Emory University

     

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Emory University 1300 Clifton Road
Atlanta, GA, 30322
United States
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Demographic Information

Number of full-time MBA students (2011): 

212

Number of part-time MBA students (2011): 

111

Total duration of full-time MBA program: 

16 months

MBA faculty (Fall 2010): 

93

Females as percent of student body: 

31%
Who Are the Students? See what percentage of the 2010-2011 graduating class came to this MBA program from the private sector, the non-profit sector and government jobs
 
Private Sector (91%)
 
Non-profit (5%)
 
Government (4%)


Description of MBA Program: 

The School addresses the social, ethical and environmental issues in business primarily, though not exclusively, through Social Enterprise @ Goizueta.  The focus of Social Enterprise @ Goizueta is that of applying business acumen and market-based solutions to achieve meaningful and enduring societal impacts.  By actively working across the social enterprise spectrum – from philanthropic (non-profit) through hybrid (blended value) to commercial (double/triple bottom line for-profit) organizations, we are actively engaging students in important conversations and debates that are taking place in business schools around the world.

Our various activities both in and outside the classroom seek to provide the Goizueta community with opportunities to address important social, ethical and environmental issues with creative business and market-based solutions that can add value to a wide array of mission-driven nonprofit and for-profit organizations.

In our research activities, we seek to identify and illuminate the factors that induce and impede the realization of important societal impacts (i.e., poverty reduction and environmental sustainability) using market models and/or business models and acumen.

In our teaching activities, we seek to educate our students in how business acumen can be applied to address a wide range of challenges. We are providing Goizueta students with experiences that deepen their understanding of, and their ability to enhance the effectiveness of organizations striving to achieve meaningful social impacts.

Here, Social Enterprise @ Goizueta is guided by two driving principles. We aim to advance educational opportunities for our students, while having positive impacts on our social enterprise partners as we engage in the local and global community to provide sustainable solutions to society’s most pressing challenges.

Student led activities offer ample access to active leadership roles at the School and in the community, enabling students to gain firsthand experience with the myriad of  social, ethical and environmental challenges most organizations face today.
 



How does the MBA program 'walk the talk' of social and environmental impact?: 

Emory's sustainability vision is to help restore the global ecosystem, foster healthy living, and reduce the University's impact on the local environment. Progress will be measured using the environmental, economic, and social "triple bottom line" of sustainability.



The following are several of the key sustainability initiatives at Emory:

    * Green Building and Greenspace Protection

    * Energy Conservation

    * Waste Minimization

    * Water Conservation

    * Sustainable Food

    * Commute Options

    * Encouraging a connection to the natural world through a program called Emory as Place.



Details of the programs are on the website: http://sustainability.emory.edu/page/1038/Overview



We can monitor our progress at Emory on the dashboard:

http://sustainability.emory.edu/html/dashboard/index.html

Academic Department

Course Name: Catalyzing Social Impacts
Instructor: Peter Roberts

In this course, Goizueta MBA students gain valuable experience developing creative solutions to the complex challenges currently faced by individuals and organizations striving for meaningful social impacts. While conducting structured, detailed and systematic research that addresses real-world problems faced by our client partners, students are exposed to the many experiments and ideas that relate to their projects. They then apply the skills that they are learning in business school to develop innovative solutions that, when applied, address the assigned problems and therefore make visible contributions to the lives that are touched by our clients and their projects.

Our clients benefit from exposure to this research, as well as the insights and recommendations that emanate from our students’ accumulated business acumen.

Course Name: CSR & Sustainability
Instructor: Brad Killaly

Corporate Social Responsibility – Sustainability Initiative is a combined classroom and project

based course devoted to creating tangible and meaningful solutions for large sustainability

projects in the Atlanta area.

The learning goals for the course are two fold. First, we will address a number of practical

cases of sustainability initiatives within the for-profit and not-for-profit space. Our goal in doing

so is to understand the real-life challenges and perceived trade-offs that organizations face as

they move toward a vision and business “model” that embraces, and benefits from,

sustainability. The premise of the course is that sustainability initiatives are not zero sum

games. We will understand the evidence and the strategies that build win-win solutions for

adopting organizations and society as a whole. It is expected that 3 to 4 of the classes will be

devoted to learning and understanding the context, environment and challenges of

sustainability initiatives (i.e. traditional class instruction and learning).

The second goal is “Just Do it”. In co-operation and co-ordination with the City of Atlanta

Office of Sustainability, participants in the course will work in teams on at least four different

concrete initiatives. I cannot overemphasize that these are real-time projects. They are not

academic exercises, nor are they classroom projects, but live consulting engagements. What

they have in common is the City’s need for expert guidance on how best to structure and

implement sustainability initiatives. Preliminary projects1 are:

1. Create a marketing strategy to best promote the City of Atlanta’s energy efficiency

rebate program. The City of Atlanta is interested in understanding why the rebate

program is experiencing lower than expected demand, and how best to stimulate the

demand.

2. Evaluate and make recommendations regarding the City of Atlanta’s financing of energy

efficient projects. In particular, the City of Atlanta is looking for guidance on the use of

PACE (“property assessed clean energy”) financing programs. PACE programs involve

the municipality issuing a bond where the proceeds are lent to commercial and

residential property owners to finance energy retrofits (efficiency measures and small

renewable energy systems) and who then repay their loans over the assigned term

(typically 15 or 20 years) via an annual assessment on their property tax bill.

3. Evaluate and make recommendations on options for the City of Atlanta to decide

amongst different fleet replacement options (biofuel, CNG, electric, hybrid, hydrogen).

4. Create a strategy for the City to build infrastructure (refueling stations - when, where,

how many) in order to support alternative fuel availability with the goal of stimulating

greener transportation modes by greater Atlanta residents.

Course Name: Independent Study - A Feasibility Study for Developing a Sustainable Poverty Fighting Wine Industry in Ethiopia
Instructor: Peter Roberts

With an estimated three quarters of its population living off less than $2 a day, Ethiopia is one of many African nations searching for different ways to jump start the economy.

In August, Peter Roberts, a professor of organization and management at Goizueta and head of the school’s Social Enterprise Initiative, led six MBA students from Emory’s Goizueta Business School traveled to Ethiopia to research a project that could change at least a portion of the social landscape in this East African country. Six months of work went into a feasibility study commissioned by the International Society of Africans in Wine (ISAW). The report concludes that — with proper funding and manpower — an economically sustainable, high-quality wine industry can be created with an ability to help combat poverty.

The team met with government and industry leaders in a country, and returned to Atlanta with notes on the climate, culture, history and economics of Ethiopia.

Fighting Poverty Through Wine

BY J. MICHAEL MOORE, ON DECEMBER 1ST, 2010

Goizueta MBA students are working on a feasibility study that they hope leads to a sustainable wine industry that fights poverty in Ethiopia.

With an estimated three quarters of its population living off less than $2 a day, Ethiopia is one of many African nations searching for different ways to jump start the economy.

A team of graduate students from a university halfway around the globe may have one answer.

In August, six MBA students from Emory’s Goizueta Business School traveled to Ethiopia to research a project that could change at least a portion of the social landscape in this East African country. Six months of work went into a feasibility study commissioned by the International Society of Africans in Wine (ISAW). The report concludes that — with proper funding and manpower — an economically sustainable, high-quality wine industry can be created with an ability to help combat poverty.

“It’s a poor part of the world but, when you go there, you see lots of opportunity,” said Peter Roberts, a professor of organization and management at Goizueta and head of the school’s Social Enterprise Initiative.

The team met with government and industry leaders in a country, and returned to Atlanta with notes on the climate, culture, history and economics of Ethiopia.

One look at the hillsides and the temperate climate and the group realized a wine industry is not only possible, but could actually flourish. Wine has been made in the region since the 17th century but now, with the availability of land and the right partners, the region is ripe for wine industry growth.

The plan calls for a co-operative system modeled after the Ethiopian coffee industry. Roberts’ team estimates domestic and international demand for any wine produced. For instance, existing studies point to a growing demand for wine within Ethiopia. Moreover, a preliminary survey of Ethiopain restaurants in the U.S. revealed an approximate demand of 9,500 cases per year.

With this kind of demand, an Ethiopian farmer could earn approximately 12,000 Ethiopian birr per quarter hectare plot compared to 2,500 birr with other crops. (One U.S. dollar is currently equal to roughly 17 Ethiopian birr). “The return is even higher… when farmers also receive a five percent ‘social premium’ from the downstream profits associated with making and selling wine,” according to the report.

Access the full article and an executive summary of the report at http://shared.web.emory.edu/emory/news/releases/2011/01/fighting-poverty...

Prof. Roberts plans to offer another study opportunity in Summer/Fall 2011. Several opportunities are being considered.

Course Name: Nicaragua - Organizational Solutions to Development Challenges
Instructor: Peter Roberts

·        To realize the ethical questions that we may face in negotiation.

Course Name: Social Enterprise
Instructor: Peter Roberts

Social enterprises are ‘social mission driven organizations which apply market-based strategies to achieve a social purpose’. The movement includes both non-profits that use business models to pursue their mission and for-profits whose primary purposes are social.

This class discusses the evolving role played by the social enterprise. This is followed by an elaboration of specific organizational and management challenges faced by social enterprises. The third part of the course focuses, in turn, on different ‘types’ of social enterprises; e.g., social entrepreneurs; global social enterprises; and organizations dedicated to environmental sustainability. The course concludes by discussing careers in and around social enterprises.

Course Name: Social Enterprise Directed Studies
Instructor: Peter Roberts, Anand Swaminathan

This course offered students the opportunity to engage with one of 3 clients on a large-scale project. Clients in Fall 2010 included CARE, The Atlanta Beltline Partnership and First Light Ventures of Gray Ghost Ventures.

The Beltline project was defined as follows....

Atlanta BeltLine – Connecting Employees and Employers

Objective

Develop a strategy and business plan for building workforce capabilities to attract and meet the needs of business development along the Atlanta BeltLine. The plan will address how the private sector, workforce development, and community organizations will work together to “operationalize” the employment pipeline so that jobs created along the Atlanta BeltLine can be filled by those who live in proximity to the Atlanta Beltline to the largest extent possible.

Background

The Atlanta BeltLine is a $2.8 billion redevelopment project that will provide a network of public parks, multi-use trails and transit along a historic 22-mile railroad corridor circling downtown and connecting many neighborhoods directly to each other. The Atlanta BeltLine is the most comprehensive economic development effort ever undertaken in the City of Atlanta and among the largest, most wide-ranging urban redevelopment projects currently underway in the United States. Learn more at www.beltline.org.

The Redevelopment Plan for the Atlanta BeltLine, which was approved at the end of 2005, promises the creation of 30,000 new full time jobs over the 25-year implementation of the project. These are in addition to 48,000 one-year construction jobs resulting from the construction of the Atlanta BeltLine and surrounding private sector developments. However, the Redevelopment Plan did not specify which jobs or how residents connect with those jobs. Yet, this is what community members want to know.

The Need

The Atlanta BeltLine is being hailed as a national model for building sustainable cities. A key component of that sustainability is that residents live in proximity to employment centers and/or can easily use public transportation to get to work – thereby reducing our dependence on the automobile. As a result, the success of the Atlanta BeltLine depends on our ability to connect residents living near the Atlanta BeltLine with the jobs that are created along it.

Additionally, the Atlanta BeltLine promises to strengthen communities, in part by creating new economic opportunities for residents in surrounding neighborhoods. However, there is not consistently a match between the skills of the existing workforce in these neighborhoods and the needs of businesses deciding whether to operate along the Atlanta BeltLine. The Atlanta BeltLine will be better able to deliver on its promises to attract new business and provide more economic opportunities for residents if there is a system through which the needs of employers and the skills of employees along the Atlanta BeltLine are closely aligned. This requires a coordinated, collaborative effort between employers, workforce development organizations, educational institutions, community and non-profit organizations, and potential employees.

The Project

The Atlanta BeltLine has benefitted from a strong public-private partnership, and this partnership is especially important in the area of job creation as the vast majority of new jobs created will be private sector jobs.

The deliverable for this project will be the creation of a process that leads to collaborative working relationships and effective communications between various public, private, non-profit, educational, and community partners within the employment pipeline – as well as a plan for implementing that process. The project will not be focused on the internal operations of any individual organization. Rather, it will seek to define how various organizations work together to:

• Identify the available jobs within and skills required by current and potential employers along the Atlanta BeltLine,

• Identify and train potential candidates within communities near the Atlanta BeltLine, and

• Successfully place and retain employees

To assist with your efforts, The BeltLine Partnership will provide you with the following resources:

• Background materials on the Atlanta BeltLine as a project and work done to date by interns

• Access to leaders from partner organizations assisting with this effort

Type of Offering

Global Health Case Competition
Type: Case Competition
Date: March, 2011

The Emory Global Health Case Competition is a unique opportunity for Emory graduate and undergraduate students from multiple schools and disciplines to come together to promote awareness of and develop innovative solutions for 21st century global health issues. In 2010, the Emory Global Health Institute opened the competition to graduate and undergraduate students from other universities.

Common across U.S. business schools, a case competition features teams of four to six students working through a real-life case scenario with the goal of providing helpful strategic recommendations to move the case subject forward efficiently and effectively. The competition is centered on team presentations to judges, who then score student recommendations and award prizes.

Developed and driven by its Student Advisory Committee, the Institute's global health case competition focuses on a global health-related case that will require an interdisciplinary approach to formulate recommendations regarding the case that may involve issues such as health care policy, public health implementation and planning, business partnership/investment, medical research, logistics management, faith/cultural understanding, and international law.

Financial Innovation and Global Environmental Impacts
Type: Speaker
Date: March, 2010

Richard L. Sandor addressed the business school community and spoke about the role played by financial innovation in addressing some of society's most pressing issues, including those related to climate change and environmental degradation.

Dr. Sandor is chairman and founder of the Chicago Climate Exchange, the world’s first and North America’s only voluntary, legally binding greenhouse gas emissions cap and trade system. He is chairman of Climate Exchange plc (CLE), a publicly traded company listed on the London stock exchange’s AIM division. CLE owns the Chicago Climate Exchange (CCX) and the European Climate Exchange (ECX) and the CFTC-regulated futures division of CCX, the Chicago Climate Futures Exchange (CCFE).

In the early 1970s Dr. Sandor served as Vice President and chief economist of the Chicago Board of Trade. It was at that time that he earned the reputation as the principal architect of the interest-rate futures market and was later honored by the City of Chicago for his significant contribution to the creation of financial futures. In October 2007, Dr. Sandor was honored as one of TIME Magazine’s “Heroes of the Environment” for his work as the “Father of Carbon of Trading.”

In 2008 Dr. Sandor received the Financial Management Association’s “Outstanding Financial Executive Award” and in July 2009 he was named Entrepreneur of the Year in the “green” category in the Midwest region by Ernst and Young.

Dr. Sandor is a research professor at the Kellogg Graduate School of Management at Northwestern University and a Member of the International Advisory Council of Guanghua School of Management at Peking University.

Microfinance Simulcast Class
Date: October, 2010

Presented by the Haas School of Business, this class - a series of 7 lectures and speakers - explores why and how microfinance operations have grown to provide financial services to poor and low-income communities on a sustainable basis. Professor Sean Foote provides an excellent introduction to microfinance as an important development effort in the war against poverty, and brings together advice and best practices from successful practitioners around the world creating a forum to learn.

Featured speakers include Premal Shah – President, KIVA, Alvaro Rodríguez Arregui – Chaiman, Compartamos, Managing Partner, IGNIA, Chris Dunford – President, Freedom From Hunger, Kendall Mau – CFO & COO, Prisma Microfinance, Vikram Akula – CEO, SKS.

Goizueta does not give credit for participation in the class.

David Kyle, Founder of Indian School Finance Committee
Type: Career Paths and Trends in Social Enterprise
Date: February, 2011

David Kyle shared his insights on the emerging trends and career paths in the social enterprise space as well as his own personal story.

David recently moved back to the US after living in Hyderabad for the past three years where he founded the ISFC, a for-profit finance company that provides medium term debt capital to private schools serving very low-income families. The company now has 2 branches, a staff of 55 and a portfolio of well over 150 schools financed. Prior to moving to India David spent 4 years as Chief Investment Officer and COO of New York-based Acumen Fund where he led the build-out of the firm in South Asia and East Africa. Prior to joining Acumen David had served as Chief Advisor to the CEO of the London-headquartered Save the Children Alliance, responsible for establishing new, local agencies of Save the Children in Argentina and Brazil. During the first part of his career David spent 20 years with Citibank in Brazil, Hong Kong, Jeddah, Saudi Arabia, 6 in Lisbon, Portugal where he built a full service commercial and investment bank followed by 3 years in London where he led the development of Citibank’s first intranet client management system in the late 1990s.

Creatively Using Financial and Human Capital to Solve the World's Problems
Date: November, 2010

Bob Pattillo, founder of Gray Ghost Ventures, and Rosemary Magee, Vice President and Secretary of Emory University, engaged in a conversation on “Creatively Using Financial and Human Capital to Solve the World’s Problems.”

As part of our effort to engage and inspire students, we asked Bob to discuss his experience with using financial and human capital to solve the world's most pressing social problems.

Bob Pattillo is an entrepreneur—some people find him permanently out of the box. He has started 26 enterprises-so far. But his greatest passion is building businesses that serve folks in the developing world. When he sold the eighth largest industrial real estate development firm in the country so that he could focus on “microfinance,” people thought he was crazy. He founded Gray Ghost and grew it to the largest private equity investor in microfinance in the world. But he is always on to the next world-changing idea. He is now CEO of First Light Ventures, a sister enterprise to Gray Ghost Ventures which invests in early stage enterprises that seek commercial returns while having a significant impact on poverty alleviation. He is investing in enterprises ranging from biodegradeable flipflops to solar-powered milk refrigeration in India. Mr. Pattillo will be joined by Ross Baird, who directs First Light’s Village Capital initiative, a crowd-sourced way to invest capital in seed-stage enterprises.

Social Enterprise @ Goizueta
Business School Housing? Yes
Number of Faculty: 2
Contact Name: Peter Roberts
Contact Email: Peter_Roberts@bus.emory.edu

The focus of Social Enterprise @ Goizueta is that of applying business acumen and market-based solutions to achieve meaningful and enduring societal impacts. By actively working across the social enterprise spectrum – from philanthropic (non-profit) thro

Goizueta Microfinance Club

The Microfinance Club at Emory's Goizueta Business School manages an investment fund that provides low-interest loans to disadvantaged entrepreneurs while teaching applicative micro-lending practices and procedures to Goizueta students and stakeholders.

The club organizes the Microfinance Panel and Dinner in March and invites speakers throughout the year. In fall 2010, the club put on workshops microfinance borrowers at Refugee Women's Network.

https://www.bus.emory.edu/microfinance/

Net Impact

Club for students who are committed to using the power of business to improve the world. Members believe that business can earn a profit and create positive social change.

The club organizes numerous events throughout the year, including Sustainability and Service Week; a panel discussion on Business and Sustainability with leading sustainability executives - Jeff Foote, VP Sustainability for Coca Cola, Bill Hosken, Budget & Policy Manager, City of Atlanta Division of Sustainability, and

Erin Meezan, VP Sustainability for Interface; a speaker event with Yola Carlough, head of all sustainability initiatives at Burt's Bees; a tour of Interface and the Atlanta Beltline; and, a volunteer activity with Trees Atlanta.

The club also attends the national Net Impact conference.

Teen Leadership Summit

Each year 40-50 MBA students organize a day of activities for 140 of Georgia's underprivileged, but highest performing high school students who are affiliated with the non-profit group 21st Century Leaders. The students participate in one of three tracks - Personal Leadership, Servant Leadership, and a Business Case competition. Each of these tracks is planned and staffed by MBA students.

The theme of the event in Feb. 2011 was Sustainability which permeated all the tracks as well as the logistics of the event, which was zero waste.

Global Development and Health Symposium

The Global Development and Health Symposium is a student-initiated forum whose objectives are to: 1) create awareness of the issues confronting global development, 2) discuss the intersection of business and health to create sustainable outcomes in developing nations, and 3) provide examples of successful business and health initiatives to develop models for global replication.

In 2010, the group hosted Dr. Olive Shisana , CEO of South Africa's Human Sciences Research Council (HSRC). She is the first woman and the first black person to be appointed to this position appointed in post apartheid South Africa. Dr. Shisana is a public health professional with extensive

>research, management, and policy development experience that spans nearly 25 years. HSRC focuses on poverty reduction through economic development, skills enhancement, job creation, and the elimination of discrimination and inequalities.

The group also hosted a discussion with Dr Prahbat Jha entitled "Money gives me thrills, but will it cure my ills?" What is the role of business in improvements in health since 1900? Does mortality decline depend on the private sector and being wealthier? In other words, does business save lives?

Dr. Prahbat Jha is a public health professor at the University of Toronto and the Director of the Lombard Insurance Global Poverty Action Lab. He is a world-reknowned researcher on two of the world's greatest killers--HIV/AIDS and Tobacco. Dr. Jha leads the Million Death Study, which follows the lives and deaths of 2.3 million households throughout India until 2014.