Contrary to popular opinion, MBAs are not just for ambitious high-fliers aiming for leadership roles in the corporate world.
Many MBA graduates use their qualifications to make a difference in the not-for-profit (NFP) sector or start their own social enterprise, finding great personal and professional satisfaction in the process.
According to the Productivity Commission, there are more than 600,000 NFP organisations in Australia. Some of them are large businesses that need the skills and expertise of an MBA graduate to solve complex financial, governance and management issues.
Many are also successful social enterprises. Entrepreneurs including Simon Griffiths, Bec Scott and Eyal Halamish were inspired to combine their business acumen with a belief in a social or philanthropic cause.
Simon Griffiths, Who Gives A Crap
Melbourne-born Simon Griffiths is co-founder and CEO of Who Gives A Crap, a social enterprise that sells recycled toilet paper, tissues and paper towel. In addition to helping save the environment, the company donates 50 per cent of its profits to charities that help build toilets and improve sanitation in the developing world. More than AU$1 million has been donated since the first product was launched in March 2013.
Bec Scott, STREAT
A desire to eliminate youth homelessness through social enterprise was the driving force behind Bec Scott starting STREAT. Through its chain of Melbourne cafes, STREAT provides hospitality training and work experience for homeless youth, equipping them with the resources and life skills to help get them off the streets for good. Scott believes in the importance of using market-based solutions rather than traditional welfare channels to create social change – an approach that saw her named Ernst & Young Social Entrepreneur of the Year in 2016.
Eyal Halamish, OurSay
Eyal Halamish is a successful social entrepreneur who co-founded OurSay, a community engagement platform that revolutionises the way governments and organisations communicate with the public. Halamish’s background in management consultancy within the mining and banking sectors, along with a vision to see greater public participation in important social issues, inspired him to find a way to connect government leaders and policy-makers with local communities.
Whether your dream is to run a large not-for-profit or start your own social enterprise, studying an MBA online with Victoria University will give you the specialist knowledge and advanced business skills you need to make a difference.
Contact us today for more information and to kick-start your MBA not-for-profit adventure.