Today’s businessmen and women need to understand the impact of global issues on their companies, and more and more students are choosing a sustainability-focused MBA in order to do just that.
Population growth, scarce natural resources, environmental risks, fluctuating commodity prices: an understanding of issues like these is crucial for the 21st century corporate decision maker.
According to Beyond Grey Pinstripes, a biennial ethics-focused survey of business schools, the number of electives with social, environmental or ethical content has grown over time, increasing from 12 courses per school in 2005 to 19 in 2009.
Here we summarise a few top business schools if you're looking for looking for a green program!
Dominican University of California was the first university to launch a sustainable MBA: its Green MBA started in 2001. Since then, many other business schools have followed suit.
Often, they offer core courses or electives in sustainability, but sometimes they go a little further.
Probably the most radical shake-up of the MBA along sustainable lines is at the UK’s University of Exeter Business School. In September 2011 it will launch its “One Planet MBA”, which integrates traditional aspects of business management with important environmental issues such as climate change and overpopulation.
The Exeter One Planet MBA may be the first program to have been designed by students. This year’s full-time MBA class at Exeter has participated in intensive seminars and discussions, hammering out the fine details of the syllabus for the incoming One Planet MBAs in September.
In the US, Wharton offers an MBA concentration in environmental management, and also recently launched a joint three-year MBA/Master degree in Environmental Studies.
The goal of the program is to prepare students for global leadership roles in environmental management, finance, and other business specialties.
The Stanford Graduate School of Business offers an MBA certificate in public management. To earn the certificate, a student on the regular MBA needs to complete at least 8 of the required 16 electives from the Public Management Program.
The Public Management Program (PMP) offers 30-40 electives in public policy, non-profit management, social and environmental entrepreneurship, corporate social responsibility, and philanthropy. The courses are designed to help MBA students apply management skills to social and environmental concerns.