Newswise — For the third consecutive year, the University of Vermont Grossman School of Business’ Sustainable Innovation MBA has been named the No. 1 “Best Green MBA” program by The Princeton Review.

“We are honored to be named the #1 Green MBA by The Princeton Review for the third year in a row,” said Sustainable Innovation MBA program director Caroline Hauser. “We have built an MBA program with sustainability at its core that trains students to view the biggest challenges of our time as opportunities for value creation. Businesses need leaders with this knowledge and perspective to remain competitive in an increasingly complex world. We are excited to be recognized as a leader in a growing peer group of MBA programs at the intersection of business and sustainability.”

By being recognized as the top “Green MBA” for 2018, 2019 and 2020, the continued ranking success underscores that, while the program retains the foundational business school toolkit required for graduates to succeed in business, its complete redesign five years ago prepares and equips the next generation of business leaders to transform existing businesses and create new enterprises that address critical issues facing the planet.

“Congratulations to our team for continuing to deliver an exceptional program that builds managerial and leadership capacity to address the global sustainability challenges faced by society,” said Sanjay Sharma, dean of the Grossman School of Business. “With the #1 ranking three years in a row, the pressure is on us to continue to innovate and improve to stay ahead as others attempt to catch up.”

The Sustainable Innovation MBA is a one-year, AACSB-accredited program that boasts tight-knit cohorts of students who collaborate and move through the program together. During their short, yet intensive, time in the program, students learn from globally renowned business leaders, including Vermont-based companies that have excelled in social and sustainable enterprise, such as Ben & Jerry’s and Seventh Generation, and gain real-world experience through a required practicum. Previous practica have immersed students in topics from fighting poverty in Indonesia and Bangladesh using enterprise investment opportunities, to building a blockchain evaluation tool for development organizations.

The Princeton Review ranking adds to the growing international recognition of the program, which was recently ranked the No. 4 “Better World MBA” program worldwide in 2019 by Corporate Knights, a leading sustainable business publication based in Toronto.

In addition to being ranked No. 1 on the 2020 “Best Green MBA” programs list, the program was ranked the No. 10 “Best MBA for Nonprofits,” a list containing other prestigious schools including Stanford, Columbia, Georgetown, UT Austin, NYU, Harvard, and Babson. The Grossman School of Business at UVM was also named to the Princeton Review’s “Best Business Schools for 2020” list, a distinction shared with 248 other elite business schools across the nation.

The “Best Green MBA” rankings are based on students’ assessments of how well their school is preparing them in environmental/sustainability and social responsibility issues, and for a career in a green job market. The “Best Business Schools for 2020” list was based on data from surveys of more than 20,700 students attending the schools and of administrators at the graduate schools.