MBA students helping Ghana reach zero poverty

Sustainability is slowly becoming a growing focus for many business school students. Not only do students want to learn the fundamentals of business and how they increase profit, but they also want to learn how these fundamentals can help people and the planet too. 

Although sustainability teaching has been something that many schools have implemented for a while – usually through a short, individual module on the MBA programme – more and more schools are embedding sustainability into their whole curriculum, and some are even launching master’s programmes dedicated to making the world a better place. 

However, at ESMT Berlin, many students are not just learning how business can boost sustainability, but how it can aid people and the planet. As part of the MBA programme at ESMT, MBA students are able to complete the ‘Responsible Leaders Fellowship’, a project that allows MBA students to gain real-world business experience in Asia or Africa helping a local non-profit company with a sustainability-focused initiative.  

The aim of the project is to give students a greater insight into non-profit organisation, while also giving these organisations invaluable expertise from MBA students, completely free of charge.   

The latest cohort to take on the project includes Pranav Komarraju and Frans Van Der Werf, MBA students originally from India and the Netherlands, respectively. Both students worked on a virtual project with Tieme NDO – a Ghana-based non-profit which is providing rural farmers, who experience inconsistent crop yields and thus revenue, a way to buy the farm inputs with the help of innovative payment programs.  

“For many farmers in Ghana, it can be difficult to thrive,” says Frans Van Der Werf. “The industry is turbulent and often uncontrollable, not only because of weather conditions but because of the costs involved to begin with.”  

Farmers in Ghana are experiencing the reality of climate change: unpredictable rains, hot weathers, strong winds and rising sea levels. As the impact of climate change increases, farmers are beginning to fear for their livelihoods and coming generations. That is why ESMT Berlin MBA students have been drafted in to not only advise, but help implement new strategies into the business.  

“In order for the company to grow, Tieme NDO needed specific help in fields such as forecasting, improving the financial models, calculating impact etc,” says Pranav Komarraju. They brought in the help of Enpact, a mentorship group working with ESMT Berlin MBA students. The students had to understand the company and provide suggestions and structure in the company’s roadmap.