The purpose of live projects is to give students professional management experience that will help them at the beginning of their careers and long-term. In this way, students get a mix of hands-on work experience and get to see how the corporate world works before they actually get into it. When working on a live project, there is an opportunity for students to specify a specific domain and select a project that fits their area of interest. Additionally, they are able to meet professionals and discuss the project with them.