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MBA in Sustainability Management: Comprehensive 2024 Guide

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Jagpreet

05 July, 2024

MBA in Sustainability Management: Comprehensive 2024 Guide

There’s a debate on a global level, on whether to incorporate sustainability practices in business management. If you follow a value-driven outlook in developing business strategies, it can be a vital aspect leading to the long-term success of the business. As business organisations have understood the need and benefits of sustainability in business, employers are actively looking for knowledgeable professionals to handle such responsibilities. Moreover, understanding sustainability management and its practicality is crucial for every business leader. Owing to these numbers, the number of candidates applying for an MBA in Sustainability Management has increased. If you are also planning for this field, but are confused about whether to invest your money, learn about this programme in detail and the benefits it has.

We have started by getting a broad idea of an MBA in Sustainability Management.

An Overview of MBA in Sustainability Management

A Master of Business Administration in Sustainability Management is a postgraduate degree of two years. The programme consists of six semesters spread over two years duration. It emphasises developing a sustainable approach for business with the aim to protect the environment and its resources In a way, it teaches how commercial businesses can transform the earth by adopting sustainable techniques. These sustainable practices benefit business growth and help achieve environmental goals. This course broadly covers areas like sustainability and business success, environment management systems, negotiations and leadership skills, environmental physics, and CSR among other areas.

An MBA in SM prepares you to understand the intricacies of environmental protection with the application of innovative technology. Having a strong understanding of sustainability and how to integrate it into business management is a high-demand skill companies look for in managers and leaders.

Benefits of Pursuing an MBA in Sustainability Management

MBA in Sustainability Management is a new field with a promising future globally. Here’s an elaborate look into the benefits of earning an MBA in Sustainability Management.

  • Increasing Demand: Sustainability is a major global concern which increasingly recognised by various industries. This has ignited a growing demand for sustainability professionals at the international level.

  • Accede to Leadership Roles: Sustainability management is an integral part of business strategy. Pursuing an MBA in this specialisation will help you advance your career in leadership positions at a faster pace.

  • Access to Global Opportunities: The sustainability issue is global, therefore, the opportunities you get in this field are global. Moreover, an MBA programme is known for providing a detailed overview of the international market and networking opportunities which aids in seizing lucrative opportunities.

  • Job Security: As countries are focusing on achieving global sustainability goals, companies are bound to adapt to the changes. It reflects the growing scope of this field and the job security that follows in the long term.

Eligibility of MBA in Sustainability Management Course

Before you start your preparation, you must check the eligibility criteria in your desired institution. As every college/university will have different criteria, we have provided some common admission requirements for an MBA in Sustainability Management.

  • You must be a bachelor’s degree holder in any stream from a recognised university

  • You must have scored a minimum of 50% marks in undergraduate or the last qualifying exam. There is a 5% relaxation in marks for reserved category students as per government norms.

  • You need to appear in the entrance exam for CAT/XAT/CMAT/MAT or any other exam accepted by the university. For online mode, entrance exams may or may not be required.

  • Although work experience is not mandatory, some institutions do prefer 1-2 years of experience.

Syllabus for MBA in Sustainability Management Course

Please note that the syllabus and coursework of every institution will be different. We have provided the areas that are commonly covered in this course.

Semester 1 Semester 2
Principles and Concepts of Sustainability  Macroeconomics
Management Concepts  Corporate Social Responsibility 
Social Responsibility  Management Information Systems 
Human Resource Management  Climate Change and Development 
Accounting for Managers Energy Policy and Management 
People Management  Process Safety Management 

 

Semester 3 Semester 4
Business, Natural Ecosystems and Community  Integrated Marketing and Communication 
Rural Banking  Consumer Behaviour 
Project Design and Management for Sustainable Development Practice  ESE Framework and Standards 
Accounting and Finance for Sustainability  Elective Courses
Circular Business Models  Project Work

Top Colleges Offering MBA in Sustainability Management Course

Institution Name  Fee Structure  Rankings & Accreditations 
IIM Mumbai  10th NIRF Rank 2023 (Management Category)
Nalanda University  INR 2,22,000 (full course)
Amity University  INR 1,71,000 (per year)  • UGC 
 • AIU 
 • AICTE
 • 28th NIRF Rank 2023 (Management Category)
IIM Lucknow  INR 10,95,000 (per year)  • AACSB 
 • AMBA
 • 6th NIRF Rank 2023 (Management Category)
SPJIMR  INR 10,00,000 (full course) – PGDM Online   • AACSB 
 • AMBA 
 • NBA
 • 20th NIRF Rank 2023 (Management Category)
Techno India University   • UGC 
 • AICTE 

Scope and Career Opportunities After MBA in Sustainability Management

Sustainability is a diverse and evolving discipline. Just like an accountant and HR professional can apply their skills in almost every industry, sustainability professionals are required by various organisations. This means that sustainability graduates enjoy a multitude of career opportunities. Here are some of the most popular career choices for MBA in Sustainability Management graduates: 

Job Roles  Average Salary 
Sustainability Manager INR 12.7 LPA
Sustainability Director  INR 36 LPA 
Energy Analyst  INR 5.2 LPA
Environmental Compliance Specialist  INR 10 LPA
Business Operations Manager  INR 18.1 LPA
Sustainability Consultant  INR 12.7 LPA
Environmental Health and Safety Manager INR 16.6 LPA

Summing Up

Like any other business sector, sustainability professionals are needed in every major organisation. Although it is still in its growing phase and currently is limited to large business corporations or government agencies, it has a long way to go in the distant future. Therefore, earning an MBA in Sustainability Management is a good option for those aspiring for this domain.

FAQs

Q1. What are the admission requirements for an MBA in Sustainability Management?

The basic admission criteria are that the candidate must hold a bachelor’s degree from a recognised university with 50% marks. You are also required to appear in the management entrance exam like CAT or a separate test conducted by the university.

Q3. What career opportunities are available after completing an MBA in Sustainability Management?

There are various career opportunities you can opt for after this degree. Some of them are Business Operations Manager, Sustainability Consultant, Supply Chain & Logistics Director, Financial Advisor, Environmental Compliance Specialist, etc.

Q4. Which universities offer the best MBA programmes in Sustainability Management?

Amity University, Nalanda University, and IIMs are some of the institutions names which offer MBAs in Sustainability Management.

Q5. What is the average cost of an MBA in Sustainability Management?

The tuition for this MBA specialisation ranges between INR 2,00,000 to 11,00,000 in different colleges.

Q6. How long does it take to complete an MBA in Sustainability Management?

It generally takes two years to complete this degree full-time. Otherwise, you can take a maximum of 4 years to complete it.

Q7. What industries hire graduates with an MBA in Sustainability Management?

An MBA in sustainability management graduate can work in an engineering firm, manufacturing firm, business organisation, NGO, and other such organisations.


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