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New CSU Business degree tackles global problems and offers international experience

Paul Hudnut, acting director of the new master's program, and Dan Mastbergen, a doctoral student in engineering, compare notes on the cookstove project.

The newest degree program at Colorado State University's College of Business ultimately will help some of the world's three billion people who live on less than $3 a day.

This spring, students can begin enrolling for a brand new 18-month Master of Science in Business Administration degree in Global Social and Sustainable Enterprise that will teach students to use entrepreneurial, sustainable approaches to address great global challenges of poverty, environmental degradation and poor health.

Colorado State students are already putting that philosophy to work. Business and engineering students are in India this month testing an innovative cook stove they helped develop that captures wasted thermal energy and converts it to electricity.

"Colorado State University has a wonderful history of creating international enterprises," said Ajay Menon, dean of the College of Business. "The roots of the Peace Corps started here in the 1950s. The Global Social and Sustainable Enterprise degree continues that tradition. We can provide students with the training to go into these parts of the world and create new enterprises. Imagine if we take that $1 a day that people earn and double that. You're suddenly dealing with a huge market opportunity."

Unique program will begin in August 2007

University officials say the degree is unique because it uses business as a force of change.

"When people say the world has to change, they rarely think about how central business will be in driving that change," said Paul Hudnut, an entrepreneurship instructor in the college and acting director of the new degree program. "In a global economy, it is an important piece of the puzzle of international development. Traditionally, it has been an afterthought. We want to start changing that. We want to focus the energy of innovation and entrepreneurship on addressing these challenges."

The first classes will begin in August 2007. The degree requires summer field work in partnership with international companies, NGOs and microfinance organizations. Most likely, the field work will be on a project in the developing world.

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Read more and view photos and video clips at http://welcome.colostate.edu/index.asp?url=media_gsse.


Contact: Emily Wilmsen
Email: Emily.Wilmsen@colostate.edu
Phone Number: (970) 491-2336

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