In the past two decades the global landscape has undergone a transformational change in shaping governance models and mechanisms. The rapid economic g
In the past two decades the global landscape has undergone a transformational change in shaping governance models and mechanisms. The rapid economic growth paradigm coupled with rising income levels has been one of the key drivers of change in lifestyles, consumption patterns and attitudes as well as transforming the lives of hundreds of citizens across the world. The recent financial crisis along with global environmental challenges like climate change, energy security , water shortages, food security and social inequities have all been pointers to a new direction that is needed for taking the world on a sustainable growth path.
Moving ahead the world is faced with a resource cum carbon constrained situation. For global businesses to be truly competitive companies must work towards developing solutions that are not only resource efficient but also low polluting and growth oriented. According to the 2013 United Nations Development Program (UNDP) Human Development Report emerging economies like Brazil, India and China are projected to account for as much as 40 % of global output by 2050.In this context, with sustainability high on the agenda of global businesses.
The importance of environment and sustainability as major corporate governance issues has further induced corporate India to be involved with setting up and building capacity in Institutions through curriculum development, industry mentorship, research and consultancy. Industry professionals and companies have also been involved in setting up of niche driven academic programs at Universities and Business schools.
As part of the continued efforts to focus on global issues in Business, the Institute in 2009, created an industry focused Business initiative on global Energy and Environment issues through a two year full time MBA program. The program now it’s in seventh year lays strategic emphasis on some of the current global challenges in sustainability with reference to sectors like corporate sustainability and business strategy, sustainable energy development, conventional energy (coal, oil /gas), renewable energy financing, energy and power economics, carbon markets and trading, energy management, environmental assessments, sustainable infrastructure etc. Apart from formal teaching methods the program also brings in innovative methods of pedagogy through experienced in house faculty and visiting faculty consisting of eminent industry experts and academicians. Being an industry focused course there is added emphasis on curriculum development, industry mentorship, research and consultancy in emerging areas of energy and environment. Students who pass out from this course have a complete understanding of managing complex issues from a global sustainability perspective. They assume diverse roles in industry in varied disciplines e.g. Sustainability managers In Industry ,renewable energy managers, carbon finance specialists, environmental risk management specialists, GIS analysts , energy management specialists, green building consultants etc.
SIIB ‘s key strength and USP lies in integrating global energy development and environment concerns and building a new generation of business leaders with managerial, economic, legal and relevant technical competence to provide the crucial link between the world of technology, business and sustainable development.
The major courses at the Institute are interdisciplinary in nature and integrated across major focal areas related to Sustainability. These include a depth level understanding of issues, technologies and policies related to sustainability at the International level and the evolving thought process on sustainability in business, the wider regional, national and global economy and key sustainability impacts on local communities.