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Impact at the MBS

We have embarked on a journey towards impact, here at Munich Business School, wanting to develop our own, unique impact model - much like our mission and our values are unique to us. Following the Theory of Change process, we have made room for a bottom-up approach, talking to and listening to our community about what they think is important. And we have collaborated together, among staff, faculty and so many more, to jointly discuss and develop a framework that suits us, that is reflective of our values and that allows us to systematically create impact over the following years.

The MBS Impact Model

Munich Business School is an impact-driven business school, where societal, environmental and economic challenges inform our educational approach. We educate the leaders of tomorrow and it is our goal to inspire and foster responsibility in all our learners – from students to staff to partners. We call ourselves the first Quintuple Bottom School, building on the Triple Bottom Line model which we have extended and formed into our own impact model.

People

Focuses on fostering a diverse and inclusive academic community, ensuring equitable access to education and promoting the wellbeing of students, faculty, and staff.

Planet

Emphasizes environmental sustainability, minimizing negative impact on natural ecosystems and promoting ecological health.

Passion

Relates to enthusiasm and commitment, inspiring stakeholders to engage deeply with the school's goals and values.

Purpose

Centers on having a meaningful mission or vision that guides the school's actions and decisions beyond profit.

Prosperity

Pertains to economic success, including profitability and long-term financial viability for all stakeholders.

Research and Education

As a higher education institution, we bring our mission to life by integrating all our impact-driven endeavors into our very fabric – research and teaching.

Prof. Dr. Sophie Hieke
"It has been one of the most rewarding activities to take on this challenge, to document the impact at MBS, but also to create a plan for developing our own unique impact model in the future."
Prof. Dr. Sophie Hieke Impact Officer

Why do we need to focus on impact as a business school?

The big societal problems such as the climate crisis, social inequality or global health cannot be overcome alone. Business is increasingly expected to take the lead in finding solutions to these challenges. Consequently, business schools, which educate the leaders of tomorrow, also carry a major responsibility.

At Munich Business School, we take this responsibility for society seriously. We are convinced that impact has become a relevant measurement for management education legitimacy and therefore ensure that our degree programs go beyond traditional business education. We sharpen our students' conscious awareness of the world around us, teach them more inclusive strategies, and inspire them to choose work opportunities with a societal impact.

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MBS Impact Report 2024

Together, we create impact. The fourth Impact Report of Munich Business School highlights collaboration and shared agency within our community. It showcases how impact is created through connection, responsibility, and collective action. Research and education are at the core, linking the dimensions of our impact model and demonstrating how knowledge drives and scales meaningful change.

MBS Impact Report 2023

With Munich Business School's third Impact Report, we focus on what makes our progress and impact possible in the first place - people. Our students, our dedicated team of staff and faculty, and our inspiring partners are at the center of all our efforts. It's All About the People.

MBS Impact Report 2022

In Munich Business School's second Impact Report for 2022, we affirm our commitment and document further progress. This report presents the development of our own impact model and highlights our efforts to establish MBS as a hub for innovative solutions.

MBS Impact Report 2021

With our impact report 2021, we have publicly acknowledged our commitment to impact for the first time and pledged to issue yearly reports on our progress, from now on.

Want to become part of our impact initiative at MBS?
Professor for Marketing and Communication
Academic Director Master International Marketing and Brand Management
Impact Officer
Prof. Dr.  Sophie Hieke +49(0)89 547678-0 impact@munich-business-school.de
Would you like to learn more? About our commitment Download Impact Report 2024