MBA in Sustainable Development

Gone are the days when finance, accounting and marketing were the prominent MBA specialisations. The rising awareness of saving the environment has led to the introduction of new MBA fields like Environmental Accounting, Sustainable Tourism, Environmental Management, Sustainable Development and many more. If you are interested in opting for MBA specialisation that will help you contribute towards saving the environment, then, MBA in Sustainable Development will match your niche the best. In this blog, we have devised all the essential information that one shall get a hold of before the commencement of the course: MBA in Sustainable Management.

Course Name	MBA in Sustainable Management.
Course Level	Post Graduate
Duration	2 years
Eligibility	Bachelor’s degree in any discipline
Average Annual Fees	INR 3,00,000 to 12,00,000 and more for universities abroad
Top recruiting agencies	NGOs, Multinational NGOs, Trade Industries, Environmental Planning Companies, Educational & Research Institutions, etc.

About MBA in Sustainable Development

MBA in sustainable development runs by the approach to balance business profits with the sustainable growth of the environment. A range of applications and techniques that can be used to preserve the natural environment without causing harm to the business world will be taught throughout the journey of the course. Students will learn to anticipate, monitor and analyse various green business practices along with regional economic development in the functional business areas. 

Eligibility Criteria for MBA in Sustainable Development

Whilst planning to study abroad or a particular course, the first and foremost step shall be cross-checking the eligibility criteria to make sure that you fall on the favourable side. For all the candidates who are eager for pursuing MBA in sustainable development, listed below are the points related to eligibility criteria pertaining to abroad- 

• Basic education of 10 + 2 form a recognised board
• A UG degree in commerce or related fields with the minimum required GPA
• A good score on GMAT or GRE exam
• It is important to have a minimum required score in English proficiency exams like IELTS, TOEFL, etc.
• Some universities demand work experience between 3-5 years
• LORs and SOP in the prescribed format 

On the other hand, if you are looking forward to pursuing this course in India, candidates need to have a UG degree and a good score in any of the entrance exams such as-

• CAT
• CMAT
• SNAP
• XAT
• MAT

Must Read: Envisioning Sustainability, NU launches MBA in Sustainable Development and Management

Top Universities in India For MBA in Sustainable Management 

The academic institutions in India offering MBA in sustainable development courses are:

• Indian Institute of Management (IIMs)
• Bennett University 
• Taxila Business School 
• Presidency University, Bengaluru 
• Xavier Labour Relations Institute, Jamshedpur
• Indian School of Business, Hyderabad
• Management Development Institute, Gurgaon
• Indian Institute of Foreign Trade, Delhi 
• SP Jain Institute of Management and Research, Mumbai
• Faculty of Management Studies, Delhi
• Jamnalal Bajaj Institute of Management Studies, Mumbai

Must Read: Concept of Sustainable Development and Top MBA Colleges in India 2021 

Top Universities Abroad For MBA in Sustainable Management 

Many global universities offer this trending course which is MBA in sustainable development. To help you in your research regarding the same course, we have listed below the top universities that avail of this program- 

• University of Cumbria 
• University of Vermont 
• Aberystwyth University 
• Warwick Business School, University of Warwick
• Sloan School of Management, Massachusetts Institute of Technology
• INSEAD Singapore
• Fuqua School of Business, Duke University
• IE Business School
• Saïd Business School, University of Oxford
• Cornell SC Johnson College of Business, Cornell University
• Harvard Business School, Harvard University
• Schulich School of Business, York University
• Erasmus University Rotterdam
• ESC PAU Business School 
• Exeed School of Business and Finance 
• Euclid University 
• University of Applied Sciences Zittau/ Goerlitz 
• Humboldt State University 
• Anaheim University 
• University of Applied Sciences Ludwigshafen am Rhein 

Online MBA in Sustainable Development

Do you know that you can even pursue MBA in sustainable development degree online at the convenience of your home and place where you live. Yes, it’s absolutely possible. Here are a bunch of renowned universities from different parts of the world which are offering MBA in sustainable development courses or programs online to students. Have a look:

University Name	Location	Course Name
Sustainability Management School	Switzerland	Online MBA in Sustainability Management
University of Cumbria	United Kingdom	Online MBA Finance and Sustainability
Northeastern University	USA	Online MBA Sustainability Concentration
Concordia University	Canada	MBA Degree in Sustainability Online
Southern New Hampshire University	USA	Online MBA in Sustainability and Environmental Compliance
The University of Colorado at Denver	USA	Online MBA with Sustainability Concentration
University of Saint Francis	USA	Online MBA and Master of Environmental in Health Sustainable Development
Anaheim University Online	USA	MBA in Global Sustainable Management
UCLA Anderson School of Management	USA	Online MBA in Sustainability
Rushford Business School	Switzerland	MBA in Sustainability, Energy, and Environment

Curriculum of MBA in Sustainable Development 

Running over a period of 1.5- 2 years, the coursework of an MBA in sustainable development will mainly answer size on the core subject related to the domain of sustainable development. However, a bunch of elective subjects will also be a part of the curriculum of the course. Just like other MBA courses, the former year will focus on various attributes of management whereas the latter one will focus on insights into sustainable development. Tabulated below are the main subject of MBA in sustainable development- 

Business Financial Management	Cross-Cultural Understanding and Management
Firms and Sustainable Development	Social Responsibility
Global Risk Management	Environmental Management System
International Business Laws	Management Information System
Human Resource Management	Business Marketing
Methodology and Research	Negotiations, Leadership and Communication Skills
Knowledge and Information Management	Combination of Sustainability and Business Success
Boundaries of Sustainable Development	Environmental Economics

Career Prospects

Candidates can kick-start their careers after acquiring a management degree in this field. A plethora of public as well as private organizations are in search of management professionals that can help them achieve environmental sustainability in their business practices. Those who will pursue a career in this field will be entitled to an average salary of 10 to 15 lacs per annum.

The areas where Sustainability Development Managers can work are mentioned below:

• Energy and Natural Resources Production Sector
• Urban and Rural Development Areas
• Marketing Sector
• Investment Sector
• Financial fields

Job Profiles

Here are some of the prominent job profiles that candidates can go for- 

• Sustainability Developers
• Sustainability Officer 
• Business Analysts 
• Relationship Manager
• Business Development Executive
• Business Development Specialist
• Sustainability Analysts
• Project Managers
• Associate Market Manager
• Development R&D/Training Leader
• Lecturer and Professors
• Outreach Managers
• Research Analysts
• Financial Modelling Experts

Salary after MBA in Sustainability Management

Candidates with an MBA in Sustainability Management earn a minimum salary of INR 3 to 4 lakhs per year at first. Their pay will rise over time as they gain experience in the industry. The average annual salary for a Sustainability Development Manager is in the range of INR 12 to 15 lakhs. The table below provides an estimate of the salary earned by people with an MBA in Sustainability Management:

Experience	Average salary in INR (per annum)
Freshers	3 to 4 Lakhs
2-6 years	5-8 Lakhs
More than 6 years	9-15 Lakhs

Scope of MBA in Sustainable Development

MBA with a focus on Sustainable Development teaches students about the aspects of sustainable development from the standpoint of social sciences. This programme is designed to give students the skills and know-how they need to develop, evaluate strategies for managing natural resources and natural capital and provide them with knowledge on sustainable economic development, global sustainability principles, sustainable innovation and design economics. In addition to looking for jobs, students also have the choice of further study. MBA in sustainable development. Sustainable development. If one chooses to continue their study in the same subject, the first program of option is a PhD in Sustainable Development, PhD Management Studies, and so on. PhD programs in any of the relevant disciplines are available to students. Having stated that, students can also apply for the Fellow Program in Management (equivalent to a PhD) offered by all IIMs.

FAQs

Hopefully, through this detailed guide on MBA in sustainable development, we have helped you in getting familiar with the potential career field. To get your application process started for this course, get in touch with our career experts at Leverage Edu. They will not only help you in choosing the right university and course with the help of our AI Course Finder but will also manage the entire application process for you. Book your first 30-minute counselling session today!