Students of this specialization, like all MEM students, are strongly encouraged to complete the MEM Foundations courses or to have had equivalent training 
. These courses provide a common foundation of concepts, principles, and tools that all MEM students should learn, regardless of their specialization, to excel as professional managers working in complex resource systems. The Foundations courses are:
Students must complete at least one of the finance/accounting courses, as well as at least one of the business strategy or law classes listed below. Taken together, these courses introduce the language and tools used by businesses as the foundation for managing their activities – including their relationships with the resource systems on which they rely:
Finance/Accounting (at least one course required)
Strategy or Law (at least one course required)
Quantitative Analysis and Measurement
At least one course is required in Quantitative Analysis and Measurement. Courses in this group impart skills and knowledge needed by business managers to organize, interpret and present observational data relevant to resource problems:
Elective courses include disciplinary and interdisciplinary treatments of an array of topics relevant to managing business and environment issues. The three groupings below reflect areas of strength in faculty and student interest at Yale – but other routes through the curriculum exist as best fit the student’s interests. Enrollment in elective courses is ultimately left to the discretion of the student and her or his advisor, but should include at least three courses in one of these areas. The elective courses can be chosen to increase both the breadth and depth of understanding and should be selected to strengthen student preparation for their Capstone Project/Course. Courses at the Schools of Management, Law and other parts of Yale may also be used to meet the electives requirement.
Sustainable Products and Operations (sample classes)
Environmental Markets and Finance (sample classes)
Innovation and Entrepreneurship (sample classes)
Students specializing in Business and the Environment should also consider taking a number of courses focused on a particular resource system (land, water, energy, materials, climate, food, etc.). Some of these resource-oriented courses are organized within the School’s specializations in Sustainable Land Management
, Water Resource Science and Management
. Others arise in the areas of Industrial Ecology, Green Chemistry, Green Engineering and related areas.
In addition to the courses on policies shaping environmental markets that are listed above, other courses cover policy topics affecting the intersections between business and the environment. Students interested in these interactions should also review the School’s guidance on courses in the area of Environmental Policy Analysis
The Capstone requirement focuses on applied problem solving and relies on the application of knowledge, methodological approaches and interpretive techniques gained from courses taken during the earlier stages of the MEM.
A Capstone project originates with the student, with input and advice from the student’s advisor for the project.
A Capstone Project may involve providing a service to a client (e.g., a company, not-for-profit, government agency or individual), preparing a business plan or undertaking a research project that culminates with a paper suitable for publication in a business or academic journal. In some cases, a Capstone Project may involve group work.
All Capstone Projects have four basic deliverables that will be evaluated by the student’s Capstone Project Advisor: (i) a brief project proposal submitted by the third week of the semester; (ii) a mid-semester progress report; (iii) a final written report; and (iv) an oral presentation of the final project. An extended abstract describing the project will be published on the School’s (new) Student Research Database and the oral presentation will be open to all members of the F&ES community.
In addition, certain courses have been identified as fulfilling the requirement for a Capstone experience. In the business and environment arena these include
Paul Anastas, Mark Ashton, Maureen Burke, Ben Cashore, Marian Chertow, Dan Esty, Eli Fenichel, Ken Gillingham, Tom Graedel, Matthew Kotchen, Reid Lifset, Robert Mendelsohn, Chad Oliver, Deborah Spalding, Julie Zimmerman.