College of Business is "Beyond the Ordinary"
May 9, 2021
Founded in 2013, the College of Business quickly grew to become one of CSUMB’s largest colleges. An average of 14.5 percent of all students enroll in the business school each year, and business administration is the most popular undergraduate major at the university.
The college is the only one of its kind in the world to teach Responsible Business and the quintuple bottom line as core concepts, according to Dean Shyam Kamath.
The quintuple bottom line goes beyond the traditional triple bottom line of profit, people, and planet by adding ethics and equity. Future business leaders learn to develop and transform organizations into 21st-century business models, achieving financial success while taking care of valuable human and environmental resources, Kamath said.
Programs are available in Agribusiness, Sustainable Hospitality Management, Business Entrepreneurship, and Social Entrepreneurship.
The college’s Institute for Innovation and Economic Development (iiED) aims to build a sustainable economic ecosystem in the Monterey Bay region beyond hospitality and agriculture.
“It diversifies the region. It brings tech companies, companies in food processing, companies in recreation and healthcare,” Kamath said.
The iiED sponsors three major hands-on programs each year under the Startup Monterey umbrella for students and community members. It also co-hosts meetups, expos, forums, and symposiums, which connect students, developers, designers, entrepreneurs, mentors, and resources.
The institute estimates it has trained more than 2,000 entrepreneurs, helped start over 525 businesses and seen more than $10 million in capital raised by companies.
Read the full article, "Beyond the Ordinary: CSUMB offers unique degrees, opportunities to students" by Sophia Huang McKenzie.