Changing the World with an MBA Degree
More and more companies are working to better the world. More MBA degree grads are too.
A Rising Trend of Conscientiousness
You can do a literal world of good with the same skills and credentials that can land you in the high-finance fast lane. In fact, you can do an amazing variety of socially conscious work with your MBA degree.
In recent years, more and more people have been looking to use their MBA degree to benefit the world around them. Net Impact, a non-profit organization that recognizes business leaders interested in raising social, environmental and economic standards, conducted a survey of more than 2,500 MBA students in 2011. This survey revealed that 95 percent of MBA students said that having a career that makes a positive social or environmental impact on the world was important to them.
Blending Business with Social Responsibility
Having an MBA degree already shows that you are intelligent and ambitious, but how do you start using those smarts to make a difference? First, write down a list of issues that are important to you. Are you interested in addressing environmental concerns such as global warming? Protecting human rights? Preventing animal abuse? While many of these causes seem unrelated to business, organizations that want to make a difference require a healthy dose of business savvy. Most non-profits constantly struggle to match their idealism with funds and need passionate people who can help maximize their monetary efficiency and effectiveness.
Setting Priorities, Making Choices
Once you have chosen the cause you want to address, it is important to decide the amount of time and energy you are willing to contribute. Many people choose to volunteer for a cause in addition to their job, but it is entirely possible to make your issue-driven passion a full-time career.
Luckily, today's job market is favorable for people looking to dedicate their MBA skills to a cause on a full-time basis. With the high number of non-profit organizations operating in the U.S. comes both a large number of jobs and increased competition for funds, public awareness and action—MBA-specific skills have rarely been more necessary.
MBA Degrees in the Non-Profit World
Though clichés and culture have taught that money alone can't buy happiness, the combination of an MBA's salary and the personal fulfillment of helping to make a difference just might be the ticket. Even better, the benefit of combining an MBA degree with socially conscious work is a two-way street—not only does it allow employees to get more out of their job, but it also seriously benefits the cause at hand. "It's not enough to do good," says Liz Livingston Howard, associate director of the Center for Nonprofit Management at Northwestern University’s Kellogg School of Management. "You have to do good well."
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