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More About NPO Graduate ProgramsFuture Leaders In PhilanthropyNational Association of Schools of Public Affairs and AdministrationBusiness as UNusual More LinksA Guide to Nonprofit-Focused Graduate Degree Programs - An MBA with a TwistBy Shannon BondTen million people, or about 7% of the U.S. workforce, are employed by the nonprofit sector. Are you one of these people? Do you want to be? Whether youre looking for a career boost or an opportunity to break into the nonprofit world, a masters degree focused on the public sector can help you get there.
As the realization that passion doesnt automatically lead to success comes to more and more non-profit managers, public sector organizations have changed their business model to run themselves more and more like their for-profit counterparts. No one has made this quite as clear as Warren Buffett, who made a global statement about the importance of business know-how in the public sector with his multi-billion dollar gift to the Gates Foundation. The good news is that colleges and universities across the country are getting the hint. Nonprofit-focused graduate programs exist in over 100 schools and this number is sure to grow as organizations begin to rely on the training and talent of a new generation of public sector leaders. Should I go back?The recent growth in the number of nonprofit-focused graduate programs means that there are plenty of opportunities to stand out in the pool of nonprofit job candidates, but it also indicates that an increasingly competitive job market is afoot. While graduate degrees are not generally required for public sector jobs, if you are serious about your career goals in this area, an advanced degree is certainly something to consider. If the growing popularity of these degree programs continues, enrolling sooner rather than later will put you ahead of the game. What are my choices?Is there a program out there for you? You may be surprised at the variety of nonprofit-focused degree programs that exist. Here are descriptions of a few:
To learn more about available degree programs and the schools that offer them, visit the following sites:
Can I afford it?Top nonprofit-related graduate programs, such as those at Columbia, Johns Hopkins and Harvard, cost upwards of $30,000 per year in tuition alone (for full-time students). These costs, combined with notoriously low public sector salaries make the decision to go back that much more difficult. Before you turn and run to the closest investment banking recruiter, remember the following:
See page 2 for more tips on choosing a graduate program that focuses on nonprofit management. More About NPO Graduate ProgramsFuture Leaders In PhilanthropyNational Association of Schools of Public Affairs and AdministrationBusiness as UNusual More Links |
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