Sustainable Innovation MBA

All students must meet the Requirements for the Master's Degree

Overview

The Sustainable Innovation MBA program at the University of Vermont is an accelerated, full-time, 12-month program (August- to-August) that includes a three-month summer practicum project focused on sustainable business initiatives within existing companies or entrepreneurial ventures. This innovative and award-winning program was designed by faculty from the AACSB-accredited Grossman School of Business to prepare individuals to create profitable and sustainable business opportunities in a world undergoing transformational change. The Sustainable Innovation MBA aims to develop the next generation of leaders who will transform, disrupt, innovate, and build sustainable business and enterprises in a world that demands it.

The program requires the successful completion of 45 credit hours, which are structured across an online course taught in August, 4 modules that each comprise multiple courses taught over a 7-8 week period, and a 3 month summer practicum project. All courses cover topics and tools for sustainable innovation to create profitable business models that address social and environmental challenges, and help build a more inclusive, resilient, and sustainable economy. Courses and other co-curricular experiences are delivered by faculty and thought leaders drawn from the Grossman School of Business, other UVM units, Vermont Law School, and the local and global business communities.

All students take the same courses at the same time (with a few exceptions for students who complete the Sustainable Finance and Impact Investing Track). Given the nature of this accelerated one-year MBA program, students are expected to be engaged in their coursework on a full-time basis.

Specific Requirements

Requirements for Admission to Graduate Studies the Degree of Master of Business Administration

Admissions preference will be given to applicants who have 3 or more years of work experience in for-profit, non-profit, and/or government positions. Applicants with international exposure, and entrepreneurial and/or managerial experience are especially encouraged. Strong candidates for admission will have scored higher than 500 on the GMAT, or equivalent on the GRE, and those scoring higher than 550 are preferred (the GMAT/GRE requirement can be waived for qualified candidates who have successfully completed a graduate degree; and those who have completed, or are in the final year of completing, an undergraduate degree at UVM with a major or minor in Business Administration within the last 5 calendar years). The ideal applicants will have earned a GPA of 3.0 or higher on a 4.0 scale in their undergraduate program, and will possess a command of the English language (applicants for whom English is not their primary language must have a minimum TOEFL score of 90 or a IELTS score of 6.5). Application requirements also include letters of reference and a statement of purpose.

The Sustainable Innovation MBA program offers one elective track in addition to its core curriculum: the Sustainable Finance and Impact Investing Track. Applicants to this track must first meet the admission requirements to The Sustainable Innovation MBA program. In addition, applicants should have expertise in finance gained through an MS degree in finance, the completion (or near completion) of the CFA process, or a strong undergraduate degree in finance coupled with significant professional experience. Please connect with the program leaders to learn more about the track.

Minimum Degree Requirements

To support the success of a diverse student body with varying levels of prior exposure to basic but core quantitative skills in business statistics, microeconomics, accounting, finance and spreadsheets, the program covers the cost of a required Math MBA course (www.mbamath.com). Admitted students who have paid their nonrefundable deposit are invited to begin this self-paced, online, and non-credit bearing course as early as June 1 of the year in which they enroll in the program. Before the start of Module 1 in late August, each student is required to achieve 60% or higher on each Math MBA quiz, and an average quiz grade of 75% or higher. (All tutorials and quizzes can be revisited and completed multiple times, and in any order.) In exceptional circumstances, timeline extensions to meet these requirements can be granted at the discretion of the program Director. In the unlikely event that the Math MBA course is discontinued, the program Director has the discretion to require the completion of a comparable online course or to waive this requirement entirely.

Required courses:

MBA 300Business Fundamentals1
Module 1
MBA 301Foundations of Management10
World Challenges: Physical and Social Realities
Business Strategy for a Sustainable World
Finance for Innovators I
Sustainable Brand Marketing
Teamwork and Collaboration for Sustained Innovation
Business Economics
Sustainability Toolkit I
Module 2
MBA 302Bldg a Sustainable Enterprise9
Entrepreneurial Family Business
Crafting the Entrepreneurial Business Model
Marketing Decision Making Under Uncertainty
Leading for Sustainable Innovation
Finance for Innovators II
Cost Models for the Transformational Enterprise
Initial Framing of the Practicum Project
Module 3
MBA 303Growth of Sust Enterprise9
Strategic CSR for Transformational Sustainability
Sustainable Operations and Green Supply Chains
Law as a Framework for Entrepreneurial Business
Business Sustainability and Public Policy
Financing Sustainable Venture
Module 4
MBA 304Focusing on Sustainability9
Technology Commercialization and Entrepreneurship
Driving Innovation from the Base of the Pyramid
Entrepreneurial Leadership and Mindset
Driving Sustainable Change
Sustainable Energy Technology and Policy
Systems Tools for Sustainability
Sustainability Toolkit II
Module 5
MBA 305Sus Entrepreneurship in Action7

Comprehensive Examination

Successful completion of the summer practicum in Module 5 will be considered as fulfilling the Graduate College requirement that all Master's degree students pass a comprehensive examination in their field of specialization.

Requirements for Advancement to Candidacy for the Degree of Master of Business Administration

Successful completion of courses, and at least 15 graded graduate credits with a 3.00 GPA or better, including all core courses.