Overview

Applicants
57
Acceptance Rate
84%
Average Undergrad GPA
3.30
Years Work Experience
5.4
Average Age
28

Test Scores

GMAT (25th and 75th percentiles)
480 - 607.5
GPA
3 - 3.6

Deadlines

Early Application Deadline
January 15

Regular Application Deadline
March 15

Rolling Admission Deadline
July 15

Other Admission Factors

Academic

Essay / Personal Statement
Non-Academic


School Type And Accreditation

School Type
Public

AACSB-approved
Yes

Selectivity Rating

Program Types

Full-Time
Yes

Part-Time
No

Evening
No

Executive
No

Online
No

Faculty Information

Total Faculty
21

60
Full-time
40
Part-time
19
Underrepresented Minorities
19
Female


Students Say

The University of Vermont’s Grossman School of Business uniquely offers a nationally-acclaimed one-year Sustainable Innovation MBA, which directly addresses the current challenges in environment, ethics, poverty and inequality through the lens of enterprise and entrepreneurship. The program was designed at the school from the ground up, enriched by the innovative and green surroundings of Burlington, and “truly incorporates sustainability into its entire curriculum, instead of just adding a couple sustainability classes here and there as saddlebags.” Students take nine months of classes and then complete a three-month practicum in the summer, in which they a have full-time, hands-on experiential engagement with either existing companies or new ventures locally or around the world. A “holistic perspective on social business” and classes taught by “thought leaders focusing on disruptive innovation” round out the intense experience of a UVM SMBA degree, and the subject matter is “very relevant and necessary for navigating the challenges of the future of the global economy.”

All of the professors are “caring of students and experts in their field,” and the majority give “outstanding lectures” and are committed to “superior focus on sustainability, social responsibility and emerging markets” that underlies the mission of the Sustainability MBA. Small class sizes allow for an “all-consuming” environment where “every professor knows each student by name and students develop strong relationships with each other.” This is a new and rapidly growing program and so the administration is constantly facing new challenges, but students feel it is addressing them “well and in a timely manner” via “mandatory director check-ins every module to understand student concerns/experiences.” They “set an excellent tone and culture from the very first day.” Above all, the best thing about the program is “the culture that was created by the directors, professors, staff, and students.”


Specialized Masters

Accounting
Business Administration
Non-Profit Management/Public Administration
Sustainability Management

Certificate Programs

Data Analytics
Healthcare Policy & Regulation
Marketing
Sustainability Management

Specialities of Faculty

Academic specialties of faculty
URL

Sustainable Innovation

Sustainability

Courses in Sustainability
Yes

Sustainability course is
Required

Description
The curriculum is 100% focused on sustainable innovation, which is infused in every course we offer, including courses covering traditional functional areas of business (e.g., Business Strategy for a Sustainable World, Sustainable Brand Marketing, Leading for Sustainable Innovation, Cost Models for the Transformational Enterprise, and Sustainable Operations and Green Supply Chains), and courses that are unique to our curriculum (e.g., Strategic CSR for Transformational Sustainability, Financing a Sustainable Venture, Sustainable Energy Technology and Policy, and Systems Tools for Sustainability). See https://www.uvm.edu/business/simba_beyond_saddlebags.

Research Opportunities in Sustainability
No

Description

School's environmental commitment 1:
It is difficult to choose just three items in terms of the Sustainable Innovation MBA (SI-MBA) Program?s environmental/sustainability commitment since everything we do has this focus and commitment. As evidence, we believe it is salient to point out some of the recognition we have received in the past couple of years that validate last year?s ranking as the #1 Green MBA Program by the Princeton Review: We were named the 8th best MBA Program in the World in the Corporate Knight?s ?Better World MBA? Ranking in 2017. In addition, our program was the 2016 Grand Prize Winner of the Dr. Alfred N. & Lynn Manos Page Prize for Sustainability Issues in Business Curriculum. This recognition reflects the fact that SI-MBA was designed from the ground up to challenge the traditional MBA by integrating global environmental and sustainability challenges into 100% of the curriculum. We’ve fundamentally reinvented business education and the MBA degree by addressing the environment, ethics, entrepreneurship, poverty and inequality.

School's environmental commitment 2:
Practicum Projects are the ?capstone? of the SI-MBA Program and provide the opportunity to integrate and apply all the content from the program in a real-world setting. All of our Practicum Projects focus on the transformation to environmental sustainability and social inclusion through business and entrepreneurship. A selection of Practicums demonstrating our environmental commitment include: 1. A project with Seventh Generation engaging our students in their initiative to develop a landfill-free diaper; 2. A project with Ingersoll Rand focused on developing a new business model for reducing food waste among smallholder farmers through sustainable use of refrigeration and cold chain; 3. A project with Novelis aimed at accelerating the company?s transformation to use of recycled aluminum feedstock as part of their aggressive commitment to reach 80% recycled content by 2020; and 4. A project with Caterpillar, where are students worked with the company to develop a new value proposition and business model focused on restoration of natural infrastructure (e.g. marsh restoration, reuse of dredge material, coastal resilience).

School's environmental commitment 3:
The Gund Institute for the Environment at the University of Vermont is a key partner with our SI-MBA Program. Several of our faculty are Gund Fellows, and the Director of the Gund Institute teaches in SI-MBA. Students from the Rubenstein School for the Environment collaborate with SI-MBA students on projects and initiatives, including engagement of Gund Doctoral Fellows with Practicum Projects (such as those above) that have a significant environmental and natural capital component. As another example, we have worked closely with the Gund Institute on a Practicum involving one of our recent graduate?s start-up company focused on agroforestry, permaculture and tree-cropping as a vehicle for transforming the Dairy Industry in Vermont and beyond.

Career Overview

Average Starting Salary
$63,880
Accepted employment by 3 months after graduation
62%

Finding Jobs & Internships

Source Of Full-Time Job Acceptances
69%
Unknown
17%
School Facilitiated
14%
Graduate Facilitated

Graduates Employed by Area of Practice

47%
Other
20%
General Management
13%
Marketing
13%
Finance/Accounting
7%
Operations/Logistics

Graduates Employed by Region

100%
Northeast

Students Say

The SMBA program looks to prepare its graduates “for a future economy where firms are responsible for much more than just profits.” Connections with business leaders committed to sustainability are incredibly strong—many consulted in the development of the program—and 98 percent of students have jobs within six months of graduation. The companies that recruit here understand that students wish “to use business as a force for good,” leading to happy careers for capable students. Recent employers of Grossman grads include Google, Amazon, General Electric, Goldman Sachs, PWC, KPMG, Boeing, and Morgan Stanley.

There are plenty of “awesome opportunities to engage with the broader community,” and “many people in the state have heard of the program and are excited to meet with students.” People also speak of “the passion of the alumni network,” and the administration provides “good access to the alumni and advisory board.” Burlington is “an amazing community” and locals are “very invested in the success of our program”: “You can call just about anyone and they will meet you for coffee. The number of professional contacts you make in one year is well worth the price of tuition alone.”


Job Function

Job Function % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Other 47% $60,000 $60,640 $31,200 $90,000
General Management 20% $66,400 $66,400 $60,000 $72,800
Finance / Accounting 13% $80,000 $80,000 $80,000 $80,000
Marketing / Sales 13% $72,800 $72,800 $72,800 $72,800
Operations / Logistics 7% $50,000 $50,000 $50,000 $50,000

Industries

Industries % of Grads Seeking Employment Who Accept
Jobs w/in 3 Months
Median Salary Mean Salary Low Base Salary High Base Salary
Non-profit 33%
Financial Services 20% $60,000 $57,067 $31,200 $80,000
Consumer Products 13% $72,800 $72,800 $72,800 $72,800
Petroleum / Energy 13% $80,000 $80,000 $90,000 $70,000
Consulting 7%
Technology 7%

Prominent Alumni

Charlene Begley
Director at NASDAQ

Stephen Penwell
Director of Equity Research, Morgan Stanley

Jodi Goldstein
Managing Director, Harvard Innovation Lab

Cyma Zarghami
President, Nickelodeon Networks Group

Jim Craige
Founding Partner, Stone Harbor Investment Partners

Dates

Application Deadlines
Feb 1

Financial Aid Statistics

Average Aid Package
$23,730

Average Scholarship / Grant Aid Package
$7,824

Students Receiving Some Form Of Aid
36%

All Students Receiving Scholarships / Grants
31%

New Students Receiving Some Form Of Aid
36%

New Students Receiving Scholarships / Grants
31%

New Students Receiving Loans
26%

Tuition Full-Time (per year)

Tuition (In-State)
$32,028
Tuition (Out-State)
$52,976
Fees (In-State)
$2,074
Fees (Out-State)
$2,074

Expenses per Academic Year

Estimated Room And Board On-Campus
$10,082
Estimated Room And Board Off-Campus
$9,992
Academic Expenses
$2,000

Student Body Profile

Total Full-Time Enrollment
41
Part Time
0%

In State
78.0%
Out of State
22.0%
Foreign Countries Represented
0

Demographics

3.00%
Underrepresented Minorities
3.00%
International

17% female
83% male

Campus Life

Students Say

This fiery group is “opinionated” and “especially interested in sustainability and social justice,” as well as being “intellectually stimulating, sincere, hardworking, [and] collaborative.” As a one-year MBA program, students are “in the classroom full-time,” and “the community and inclusion of all students is a big strength.” Students are “a really cohesive group” and “choose to spend a lot of fun time together outside of class,” as there are “plenty of opportunities for extracurricular activities” and “everyone seems to be very happy.” This is a group of “smart critical thinkers and strong speakers”: “Some of us have keen analytical minds, others have strong emotional intelligence, and some have both.” If students are out sick or having difficulties with any subject matter, “other students always reach out to them to help.”

More Information

% of Classrooms with Internet Access
100%

Campus-wide Internet Network
Yes

Internet Access for All Students
Yes

Admissions Office Contact

Contact
Elizabeth Teal
Program Coordinator

Address
339 Ifshin Hall
55 Colchester Avenue
Burlington, VT 05405
United States

Phone
802-656-4611

Fax
802-656-8279

Email
si-mba@uvm.edu


Articles & Advice