Georgetown McDonough MBA Launches Certificate in Sustainable Business
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As companies competing in the 21st century embrace environmental, social and governance (ESG) programs and integrate these strategies throughout their businesses, Georgetown University’s McDonough School of Business is launching an MBA Certificate in Sustainable Business to prepare graduates to address urgent environmental and societal challenges that affect companies’ operations and business models.
The certificate will be open to both Full-time and Flex MBA Program students in the spring of 2020. It offers students the opportunity to hone their ability to lead and manage organizations that are both profitable and sustainable through the lens of ESG.
“Companies understand the need to incorporate sustainability approaches into all business functions in response to changing consumer demand, shifting employee interests, increased volatility in supply chains, greater exposure to public scrutiny, and other factors,” said Vishal Agrawal, Provost’s Distinguished Lapeyre Family Associate Professor and academic director of the certificate. “It is imperative that our MBA students understand how to assess and identify these challenges and opportunities as they assume management and leadership positions after graduation.”
The MBA Program developed this interdisciplinary certificate in collaboration with Agrawal and the school’s Business for Impact initiative. The development of the certificate was partially supported by a grant from Georgetown University’s 2019 Laudato Si’ Fund.
“A heightened curricular focus on sustainable business supports Georgetown McDonough’s goal to educate students to be responsible business leaders,” said Paul Almeida, dean and William R. Berkley Chair. “The certificate reflects Georgetown McDonough’s focus on educating our students in ways that can help them enhance their own success, help businesses achieve their goals and at the same time make the world a better place.”
Students who elect to enroll in the certificate program will take a 10.5-credit sequence of integrated MBA core and elective courses to build understanding of challenges and opportunities related to business sustainability and how to address them. Upon graduation from the MBA Program, students will receive a notation on their official university transcript along with a certificate of completion.
The school has two elective courses that are fundamental to the program:
- Environmentally Sustainable Operations and Business Models, which takes on a business-oriented perspective by focusing on voluntary or economically motivated sustainability considerations and initiatives.
- Corporate Social Responsibility, which focuses on the relationship between business, society, and the environment, and its evolution to ESG in its most current form.
MBA students will be able to apply for the program starting January 2020. For more information, visit this website.