The MBA concentration in Nonprofit Management is designed to strengthen the knowledge and capacity of students who are interested in working in organizations with social missions. An increasing number of professionals are choosing careers in the growing number of nonprofit organizations that address challenging humanitarian and social issues in the US and globally. Critical leadership skills and solid managerial knowledge are required more than ever to meet the evolving demands in the nonprofit and public sectors.
This concentration provides a firm grounding in the essential responsibilities of nonprofit leaders and managers and prepares them to effectively assume the many roles required for success. The distinctive and unique aspects of the nonprofit sector are studied in depth, leading to increased confidence by students to work effectively to meet the challenges of governance, philanthropy and fundraising, financial management, social marketing, social entrepreneurship, and strategic human resources, including the essential role of volunteers in the sector.
Upon completion of the concentration, students will be prepared to integrate organizational mission with economic strategy, recognize and address the challenges and opportunities within the sector, and will have gained the skills to found, lead, manage and govern nonprofit organizations.
Concentration in Nonprofit Management (3 courses: 3 required, electives offered for additional depth)
- Finance and Accounting for Nonprofits (GSM 560 — required)
- Nonprofit Management (GSM 561 — required)
- Philanthropy, Policy, and Fundraising (GSM 563 — required)
- Marketing for NPOs and Social Change (GSM 529 — elective)
- Strategy Consulting for Social Ventures (GSM 533 — elective)
- Internship (GSM 501 — elective: must meet specific criteria, requires advance advisor approval)
Nonprofit Management (GSM 561 — required)
This course will prepare students for effective leadership and management in the nonprofit sector, a sector that spans organizations of all types and sizes and is a vital partner with the for profit and government sectors both nationally and internationally. The course will examine the nonprofit sector from historical, legal, societal, social entrepreneurial and social marketing perspectives and will address the skills required to lead a mission-based, nonprofit organization. There is a strong emphasis on the ethical underpinnings of nonprofit organizations and their applications; the differences between nonprofit and for profit organizations and how these differences drive decision making. Nonprofit-specific areas that are covered include the roles and responsibilities of boards of directors, fundraising and financial development, management of volunteer programs, financial structures, accountability, strategic planning and organizational growth. Subject areas will be examined through case studies, assigned readings, web based research, lectures, class discussions and guest speakers. Students are required to fully prepare for and participate in the class and select one nonprofit organizational topic on which to prepare a written report. Prerequisite: None
Philanthropy, Policy, and Fundraising (GSM 563 — required)
This course explores the history and development of philanthropy in the United States, the impact of evolving public policy and the spread of philanthropy throughout the world. The course provides an in-depth review of the major areas of fund raising in the 21st century, including the development of fund raising plans and campaigns, working with donors, corporations and foundations, and trends for the future. Prerequisite: None
Marketing for NPOs and Social Change (GSM 529 — elective)
This course will examine the role and application of marketing in nonprofit and public settings. It focuses on a conceptual understanding of the marketing discipline and marketing processes and shows how basic concepts and principles of marketing are applicable to nonprofit and public social organizations. This course will identify and examine processes for assessing, establishing and creating value-creating relationships among suppliers, providers and consumers of nonprofit organizations. This course will place particular emphasis on forging productive exchange relationships with clients, customers and donors. Prerequisite: None
Strategy Consulting for Social Ventures (GSM 533 — elective)
Internship (GSM 501 — elective. Must meet specific criteria, requires advance advisor approval)
An internship may be used as one of the two electives by advisor approval. The internship must be very application oriented for nonprofit work, and the student must have the appropriate course work, skills, and background to fully engage in the work of the internship.