Master of Business Administration (MBA) in Non-Profit Management programs are designed to teach degree candidates the theoretical and practical knowledge needed to effectively manage a social organization. Strong communication skills and cultural awareness are also emphasized. Prior to graduation, students must complete an internship and may be required to demonstrate proficiency in a foreign language. Most programs take two to three years to complete, but there are some accelerated programs that can be finished in 16 months.
In order to apply, students must hold a bachelor's degree and have one to two years of professional experience in business. They are also required to submit GMAT scores, letters of recommendation, and an admissions essay.
Non-Profit Management MBA Programs
The curriculum of these programs features a set of core business administration classes, complemented by elective courses in the social sciences and humanities. Students can expect to explore all aspects of non-profit management, including fundraising methods and program planning. Core coursework may include the following classes:
- Volunteer management
- Business ethics
- Non-profit marketing
- Effective grant writing
- Strategic program evaluation
Employment Outlook and Salary Information
According to the U.S. Bureau of Labor Statistics, the mean yearly wage for social and community service managers was $71,670 in May 2018. Employment is expected to increase by 13% between 2018 and 2028, which is much faster than the average for all occupations.
Continuing Education Information
While an MBA is usually the most advanced degree necessary for a high-level business career, graduates interested in research, consultation and academia may wish to pursue a doctorate. Options for students interested in non-profit management include a Ph.D. in Public Policy and a Ph.D. in Public Administration.
In conclusion, an MBA in Non-Profit Management provides students with the theoretical and practical business skills they need to effectively manage a nonprofit organization or pursue advanced studies in related fields.