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2011/12/14

MBAs Lend Their Skills to Nonprofit Boards

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MBA Express

Dec 14, 2011

This Week's Top Story

This Week's Top Story - MBAs Lend Their Skills to Nonprofit Boards

Saving the World

MBAs Lend Their Skills to Nonprofit Boards

Programs that pair MBAs with nonprofits that need their skills are giving students a way to obtain board experience and have a social impact

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This week in MBA Express

Dear Reader:

By now it should be no secret that the most recent generation of b-school students, members of the famously idealistic Millennial generation, want to use their MBAs to fix the world's problems. So it should also come as no surprise that more of them are gravitating toward programs that allow them to do just that-while still in school.

As Alison Damast writes, these so-called Board Fellows programs place MBAs on nonprofit boards and require them to do a project that utilizes their business skills, such as analyzing the organization's fund-raising efforts or developing marketing or social media plans. The organizations benefit from the students' skills and youthful enthusiasm; the students get to put their classroom learning to a real-world test and indulge their inner idealist. As a way to solve two problems in a single stroke, that's hard to beat.

Louis Lavelle, Business Schools Editor, Bloomberg Businessweek

Louis Lavelle

Louis Lavelle
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