Corporations that want to strengthen their competitive advantage come to Lerner. From hiring top academic talent to extending their research and problem solving capabilities, companies that engage with the Lerner College enjoy a relationship with tangible and measurable results. The Corporate Associates program provides an opportunity for corporations to become more involved with the students, faculty, alumni and staff of the Lerner College of Business. Sponsorships provide visibility and interaction with top Masters Students of the college and give companies an advantage.
Employers are expected to provide the Associate with work assignments of a truly professional nature consistent with the approved job description. Concerns or special considerations related to the Associate’s performance should be communicated to the Corporate Relations & Career Management Office as they occur. Near the end of each term, the employer will submit a formal performance evaluation which is designed to serve as the basis to retain the Associate for the next term.
The cost to the employer is $9,950 per student per term. The University matches the employer’s contribution with a tuition scholarship for each term of program participation. The employer’s payment allows the University to provide a stipend of $8,325 to the Corporate Associate and cover student payroll and insurance expenses and program administration costs. For non-profit organizations, the cost per term is $8,520. Payment is due upon receipt of invoice issued by the University of Delaware.
The Corporate Associate program is now available in the summer to employers located over 45 miles from the student’s place of residence and requires the student to make temporary living arrangements. The student is available to work 10 weeks from June 1 through August 31. The Associate’s summer obligation remains 40 hours per week. The cost to the employer is $12,900. The employer’s payment allows the University to provide a stipend of $10,600 to the student.
For each of the above program options, in addition to the student stipend, the employer’s payment allows the University to provide the student with a tuition scholarship and cover student payroll and insurance expenses and program administration costs.
Corporate Associates may start work at the outset of any term. The associate works an average of 20 hours per week while attending school in the fall and spring terms. The timeline of the semesters is as follows:
|SEMESTER||START DATE||END DATE|
|FALL||SEPTEMBER 1||JANUARY 15|
|SPRING||JANUARY 16||MAY 31|
|SUMMER||JUNE 1||AUGUST 31|
Examples of Corporate Associate Assignments
- Business Information & Forecasting
- Corporate Training & Learning
- Financial Services Support
- Marketing Planning & Development
- Marketing & Sales Campaign
- Media & Public Relations Campaigns
- Product Opportunities ASsessment
- Operations & Supply Chain Management
- Web Site Design & Strategy