Terms and conditions
consultancy projects

Scope 

  • These terms and conditions apply to any application for a Project provided by Vlerick for a Fee (all as defined below).
  • Applying for a Project implies acceptance of these terms and conditions, even if they conflict with the Company’s own general or specific conditions of purchase.

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Definitions

 Vlerick  Vlerick Business School, a public utility foundation
incorporated under the laws of Belgium, having its registered offices at
Reep 1, 9000 Gent, Belgium, VAT BE 0424.244.049
 Company  legal person applying for a Project
 Students  Vlerick MBA or Masters students
 Supervisor  a senior representative of the Company
 Promotor  a Vlerick faculty member
 Project an consultancy project whereby a team of Students analyses a specific
business or strategic issue of a Company as part of their Masters or MBA
programme at Vlerick
 Fee € [9.750] (plus 21% VAT) if the scope of the Project consists of 3 students or
€ [7.750] (plus 21% VAT) if the scope of the Project is limited and the student team consists of 2 students (instead of 3)
 Expenses

any expenses incurred by the Students related to the performance of the
Project such as

  • (daily) travel expenses: train tickets, car expenses at € [0.3412] per km for project traffic and € [0.1706] for commuter traffic, …
  • accommodation expenses when travelling abroad
  • expenses for data collection in case of a market research project
  • copy expenses Project report

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Application and screening

  • Project proposals need to be submitted via the application form on the Vlerick website.
  • For the academic year 2016-2017, the Company can apply for a market research project until 25 December 2016. All other projects can be applied for until 31 January 2017
  • Upon receipt of the application form, Vlerick will contact the Company to screen the Project and ask the Company to complete and return the project screening form. Vlerick will only consider project proposals for which a project screening form has been completed.
  • The Company is responsible for the description of the content and objectives of the Project to present to the Students as well as for the description of the Company itself.
  • Vlerick is entitled to refuse project proposals and will inform the Company thereof.

Project allocation

  •  Vlerick will allocate at its sole discretion the Students to the Projects taking into account the preferences of the Companies and the Students.
  • The Companies will be informed whether their Project can be allocated or not by the beginning of [April 2017] at the latest. Projects that cannot be allocated, will not be executed.

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Contract

  • After allocation of the Project, Vlerick will present the Company and the Students a contract for signature. A template contract can be obtained upon request. 
  • In the absence of a signed contract, the Company will not receive the project report and will not be able to participate in the project defence.

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Invoicing and payment

  • The Company undertakes to pay Vlerick the Fee invoiced after signature of the contract.
  • The Company shall reimburse all Expenses.
  • The Company shall agree with the Students on the Expenses beforehand. These Expenses (plus 21% VAT) will be invoiced by Vlerick on the basis of an expense claim form (including the original receipts of the Expenses) approved by the Company.
  • Invoices are payable within 30 days from the invoice date, unless otherwise agreed in writing between Vlerick and the Company. If invoices are not paid by the due date, the amounts will automatically and without prior notice be increased with the interest rate as prescribed in the Belgian law of 22 August 2002 “betreffende de bestrijding van de betalingsachterstand bij handelstransacties”.

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Cancellation by the Company

  • If the Company cancels the Project before the start of the Project , a cancellation cost of
    € [1.000] will be charged.
  • The Project cannot be cancelled without cause after the start of the Project.

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Supervision

  • The Company shall appoint a Supervisor and Vlerick shall appoint a Promotor to guide and support the Students.

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Obligations of the Company

  • When working at the premises of the Company, the Students shall be able to use an office space, a phone and a computer.
  • The Company shall provide the Students access to all information and persons relevant to the Project.

Project report

  • The project report shall be written in English, unless otherwise agreed in writing between the Company and Vlerick.

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Project assessment

  • The Students will defend their Project before a jury. In this jury the Company shall be represented by the Supervisor. Other persons of the Company can attend the project defence but the Company shall only have one vote. 
  • The jury will evaluate the Project on content and methodology, written report, oral presentation and defence, personal efforts / commitment, usefulness and practical value. 
  •  The jury will mark the Project on the basis of the guidelines provided by Vlerick.

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Applicable law and competent courts

  • These terms and conditions shall be exclusively governed by, construed and interpreted in accordance with the laws of Belgium.
  • Any dispute regarding the validity, interpretation or implementation of these terms and conditions shall be submitted to the exclusive jurisdiction of the courts of Gent, Belgium.

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Terms and conditions
consultancy projects

Accreditations
& Rankings

Equis Association of MBAs AACSB Financial Times