Your future is working in the non-profit sector with an NGO or other global aid organization. You plan to pursue an MBA degree to hone your financial skill set to really make a difference. To get you started, here’s a list of scholarships and fellowships offered at top MBA Schools for social entrepreneurs in 2015:
SOM | Yale
The SOM school at Yale maintains a weekly lecture series (Social Impact Lab) as well as several clubs that provide a support network for those interested in pursuing a career in social entrepeneurship. They introduced (pioneered) a loan forgiveness program for those working in the public and non profit sectors.
- Yale Loan Forgiveness Program
- Teach For America Scholarship
Center for Social Innovation | Stanford Business School
Stanford established the Center for Social Innovation in to cultivate leaders who can solve social and environmental issues. The Stanford Management Internship Fund support students’ summer internships at socially-geared institutions, and the Social Innovation Fellowship awards those with social venture projects after they graduate.
- SMIF – Stanford Management Internship Fund
- Social Innovation Fellowship
- MBA Loan Forgiveness Program
Social Enterprise Initiative | Harvard Business School
The Social Enterprise Initiative at Harvard aims to apply innovative business practices and managerial disciplines to drive sustained, high-impact social change. Along with clubs and associations, HBS has a loan repayment assistance program, fellowships, contests, and funds for those who wish to start social enterprise projects.
- HBS Nonprofit / Public Sector Loan Repayment Assistance Program
- Horace W. Goldsmith Fellowship
- Reimbursement for Social Enterprise Projects
- New Social Venture Competition
- Social Enterprise Summer Fellowship
The Skoll Center for Social Entrepreneurship is designed to accelerate the impact of entrepreneurial activity that aims to transform unjust or unsatisfactory systems and practices. The Skoll and Pershing Graduate Scholarships offer full tuition and partial living expenses.
Lester Center for Entrepreneurship | Haas Berkeley
The Lester Center at Haas Berkeley’s mission is to train business leaders to drive positive, disruptive change to society by building scalable enterprises. The Jacobs Foundation awards $180,000 for those pursuing a career in social impact. The John E Martin Fellowship awards financial support to those associated with the mental healthcare sector. The Global Social Venture competition offers $50,000 in prize money, and there is the Haas chapter of the global Net Impact network.
- Jacobs Foundation Fellowship
- John E. Martin Fellowship
- Global Social Venture Competition
- Net Impact @ Haas
Levy Social Entrepreneurship Lab and SEEK | Kellogg School of Management
The Carol and Larry Levy Social Entrepreneurship Lab at Kellogg aims to inspire students to leverage best business practices in the service of positive, sustainable social impact across all sectors of leadership including the non-profit, public and for-profit sectors. They offer the Social Entrepreneurship award of $70,000 seed money, as well as an annual case competition to promote education innovation. As well, the SEEK (Social Enterprise at Kellogg) specialization that is focused on building leadership skills and awareness to help Kellogg graduates be socially responsible global leaders in all sectors. SEEK has its own Case competitions and challenges.
- Social Entrepreneurship Award
- Social Entrepreneurship Launch Awards
- Kellogg Education Innovation Case Competition
- F.C. Austin Scholarship
- Youn Impact Scholars
- Morgan Stanley Sustainable Investing Challenge
Social Impact Initiative | Wharton
The Social Impact Initiative at Wharton is committed to being the best business school in the world and for the world. Along with a fellowship and loan forgiveness program, the Social Impact and Social Entrepreneurship research group work together to examine business models to address societal challenges.
- Social Impact Fellowship
- John M. Bendheim Loan Forgiveness Fund for Public Service
- Business Plan Social Impact Competition
Center for Advancement of Social Entrepreneurship (CASE) | Fuqua Duke
The Center for Advancement of Social Entrepreneurship at Duke sets out to prepare leaders and organizations with the business skills needed to achieve lasting social change by offering various scholarships, fellowships, internships, and loan forgiveness programs.
- CASE Social Sector Scholarship
- Peace Corps Coverdell Fellowship
- CASE Summer Internship Fund
- Loan Assistance Program
Social Enterprise | Stern NYU
NYU Stern provides a comprehensive program for students interested in social enterprise, including a stipend and challenge competition, a loan payment program funded by the Social Enterprise Association MBA club, and a summer internship fund.
- Social Impact Stipend and Challenge
- Social Venture Competition
- Loan Assistance Program
- Social Impact Internship Fund
Image Credit: ©Depositphotos.com/(vaeenma)
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