Will a Social Impact MBA Help You Reach Your Career Goals?
The MBA degree has long been a stepping stone for careers in consulting and finance. Yet, in recent years, we've seen a shift towards using the MBA as a force for social good. That's why Stacy Blackman offers a Social Impact Accelerator package designed just for purpose-driven applicants. Are you wondering whether you can reach your career goals faster with a social impact MBA? Here are some reasons why more professionals are considering this type of degree to advance their social sector careers.
For starters, there's a growing recognition of companies' role in addressing social and environmental issues. The business world has both the resources and expertise to impact areas such as climate change, inequality, and access to education and healthcare.
Where Can You Get a Social Impact MBA?
Many MBA programs now offer courses and concentrations in how to use business as a force for good. For example, the Yale School of Management includes material related to social and environmental issues in all courses in the MBA core. In fact, every initiative at the school considers how business and market forces can improve the world.
At the UC Berkeley Haas School of Business, students find a substantial list of social impact coursework and experiential learning opportunities they need to prepare for careers in CSR, nonprofit and public leadership, or social entrepreneurship. Meanwhile, at the NYU Stern School of Business, students can pick up to three focus areas in social enterprise and choose from a pool of over 200 electives in areas such as social entrepreneurship, venture philanthropy, and corporate social responsibility.
Listen to B-Schooled Podcast Episode #191: Using an MBA in Corporate Social Responsibility
MBA graduates are trained in problem-solving and decision-making, which are desirable skills in the social impact sector. They also can understand and manage organizations' financial and operational aspects, which is crucial for sustainability and scalability.
Plus, the MBA provides a network of like-minded individuals who are also passionate about making a difference. MBA programs often have a strong sense of community and offer opportunities for students to collaborate on social impact projects. These experiences can lead to long-term collaborations and partnerships that have a lasting impact.
Finally, the MBA can provide the necessary skills and experience to transition into leadership roles in the social impact sector. Many social impact organizations look for leaders with solid business backgrounds who bring a data-driven approach to their work. The MBA degree provides the skills and experience needed to take on these roles and drive organizational change.
Who should accelerate with SBC?
The MBA Social Impact Accelerator is for applicants with a demonstrated past commitment to social impact work. By this, we mean a full-time position at a nonprofit organization or a full-time job focused on social impact in the government or at a private-sector enterprise.
These are candidates who plan to expand their social impact and advocacy work via their MBA program experience. Interested clients will need to demonstrate their commitment to social impact by sharing their resume and a brief statement explaining why they should be considered for the Accelerator.
Now more than ever, the social impact MBA is a great way to confront some of society's most pressing issues. As more professionals seek careers in these fields, the MBA degree will continue to be a valuable tool for making a difference in the world.
Stacy Blackman Consulting is the only MBA admissions firm with a complete panel of former Admissions Officers from every M7 program and the elite European MBA programs. We offer multiple services to meet your MBA application needs, from our All-In Partnership to hourly help with essay editing, interview prep, and MBA resume review. Contact us today for a free 15-minute advising session to talk strategy with a Principal SBC consultant.