Recently, a majority of MBA students at the Leeds School of Business, University of Colorado at Boulder signed a letter strongly stating that the reason they chose the school was for its leadership position in sustainability and they encouraged the school to add more courses and opportunities related to this emerging field of management.
In a few short years, eco-friendly practices have gone from being new-fangled selling points to becoming essential requirements, with states vying with each other to offer incentives and legislation that promote green technology and business. While the corporate world is scrambling to devise strategies to address sustainability, business schools across the country have been incorporating it into their curriculum for the past several years, both in response to student demand and in line with industry trends.
Some schools, like San Francisco's Presidio School of Management (which contributes a for GreenBiz.com), the Dominican University in San Rafael, Calif. and the Bainbridge Graduate Institute in Wash. were founded with the idea of integrating the concept of sustainability with business education, but mainstream business schools are also making this shift.
MBA students graduating from these progressive schools will receive a solid grounding in environmental issues. These futuristic programs will prepare them for the reality of tomorrow's markets by equipping them with the social, environmental and economic perspectives required for business success in a competitive and fast changing world.
The Aspen Institute conducts a rigorous research survey and ranking called Beyond Grey Pinstripes, which spotlights such innovative full-time MBA programs. The survey ranks the top 100 schools in terms of student exposure and opportunity, course content and faculty research in environmental stewardship. Their global 100 list ranks Stanford University at the top, followed by a mix of Ivy League schools and many other avant-garde universities as well as a few entrants from outside the U.S.
In order to gauge how business schools are progressing, I spoke with administrators at three business schools at various stages in developing in-depth course content and opportunities in sustainability. Kenan-Flagler Business School at the University of North Carolina-Chapel Hill is one of the top ranked schools in terms of course content, according to the Grey Pinstripes survey; Boulder's Leeds School of Business placed within the top 20 overall and 33rd for course content in the survey; and the Rady School of Management at the University of California at San Diego is fairly new and has not yet been ranked, but it has achieved significant progress in preparing its students and giving them opportunities to team up with cleantech researchers.
What emerged from the talks was that aside from course content and faculty research, programs such as Net Impact clubs, practicum projects, venture capital competitions and opportunities to network with green technology thought leaders and researchers had the most impact on grooming MBA students to handle sustainability and launch green start ups in the real world.
Leeds School of Business, University of Colorado at Boulder -- Deming Center for Entrepreneurship
Colorado is home to NREL (National Renewable Energy Laboratory) and has a thriving cleantech industry and Leeds encourages its students to tap opportunities to gain exposure by interacting with local CEOs and executives.
The school partners with Cleantech Ventures to run the Cleantech Venture Challenge, which showcases emerging opportunities and ideas from the best universities teams around the world and offers $25,000 in prize money. It also launched the Sustainable Venturing Initiative in 2005, to foster growth in renewable energy and clean technology.
It would have been great if the author included the Dominican University GreenMBA website and the Bainbridge Graduate Institute website in this article, because it seems that the author gave an unbiased preference towards 1 of the programs. Each program offers an incredible curriculum, so in the name of progress and more greater and greener education out there, it would be nice if future writers were would be less biased and provide the readers with an equal access to information.
I easily found both sites online
The Dominican University Green MBA can be found at http://greenmba.com/
The Bainbridge Graduate Institute can be found at http://www.bgiedu.org/
Amongst the hundreds of students graduating from the "plethora of schools" -- are they really getting green jobs and affecting change?
http://www.sustainableindustries.com/sijnews/17287629.html?viewAll=y.
Also, several mentions of NetImpact, yet zero mention that NetImpact's annual report ranked the Bainbridge Graduate Institute (the first sustainable MBA program in North America) number one in both 2006 and 2007. http://netimpact.org/displaycommon.cfm?an=1&subarticlenbr=1020
This article, especially with mention of WSJ's nod towards "recruiters perceptions" as being an indicator of program's strengths, sets the tone for the business-as-usual feel of this article. Apparently, give students some add-on carbon footprint analysis skills, and the world of business is changed forever. Programs should be evaluated on the ability to change the essential makeup of business from one that's lead to social and financial inequities to one of right-livelihood, systems thinking, and stewardship that suits the needs of all stakeholders in the value chain.
I think that eventually much of the green focus on these niche mba programs will become a part of all major mba programs. Ultimately though, I'm not sure that these will be that effective, since the responsibility of the chief sustainability officer, or whatever they might be called, is to impact the bottom line. I fear that some of these programs will veer too far off from the business curriculum and focus too much on environmental topics (as much as it pains me to say). There is really a fine balance that could prove difficult to achieve.
I am a student at BGI and, while there is certainly an environmental and social bias, it is clear that this is still business school and that profitability still trumps all. Most of the faculty teach at more mainstream schools as well and don't feel that our business skills and training is lacking in comparison.
Glad to hear that the focus at BGI is for the most part business. What has your experience been like in terms of the environmental component?
Firstly, I'd like to thank Padma Nagappan and Greenbiz.com for writing this article. Articles such as this are quite inspiring and informative. I see this change in consciousness taking place first hand as an MBA student at The University of Toledo and aspiring ecopreneur. Though my University does not currently offer environmentally focused curriculum I wish they did. I think there is a new breed of ecologically focused entrepreneurs developing lately, bringing business sense to sensitivity about the environment. I myself grew up in a "green" business at my family's farm and greenhouse in Ohio- and continued my education into graduate school in hopes of applying my business knowledge into making an effort toward sustainability in the industry. My journey led me in a whole other direction to begin a new venture, EcoLogic Products LLC, a business focused on developing earth conscious everyday products which support social and environmental causes. We are the latest member of 1% For The Planet ( http://www.onepercentfortheplanet.com ), contributing a portion of all sales to environmental causes such as rebuilding sustainable homes in New Orleans through a partnership with Global Green USA.
For all other MBA's and aspiring entrepreneurs out there, keep it up. business can be truly rewarding especially when you're making a positive impact on the environment. Check out our latest eco blog posts at http://www.ecologicproducts.com and feel free to share your thoughts.
LOhlmanIII
See ClimateBiz.com
Green MBA at Dominican University of California
It is exciting to see this trend growing accross the country. I know when I was looking for a MBA program early last year I found the GreenMBA at Dominican University. This full time/part time program has exposed me to Critical Thinking, Sustainable Enterprise, and Environmental Accounting. I find it was the best educational decision I could have made. If we are going to change business in this country we first have to change what we study. I hope that more people speak up to demand education focused on sustainability.
Avary Kent
Green MBA Cohort N
Dominican University of California
San Rafael, CA