Dual M.S.-MBA Degree in Sustainability Management

The dual MS-MBA degree is designed for students from a variety of disciplinary backgrounds, such as engineering, science, business, management, finance, architecture, planning, communications, social science, policy, and law who are interested in honing their business and management skills offered by the MBA program while pursuing a STEM graduate degree in sustainability. The students will earn two separate Master’s degrees at completion of this dual degree program.

This dual program offers an exceptional combination of management skills with deep and practical knowledge of the technical aspects of the sustainability. In-depth training in strategic management enables the graduates of the dual program to evaluate and implement sustainability-related projects from financial and managerial perspectives. The program emphasizes development of sustainable models for business operations, i.e., promoting economic and business development without damaging the environment, and implementation of practical solutions inside of organizations resulting in cost-saving through sustainable practices.

Students in this program benefit from close interaction with an internationally recognized faculty body with diverse educational and professional backgrounds both in the School of Engineering and Science and in the School of Business; from the hybrid format of many classes; summer classes; and networking opportunities with industry and government experts via participation in the weekly Sustainability Seminar Series. Hands-on training is emphasized in the program to prepare students for life after graduation, which includes a standalone training module in sustainability consulting as part of the capstone project course. The program requires industry mentors to work directly with students on their capstone projects; students are connected with senior professionals from local/regional companies who act as their guides. Graduates of the program will be well positioned to devise sustainable business strategies; form new ventures and startups on sustainability; join leading management consulting firms; and lead sustainability projects and initiatives within midsize or large corporations or with a government institution.

Dual MS-MBA Degree in Sustainability Management Requirements

Core Courses (MS - 24 hours)

SM 501Seminar in Sustainability Management

1

SM 510Perspectives in Environmental Management

3

SM 515Statistical Methods in Sustainability

3

SM 530Sustainable Business Strategies

3

SM 520Environmental Assessment

3

SM 587Environmental Law and Management

3

SM 531Sustainable Development

3

SM 690Project in Sustainability Management

3

SM 501: 1 credit course repeated for 3 semesters

SM 690: Capstone

Core Courses (MBA - 36 hours)

FIN 500Financial and Managerial Accounting

3

BIA 600Business Analytics: Data, Models & Decisions

3

MGT 606Economics for Managers

3

MGT 609/PME 609Project Management Fundamentals

3

MGT 612Leader Development

3

FIN 623Financial Management

3

MGT 635Managerial Judgment and Decision-Making

3

MGT 641Marketing Management

3

MGT 657Operations Management

3

MGT 663Discovering and Exploiting Entrepreneurial Opportunities

3

MGT 696Human-Centered Design Thinking

3

MGT 699Strategic Management

3

Requirements

The program can be completed by full-time students in 2 years including Summers as follows. Part-time students will need more time.

Fall 1 (13 Credits)

SM 510Perspectives in Environmental Management

3

SM 515Statistical Methods in Sustainability

3

FIN 500Financial and Managerial Accounting

3

MGT 606Economics for Managers

3

SM 501Seminar in Sustainability Management

1

Spring 1 (13 Credits)

SM 530Sustainable Business Strategies

3

BIA 600Business Analytics: Data, Models & Decisions

3

MGT 612Leader Development

3

FIN 623Financial Management

3

SM 501Seminar in Sustainability Management

1

Summer 1 (6 Credits)

MGT 609/PME 609Project Management Fundamentals

3

MGT 657Operations Management

3

Fall 2 (13 Credits)

SM 531Sustainable Development

3

MGT 635Managerial Judgment and Decision-Making

3

MGT 641Marketing Management

3

MGT 696Human-Centered Design Thinking

3

SM 501Seminar in Sustainability Management

1

Spring 2 (12 Credits)

SM 520Environmental Assessment

3

SM 587Environmental Law and Management

3

MGT 663Discovering and Exploiting Entrepreneurial Opportunities

3

MGT 699Strategic Management

3

Summer 2 (3 Credits)

SM 690Project in Sustainability Management

3

The objectives of the program are to train the students such that:

they develop basic skills in management as well as the ability to integrate managerial and technical aspectsof sustainability at various levels of their organization,

they are knowledgeable in current sustainability practices and can apply that knowledge toward optimal decision- making process,

they are capable of integrative thinking to holistically analyze a sustainability problem,

they develop qualitative and quantitative analytical skillsets in the area of sustainability management, such as sustainability data analysis, evaluation of sustainability aspects of technology applications, etc.,

they develop strong written and oral communication skills and are able to communicate the value of sustainability to both technical and lay audience,

they understand the value of professionalism and the code of ethical conduct.

3 to 6 years after graduation, students will be able to:

Head an organization’s sustainability program as Sustainability Manager. Sustainability managers find jobs in business, non-profit and public sectors (municipal, state, or federal government). They lead the corporate social responsibility team in a medium or large company or work in the sustainability and environmental management sections of management consulting firms.

Establish new ventures and startups offering sustainability services as sustainability consultants.

Pursue further studies: Based on their disciplinary backgrounds, students with this degree may decide to pursue a Ph.D. and join academia as a researcher and/or faculty member (e.g., Ph.D. in Sustainable Development, Sustainability Science, or Sustainability Management with focus on finance, marketing, or operations management). Other requirements may be necessary for PhD application.

Students graduating with an MS-MBA Sustainability Management are expected to develop in-depth insights required for critical thinking in pursuing deeper understanding and concomitant solutions to important sustainability problems. Specifically, the graduates will:

Develop basic skills of management as well as gain knowledge of analytical methods for approaching organization problems.

Be able to integrate managerial and technical aspects of sustainability.

Demonstrate fluency in the current body of knowledge in sustainability and apply that knowledge toward optimal decision-making process in their respective field of practice.

Exhibit proper use of integrative thinking in order to holistically analyze the relationship between human activity and the natural, social, and economic environments.

Integrate sustainability at various levels in their organizations.

Acquire both qualitative and quantitative analytical skills and apply those skills in solving sustainability- related problems in the context of their professional interests and expertise.

Evaluate the sustainability of current and future technology applications.

Able to perform sustainability data management.

Possess high quality written and oral communication skills to efficiently communicate complex sustainability issues to a varied audience.

Demonstrate high level of professionali

Admission into the dual MS-MBA degree program in Sustainability Management requires an undergraduate degree in science, engineering, business, management, architecture, planning, social science, communications, law, policy or any other relevant discipline with a grade point average of “B” or better from an accredited college or university, as well as an acceptable GRE/GMAT score. The degree program caters to the interests of new graduates; early- to mid-career professionals in sustainability related fields who can use formal training in sustainability for career advancement; and individuals wishing to make a career change from any other field to the exciting area of sustainability management.

Despite tremendous student interest in sustainability education in business and management in the Tri-state area, there is no program at present in Stevens which offers that option. This dual program will fill that void taking advantage of existing faculty synergy between the two schools without an immediate need for creating new faculty lines.

Some of the MS courses will be taught by existing Stevens faculty; for example, the program director, Dr. Sarkar will teach 3 core courses: Perspectives in Environmental Management, Project in Sustainability Management, Seminar in Sustainability Management. Some other MS courses will be taught by industry experts. Many of the MBA courses will be taught by full-time SoB faculty as part of the existing MBA program. A few of them will be taught by industry experts.

All courses will be offered in evenings. Courses will be offered in traditional in-class format as well as in online and hybrid formats to promote a flexible learning environment. Summer courses will be offered.

Hands-on training is emphasized in the program to prepare students for life after graduation, which includes a standalone training module in sustainability consulting as part of the capstone project course. The program requires students to work directly with industry mentors on their capstone project; they are connected with senior professionals from local/regional companies who act as their guides.

What semester is it planned that the program will first be offered: Fall 2018

Admissions: Admission decisions for the dual program will be decided upon jointly by the two directors listed below for students. Students who are accepted into one program and then decide to do the dual program can apply for the second program after consultation with the program directors.

SES-MS: Dr. Dibyendu “Dibs” Sarkar, Professor of Environmental Engineering, and Director, Sustainability Management MS Program, Department of Civil, Environmental, and Ocean Engineering, School of Engineering and Science, 201-216-8028, dsarkar@stevens.edu

SoB-MBA: Dr. Brian Rothschild, Graduate Management Programs Director, School of Business, 201-216-3677, brothsch@stevens.edu