Concentration in Nonprofit Entrepreneurial Management

The nonprofit sector represents one of the fastest growing sectors of the U.S. national economy. The nonprofit sector encompasses many types of mission-driven and results-oriented organizations that increasingly demonstrate innovations in management, leadership, and stewardship initiatives.

Our focus on entrepreneurial management training responds to a growing expectation that nonprofit organizations – whether they be churches, hospitals, other non-governmental organizations (NGOs), or international governmental organizations (IGOs) – need to be managed effectively for results and for stewardship of social, economic, and natural capital. In addition, social entrepreneurs are leading the charge on the Triple-E bottom line for investments that demonstrate that they are economically viable, environmentally sound, and socially equitable (and ethical).

In today’s environment, nonprofit management requires a capacity to serve as a good steward of organizational and community values and resources, to lead and work with people effectively, and to manage well through the requisite skills of financial, personnel, and project management. Through these enhancements we equip our students with the skills to be successful in their leadership and management roles.

The Nonprofit Entrepreneurial Management concentration provides the theory and practice for managing and leading nonprofit organizations to achieve innovation, effectiveness, and sustainability in the stewardship of social, economic, and natural capital. The program serves reflective practitioners who seek to do good and to do well in these endeavors. Please see the section on Curriculum for information about specific course offerings.

General Curriculum

The program (36 credit hours) takes 2 years, usually in 24 consecutive months, including a three credit hour capstone course in the final semester. The accelerated format assumes students spend more time on coursework out of class than in a traditional delivery format.

Students are expected to take the courses in the order outlined below. Any deviation from this schedule must be approved by the MBA program director.

NOTE: Course requirements and order may change as the program evolves. Students are accountable to the sequence of course work under the catalog in which they entered the program and as updated from time to time on the MBA website. Should program courses change and the student desire to replace an old requirement with a new one, he/she must petition the co-directors for the change to occur.

Prerequisites (12 SH)

Students are expected to complete the following prerequisites as a condition for admission to the EMU MBA program:

• Survey of Economics
• Statistics for Business
• Survey of Accounting
• Introduction to Finance
  All prereqs offered in an online format in the fall, spring, and summer

Concentration in Nonprofit Entrepreneurial Management (36 SH)

• OLS 510 – Leadership and Management for the Common Good
• OLS 520 – Comparative Perspectives on Business and Society
• OLS 530 – Organizational Behavior
• OLS 610 – Strategic Marketing Management
• OLS 550 – Technology, Information and Data Analysis
• MBA 660 – Stewardship, Innovation, and Social Entrepreneurship or ELECTIVE
• OLS 540 – Managerial Accounting and Finance I
• MBA 630 – Managerial Economics
• MBA 640 – Managerial Finance and Accounting II
• MBA 650 – Sustainable Organizations for the Common Good
• MBA 665 – Project Management & Grantwriting (Every other year odd)
• ELECTIVE – chosen in consultation with the MBA director (3 SH)

Practicum

MBA 691 – Practicum in Social Entrepreneurship and MBA 692 – Research in Stewardship and Innovation are available on a limited basis.