Just as successful businesses require adept leaders, effective leadership is equally vital for nonprofit organizations to thrive. Nonprofit leaders must navigate government regulations, assess efficiency improvements, and build teams of volunteers and workers to achieve specified goals. The MBA Nonprofit Management Online course emphasizes reinvesting resources and profits to advance the mission, offering skills not typically found in traditional MBA programs. Professionals in this curriculum prioritize meaningful impact over financial gains, recognizing the significance of their roles in nonprofit management.
Choosing the best MBA programs for Nonprofit Management involves considering factors like faculty expertise, program curriculum, and institutional reputation. Standout options often provide specialized courses, experiential learning opportunities, and a focus on ethical leadership. Top-ranked programs combine academic excellence with a commitment to preparing graduates for impactful roles within the nonprofit sector, ensuring a comprehensive and relevant educational experience. Here are some of the best MBA in Nonprofit Management programs in the United States:
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College Name & Address | Tuition | Graduation Rate |
---|---|---|
#1 University of California, Los Angeles 405 Hilgard Ave, Los Angeles, California 90095 | $11,442 | 92% |
#2 Touro University Worldwide 10601 Calle Lee #179, Los Alamitos, California 90720 | $9,000 | 100% |
#3 Regent University 1000 Regent University Dr, Virginia Beach, Virginia 23464 | $15,552 | 57% |
#4 Hope International University 2500 E Nutwood Ave, Fullerton, California 92831 | $13,764 | 54% |
#5 Johnson & Wales University 8 Abbott Park Pl, Providence, Rhode Island 02903 | $13,734 | NA |
#6 Liberty University 1971 University Blvd, Lynchburg, Virginia 24515 | $7,980 | 47% |
#7 Concordia University 7400 Augusta, River Forest, Illinois 60305-1499 | $8,910 | 47% |
#8 Brenau University 500 Washington Street SE, Gainesville, Georgia 30501 | $12,834 | 46% |
#9 National Louis University 122 S Michigan Ave, Chicago, Illinois 60603 | $11,646 | 22% |
#10 Wilmington University 320 Dupont Hwy, New Castle, Delaware 19720 | $8,784 | 21% |
Source – Integrated Post Secondary Education Data System & University Data
*Tuition rates are for in-state and per year. Program specific rates may apply.
**NA – data not available
MBA Nonprofit Management programs offer a comprehensive curriculum encompassing strategic leadership, financial management, and ethical considerations tailored for the unique dynamics of nonprofit organizations. Courses explore areas like fundraising, governance, and program evaluation, preparing students to navigate the complexities of the nonprofit sector. Practical skills, cultural competency, and a commitment to social impact are emphasized, ensuring graduates can effectively lead and drive positive change within mission-driven organizations.
The Nonprofit MBA program’s curriculum is meticulously designed to impart a comprehensive understanding of nonprofit management. It covers strategic planning, financial stewardship, and leadership skills vital for navigating the unique challenges of the nonprofit sector. Through a blend of theoretical knowledge and practical application, the curriculum prepares students for effective leadership in mission-driven organizations.
However, here are some examples of courses commonly found in MBA in Nonprofit Management programs:
Introduction to Business Analytics
Covering foundational data analysis concepts, this course delves into intermediary topics like the predictive and prescriptive analysis. Analytical techniques explored encompass visualization, regression, forecasting, simulation, optimization, and risk analysis. Students acquire proficiency in utilizing advanced spreadsheet functions and visualization tools and applying them to analyze business data effectively.
Managerial Economics
The Managerial Economics course in the MBA Nonprofit Management program applies economic models to business decision-making, emphasizing case studies. Topics cover supply and demand, elasticity, production and costs, market structure, strategic interaction, pricing strategies, and government intervention, providing students with analytical tools to navigate economic aspects within nonprofit organizations.
Human Resource Management
The Human Resource Management course in the MBA Nonprofit Management program delves into strategic HR practices. Covering recruitment, employee development, and labor relations equips students with the skills to effectively manage personnel within nonprofit organizations, ensuring alignment with organizational goals and fostering a positive organizational culture.
Financial Management
This course equips students with specialized financial skills tailored for nonprofit organizations. Covering budgeting, fundraising, and financial reporting, it provides insights into effective financial stewardship, ensuring students can navigate and optimize financial strategies within the unique context of nonprofit management.
Nonprofit Ethics
This course explores ethical considerations specific to nonprofit management. Covering topics like governance, transparency, and stakeholder relationships, it equips students with the ethical principles and decision-making frameworks necessary to navigate complex ethical dilemmas within the nonprofit sector.
The MBA in Nonprofit Management program cultivates a spectrum of skills essential for effective leadership. Graduates acquire strategic acumen, financial stewardship expertise, and ethical decision-making abilities, enabling them to navigate the unique challenges of nonprofit management and drive positive social impact within mission-driven organizations.
Upon completing this MBA in Nonprofit Management, graduates will be equipped to:
An MBA in Nonprofit Management typically emphasizes a broader business perspective, covering organizational strategy, leadership, and financial management. In contrast, an MS in Nonprofit Management may provide a more specialized focus on nonprofit-specific topics like program evaluation and grant writing. Both programs prepare graduates for impactful roles within the nonprofit sector, with the MBA offering a comprehensive business-oriented approach.
Specializations in MBA Nonprofit Management programs allow students to tailor their education to specific areas, such as strategic fundraising or nonprofit leadership. These focused tracks provide in-depth knowledge and skills, enhancing students’ expertise in their chosen field and preparing them for impactful roles within the nonprofit sector. Here are some specializations students pursuing an MBA in Nonprofit Management online can opt for:
Area of Focus | Description | Careers This Concentration Prepares For |
---|---|---|
Strategic Fundraising | This specialization emphasizes developing skills in planning and executing effective fundraising campaigns. It equips students with strategies to cultivate donor relationships, enhance financial stewardship, and optimize fundraising initiatives within the nonprofit sector. | Development Directors, Fundraising Managers, and Grant Writers. |
Social Entrepreneurship | This specialization explores innovative solutions for addressing social issues. It focuses on sustainable business models within the nonprofit sector, encouraging students to apply entrepreneurial strategies to create positive social impact and foster organizational sustainability. | Executive Directors, CEO, and Board Members. |
Program Evaluation and Impact Assessment | This specialization emphasizes the skills needed to assess and enhance the effectiveness of nonprofit initiatives. Students gain expertise in evaluating program impact, ensuring organizations achieve meaningful and measurable outcomes in their social impact efforts. | Social Entrepreneurs, Impact Investment Managers, and Program Managers. |
Global Nonprofit Management | This specialization equips students with skills to navigate challenges and opportunities in international nonprofit contexts. It emphasizes strategies for effective global operations and cross-cultural engagement, preparing graduates for leadership roles in nonprofit organizations with a global focus. | International Program Managers, Global Development Officers, and Humanitarian Aid Coordinators. |
Philanthropy and Grantmaking | This specialization focuses on strategic management of philanthropic activities and grants. Students gain expertise in effectively allocating resources and fostering impactful relationships with donors, enhancing their ability to drive philanthropic initiatives within nonprofit organizations. | Philanthropy Officers, Grantmaking Managers, and Donor Relations Specialists. |
The timeline for graduating from an MBA in a Nonprofit Management program varies based on part-time or full-time enrollment. Typically, full-time students may complete the program in 1.5 to 2 years, while part-time students might extend their studies to accommodate work commitments. The total credits required vary but often range from 36 to 48, shaping the program’s duration.
Accelerated MBA programs in Nonprofit Management offer an efficient pathway for students to swiftly earn their degree. Often condensed into a shorter timeframe, these programs allow students to rapidly acquire essential skills and knowledge. The condensed schedule benefits professionals seeking an expedited route to career advancement in the nonprofit sector, providing a comprehensive education without compromising the depth of learning. Murray State University1 is an excellent example of a university offering an accelerated MBA in Nonprofit Management.
Admission requirements for an online MBA in Nonprofit Management program are set by the business department in collaboration with the university’s graduate school. While certain requirements are consistent, individual standard criteria may have waivers or prerequisites to facilitate admission. Here are the most common admission requirements for accredited MBA in Nonprofit Management programs online:
The GMAT (Graduate Management Admission Test) is a standardized exam assessing analytical, writing, verbal, and quantitative skills. Some colleges may waive the GMAT requirement based on an applicant’s professional experience, advanced degrees, or other criteria, offering flexibility for individuals with diverse backgrounds and achievements. Some institutions that provide online MBA in Nonprofit Management with no GMAT include:
Accredited programs enhance students’ marketability, as employers often prioritize candidates from accredited institutions. Additionally, students can confidently pursue financial aid, and credits earned are more likely to be transferable, providing flexibility in their academic journey. There are three main accrediting bodies for MBA programs in the United States:
Here are the six regional accrediting agencies in the United States:
Read the Accreditation Guide to learn more about accreditation.
While certain online platforms provide free courses covering diverse Nonprofit Management topics, a handful may extend free Nonprofit Management certificate programs for those not seeking a Master’s degree. However, it’s crucial to note that these programs and certificates are non-accredited. They should be viewed as opportunities to enhance knowledge in specific Nonprofit Management areas rather than formal qualifications. Here are a few free courses to explore:
Course | Introduction to Nonprofit Law7 |
Provided by | Class Central |
Description | This course provides an in-depth examination of the crucial legal regulations that govern nonprofit organizations. It commences by exploring the historical context that has shaped the contemporary nonprofit sector. The discussion covers diverse types of nonprofits and their corresponding legal responsibilities. Furthermore, the course scrutinizes the regulations governing fundraising and various activities within the nonprofit realm. |
Course | An Introduction to Ecology and Culture8 |
Provided by | Alison |
Description | This course identifies the correlations between ecology and human social, cultural, and organizational processes. Post the Industrial Revolution, the surge in human population and advancements in technology and development were perceived as challenges to the natural environment. This course delves into the ecosystem’s fragility due to the heightened demand for natural resources since the 18th century. |
Course | An Introduction to Social Work Basics9 |
Provided by | Alison |
Description | This course covers fundamental aspects of counseling in social work, including ethics, values, and laws. Subsequently, adhering to guidelines and principles, participants explore theories and approaches to social work practice. The course concludes by exploring casework, teamwork, and methods to assist service users in enhancing their lives. |
The expenses for an online MBA in a Nonprofit Management program vary based on the college and program. The tuition and related educational expenses can be substantial, but students have various funding options to alleviate financial burdens. Here are a few examples of how students can fund their programs:
A scholarship, granted based on merit, is a form of financial support for students, considering factors such as academic achievements, sports, music, etc. It is non-repayable, serving as recognition and assistance for one’s educational qualifications and talents.
MBA in Nonprofit Management students can pursue grants to support their education. These financial awards, often provided by foundations or organizations, alleviate tuition burdens. Students can explore eligibility criteria and application processes, enhancing their chances of securing valuable grants for their academic pursuits.
Student loans are often available with competitive interest rates and help cover tuition and living expenses. Students should explore loan options, considering repayment plans and eligibility criteria to make informed decisions about their financial investment in education.
MBA in Nonprofit Management students can benefit from Graduate Assistantships involving work on campus while pursuing their degree. These positions offer financial support, valuable experience, and an opportunity to contribute to the academic community, enhancing their education and financial outlook.
Internships provide MBA in Nonprofit Management students with hands-on experience, bridging theory and practice. Engaging in real-world projects, students gain valuable insights, develop skills, and expand their network. Internships enhance employability, offering a practical foundation for success in the nonprofit sector.
The Free Application for Federal Student Aid (FAFSA) is an application form that can determine if a student is eligible for federal financial aid and can receive funding from institutions.
Read the Financial Aid Guide for more information on funding higher education.
Scholarships for MBA in Nonprofit Management provide financial aid, empowering students to pursue advanced studies. These scholarships reduce financial stress, allowing dedicated individuals to cultivate expertise in nonprofit leadership. Prospective students should thoroughly explore funding options to secure support for their degrees and actively contribute to transformative work within the nonprofit sector.
Community Foundation of the Texas Hill Country- Nonprofit Scholarship Fund10
The Community Foundation of the Texas Hill Country- Nonprofit Scholarship aims to support the professional growth of Hill Country nonprofit staff and board members. An initiative by the Community Foundation, Nonprofit Scholarships focus on enhancing organizational capacity. By investing in the skills of personnel and volunteer leaders, these scholarships promote individual development, career advancement, and overall organizational strength.
Award/Amount: $1,000
Deadline: Varies
The Harry S. Truman Scholarship Foundation awards esteemed scholarships to graduate students devoted to public service. Acknowledging leadership potential, the foundation supports scholars committed to creating positive change in public service careers, embodying the values demonstrated by President Truman.
Award/Amount: Varies
Deadline: Varies
MBA Nonprofit Management graduates can anticipate promising career prospects with competitive salaries. The diverse skill set acquired during their studies positions them for impactful roles within nonprofit sectors. Salaries vary but reflect the value of their expertise in driving social change and sustainable development. Upon completing the MBA in Nonprofit Management, students will be prepared to work in the following variety of nonprofit sectors, such as:
Job profiles | Average Salary | Job Growth (2022-2032) | Description |
---|---|---|---|
Social and Community Service Managers12 | $74,240 | 9%(much faster than average) | Social and Community Service Managers oversee programs and organizations dedicated to public well-being, directing staff delivering these services. They are employed across various organizations, some focusing on specific demographics like children, homeless individuals, older adults, or veterans. Others specialize in aiding individuals facing specific challenges, such as substance abuse, mental health needs, and chronic hunger. |
Community Development Manager13 | $128,671 | No Data Available | Managing economic development lending initiatives, the Community Development Manager enhances the community by establishing company visibility and building relationships with local groups. They identify lending and business development opportunities, assess credit needs, and address current and future challenges while fostering an understanding of local issues and meeting community needs. |
Manager of Development, Non-Profit Organization14 | $111,973 | No Data Available | The Development Manager implements donor stewardship programs within the non-profit organization by identifying, nurturing, and managing relationships with individual and institutional donors. They supervise fundraising strategies, campaigns, and capital development initiatives, ensuring efficient operations to propel overall organizational development and meet revenue objectives. |
Fundraiser15 | $61,190 | 5%(faster than average) | Fundraisers coordinate events and campaigns to secure monetary and other forms of support for an organization. They may also create promotional materials and raise awareness about the organization’s mission, objectives, and financial requirements. |
Certification is generally not mandatory for earning an MBA in Nonprofit Management. However, obtaining relevant certifications, such as Certified Nonprofit Professional (CNP) or Certified Fund Raising Executive (CFRE), can enhance qualifications and credibility in the nonprofit sector, potentially improving career prospects and demonstrating a commitment to professional development. A couple of online certifications and licenses an MBA Nonprofit Management course prepares individuals for are:
This certificate is ideal for individuals pursuing an MBA Nonprofit Management online course. It opens tons of opportunities for an individual with this certificate. The top 10 most sought competencies shortlisted by the employers are taught during the curriculum. If individuals pursue an MBA in the online format, there would be no need to submit 300 hours of internship to gain this certification.
The Certified Fund Raising Executive (CFRE) is the sole accredited, globally recognized credential for fundraising professionals. Proven to enhance on-the-job confidence and open doors to professional opportunities, 90% of CFREs recommend the credential. Covering six critical fundraising areas, the CFRE process equips professionals with the essential skills for success, preparing them for increased responsibilities.
Students benefit significantly from additional resources such as memberships, accessing a wealth of knowledge, networking opportunities, and industry insights. Memberships in professional organizations provide exclusive access to seminars, workshops, and publications, enhancing their understanding of current trends and best practices. This valuable network facilitates connections with industry experts, fostering mentorship and opening avenues for collaborative learning, ultimately enriching their educational experience. Here are a few resources MBA in Nonprofit Management students can explore:
An MBA in Nonprofit Management is a specialized program equipping students with business acumen tailored for the nonprofit sector. It focuses on strategic leadership, financial management, and ethical decision-making, preparing graduates to effectively manage and lead nonprofit organizations and fostering social impact and sustainability.
Murray State University- No GMAT
AACSB International (Association to Advance Collegiate Schools of Business)
ACBSP (Accreditation Council for Business Schools and Programs)
IACBE (International Accreditation Council for Business Education)
Class Central- Introduction to Nonprofit Law
Alison- An Introduction to Ecology and Culture
Alison- An Introduction to Social Work Basics
Community Foundation of the Texas Hill Country- Nonprofit Scholarship Fund
U.S. Bureau of Labor Statistics: Occupational Outlook for Social and Community Service Managers
Salary.com- Community Development Manager
Salary.com- Manager of Development, Non-Profit Organization
U.S. Bureau of Labor Statistics: Occupational Outlook for Fundraiser
Certified Nonprofit Professional (CNP)
Certified Fundraising Executive