MEM
Specialization

Business and the Environment

Our Vision

The purpose of this specialization is to help YSE students who are interested in working on environmental issues in for-profit organizations, or in NGOs and public agencies that partner with for-profit organizations, be well prepared to do so. This specialization will be particularly helpful for MEM students with an environmental science or policy background and less experience with business concepts.

Program / Courses

specializations BUSINESS

Purpose and Scope

As the human demand for goods and services continues to grow, businesses face increasing risks to the resource systems on which they rely – from materials, to energy, water, food, climate and biodiversity. Many businesses also create pollution and waste, imposing costs and risks on the communities in which they operate.
 
Not only do these risks drive a search for greater productivity in resource use, they also create opportunities for entirely new businesses to develop – offering new materials and approaches to meeting human needs in ways that are supportive of resilient resource systems. As a result, increasing numbers of companies are seeking to hire graduates who bring both scientific and business knowledge to addressing these risks and opportunities. At the same time, as environmental organizations continue to grow, more and more of them are looking to business for examples of financial, organizational and operational models to improve their effectiveness.
 
The purpose of this specialization is to help YSE students who are interested in working on environmental issues in for-profit organizations, or in NGOs and public agencies that partner with for-profit organizations, be well prepared to do so. This specialization will be particularly helpful for MEM students with an environmental science or policy background and less experience with business concepts.
 
The specialization starts with two core classes that lay out the principles around which businesses are organized and managed. From there, students tend to gravitate toward work that is focused on either (a) companies that make things or (b) businesses that finance such activities. Quantitative skills will be important to both areas of work. As such, students are required to take four electives from a designated set, including at least one from the quantitative group.

Note that a capstone course used to fulfill the MEM capstone requirement cannot also be used toward fulfilling an MEM Specialization requirement; a capstone course taken once cannot be used to fulfill multiple requirements. Learn more about YSE capstone courses by visiting the MEM Capstone page.

Specialization Coordinators: Marian Chertow, Brad Gentry

Core

Two required courses.
Course Fall 2021 Spring 2022 Fall 2022 Spring 2023
ENV 807
Corporate Sustainability Strategy and Management
Chertow
M,W 9:00-10:20
  Esty  
MGT 502/ACCT 270
Foundations of Accounting and Valuation
       
 

Electives

Students must take four courses from the lists below, including at least (a) one Quantitative course or one Finance course and (b) one from the list of Additional Electives.
 

Quantitative

Course Fall 2021 Spring 2022 Fall 2022 Spring 2023
ENV 603
Environmental Data Visualization & Communication
Queenborough
M 9:00-11:50
    Queenborough
ENV 617
Real World Environmental Data Science
Grewal
Tu 2:30-5:20
         
ENV 728
Introduction to Statistics and Data Analysis in the Environmental Sciences
Reuning-Scherer
Tu,Th 2:30-3:50
  Reuning-Scherer  
ENV 753
Regression Modeling of Ecological and Environmental Data
Gregoire
M,W 10:30-11:50
  Gregoire  
ENV 758
Multivariate Data Analysis in the Environmental Sciences
  Reuning-Scherer
  Reuning-Scherer
ENV 795
Nature as Capital: Merging Ecological and Economic Models
          Fenichel
ENV 811
Metrics, Tools and Indicators in Corporate Responsibility
  Tentative
  Tentative
 

Finance

Course Fall 2021 Spring 2022 Fall 2022 Spring 2023
ENV 635
Renewable Energy Project Finance
  Gross
  Gross
ENV 684
Forest Finance
  Spalding
Spalding  
MGT 842
Financing Green Technologies
       
 

Additional Electives

Other courses or independent projects may be used to satisfy elective requirements subject to approval of the faculty coordinator of the specialization.
Course Fall 2021 Spring 2022 Fall 2022 Spring 2023
ENV 622
Decarbonizing Pathways to Limit Climate Change
  Faculty
  Tentative
ENV 641
Market-Based Mechanisms for Water Management
Kruse
Tu 1:00-3:50
         
ENV 659
The Practice of Silviculture: Principles in Applied Forest Ecology (Friday field trips)
  Ashton
  Ashton
ENV 742
Fundamentals of Working with People
  DeCew
  DeCew
ENV 800
Energy Economics and Policy Analysis
  Gillingham
  Gillingham
ENV 814
Energy Systems Analysis
Rao
M,W 9:00-10:20
  Rao  
ENV 819
Strategies for Land Conservation
  Gentry
  Gentry
ENV 824
Environmental Law and Policy
Klee
M,W 10:30-11:50
  Klee  
ENV 838
Life Cycle Assessment
  Faculty
  Tentative
ENV 884
Industrial Ecology
Yao
M,W 10:30-11:50
  Faculty
Tentative
 
ENV 894
Green Building: Issues and Perspectives
Yost
F 9:00-11:50
  Faculty
Tentative
 
ENV 953
Sustainable Business Capstone Consulting
Boyd
M,W 1:00-2:20
  Boyd
Tentative
 
ENV 958
Sustainable Business Capstone Consulting Clinic- Entrepreneurs
  Boyd
  Boyd
ENV 982
Green Engineering and Sustainability
          Zimmerman
MGT 525
Competitive Strategy
       
MGT 532
Business Ethics
       
MGT 541
Corporate Finance
       
MGT 557
Design and Marketing of New Products
       
MGT 635
Venture Capital and Private Equity Investment
       
MGT 862
Introduction to Responsible Business
       
MGT 872
Managing Sustainable Operations
       
MGT 873
Supply Chain Management
       
MGT 893
Non-Market Strategy