MBA Tracks

The Fisher MBA in Global Impact Management gives you the opportunity to choose a track based upon your career interests, within our one-year, 20-month or joint degree programs.

MBA Tracks

The Fisher MBA program pivots on global management challenges in sustainable business growth. Students choose one of the following three areas of specialization based on their career interests.

    Resilient Business Management

    The Resilient Business Management track prepares you to confront issues arising from the increasingly fuzzy boundaries of the 21st century business environment. You'll be posed with questions such as:

    • How can an energy company prepare for volatile energy prices coupled with rising costs of extraction due to water scarcity and carbon constraints?
    • Have some financial institutions become not only "too big to fail" but also "too big to manage"?
    • How can reputational risk be identified and mitigated?
    • What does Enterprise Risk Management mean in our 21st century economy?

    You will acquire a rigorous skill set that will set you apart from the crowd. Our select group of business professionals will graduate with the knowledge, ability and practice to confront the global issues facing business today.

    Courses

    • Advanced Modeling & Decision Analysis

    Description: Spreadsheets are one of the most popular decision support systems on the planet today. Every day, millions of people use spreadsheet programs to build models for the decision problems they face in their work activities. As a result employers look for experience and ability with spreadsheets in the people they recruit. This course covers some of the most popular, and other advanced, decision analysis techniques from the field of management science and shows how these tools can be implemented using Microsoft Excel to making better managerial decisions in a variety of business and non-business settings alike. Prior experience with Excel is certainly helpful but is not a requirement. 

    • Environmental, Social, & Governance (ESG) Risk Analysis

    Description: The goal of this course is to demonstrate how ESG factors can be used along with traditional financial metrics to assess risks and opportunities confronting firms.

    • Global Corporate Organizations

    Description: Organizing a business on a global scale remains one of the most complex managerial responsibilities. The complexity is multiplied when an organization’s cross-border activities are subject to increasing diversity and uncertainty of its local social, political, technological, and competitive environments. This course is organized along the key issues confronting strategic implementation within global corporate organizations.

    • Investment Analysis & Environmental, Social & Governance Risks

    Description: The goal of this course is to first present standard elements of modern investment analysis. Next, these techniques will be broadened to examine how extra-financial risk can impact the asset allocation decision.

    Social Enterprise & Finance

    Our track in Social Enterprise and Finance focuses on the management and financing of the new breed of businesses born or chartered to deliver social or environmental bottom lines and operate far beyond corporate social responsibility. You will learn to apply business skills and “out of the box” solutions to some of today’s most pressing global problems.

    Your capstone might take you to an emerging market with the Frontier Market Scouts program. A case competition might ask how best to exploit a nutritious food product that is economical and appealing to both clienteles in an emerging market as well as to consumers in developed markets. Perhaps you will be tasked with resolving the problems of the unbanked while still earning a return on your investment. 

    Courses

    • Environmental Entrepreneurship

    Description: This course examines business models aimed at achieving targeted environmental and social benefits, including climate adaptation and mitigation, biodiversity conservation, and ecosystem restoration. It examines both market-based and hybrid (public-private) business models in a variety of developed and developing country contexts. 

    • Go-to Market Strategies

    Description: This project-based course combines elements of feasibility analysis and marketing strategy. It examines whether a product or service is viable on the market and alternate approaches of bringing it market.

    • Impact Investing

    Description: This course provides an overview of the emerging sector of impact investing and covers a number of topical areas important to early-stage social venture financing. The course also introduces the challenge of moving mainstream commercial capital into impact investing and explores potential solutions. 

    • Lean Startup Methodology

    Description: The lean startup methodology follows the learning by building and measuring approach to entrepreneurial development and management in order to increase the odds for entrepreneurial success and decrease the costs of entrepreneurial experimentation. This course introduces the lean startup principles and offers students a hands-on learning environment to master the important skills.

    • Social Entrepreneurship

    Description: This project-based course combines an understanding of entrepreneurship and how an entrepreneurial approach can be used by for profit, non profit and hybrid ventures to accomplish mission-based social goals. 

    • Venture Financing

    Description: This course introduces the basics of financing entrepreneurial companies, especially startup and early-stage ventures. Students will learn how to make good investment decisions and structure the terms of investment from both the perspectives of an investor and an entrepreneur. 

    Corporate Risk Management and Compliance

    Fraud detection and money laundering issues are always in the news, and every business must confront them. Many high profile cases of accounting fraud (for example: Enron and MCI WorldCom) as well as government concerns regarding money laundering and terrorist financing have raised the importance of risk management programs in businesses, non-profit organizations and governments.

    Risk Management attempts not only to prevent and detect fraud and financial crimes, but also to comply with regulatory requirements, such as the US Sarbanes-Oxley Act of 2002, the USA Patriot Act of 2001, the US Foreign Corrupt Practices Act of 1977, etc.

    This track zeroes in on the firm as well as the institutional environment within which it operates. You will receive education in fraud detection and compliance and should be well positioned to sit for the Certified Financial Crime Specialist (CFCS) exam and the Certified Fraud Examiner (CFE) exam, if you so choose.

    Courses

    • Anti-money Laundering, Sanctions & Tax Compliance

    Description: This course provides an introduction to money laundering and serves as a foundation for any of the related follow-up workshops and courses. Topics covered include the three typical stages of money laundering (placement, layering, integration), how to spot “red flag” indicators, trade-based money laundering techniques (false trade invoicing, use of high-value metals, black market peso exchange), misuse of informal value transfer systems, monitoring politically exposed persons, FIU’s and the Egmont Group, and finally global anti-corruption compliance and enforcement. Capital flows and payment methods will also be scrutinized, so an introductory Macroeconomics course is strongly recommended. The goal of this workshop and the three that follow, is to prepare students to take and pass the Certification for Financial Crime Specialists (CFCS).

    • Compliance Management & Investigation

    Description: Topics covered in this course include laws and investigative techniques for financial crime investigations, how to interpret financial documents, the risk-based approach to compliance, Basel Committee Guidance, Wolfsberg Group recommendations, KYC, KYE, compliance monitoring systems, ethics and best practices.

    • Financial Crime Detection

    Description: Topics covered in this course include understanding and recognizing different types of financial fraud, tax evasion vs. tax avoidance, the use of offshore entities, FATCA, different types of asset recovery tools, and how to trace, forfeit and repatriate assets.

    • Forensic Accounting & Fraud Examination

    Description: This course will discuss and define forensic accounting and fraud examination as well as provide an overview of different fraud schemes. Possible coverage may include fraud prevention and deterrence.

    • Fraud Risk Management

    Description: This course will identify and assess signs and symptoms of potential fraudulent financial reporting and other fraud schemes, as well as explore fraud risk management programs to include control mechanism design, such as internal controls, to prevent fraud schemes ranging from asset misappropriation to financial statement manipulation. This course will also discuss Sarbanes-Oxley compliance.