Non-Profit Management MBA

MBA in Non-Profit Management Degree Overview

Masters in Business Administration programs with a concentration in nonprofit organizations provide business professionals the communication and fund raising skills necessary to harness public support for their causes. Students seeking executive and management-level leadership positions within civic and charitable organizations can increase their marketability and salary range with this course of study, which can be completed in 10 to 16 months with a full-time course load and 16 to 28 months with part-time schooling.

What is an Online MBA in Non-Profit Management?

The online MBA graduate has three basic regions in which to find work:

• government
• private firms
• non-profit organizations

Non-profit organizations are a quickly growing job field today; opportunities are arising all the time, and one of the highest areas of need is that for managers. Non-profits depend on their managerial employees to keep them running smoothly and to ultimately make them succeed. The online MBA in non-profit management is meant to equip you for one of these essential managerial positions.

Why a Online Nonprofit MBA

Why should your Online MBA Program with a Concentration in Non-Profit Management? Here are some benefits of this MBA:

  • Getting a Non-Profit MBA helps graduates increase their marketability and potential salary range while equipping them to pursue executive and managerial positions at nonprofit organizations.
  • The MBA offers non-profit professionals relevant training in finance, accounting, strategic management marketing, and information systems.
  • MBA – Non-Profit Concentration students learn how to handle industry-specific challenges such as attracting top-quality employees, fundraising, maintaining goodwill services and finding meaningful ways to evaluate success.
  • Since charitable organizations are built on business principles, MBA students with a Non-Profit Concentration are poised for success in this evolving field.
  • The networking aspects of business school are always helpful, though you should be aware that many non-profits do not advertise jobs through campus networks.
  • Many of the top universities offer online mbas with no gmat required.

Who should choose a MBA in Non-Profit Management?

If you have established your career already and it’s going the direction you want it to go (or if you want to give it a little nonprofit twist), this major will help you achieve a raise in salary and opportunities for higher-paying positions. If you’re just starting out in the career field, this degree will help you earn a starting salary that is much higher than it would be with just a bachelor’s degree.

MBA Degree Programs

Click on the links below for more information about online mba degree programs.

Nonprofit MBA Courses and Areas of Study

Individual MBA – Non-Profit Concentration programs will vary depending on your institution of choice, and the topics listed below are just a sampling of common courses. For a specific course list, contact your school.

  • Environmental Affairs
  • Executive Leadership
  • Financial Management
  • Human Resource Management
  • Law and Public Affairs
  • Management in the Non-Profit Sector
  • Public Management
  • Public Policy Process
  • Public Program Evaluation

MBA in Nonprofit Career Opportunities

Below are possible career options for qualified MBA – Non-Profit Concentration graduates. This is not a complete list and serves only as a guide to potential career paths.

  • Associate Director
  • Controller
  • Corporate Tax Manager
  • Director of Administration
  • Director of Market Risk
  • Director of Development
  • Executive Director

This major trains you to be able to

• manage resources
• fill a variety of different roles in the management sphere
• generally hold the entire nonprofit organization together with procedures, policies and fundraising.

You will probably fulfill these objects in a career as a manager or other corporate employee, with a nonprofit organization as your employer, since nonprofits are the specialty in this major. However, if you decide that a career in some other area is best for you, there will always be managerial positions open to those with an online MBA that, while not strictly within your specialty, may still be the best career fit. As an estimate, you can expect between $35K and $60K per year.

Industries for Nonprofit MBAs

According to the Boston University School of Management, MBA graduates with a Non-Profit Concentration go into one of three main career areas:

  • Running and managing non-profit organizations
  • Related fields such as corporate philanthropy, corporate social responsibility, and socially responsible investing
  • Government organizations

Today’s business-school trend is somewhat of a blurring of the lines between these categories, so this MBA can facilitate easier career shifts within the field. As with any other Professional MBA Program, this course of study is demanding, particularly for those juggling school with work and/or family. Time management is critical if you plan to embark on this degree.

The MBA – Non-Profit Concentration is offered in traditional on-campus programs as well as online. Some online mba degrees can be entirely completed through the internet, while other schools require occasional visits. Consult your school for specific information.

Nonprofit MBA Educational & Admission Requirements

For this degree, you will probably not be required to have a specific undergraduate. You will, however, be required to hold some type of Bachelor’s degree (your choice) and you will need to provide official transcripts from the institution at which you earned it. Most MBA – Non-Profit Concentration programs require an undergraduate degree from an accredited school and minimum GPA requirements, as well as two or more years of professional experience. Graduate Management Admissions Test (GMAT) scores are also required, and you will likely have to provide a professional resume and conduct a personal interview.

Nonprofit MBA Accreditation

There are several accrediting bodies for business schools. Be sure to research the accrediting organization before selecting a program.

AACSB International – The Association to Advance Collegiate Schools of Business
www.aacsb.org

Association of MBAs
www.mbaworld.com

Nonprofit Resources

There are many professional organizations and advocacy groups for business professionals in the nonprofit world. These provide a wealth of information and are a powerful resource.

Financial Executives International
www.financialexecutives.org

MBA – Nonprofit Connection
www.mnconnection.org

Young Nonprofit Professionals Network
www.ynpn.org

Nonprofit Salaries – You can earn more than you think