AEP - Advanced Energy Project
In the course, student groups will carry out projects for external companies, to solve an identified business problem through the development of services, business models, technical solutions or prototypes. The course will also include parallel lectures on consultancy skills such as project management, presentation skills and marketing. The progress of the student groups will also be monitored and assisted through workshops. The student groups will be assisted at all times by a designated instructors who will also attend some of the group meetings with the collaboration companies.
What can the company expect from taking part in this project?
The AEP is best suitable for companies which are involved in energy related topics or which have a business problem related to energy. This can include utilities, equipment manufacturers, service providers, consultancies, etc. We have partnered with companies such as Ramboll, Fortum, Wärtsilä, Agco, Pöyry, St1.
The benefits for the participating company include
- Innovative problem solving: Student groups carry out project carried out for them, seeking to resolve a real business need for them
- Visibility: the company will be advertised in course information, websites & posters
- Finding great colleagues: The course will help companies in finding suitable MSc thesis workers, and future employees.
- An outcome of project that can be a report or e.g. technical analysis model
What is required from the company?
- Initial project theme (optional for company to be present at first teaching workshop to outline project theme)
- Willingness to hold about 4 meetings with the student teams over the course
- Availability to answer student questions by e-mail and review drafts (not too frequent, students would generally not be in touch more than every 2 weeks, and they are primarily guided by the instructor from Aalto)
- Schedule as follows:
- June: Contract signed with Aalto on involvement in course (and NDA if necessary)
- End August: Company defines project theme
- Early September: First teaching workshop – companies can introduce their project there
- September: Project work starts, first student team meeting with company
- October-November: Interim meetings with student teams
- December: Project finalization
- Mid December: Event at Aalto where all teams present their projects to companies and wider Aalto community (these presentations only include “public” results of work where there are confidentiality considerations and/or an NDA has been signed)
What do the students receive?
The main learning goals of this project are
- Problem solving
- Project Management
- Entrepreneurship & Commercial thinking
- Negotiation & Communication skills
The methods used to achieve these goals are
- Meetings with company (at least 3-4)
- Group project work (engineering or economic analysis, research, etc)
- Interviews with experts
Ilona Liukkonen, Product Portfolio Manager, Biorefining Business Development & Production St1 Oy
Participation was very beneficial to our company. The time commitment needed from us was very reasonable.
- Contact: Sam Cross, Manager, Aalto Energy Platform, [email protected], tel. +358 504096615
- Project duration: 4 months (September- November)
- Number of students per project: 4-5
- Project fee for a company: 5 000 € + VAT
- Application period for companies: 01.04.–01.06.2019