Colorado State University

Why you should consider this program

  • The Impact MBA offers two specialized tracks; the Corporate Sustainability track and the Social Entrepreneurship track.
  • Corporate Sustainability track students will complete a 400 hour Fellowship with an organization where they will identify, analyze, and address sustainability issues within the organization.
  • Social Entrepreneurship track students will spend 40-60 days in the field identifying market opportunities and designing business models with a triple bottom line; people, planet, and profit.
  • MBA Roundtable’s 2019 winner of the Innovative MBA Program Award:
  • The interdisciplinary curriculum includes as many as 15 credit hours outside the College of Business; with specialized courses from the School of Global Environmental Sustainability and the Department of Ecosystem Science and Sustainability.
  • Students learn MBA accounting, finance, and management and apply these concepts to social ventures and corporate fellowships during the program.
  • Students and graduates from the program are represented in more than 71 countries.
  • Alumni have created successful ventures and have been awarded Echoing Green Fellowships, Richard Branson’s Green Challenge Award and Rockefeller grants.
  • Each cohort is comprised of 45 students from widely diverse backgrounds.

Benefits for Coverdell Fellows

Tuition/fees for Complete Program Value of Coverdell Fellowship Net cost *
In state $ 44,200 $ 16,405 $ 27,795
Out of state $ 69,200 $ 38,323 $ 30,877
* Net cost is equal to tuition/fees minus fellowship value. For some universities, the fellowship value includes non-tuition/fee benefits such as health insurance or housing—see the first point below for more details.

Where the cost savings value of the Coverdell Fellowship comes from

  • Assistantship for 2 semesters
  • Health insurance for 2 semesters
  • Stipend for 2 semesters
  • Scholarship (for non-resident applicants only)
  • Application fee waiver

Health insurance premiums for 2 of the 3 semesters are covered by the Fellowship award. Tuition and fees are based upon the fall 2021-2022 academic year and are subject to increase on an annual basis dependent upon Board of Governor approval.

Fellowships awarded per year (average)


Other benefits or opportunities

All Impact MBA students are required to participate in either a corporate sustainability fellowship or a summer practicum. Corporate Sustainability Fellowships track students are matched with pre-screened organizations. Social entrepreneurship track students conduct market research with the majority of the venture teams electing to work in a developing country. At least 90% of these travel-related expenses are covered by the College of Business.

Additional benefits afforded to each Fellow include:

  • CSU Mountain Campus Orientation: An overnight community-building introduction to the Impact MBA program, Colorado State University, staff and faculty and current students held in nearby beautiful mountains.
  • Level Up Week for professional development including options like GRI certification, SASB credential, Crucial Conversations certificate.
  • Emergenetics Workshop: Attend a full day workshop engineered to improve communication, teamwork, and advance workplace performance.
  • Net Impact Student Organization: Impact MBA students hold leadership roles and are funded to attend conferences.
  • Career Management Center: The College of Business has its own Career Management Center offering career-focused workshops and events, personal branding on LinkedIn and social media, job offer evaluation, negotiation strategies and networking opportunities.

Application fee waived?



Fellows will work with a career counselor at our Career Management Center and with the Impact MBA Program Manager to secure an internship that aligns with the career goals of the Fellow. The College of Business has many connections within the local community and Fellows will be presented a variety of opportunities. Fellows are also welcome to independently seek out organizations of interest. Internships will be scheduled around the Impact venture requirements or corporate sustainability fellowship. Colorado State University is fortunate to be just one hour from Denver and the Posner Center offering connections to hundreds of social enterprise partnerships including Trees, Water People and the Women’s Bakery in Fort Collins.

Jobs for program alumni

Organizations Employing our Alumni:

Ashoka, B-Lab, Brendle Group, CARE International, Chemonics, Deloitte, Dolma Impact Fund, EarthHero, Engineers Without Borders, Factor(e) Ventures, Global GreenBiz, Greengrants, Launch Alaska, Namaste Solar, Nature Conservancy, One Acre Fund, Oxfam, Rocky Mountain Institute, RSF Social Finance,Technoserve, SASB, U.S. State Department, USAID

Other details

Program length

15 months

Application requirements

  • Official transcripts
  • Three professional recommendations
  • Statement of purpose
  • Current resume

Admissions process

1. Complete the admissions checklist of required documents

2. Submit the online application fee waiver request

3. Include a description of Peace Corps service in your resume when applying to the Impact MBA program.

4. Apply for a graduate assistantship. This application will be used for purposes of placement within the College of Business.

5. Notification of admission will be 2-5 weeks after application.

6. Notification of Coverdell Fellowship awards will be by email as early as mid-March.

Program begins

Late August

Year Coverdell Fellows partnership started



Shelby Sack, Program Manager

Impact MBA, College of Business
638 S. Sherwood #104
Fort Collins, CO 80524