The Middlebury Institute Master of Business Administration in Global Impact Management can be taken as either a one-year program for 42 credits or a two-year program for 60 credits.

Start Credits Capstone Project Language Competency
August 42 or 60 Required Required

Core Course Work

Business and Global Issues

Explore the interaction between business management and key global issues facing the world today. Faculty members coteach the first few weeks, and students are exposed to various concepts and methodologies, including perspectives on business and impact; a survey of pressing global issues; research development, design thinking, and lean start-up methodology; and strategy development.

Business Core (two-year MBA program only)

Courses provide a fundamental understanding of international business:

  • Business Statistics

  • Financial Accounting

  • Financial Management

  • Marketing Management

  • Global Business Strategies

  • Managerial Economics


Electives by advisement build on your expertise in areas that can benefit your career.


Choose one of three specializations to better align your degree with specific interests or career goals:

Resilient Business Management

Learn to confront issues arising from the increasingly uncertain boundaries of today’s business environment. Sample courses:

  • Global Marketing Management

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

  • Topics in Supply Chain Management

Social Enterprise and Finance

Focus on the management and financing of businesses intended to deliver social or environmental bottom lines and operate beyond corporate social responsibility. Sample courses:

  • Building and Investing in Social Enterprises

  • Integrated Financial and Sustainability Reporting

  • Social Entrepreneurship

Corporate Risk Management and Compliance

Focus on financial crime and fraud detection and prepare to sit for the Certified Financial Crime Specialist (CFCS) exam and the Certified Fraud Examiner (CFE) exam, if you choose. Sample courses:

  • Anti-money Laundering, Sanctions, and Tax Compliance

  • Trade-Based Financial Crime

  • Financial Statement Fraud Detection

  • Fraud Risk Management


The MBA capstone is a semester-long for-credit project in addition to your course work. It is designed to help you synthesize classroom knowledge about business and global issues and apply your skills to serve a real-world client. Leveraging institutional partnerships, students choose between two approved capstone projects:

Integrated Business Practicum Consulting Project

Teams of students evaluate business opportunities and recommend strategic plans to client companies. You might develop a business plan for a start-up seeking venture capital, a small business that is scaling operations, or an established business expanding to new markets or pivoting in a new direction. With guidance from faculty and company representatives, your team will identify resources and opportunities, integrate your understanding of business principles, and confront a variety of practical problems. At the end of the semester, your team will present a detailed written business plan and multimedia presentation to the sponsoring company management team.

Frontier Market Scouts Fellowship and Research Project

Middlebury Institute’s Frontier Market Scouts program selects and trains professionals seeking careers in social enterprise management and impact investing. The program consists of a two-week certificate training followed by a two- to 12-month fellowship. To choose the fellowship program for your capstone requirement, you must first apply for admission to the program and then complete the fieldwork, including an impact research report.

Language and Intercultural Competence

Language and intercultural competence are central to all degree programs at the Institute. Courses taught in your chosen language combine language skills development with topics related to your MBA degree work and professional interests. Our intercultural competence offerings provide the cross-cultural communication skills needed to pursue global careers. Sample courses:

  • Arab-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

Internships/Study Abroad

Immersive learning through internships and/or study abroad provides opportunities for students to gain professional experience in management, business, international policy, and international development. Students often make connections that lead to jobs after graduation.