Social Entrepreneurship and the MBA Degree

Social Entrepreneurship MBA Degree

From climate change to poverty, many areas of our society need help. Luckily, innovators today are not just creating a new product or system in order to get rich quickly – some entrepreneurial-minded folks are actually working to change the world. If you want to create a product that will actually benefit the greater good, you are a social entrepreneur. One way to help your dream take flight is to have solid grounding in basic business skills. The entrepreneurship Masters of Business Administration (MBA) is a degree that the social entrepreneur might want to consider.

What is the social entrepreneurship MBA? First, the MBA degree is a graduate level program that can take anywhere from one to three years to complete. In order to qualify for the MBA, you must have an undergraduate degree (preferably in business or accounting), and you must have a good score on the GMAT test.

Today there are a wide variety of ways to earn your MBA degree. You can choose the executive MBA program that takes a year or a standard two-year program, as well as the many options available on the evenings and weekends and online. In order to specialize in entrepreneurship, you will likely switch from general business topics to more focused subjects, such as entrepreneurial finance, leadership, global capitalism, and other subjects that are specific to those that want to own their own businesses.

Once you have earned an MBA in social entrepreneurship, your employment opportunities may be broadened. If you already have your business and a product, an MBA might help you take it the next level. If you are planning to start a new business or launch a new product, your MBA degree might make you more attractive to investors and those that might want to work with you. Strong managerial skills are invaluable to all businesses, whether or not it is your own. Entrepreneurship MBA programs aim to teach you how to hit the ground running in a management capacity, and so beginning your career by working for other companies in order to build up your chops may be a good option for you.

Creating social change is a daunting task. However, if you consider someone such as economist Muhammed Yunas, founder of the Grameen Bank – who won the Nobel Peace Prize for his groundbreaking work in microfinancing – it can be done. All over the world, smart business people are creating change in simple and direct ways. Remember too that social entrepreneurship does not just mean doing good; it can also be quite profitable. Dr. Yunas may have created much social good with his microfinancing, but his microfinance loans have a higher rate of repayment than many traditional lending institutions.

If you want to help change the world, the first step could be the social entrepreneurship MBA degree. This MBA degree strives to provide you with some of the skills, connections, and abilities required to make your dream of change possible. Get started today!