A capstone is a consultancy student project: a team of four to six Masters’ students works under the supervision of the EIB Group staff who has proposed the topic. Projects have a resolutely operational approach and enable students to undertake a real-life consulting project on topic relevant to the EIB Group. At the same time, they allow EIB Group staff to carry out useful and often directly applicable operational research.

Once the project is finalised, the students’ team is invited to the EIB in order to present the results of its work.

Projects carried out in 2018 were: How to estimate SME credit rationing and financing gap in Europe using firm-level micro data? with LSE, What business model for smart cities assets and Engaging with civil society both with Sciences Po and National promotional banks benchmark analysis with Bocconi University.