Degree Overview: Master of Business Administration (MBA) Degree in Nonprofit Management
Majors Overview May 22, 2015Get information about Master of Business Administration (M.B.A.) degree programs in Nonprofit Management and their education requirements, coursework, career choices, job and wage outlook, and continuing education choices.
Master of Business Administration (M.B.A.) Programs in Nonprofit Management
Students interested in leadership positions in various nonprofit organizations should look into Master of Business Administration (M.B.A.) degree programs in Nonprofit Management. Students will learn about performance appraisal techniques, marketing practices, and planning and budgeting strategies. They will also learn core business subjects, such as business ethics and macroeconomics. Many programs will include collaborative group projects or internships to facilitate hands-on experiences. Schools may offer these programs in online or classroom formats.
Education Requirements
Admission criteria typically require incoming students to hold a bachelor’s degree from an accredited school, in addition to prior work experience in the field.
Coursework
Coursework includes topics such as human resource management, budget planning, managerial economics, and financial accounting, as related to various nonprofit organizations. While marketing management, fund-raising, advocacy and grant writing are included in general coursework, core coursework may cover subject areas such as:
•Human resource management
•Nonprofit law and ethics
•Project management
•Portfolio management
•Managerial economics
•Financial management
•Volunteer and staff management
•Financial accounting
Career Choices
Program graduates may aspire for administrative and leadership positions in various social advocacy, grant-making and nonprofit organizations, which could include various responsibilities, including grant writing, financial management, and volunteer organization. They could seek jobs in professional settings such as:
•Labor organizations
•Social advocacy organizations
•Civic organizations
Job and Wage Outlook
Over the 2012 – 2022 decade, a job growth of 13% has been predicted for public relations and fundraising managers. In May 2012, these professionals brought in an average annual wage of $95,450 (U.S. Bureau of Labor Statistics).
Continuing Education Choices
While schools don’t commonly offer doctoral degrees in nonprofit management, a doctoral degree in a similar field, such as public policy, may be obtained by interested students. The Ph.D. in Public Policy could lead to careers in teaching and policy research. In doctoral public policy programs, theories of public policy analysis and management are explored.
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