Sustainability underlies many of the complex global challenges we face today, carrying profound implications for business practices, economic development, and environmental stewardship. Businesses increasingly recognize the need to incorporate environmental risks and social objectives into their core strategy and operational decisions. The commitment to sustainable practices can take many forms, such as developing social enterprises, creating and distributing fair-trade products, reducing carbon footprints, ensuring a sustainable value chain, guiding social impact investments, and making frugal use of natural resources. Sustainability initiatives are motivated by a desire to manage risk, drive growth, improve returns on capital, and create value.


The Master of Business Administration, Impact Specialization, is a 44-credit, 3 semester, full-time Resident Instruction program. The program aims to provide business solutions that achieve positive economic, environmental, and social impact. The program educates and prepares future business leaders to take effective roles in organizations that integrate economic, social, and environmental sustainability into core strategy and operations. There are elective options to enable students to pursue either a venture-creation process or take up to 15 credits outside the College of Business in areas such as environmental sustainability, social impact, water resources, life cycle assessment, ethics and sustainability, and climate change.  

Program Learning Goals are:

Business Acumen and Integration Skills: Graduates will demonstrate competency across business functions and integrate them into strategic decisions.

Practical Leadership and Management Skills: Graduates will demonstrate individual, interpersonal, and organizational leadership skills necessary for professional development and organizational effectiveness.

Critical and Analytical Thinking: Graduates will be able to apply critical thinking and analytical skills for management decision-making.

External Environment – Ethical, Legal and Regulatory Framework: Graduates will consider ethical, legal, and regulatory implications inherent in business situations and apply that knowledge to make responsible decisions.

Global Perspective: Graduates will acquire a global and cross-cultural perspective in formulating decisions and implementing organizational strategy.

Enterprise Approaches to Global Challenges: Graduates of the Impact MBA program will have the skills to:

  • Assess opportunities for enterprise approaches to address social and environmental challenges.

  • Develop, implement, and manage initiatives or enterprises that address global social and environmental challenges.

Effective Fall 2020 

Core Classes:
ACT 605Accounting for Sustainable Enterprises3
BUS 601Quantitative Business Analysis2
BUS 620Leadership and Teams 12
BUS 636Economics of Ecosystems and Biodiversity3
CIS 600BProject Management: Impact Enterprise2
FIN 601Financial Management and Markets3
MGT 612Managing in a Global Context3
MGT 663Strategic Opportunities in Impact Enterprise3
MGT 665Supply Chain Development and Management2
MKT 601Marketing for Social Sustainable Enterprises3
Select one course from the following:2-3
Financial Markets and Investments
Financing, Evaluating Sustainable Enterprise
Select one course from the following:3
Practicum
Internship
Select 12-13 credits from the following electives:12-13
Ethical, Legal, and Regulatory Issues 1
Foundations for Carbon/Greenhouse Gas Mgmt
Greenhouse Gas Policies
Current Topics in Climate Change
Life Cycle Assessment for Sustainability
Corporate Risk Management
Fundamentals of International Finance
Private Equity and Venture Capital
Analysis of Sustainable Energy Solutions
Law and Sustainability
Issues in Global Environmental Sustainability
Water Resources Seminar
Design Thinking for Sustainable Enterprise
Global Social Sustainable Entrepreneurship
New Venture Development for Social Enterprise
Seminar in Environmental Philosophy
Program Total Credits:44

A minimum of 44 credits are required to complete this program.