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Faculty & Experts
09 November 2026

Bridging the Gaps in Sustainable Finance and Development

Nathan Sussman, Professor of International Economics and Director of the Centre for Finance and Development, addresses the strengths of the Institute’s Master of Advanced Studies (MAS) in Sustainable Finance and Development, of which he is Programme Director. 

What inspired the creation of the MAS, and what gap does it address?

The programme emerged from the recognition that addressing global development and environmental challenges requires mobilising private capital alongside public resources. Yet traditional finance programmes rarely address development challenges, while development programmes often lack rigorous financial training. Our MAS bridges this gap by combining financial expertise, development economics, and a critical understanding of sustainability and impact.
 

What distinguishes this MAS, and what advantages does Geneva offer? 

Our distinctive approach combines rigorous academic training, interdisciplinary perspectives, and direct engagement with practitioners. A particularly unique feature is our close collaboration with leading development finance institutions, including the International Finance Corporation (IFC) and the European Bank for Reconstruction and Development (EBRD), through practitioner-led teaching and field missions that expose students to real investment challenges in emerging economies. Geneva's exceptional ecosystem, where global finance, international organisations, and development institutions intersect  further enriches this experience. Together, these connections allow students to bridge theory and practice, build international networks, and understand how finance can become an instrument for economic and social transformation.
 

What career paths do graduates pursue, and how does the MAS prepare them?

Our graduates pursue diverse careers across sustainable finance, impact investing, asset management, sustainability advisory, and international organisations. Many begin their professional journeys through internships within Geneva's vibrant sustainable finance and international development ecosystem, which often lead to longer-term employment opportunities. We prepare them through rigorous analytical training, practitioner-led courses, and hands-on field projects, equipping them with the skills, practical experience, and professional networks to contribute meaningfully to these fields.


How do you see sustainable finance evolving, and what role should graduates play?

I believe sustainable finance must move beyond environmental, social, and governance (ESG) labels and compliance to deliver measurable economic, social, and environmental outcomes. This requires addressing market failures, developing innovative financial instruments and mobilising capital where it can make a genuine difference. But systemic change need not come exclusively from governments or international agreements. It can also emerge from the bottom up, as professionals reshape investment decisions, business models, and institutional practices. I hope our graduates will be catalysts of this transformation, demonstrating through their actions that financial performance and sustainable development can reinforce one another.