What is a Green MBA?
A Green MBA, also called a “sustainable business degree” is a Master of Business Administration degree that has a focus on corporate sustainability. Like traditional MBA’s it is granted after one to two years of graduate-level university study providing training in the theory and practice of business management. The green MBA teaches the theory and practice of managing the enterprise in a sustainable fashion, including managing the environmental impact of the business, increasing energy efficiency, reducing waste and finding ways to promote sustainable practices in all aspects of the business.
Why a Green MBA Is Important?
Increasingly companies are taking corporate sustainability and environmental practices seriously, discovering that an approach to business that factors in sustainability is also becoming strategically important for the enterprises long term success. A survey of 481 companies, by Arthur D. Little found that 95% of the surveyed executives counted sustainable development as being important to their business future.
There is growing need for a new generation of business leaders who understand corporate sustainable. This is backed up by job posting data and by executive surveys. The CSR Jobs Report, by Net Impact and Ellen Weinreb CSR Recruiting, found that the number of corporate social responsibility (CSR) job postings has increased by 37 percent in a three-and-a-half-year period and that that demand for CSR MBA level candidates still outpaces supply. A recent GreenBiz survey of more than 600 companies found that organizations are increasing their hiring of environmental and sustainability professionals. The number of large companies citing open positions and plans to increase staff doubled from 8 percent in late 2008 to 17 percent this summer.
What schools are offering them and can I get a green MBA online?
An increasing number of universities are offering Master’s of Business Administration degree programs with a focus on sustainability. Green MBA degree programs as well as various corporate sustainability certificate programs are now available in universities located in more than twenty states as well as several online programs as well online for those students who wish to explore this option. These green MBA programs offer various concentrations in such specialized areas as: global business sustainability, sustainable supply chain management, sustainable management, sustainable marketing, environmental and social sustainability, energy policy and organic agriculture.
New green MBA programs are being established with several new programs added over the past months. To help interested individuals find a school with the kind of Green MBA Program that they are looking for the Green Economy Post has published the Green MBA Program Directory, an up to date comprehensive guide to Green MBA degrees and certificates around the country that currently features profiles of over 80 Green MBA, Dual Degree and Certificate Programs from across the United States as well as from institutions offering online Green MBA Programs.
As corporations around the world begin to focus on strategies that provide their organizations a competitive advantage through environmentally sustainable practices, such as carbon reduction, energy efficiency and clean technologies and especially as they discover that considerable money saving and profit making opportunities also exist they will need a new generation of business leaders who can lead in these efforts and who understand the issues and opportunities that exist. Those who earn a green MBA will find themselves positioned to become leaders in this exciting transformation of the way business is being conducted around the world. It can help high achievers in the business world help make this world a better place while they help position their enterprises to turn a long term sustainable profit.