the top 1% of professionals worldwide and as such works across projects of every size and all industries. The smallest project so far delivered through the platform was 2 hours of work whilst the largest so far continues at over 2 years using a global team of consultants.
Our projects however are typically based around strategic research, subject matter analysis, business development, marketing (online or offline), financial analysis and operational or organisational improvement.
We want to make sure that you get the best solution available in the market and as such if you are looking for an IT programmer, developer or website designer then we are not the best platform to use.
However if you give us a call then we would be happy to recommend some and once the technical development is finished we would be delighted to help you to grow your business further and improve the bottom line.
How does charging and payment work?
The final cost will depend on 2 key points:
- The size of the project
- The professional you select to complete the project
After you have posted your project online, you will receive a call from your client manager who will help to clarify the potential scope of the project and what you really want to receive at the end of the project.
After this, you will begin to receive applications from relevant and well matched professionals from which you can create a shortlist of preferred candidates. Each professional shortlisted will then provide an outline of their recommended methodology, milestones and timeline. This will also include a complete price for the project based on a final deliverable.
If the assignment is a time based assignment, for example where you require to work onsite with you for 10 days – you will receive a clear day rate price for the consultant.
All payments are made via MBA & Company and can be made through a number of mechanisms such as credit card or bank transfers.
Payment is released to the consultant after each milestone of the project has been approved however throughout the project duration the funds are held in a secure client account by MBA & Company.
Who are the independent professionals that make up your network?
Our network is comprised of over 15,000 independent professionals to-date in over a 100 countries. We believe that our consultants are a strong representative of the top 1% of professionals worldwide and embody the best of independent consultants around the world.
All of our consultants will have multiple years of professional experience and a post graduate degree such as an MBA, PhD, MSc from a world leading academic institution like Harvard, Insead or London Business School.
We believe that it is this unique blend of commercial and academic excellence that will ensure the companies using our marketplace will receive the best results available.
Our consultants can range from those with several years of experience to over 40 years and as such we can provide every level of seniority that you may require. The majority of our members are those who have already achieved a high level of corporate success or worked at the world’s leading consultancies.
As such, they have made a decisive choice to work as an independent professional and provide exactly the same level of service to their clients but at great value rates that do not include all of the corporate overheads whilst also having greater control over the projects they work on.
Can you provide professionals to work onsite as well as on remote projects?
Yes – our members are equally able to work onsite with your project team as well as on remote. This selection will be filtered into the shortlisting criteria and we will ensure that you only receive applicants capable of meeting those requirements.
How can we be sure of receiving quality work?
Projects delivered through MBA & Company’s marketplace have over a 99% success rate and this continues to improve.
Our role within the process is to make sure that throughout the whole process everything works as smoothly as possible.
We try to guarantee the success of every project through a number of measures such as having a minimum level of professional and academic achievement in order to be applicable to the network as well as an account manager to screen each of the candidate to your project and ensure that only those with direct industry, market and functional experience make it to the final round.
We also have a built-in milestone system that ensures you are able to approve each phase of the work so that it is up to your expectations before moving on to the next step of the project. Should at any stage you have any questions or concerns about the project these can be raised with your account manager the issue will be immediately dealt with.
Finally, we have a strict feedback loop where you are asked to rate your consultant at the end of each project. If the professional averages a rating of below 3.5 out of 5 across a range of factors, remove them from the network.
Why should we use you over our in-house resources?
MBA & Company’s marketplace is designed to help your business. Our only goal is to enable you to get the results that you need to help you grow.
There are often times where in-house resources are limited and an exciting project idea may be left unattended or need additional brainpower. Perhaps you have projects requiring a professional with specialist knowledge or local market expertise. MBA & Company’s marketplace is designed to work with you in each of these areas and provide the resources to complement – not replace – your existing structure.
Plus we provide a fully account managed service to ensure that your own in-house resources can focus on what is important and the platform just delivers the solution you need without any hassle.
Do you need to pay to join the network?
No - MBA & Company is a free platform to register with.
Why is the academic institution where I did my post-graduate studies not listed?
MBA & Company has compiled its list of academic institutions from a blend of the world’s leading rankings such as the Financial Times, Bloomberg BusinessWeek, The Economist and Forbes. We have also taken into consideration those business schools with accredited qualifications by governing bodies like AMBA or Equis.
We appreciate that this list is not exhaustive and should you wish for your school to be included then please ask your careers service to contact email@example.com and we will review the matter.
What criteria do you need to be able to register?
MBA & Company is a global marketplace designed to assist the top 1% of independent professionals worldwide find exciting opportunities.
In order to register with the service, members need to have a postgraduate degree such as an MBA, MSc or PhD from a world leading academic institution as well as a proven track record of professional achievement.
Each consultant will be reviewed throughout the project application process as well as having their credentials checked with any variances in credibility resulting in removal from the network.
Through registering with the network, you will be joining an elite selection of like minded professionals who understand that the way the world delivers work and engages with premier talent is changing. We welcome you to the forefront of this lasting trend and hope that you will join our community.
How does the contract and payment work?
Once you have been selected on a project, MBA & Company will issue you a contract that includes your project proposal and plan outlining each of the milestones that you will deliver the work too.
Depending on the size of the project (Under £5,000 or not), payment will either be made upon final approved deliverable or after each of the approved milestones.
The funds for each project will be held in a secure client account by MBA & Company to eliminate any payment risk for you and payments will be made via bank transfer to an account of your choice.
MBA & Company to-date has never had a project where the consultant has not been paid.
Can I register if I have a full time job?
Yes – you may register with the platform if you have a full time role. We have a wide selection of members who are in career transition and have registered in order to see what projects would be available or how they would begin their career as an independent.
It is also possible that projects may lead to other full time roles which we would be equally happy for you to pursue and switch from one full time role to another.
You will however not be able to work on projects over 10 hours in duration or for any competitors within your industry. Any efforts to conceal your existing arrangements through the selection process as well will result in removal from the network.