CORPORATE ENVIRONMENTAL MANAGEMENT (CEM)
Faculty Advisors: Matt Potoski (1st-years) and Gary Libecap (2nd-years)
Specialization Description
Corporate Environmental Management (CEM) grounds students in how private-sector firms may address environmental and natural resource issues in a manner that also promotes shareholder value, thus creating 
the important link between the quality of environmental and natural resources and a firm’s overall market objectives. Students learn how new capabilities can be developed that enhance sound competitive strategy and incorporate environmental and resource objectives while responding to new market opportunities, social demands, and regulatory pressures. They learn to identify, evaluate, measure, and present sources of competitive advantage that have beneficial environmental, resource, and financial consequences. They also examine how and when private market solutions to environmental and resource problems are advantageous; the property rights and other institutions necessary for these market outcomes to occur; and the interaction required among stakeholders ranging from management and employees to politicians and NGOs. Students learn organizational structure and behavior, examine why some regulatory systems perform better than others, and explore the range of policy instruments available to guide corporations’ actions. These skills are gained through a combination of core classes for the MESM, elective classes for the CEM specialization, and the Group Project.
Course Work
CEM students will take the following three elective courses:
ESM 245: |
Cost Benefit Analysis (4 units) |
| ESM 273: | Life Cycle Assessment (4 units) |
ESM 281: |
Corporate Environmental Management (4 units) |
CEM students should take at least one course in each of the following three categories.
Category 1: Business Skills
| ESM 242: | Natural Resource Economics and Policy (4 units) |
| ESM 279 | Financial Management and Environmental Accounting (4 units) |
ESM 280: |
Organizations and Environmental Leadership (4 units) |
| ESM 283: | Environmental Negotiations (4 units) |
| *ESM 285: | Environmental Markets (4 units) |
| ECON 234A: | Introduction to Finance (4 units) |
| ECON 237: | Financial Management (4 units) |
| ECON 273A: | Managerial Accounting (4 units) |
| ENGR 240: | Business Strategy and Leadership Skills (4 units) |
Category 2: Entrepreneurship
| *ESM 256A: | Introduction to Entrepreneurship (2 units) |
*ESM 256B: |
New Venture Opportunity Analysis (4 units) |
| *ESM 402A: | New Venture Formation (4 units) |
| **ENGR 240: | Business Strategy and Leadership Skills (4 units) |
| **ENGR 241: | Managing for Innovation (4 units) |
| **ENGR 244: | Entrepreneurial Marketing (2 units) |
| **ENGR 246: | New Venture Finance (2 units) |
| ENGR 250: | Managing Operations (2 units) |
Category 3: Life Cycle Assessment and Energy Innovation
| ESM 271: | Carbon Footprint and Carbon Accounting (2 units) |
ESM 282: |
Industrial Ecology (4 units) |
| ESM 272: | Energy and Resource Productivity (4 units) |
| ESM 288: | Energy, Technology, and the Environment (4 units) |
*Course requirement for the Eco-Entrepreneurship focus at the Bren School.
**Elective course option for the Eco-Entrepreneurship focus at the Bren School and required course for the Graduate Program in Management Practice (GPMP) certificate offered by the Technology Management Program (TMP).
NOTE: Students who entered the Bren School in Fall 2011 or before may follow previous guidelines for coursework in the CEM specialization.
Sample Programs of Study
Example I |
|
ESM 242: |
Natural Resource Econ. and Policy (4 units) |
| ESM 245: | Cost Benefit Analysis (4 units) |
| ESM 256A: | Introduction to Entrepreneurship (2 units) |
| ESM 271: | Carbon Footprints & Carbon Accounting (2 units) |
| ESM 272: | Energy and Resource Productivity (4 units) |
| ESM 273: | Life Cycle Assessment (4 units) |
| ESM 281: | Corporate Environmental Management (4 units) |
| ESM 282: | Industrial Ecology (4 units) |
ESM 288: |
Energy, Technology, and the Environment (4 units) |
ENGR 240: |
Business Strategy and Leadership Skills (4 units) |
Example II |
|
ESM 242: |
Natural Resource Econ. and Policy (4 units) |
| ESM 245: | Cost Benefit Analysis (4 units) |
| ESM 256A: | Introduction to Entrepreneurship (2 units) |
| ESM 271: | Carbon Footprints & Carbon Accounting (2 units) |
| ESM 273: | Life Cycle Assessment (4 units) |
| ESM 280: | Organizations and Environmental Leadership (4 units) |
| ESM 281: | Corporate Environmental Management (4 units) |
ESM 283: |
Environmental Negotiations (4 units) |
ESM 285: |
Environmental Markets (4 units) |
| ECON 234A: | Introduction to Finance (4 units) |
| Example III | |
| ESM 245: | Cost Benefit Analysis (4 units) |
| ESM 256A: | Introduction to Entrepreneurship (2 units) |
| ESM 256B: | New Venture Opportunity Analysis (4 units) |
| ESM 271: | Carbon Footprints & Carbon Accounting (2 units) |
| ESM 273: | Life Cycle Assessment (4 units) |
| ESM 280: | Organizations and Environmental Leadership (4 units) |
| ESM 281: | Corporate Environmental Management (4 units) |
ESM 402A: |
New Venture Formation (4 units) |
| ENGR 240: | Business Strategy and Leadership Skills (4 units) |
| ENGR 241: | Managing for Innovation (4 units) |