Middlebury Institute of International Studies at Monterey

Our Fisher Master of Business Administration in Global Impact Management can be taken as either a one-year program for 42 credits or a 20-month program for 60 credits. The core course work prepares graduates to be leaders and creative problem solvers using world-class business and leadership strategies. Students choose one of three specialization tracks based on career interests: resilient business management; social enterprise and finance; or corporate risk management and compliance.

Duration Start Dates Credits Thesis or Practicum Language Competency Program Chair
12 or 20 months, full time August 42 or 60 Capstone required Required Sandra Dow, PhD

Sample course schedule »

Core Course Work

The core interdisciplinary course work and integrated professional experiences will prepare you to launch a career in international business. The degree requirements are:

1. Business and Global Issues

This course explores the interaction between business management and key global issues facing the world today. Faculty members co-teach during the first few weeks, and students are exposed to a variety of concepts and methodologies, including perspectives on business and impact; survey of pressing global issues; research development, design thinking and lean startup methodology; and strategy development.

2. Business Core (20-month MBA program only)

Course work that provides a fundamental understanding of international business. Sample courses include:

  • Business Statistics
  • Financial Accounting
  • Financial Management
  • Marketing Management
  • Global Business Strategies
  • Managerial Economics

3. MBA Track Courses

Course work in one of three tracks (including sample courses):

  • Resilient Business Management focuses on risk management and sustainability for mainstream businesses under global challenges.
    • Advanced Modeling and Decision Analysis
    • Environmental, Social, and Governance (ESG) Risk Analysis
    • Investment Analysis and Environmental, Social, and Governance Risks
  • Social Enterprise and Finance focuses on the management and financing of business designed to deliver social or environmental bottom lines and operate with corporate social responsibility.
    • Environmental Entrepreneurship
    • Go-to Market Strategies
    • Impact Investing
    • Social Entrepreneurship
  • Corporate Risk Management and Compliance focuses on financial crime, international fraud detection, money laundering, and compliance management in business.
    • Anti-money Laundering, Sanctions, and Tax Compliance
    • Financial Crime Detection
    • Forensic Accounting and Fraud Examination
    • Fraud Risk Management

4. Language and Intercultural Competency Core

Courses taught in the language of study combine language skills development with topics related to graduate degree work and professional interests. Our intercultural competency offerings provide students with the cross-cultural communication skills needed to pursue global careers. Sample courses include:

  • Arabic-African Relations (in Arabic)
  • Social Entrepreneurship (in Spanish)
  • Information Technology and Global Issues (in French)
  • Business Chinese (in Chinese)
  • Intercultural Group Dynamics
  • Multilingual Communication in Multicultural Settings

5. Electives

Electives by advisement build on your expertise in domains that will benefit your career.

6. Capstone

The MBA capstone is a semester-long project experience for students to synthesize knowledge about business and global issues, as well as further their professional skills while serving a real-world client. Leveraging institutional partnerships, students choose one of three approved capstone projects:

  • Frontier Market Scouts is an Ashoka-approved program that advances purpose-driven work by coaching and training impact-fueled professionals for careers in social enterprise management and responsible investing.
  • International Business Plan
  • Corporate Impact Consulting Project

Internships/Study Abroad

Immersive learning and study abroad provides students with opportunities to gain professional experience in management, business, international policy, international development. These experiences give students excellent networking opportunities and often lead to jobs after graduation.

Program Options

In addition to the one-year or 20-month MBA in Global Impact Management programs, you can also choose from the following options:

  • Paul D. Coverdell Peace Corps Fellows Program
    Returned Peace Corps Volunteers (RPCVs) are encouraged to apply for the competitive Peace Corps Fellows program.
  • Joint MBA/MA in International Policy and Development
    Earn two degrees in five semesters: a MBA in Global Impact Management and a Master’s in International Policy and Development. This program has an integrated curriculum composed of core business course work, core course work in public policy and global development, and core integrated skills courses, plus electives and foreign language courses. It offers a multidisciplinary approach to policy and development within the context of international business.
  • Joint MBA/MA in International Environmental Policy
    Earn two degrees in five semesters: a MBA in Global Impact Management and a Master’s in International Environmental Policy (IEP). This program has an integrated curriculum composed of core business course work, core environmental policy course work, and core integrated skills courses, plus electives and foreign language courses. It offers a multidisciplinary approach to environmental policy within an international business context.


Sample Course Schedules*

One-Year MBA

Fall Start, Full Time, Two Semesters and Summer

Fall 1 18 Credits
Business and Global Issues 3
MBA Track Courses 8
Language Studies 4
Electives 3
Spring 1 18 Credits
Track Courses 11
Language Studies 4
Electives 3
Summer 1
6 Credits
Capstone 6


20-Month MBA

Fall Start, Full Time, Four Semesters

Fall 1 14 Credits
Financial Accounting 2
Business Statistics 2
Managerial Economics 2
Marketing Management 2
Language Studies 4
Electives 2
Spring 1 16 Credits
Financial Management 2
MBA Track Courses 8
Language Studies 4
Electives 2
Fall 2 16 Credits
Business and Global Issues 3
MBA Track Courses 7
Language/Intercultural Competency 4
Electives 2
Spring 2 14 Credits
Global Business Strategies 2
Capstone 6
MBA Track Courses 4
Electives 2


*This is a sample degree schedule. Individual student degree schedules will vary. All curricula are subject to revision and change.