MBA in Sustainibility
After graduating with this two-year postgraduate degree students will gain the skills and knowledge to manage the problems of the environment while balancing ecological requirements and the profitability of the firm. This course provides a wide array of courses such as Principles and Concepts of Sustainability, Climate Change and Development, Sustainability Reporting, Corporate Social Responsibility, Strategies for Sustainable Business, Business and Natural Ecosystems, and Accounting and Finance for Sustainability. These courses enable the appreciation of the importance of resource management and optimization without compromising profitability or competitiveness for business long-term viability. In addition to the regular course, summer internships project work and fieldwork are also included in the program. This will help the students attain practical experience in addition to theoretical knowledge.
A minimum cumulative score of 50% or higher or an equivalent CGPA from an accredited university is a prerequisite for admission to this program. Students must pass MBA entrance exams like the CAT SNAP XAT and GMAT to be admitted to the course. Most of the universities in India will accept these entrance exam scores to qualify students for admission. However, some of the colleges conduct their entrance exams to qualify students. After submitting entrance exam scores students must appear for group discussion and personal interview rounds to qualify for admission.
The fee structure for this course in different universities ranges from ₹ 11.80 Lakhs to ₹ 23.34 Lakhs. The fee varies according to the duration of the course in different colleges.
Deloitte, Accenture, IBM, Google, TCS, KPMG, Sustainable Square and many other deemed firms are the top employers for the Sustainability Management MBA program. They offer an average income of ₹ 5.00 Lakhs per annum to ₹ 30.00 Lakhs per annum for different job profiles, such as supply chain manager, Business Operation Manager, Sustainability Consultant, Supply Chain and Logistics Director and many others.
Highlights
Here is some important information regarding the management degree in Sustainability Management. Students aspiring to have a degree in Sustainability Management can refer to the information given below. This information includes the program name and duration of the program in most of the universities. Important information like eligibility criteria, admission process and the entrance exams required to take the admission have also been given.
- *Note -Fees and Average packages for other colleges apart from the ones given in the table may vary accordingly.
What is an MBA in Sustainability Management
Professionals with an MBA in Sustainability Management are better equipped to advance social and environmental change within organizations. Combining traditional business principles with an in-depth understanding of sustainability, the curriculum also focuses on strategic decision-making that balances profit with an equal impact on the environment and society. With more experience in fields such as sustainable supply chains corporate social responsibility, green innovation and ethical leadership students learn to tackle global issues including social inequity resource depletion and climate change.
Graduates are well-prepared to lead companies in industries like energy banking and consulting. With growing demand from organizations to meet sustainable goals, an MBA in Sustainability Management offers a roadmap to enhance a graduate’s career.
The MBA Sustainability Management program has many subjects in common with other MBA specialisations. These courses include marketing, human resources, accounting, operations, economics and many others. The subjects, specific to this program are social responsibility, social capital, social investments, public policy community development and environmental development. MBA in Sustainability Management graduates help to enhance the generation of goods and services with a positive social and environmental impact.
Outcomes of the program MBA in Sustainable DevelopmentStudents will learn the following after completing the degree in MBA in Sustainability Management:
- Students will be able to design and implement important business plans. These plans will be based on financial, marketing and sustainability strategies.
- Students will be able to make good decisions considering social and environmental prospects.
- Practical application of economic, management and sustainability concepts and practices.
- Tools methods and frameworks for developing critical thinking & communication skills.
Subjects/Syllabus Covered
Companies nowadays are realizing the importance of enabling sustainable strengthened practices into business activities to ensure profit and safeguarding environmental practices. MBA Sustainability Management in India aims to prepare students with the skills to handle the challenges in the business world. These skills include managerial skills as well as social and technical skills. Various courses in the program help students understand the importance of managing and optimizing resources without sacrificing profitability and environmental needs.This helps to achieve long-term business goals. These courses include Principles of Sustainability, Climate Finance and Carbon Markets, Sustainability Reporting, Environmental Data Collection & Analysis, Sustainable Energy & Carbon Management, Marketing Management for Sustainability and Business Certification & Audits for Sustainability.
Eligibility
The admission criteria for the MBA in Sustainibility Management are discussed below:Students should have a bachelor's degree or an undergraduate degree in any discipline from a recognized university. A passing percentage of 50% or equivalent CGPA is acceptable.
For students under the reserved category ( OBC/SC/ST) 5% relaxation is offered from the mandatory passing percentage.
Students can apply in their final year after submitting a no objection certificate from the principal.
A score of 60% or more is required for admission to top universities like IIMs and IITs.
Students must have a great score on the entrance exam if they aspire to be admitted to the top colleges.
Entrance Exam
In India, various entrance examinations are conducted to get admission to top management colleges. These are as follows:-
CAT: CAT is also known as the Common Admission Test and is one of the most common entrance exams. It is conducted every year in India for admission to Management colleges. Students aspiring to be in top management colleges must get a high score in CAT. The three different sections include Verbal Ability, Reading Comprehension, Data Interpretation, Logical Reasoning and Quantitative Ability. The period of the exam is 120 minutes.
MAT: MAT is also called the Management Aptitude Test and is a standardized test. It is conducted every year to facilitate Business Schools to screen candidates for admission to MBA programs. The period of the exam is 120 minutes.
GMAT: The GMAT, also known as the Graduate Management Admission Test, is an online exam conducted every year by GMAC for students to qualify for admission to MBA programs. It is for universities in India and abroad. This exam can be taken multiple times in a year. It lasts 2 hours and 15 minutes.
CMAT: The CMAT, also known as the Common Management Aptitude Test, is a 180-minute national-level examination conducted by the NTA every year.
XAT: The Xavier School of Management administers the XAT exam which is open to final-year students and those with bachelor's degrees. The period of the exam is 180 minutes.
Some entrance exams are conducted on a university basis. Some private universities conduct their entrance exams to qualify students for admission.
Admission Process
The steps that the admission process for an MBA in Operations Management includes are as follows:-
Students must fulfill the admission criteria which usually include a bachelor's degree with a minimum passing percentage of at least 50%.
Few of the colleges/ universities have criteria that demand at least one year of relevant experience. Experience is important to understand management studies. The individuals can acquire the skills better for their advancement in the future.
Students need to pass entrance exams like CAT, CMAT, XZAT, SNAP, GMAT and other private university-based examinations depending on the requirements of different universities. Depending upon the cut-off or the score admissions will be provided in this course.
All invited candidates have to fill up the online or offline admission form and attach all required papers, including their Aadhar card number proof of address proof of residency grade sheets of classes 10 and 12 and graduation grade sheet.
After clearing the entrance exams needed by the respective universities students need to appear for the group discussion round and the personal interview round. These rounds are conducted to assess student’s communication skills and problem-solving abilities.
The final selection in the universities is based on the overall score that will be calculated depending on the entrance exam score GD/PI performance and work experience.
The results of the entrance exam and interview determine who finally gets admitted into the MBA program in public policy. Colleges may have different degrees of importance assigned to the entrance exam and interview results.
The students can go through the documents with the institution before paying the costs and can enroll in the classes further.
List of Colleges with specialisations in Sustainability Management / Specialised PGDM/MBA in Sustainability Management - Fees
The college names mentioned below are the top colleges for an MBA in Sustainability Management, according to the NIRF Ranking. The table includes government and private colleges. Government college includes IIM Mumbai with a fee of ₹14.0 lakhs. The private colleges mentioned include the XIM University, Bhubaneshwar. These colleges offer a 2-year PGP/ MBA in Sustainability Management. The table highlights the program names, duration and fees for all the colleges. To learn about more colleges that offer this program, the students must go through the table.
Colleges with specialisations in Sustainability Management/ Specialised MBA/PGDM in Sustainability Management: Average Package
The table below mentions the average package of the leading colleges after graduating from the program MBA in Sustainability Management.
Job Prospects for MBA in Sustainability Management
MBA in Sustainable Development provides a good placement opportunity for students in India and all over the world. A degree in Sustainability Management offers an exciting career path for graduates nowadays. After marketing and operation management sustainability is the most popular recruiting specialization in India right now. Among the top industries where graduates can find work are supply chain management, logistics and distribution, operations planning, service operations management and consulting. Among the leading employers of recent graduates with an MBA in Sustainable Development are Deloitte, Accenture, IBM, Google, TCS, KPMG, Ernst & Young and Sustainable Square. Students can work as sustainability consultants, supply chain and logistics directors, financial managers logistics managers and more.
Future Scope
The MBA program in Sustainability Management in India enables graduates to pursue a vast variety of careers and excel in their respective fields. This is because it offers some of the most interesting options to work in numerous industries. These industries include Education, Environmental Planning, NGOs, Research, automobile industries and healthcare industries. Students have a choice either to work or continue their education. MBA in sustainability management graduates is growing as a result of firms dealing with societal and environmental issues.
Students with a degree in sustainability management provide the individual with the skills needed to respond to environmental needs along with the rise in business ventures. Students after completing the degree can help provide good productive initiatives within organizations. This is by infusing ESG concerns into the strategic, operational and decision-making processes of businesses. Proper and effective use of sustainability principles will lead to profit maximization for both business and stakeholders. Therefore, graduates with this degree are highly demanded.
Many large companies are sustainability leaders because of their zero waste policy, ongoing innovation and focused approaches to achieve sustainable development goals and safeguard human rights. Such practices are supported by financial commitments and a strong desire to protect the organization's integrity. This is why businesses need professionals who can manage environmental, social and governance (ESG) risks. There has been a rise in ESG job opportunities. By grasping such opportunities graduates with a sustainability management degree can uplift their career and also help in bringing a change towards a more sustainable future.
Conclusion
This field of MBA has emerged as a cornerstone of resilience, competitive advantage and modern organizational theory. Incorporating sustainable practices will help the organization harmonize economic growth and social equity. In this era of finite resources and escalating global challenges, the program teaches students how to ensure long term viability.
This program teaches the major concepts such as ESG ( Environmental, Social and Governance. It also trains students about the triple bottom line (people, planet, profit) and the UN sustainable development goals.
Therefore, this program is the right combination of making money while not harming the environment and working towards the common goals of society. An MBA in this program trains the students in all such aspects. This helps them outperform in the corporate sector thereby, helping them climb the ladder of success more quickly.
FAQ for MBA in Sustainibility
A1) After completing an MBA in Sustainability Management one will have an extensive number of profit-making career options ranging from climate technology, social impact assessment, climate communications, eco-innovation, investments and leadership and many others.
A2) The full form of ESG is Environmental, Social and Governance.
A3) Students with ESG certifications always stand out as they are aware of the environmental, social, and governance aspects of the different business world. Students can choose different career paths like risk managers, CFA chart holders, financial advisors and many more.