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MBAs Increasingly Focusing on Green Issues

July 24th, 2008 @ 10:42 am

7 Comments

Categories: Green Business, Management, Uncategorized

Tags: Sustainability, MBA, Student, Business School, Jessica Stillman

  • Get on the bus!The Find: A raft of MBA programs at innovative new institutions and venerable stalwarts alike are foregrounding sustainability and environmental issues in an effort to attract students and turn out forward thinking business leaders.
  • The Source: An in-depth look at the rise of sustainability issues at business schools from Greenbiz.com and “Beyond Grey Pinstripes,” the Aspen Institute’s ranking of business schools based on their integration of social and environmental issues into their curricula.

The Takeaway: Greenbiz spoke with the leaders of three innovative MBA programs with a focus on sustainability: Kenan-Flagler Business School at the University of North Carolina-Chapel Hill, Boulder’s Leeds School of Business and the Rady School of Management at the University of California at San Diego. What these conversations reveal is a whole lot of student interest and a whole lot of innovation.

For example, at Keen-Flagler students partnered with Bank of America in an initiative that saw students analyzing the organization’s domestic environmental footprint and suggesting ways to reduce its carbon footprint, while the program at UCSD attracts many students with a science background and an interest in renewable energy technology. Many opt for a joint MBA-PhD degree in partnership with The Scripps Institute.

But it’s not just newer programs that are embracing sustainability (the Rady School was founded only five years ago) but also some of the older and more well-known MBA programs. When the Aspen Institute ranked business schools on how well they integrate social and environmental issues into their curricula, Stanford Graduate School of Business (founded 1925) topped the list. Here’s the rest of the top five:

  1. Stanford
  2. Michigan (Ross)
  3. York (Schulich) in Canada
  4. UC Berkeley (Haas)
  5. Notre Dame (Mendoza)

For the complete list, visit the Aspen Institute’s website.

The Question: Do most MBAs adequately prepare students to deal with environmental challenges?

 

 

(Image of MBA students getting on the bus by Phil~, CC 2.0)

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  •  
    1

    Hazarika

    07/24/08 | Report as spam

    Green issues in Management courses

    Well I am happy that people are now talking about it. In the Assam Institute of Management, we started the Two Your Post Graduate Management Programme in 1994. from the beginning we have been teaching a compulsory paper called "Resource, Environment and Energy Management", in which we deal with issues that have become fashionable only recently. from the beginning we felt that a future manager must be conscious about the environmental implications of managerial decision making. Also, we felt that management students should be conscious about energy usage, efficiency, economics and We also felt that environment, energy and natural resources are intractably linked with each other. IT gives me a great thrill that 15 years later, others are following our trail.

  •  
    2

    rajjoshi

    07/24/08 | Report as spam

    MBAs Increasingly Focusing on Green Issues

    Hazarika,
    Good to see your comment on the BNET post. I often think, what is the cost of development we are paying? What can be the ways and means for a sustainable developemnt, where man and nature coexist optimally.

    Raj

  •  
    3

    heiddy.peralta@...

    07/25/08 | Report as spam

    RE: MBAs Increasingly Focusing on Green Issues

    I think it is a fantastic idea to start earlier in our younters and future leaders to have the right mindset on how to be green.

  •  
    4

    jlichtenwaldt

    07/25/08 | Report as spam

    RE: MBAs Increasingly Focusing on Green Issues

    I'm surprised that the author didn't reach out to the Bainbridge Graduate Institute (full disclosure: I'm currently enrolled in their MBA program).

    BGI was the first fully integrated Sustainable MBA program with all classes, including Accounting, Finance and Economics, delivered through the filter of Sustainability. BGI has won many awards including being named one of the top innovative schools in the world by BusinessWeek for its focus on creating change.

    On the other hand, I'm happy to see other schools embrace the concepts of sustainability and recognizing that business cannot continue "as usual".

  •  
    5

    GreenCPA

    07/25/08 | Report as spam

    Bainbridge is the leader

    I have an MBA in Sustainable Business from BGI and must say that they take sustainability to a whole other level. Besides their own core faculty, BGI recruits the leading professors from these other schools. Many of these schools visit BGI to find out what to do.

    Sustainability will be the key business driver for the foreseeable future. Firms who embrace it as a strategic driver will find themselves at a competitive advantage. Those who don't will suffer.

  •  
    6

    waneng

    07/29/08 | Report as spam

    green issues

    it is good thing to be able to see more people think of green issues, i remember when i was small, surrounding me were trees, banana trees, coconut trees, wild flowers, even a lot of hibiscus growing outaide, now where is our national flowers, you hardly see them anymore,
    it is a good grief!

  •  
    7

    alphagrl@...

    07/29/08 | Report as spam

    RE: MBAs Increasingly Focusing on Green Issues

    You seem to have overlooked one of the first and foremost truly green MBA programs: The GreenMBA offered at Dominican University in San Rafael.

    http://www.greenMBA.com

    Alana

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