Gone are the days when finance, accounting and marketing were the prominent MBA specialisations. The rising awareness on 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.
This Blog Includes:
- MBA in Sustainable Management: Brief Overview
- MBA in Sustainable Development: Overview
- Curriculum of MBA in Sustainable Development
- Eligibility Criteria
- Top Universities Abroad For MBA in Sustainable Management
- Top Universities in India For MBA in Sustainable Management
- Career Outlook
- Salary after MBA in Sustainability Management
MBA in Sustainable Management: Brief Overview
|Course Name||MBA in Sustainable Management.|
|Course Level||Post Graduate|
|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.|
MBA in Sustainable Development: Overview
MBA in sustainable development runs by the approach to balance the business profits with a 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.
Curriculum of MBA in Sustainable Development
Running over a period of 1.5- 2 years, the coursework of 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 of 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|
Whilst planning to study abroad or a particular course, the first and the 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 in GMAT or GRE exam
- It is important to have a minimum required score in English proficiency exams like IELTS, TOEFL, etc.
- Some universities demand of 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-
Top Universities Abroad For MBA in Sustainable Management
Many global universities offer this trending course that is MBA in sustainable development. To help you in your research regarding the same course, we have listed below the top universities that avail 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
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
- University of Delhi
- Xavier Labour Relations Institute
- Indian School of Business
- Management Development Institute
- Indian Institute of Foreign Trade
- SP Jain Institute of Management and Research
Candidates can kick start their career after acquiring a management degree in this field. A plethora of public as well as private organisations 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 within average salary of 10 to 15 lacs per annum. 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|
One can do or fit into the following roles with an MBA in sustainable development degree:
1.Sustainability consultant roles.
2.Supply chain and logistics roles.
3.Director of Compliance roles.
4.Management roles in industries focused on sustainability.
6.Human resources roles.
7.Director of sustainability roles.
A master’s degree in sustainable development is a postgraduate research program that takes an interdisciplinary approach to sustainability issues. This master’s program focuses on global growth and environmental issues that have been acknowledged in international agreements.
There aren’t many detailed statistics on this, but metrics show that sustainability degrees can be a useful turning stone in one’s career path. Consider the Bainbridge Graduate Institute at Pinchot University in Seattle’s sustainability-focused MBA program.
This study presented the oft-quoted concept of sustainable development as “development that meets current needs without jeopardizing future generations’ ability to meet their own needs”.
By gradually modifying the ways in which we create and use technologies, sustainable development helps us to reuse and expand our resource base. Countries must be able to meet their basic jobs, food, electricity, water, and sanitation requirements.
Environmental policy experts and eco-friendly corporate practices are the domains of sustainability consultants. They advise companies on how to reduce their environmental impact, such as by improving production processes or finding ways to use less oil.
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 but will also manage the entire application process for you. Join us on Facebook, LinkedIn, Instagram and Quora to stay updated with such interesting and intriguing reads.