Purpose Economy
Purpose-driven business
Purpose-driven companies are not just focused on profit or financial interest but on a combination of financial, social and personal value. These companies want to have an impact on society and change the world. This requires a completely new way of doing business. In the years to come, this type of management will become increasingly important, both within businesses and the economy at large. The 21st century asks for leadership with integrity and purpose: companies need to be led by managers that can ensure there is a balance between the interests of the company and those of the world around them. The MBA in Purpose Economy is developed in order to teach students the skills that come with this economic transition.
Video "The Purpose Economist"
For more information on the Purpose Economy, watch the video of Aaron Hurst, author of the groundbreaking book "The Purpose Economy" here.
Programme structure
Programme structure
The programme is divided into four capstones which are linked to the Sustainable Development Goals (SDGs) of the United Nations. Each study period centres around one capstone.
Period 1: New Realities & Purpose
- New Economic Realities & Purpose
- Purpose Chain & Impact
- Finance & Accounting with purpose
- SDG 8, 9 ,12: Decent Work & Economic Growth, Innovation & Infrastructure, Responsible Consumption & Production
Period 2: Global Mindset for Business
- Intercultural Competences & Global Mindset
- Personal Purpose & Futures Literacy
- Governance Models
- SDG 12: Responsible Consumption & Production
Period 3: Strategies & New Business Models
- Purpose & Strategy
- Marketing Strategy Transformation & Digital Marketing
- Purpose-driven Business Models
- SDG 2, 12, 13, 14, 15: Zero Hunger, Responsible Consumption & Production, Climate Action, Life Below Water, Life on Land
Period 4: Critical & Scientific Decision-making in Business
- Business Research Methods
- Final MBA Project
Learning environment
Community of Learners
You will be part of an active and stimulating Community of Learners (CoL), consisting of your fellow students as well as committed professors, lecturer-researchers and the professional practice. Besides working together in the CoL and following intensive weeks of classes, the study activities on location include tutoring, Innovation Labs and and inspirational sessions.
The distance learning activities include preparation for the modules in class, finalisation of tasks from previous modules, complementary learning, field work or research, on-job/internship dvelopment and online coaching.
Educational concept
Educational concept
Our overall educational concept is characterized by both contextualized and individual learning. It is a combination of intensive, job-integrated learning as well as e-learning modules. You will work both individually and in teams on practice-based and experience-based projects and case studies. Within our Innovation Labs, you interact with the world of professional practice through guest lectures by entrepreneurs, senior business executives and knowledge experts, as well as through seminars and real-life consultancy projects. Our international teaching staff is selected to ensure an interesting mixture of business experience and expertise in applied research.
Learning phases
Education for Paradigm Shifts
The programme will take you through three phases of learning in order to help you ingrain the new economic models. Starting from your previous education, professional experience and previous paradigms, you will go through three different stages throughout the programme:
- Phase 1: UNLEARN | Recognising that the old mental model is no longer relvant or effective
- Inspirational key speakers
- CEOs of purpose-driven companies
- Community of Learners (CoL) in Futuers Literacy
- New Paradigms
- Phase 2: RELEARN | Finding or creating new models that are better to achieve your goals
- Learning new management strategies
- Learning new business models
- Phase 3: INGRAIN | Ingraining the new mental habits
Responsible Leadership
Responsible Leadership
At the International Business School, our mission is to educate and inspire our students to become responsible managers who are accountable for the consequences of their ideas, actions and behaviour – both as individuals and as part of a team or an organisation. Responsibility encompasses taking into account the various interests of multiple stakeholders in multidisciplinary and multicultural settings and acting in an effective, professional and ethical manner. The programme teaches you to run business processes, while taking into account the social and environmental impact. You will not just develop your consultancy competences, but are equipped with professional skills to manage and implement innovative business models.
Competencies
Purpose-centered professional
The MBA helps you find answers and directions towards discovering a new personal, professional, and organisational purpose. Make a meaningful contribution to the society where demanding more sustainability, green tech, or any other form of social advancement in many areas such as climate change, economies in transition, rising uncertainty, or trade tensions became a new economic reality.
Professional development
Redefine your purpose, at a personal, professional and organisational level. Create and verify a roadmap that takes you where you want to be. Use multiple opportunities of coaching, mentoring, and networking to build the understanding and competencies to achieve your goals.
Global network
Global mindset
Learn with and from a diverse group of peers and speakers from all over the world. Benefit from the knowledge and experience of everyone involved in the programme, as part of a Community of Learners. Challenge your perspectives and broaden your horizon.
International network
Build borderless bonds and connections across your peer group, faculty members, company representatives, and inspirational speakers. Expand your network by joining the IBS alumni network to inspire your career.
Purpose-leadership
Belong to a new paradigm of thinking and acting, based on relationships, impact, and growth that is spreading across the globe. Shape it with the individuals and organisations that embrace that paradigm who have emerged as the leaders of the new - purpose economy.
