Impact-Focused Business and Investing

As a student in GCNYC’s research-based MS in Impact-Focused Business and Investing,

you will learn how to apply concepts of sustainability and social impact to your business and learn what is required to launch a successful enterprise. This program was developed for individuals who are driven by the idea that entrepreneurship and financial tools can be used to further the common good.

Future leaders of these businesses are going to need new mental models, tools and frameworks if they are going to successfully navigate these complex conditions to deliver both profitability and positive social impact.

The M.S. in Impact-Focused Business and Investing is designed to provide a solid foundation in business fundamentals from the corporate, entrepreneurial, non-profit and public sector perspectives. Entrepreneurs and intrapreneurs have always been attracted to opportunities that, to other people, might look like problems.

Students in this program will learn how to design and develop solutions to these problems regardless of whether they are starting their own venture or working in a corporation, social enterprise, or non-profit organization.

See below for the course curriculum and descriptions. Visit our admissions section for more information on how to apply.

Program Learning Outcomes

The primary aim of this program is to equip students with a contemporary understanding of Social Business and Microfinance, in order to help them achieve social change.  It is intended that future graduates will be able to perform as professionals applying their knowledge, analytical and personal skills and competences in order to successfully achieve jobs within the social business and micro-finance sectors. Specifically, the educational aims are stated as follows:

 

  • To develop students’ intellectual skills, grasp of relevant theories and the understanding of principles and practices of Social Business and Microfinance.

 

  • To encourage students to engage in critical analysis of the global and local environments in which social businesses operate.

 

  • To explore contemporary and emerging themes in Social Business and Microfinance.

 

  • To develop transferable skills such as problem solving, ICT, inter-personal communication and self-awareness appropriate to obtaining a career in Social Business and Microfinance.

 

  • To prepare and equip students with the appropriate academic knowledge to enable students to communicate effectively on issues relating to Social Business and Microfinance.

 

  • To facilitate development of critical thinking and analytical skills to enable students to comprehend and select appropriate methodologies and research techniques for independent research.

 

  • To encourage students to become independent learners, with a high degree of motivation and self-confidence to enable them to successfully complete an independently designed research project.

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Frequently Asked Questions

What is the structure of the program for part-time and full-time students?

The program can be completed on a part-time or full-time basis. All classes take place in the evenings between 6:00pm and 9:30pm to cater GCNYC’s working professional population. More details can be found below:

Part-time: students complete the program in a 16 month timeframe by taking one or two classes per week.

Full-time: students complete the program in a 12 month timeframe by taking three classes per week (note: international students must be full-time on an F-1 student visa).

Who is this degree for?

This degree is catered to individuals in the social business & impact space, entrepreneurs and intrapreneurs alike looking to work at the intersection of profitability and sustainability – using business as a force for good.

Do I need a Bachelor's degree to apply?

Completion of a Bachelor’s degree is a pre-requisite to apply. Some examples of the most common undergraduate fields of study are:

  • Economics
  • Business Administration
  • Entrepreneurship
  • Environmental Science
  • Impact Investing
  • Communications & Media
  • Social Sciences
What career opportunities does the program prepare me for?

Most common but not limited to:

  • Social Impact Consultant
  • ESG Strategy and Communications
  • Entrepreneurship
  • Impact Investing
  • Sustainable Business

Program Courses

Business Strategy as an Instrument for Economic, Social and Environmental Sustainability

This course aims to provide students with academic knowledge and analytical tools with which to discuss and practice strategic management in a world characterized by rapid change and increasing concerns for economic, social and environmental sustainability. The course seeks to address the who, what, why, where and how of strategic decisions, with an emphasis on generating sustainable growth across national boundaries. Students will develop the knowledge and skills required to undertake the necessary research and analysis to advise a firm on the issues that organizations face, and the choices they must make, to develop strategies for sustainable growth.

Navigating Global Change: Business Practices for the Common Good

This course reflects the fact that organizations do not operate in a vacuum: they are both shaped by and themselves also shape the geo-political, economic, social and technological environments in which they operate. Understanding the interaction between organizations and their wider contexts is essential to effective management and responsible leadership. This course is designed to equip students with the information and analytical skills required to critically reflect upon some of the most significant issues which pose challenges to business managers and organizational leaders in the modern world.

Values Based Leadership Skills for an Interconnected World

This course will enable students to identify, understand, develop and articulate their key personal abilities in the context of their future career aspirations. The development of their academic and professional skill set is essential to securing and/or developing fulfilling careers as expert managers and leaders in increasingly diverse and international workplace organizations.

Money as a Force for Social Good

The course aims to equip students with a general overview as to how global and local circumstances shape social business and microfinance, and to equip them with the knowledge and skills to determine what factors they should take into account when developing their own social ventures, or when creating an enabling environment for social business and microfinance. Particular attention is paid to how different political, cultural and economic institutional environments favor the evolution of different forms of social business and how different forms of social business negotiate tensions between social and commercial objectives

Global Political Economy

This course on global political economy is designed to provide students with the analytical tool to understand the contemporary world economy within a historical context and analyze different trends, issues and dynamics of social, cultural, religious, political and economic environment that shapes our day to day life in particular and international business in particular. The course takes an interdisciplinary approach to understand and address theoretical issues to replicate economic realities of our world today. Furthermore, the course will cover a comprehensive and critical understanding of the global political economy and its structures, agencies and processes.

Impact Through Social Entrepreneurship

This course introduces the student to the concept of social entrepreneurship (and related concepts of social enterprise and social innovation). The notion of social entrepreneurship as a contested concept with competing definitions pushed by different actors with different (political) agendas is developed. Students are taught to critically assess these different agendas and to gain a broader understanding of social entrepreneurship by placing it within the wider social, economic and political contexts in which it occurs. The course aims to equip students with the knowledge and skills to make up their own minds as to whether (and how) business can change the world, and to prepare them to enter a world where business and society are intertwined.

Research Methods

This course aims to develop advanced skills related to a range of contemporary research methods needed for academic and practical research at a Master’s level. Students should be able to critically evaluate new concepts, ideas and evidence from a range of sources and crucially and transfer their skills into practice. Emphasis is placed on written and oral presentation skills at an advanced management level.

Dissertation

The Dissertation course follows the course, Research Methods. The aim of this course is to conduct business research/consultancy and report on the findings. Drawing on the proposal developed in Research Methods, the course focuses on the business research project, which involves an investigation of a substantial business issue or problem. Students are required to demonstrate critical awareness of business practice, relevant theories and research techniques and approaches. The project element of the course in particular offers students the opportunity to apply course concept, theories and techniques, draw on internationally published literature and good practice, and develop and interpret knowledge about management practice in their area of study.

Student Experience at GCNYC

The Master’s in Impact-Focused Business & Investing takes advantage of GCNYC’s global ties and New York location. Our close-knit academic community is made up of a diverse group of highly motivated, creative change-makers from all over the world. GCNYC builds on the long-standing reputation of GCU while opening up new possibilities for international collaboration and innovation.

Your experience at GCNYC will be both challenging and exciting. We will work together, learning from and challenging each other. You will take core courses with students from all of our business programs, giving you the chance to learn from vastly different perspectives and make connections across industries.

Small Classes

Small class sizes ensure meaningful interactions with professors and guest speakers. You will be making real connections while you learn from people who can straddle academic theory and real-world experience, and who refuse to compromise between career success and the common good.

Research-Led Teaching

Glasgow Caledonian has over a century of close ties to industry, and excellence in applied research is one of the university’s most important guiding principles. GCNYC takes this tradition to NYC, helping you connect your actual and future work challenges to new knowledge and insights from the global academic community. But you will not just learn about research through lectures, you will have the autonomy, time and support to ask important questions with your own independent research.

Completing a dissertation will demonstrate to your employers that you have what it takes to tackle the issues most important in international fashion marketing with real academic rigor and to propose solutions that emphasize sustainability as well as profitability.

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