Search

Site map

Sections:

Front Page

Gifts & Grants

Fund Raising

Managing Nonprofit Groups

Technology

Philanthropy Today

Jobs

Features:

Guide to Grants

The Nonprofit Handbook

Facts & Figures

Events

Deadlines

The Chronicle in Print:

Current Issue

Back Issues

Products & Services:

Directory of Services

Guide to Managing Nonprofits

Continuing-Education Guide

Fund-Raising Services Guide

Technology Guide

Customer Service:

About The Chronicle

How to contact us

How to Subscribe

How to Register

Manage Your Account

How to Advertise

Press Inquiries

Feedback

Privacy Policy

User Agreement

Help

Philanthropy Careers
Thursday, October 31, 2002


 How to post a job Recruitment marketing For employers

TOOLS AND TRAINING

Where M.B.A. Holders Wind Up in the Nonprofit Field

In The Harvard Business School Guide to Careers in the Nonprofit Sector (Harvard Business

SAMPLES OF E-NEWSLETTERS:

What a Master's in Business Can Mean for a Career in Charities


School Press, 2000, $22.95), Stephanie Lowell provides an overview of the types of positions that employees who hold master's degrees in business administration have been most likely to hold at various kinds of nonprofit organizations, although the range of roles continues to grow. A summary of her findings follows:

Arts and culture. At museums, performing-arts centers, zoos, and public-broadcasting stations, M.B.A. holders usually serve specific functional roles in areas such as finance, marketing, and strategic planning. They often head museum shops or other parts of the institution that earn revenue.

Community economic development. More and more business-school graduates are entering this field as executive directors and financial officers. People with real-estate or financial-services backgrounds are particularly sought by housing organizations (Habitat for Humanity International, for example).

Education. Charter and private schools need administrators with operations and finance knowledge, so they are particularly interested in people with business backgrounds. In higher education, M.B.A. holders tend to work in administration, admissions, and fund raising.

Environment. Because the ability to work with for-profit corporations is particularly important in this field, environmental groups seek people with a strong grasp of statistics, economics, and finance. However, because they are also looking for people who understand environmental issues, it is vital to have a grasp of both the issues and business skills.

Foundations. Managing endowments is an obvious role for business-school graduates. However, other foundation jobs can be tough for candidates with that background to land.

Health care. Large health-care institutions are becoming more and more like businesses, so business-degree holders are a good fit for senior management positions. M.B.A. holders who also either are physicians or have master's degrees in public health are especially marketable.

International aid and economic development. Unless a job candidate has previous experience working overseas on public-service programs, this is a tough area for business-school graduates. Advisory and administrative roles on the business side are most common for employees who hold M.B.A.'s.

Social services Most business-school graduates at these charities wind up working in finance, marketing, or strategic planning. However, those who also have experience related to their groups' missions -- a background in child and family welfare, for example -- could end up in senior management.

-- Alicia Abell



Easy-to-print version

E-mail this article

Subscribe

Copyright © 2002 The Chronicle of Philanthropy





Build a Career



Resources
Charities that raise the most money

Salary and cost-of-living calculators

Discuss your job search

Books on nonprofit careers

Links to online resources

New This Week

JOB MARKET
Rethinking Nonprofit Jobs
Competition and the bad economy force charities to get creative

Library
Job Market

In the Trenches

Volunteerism

Tools and Training

Brainstorms

New on the Job

Inbox