The 21st century will go down in history as an era of rapid changes. Adaptability is increasingly important, along with the ability to notice changing trends, create new innovations, and provide solutions at an ever-accelerating pace. The world is becoming increasingly focused on mitigating the impact of climate change and promoting environmentally sustainable business practices. This, in turn, necessitates the transformation of existing economic models.
Business schools have a significant role in training current and future business leaders—they are involved in developing and testing new economic models in practice. At EBS, which has been operating for 35 years in the interests of Estonia's economic and entrepreneurial development, we focus on sustainability, the circular economy, and digitalization in both our research and teaching activities, as well as in the daily life of the organization. This is a significant and impactful task. As stated in EBS's green and circular economy strategy, the greatest impact EBS can have on the environment is through its success or failure in preparing specialists in the green sector and increasing environmental awareness among leaders. There are very few universities in Europe that have not placed sustainability and digitalization at the forefront. EBS invests in these areas for the same reasons as others: they define our era and will have a central impact on society and the economy over the next 5–15 years.
- For instance, one of EBS's three bachelor's programs is Impactful Entrepreneurship, where sustainability topics are covered throughout all three years of study.
- In the master's program, there is a one-year course focused on enhancing innovation in the green economy. Graduates of this program gain a comprehensive and systematic understanding of sustainability at the macro level, including sustainable finance.
- Additionally, in the doctoral program, the university has several students researching circular economy business models and how to help companies implement necessary changes.
It is wise to learn while still at school, where mistakes can be made much more cheaply and painlessly than later in the workplace. As always, school also provides connections, which are the cornerstone of entrepreneurship. EBS helps today's and future leaders create a strong business network, connecting students, alumni, and business professionals. This network is a valuable resource that enhances career opportunities and fosters collaboration in the field of entrepreneurship.
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