Societies are searching for innovative and efficient ways to provide socially important goods in health, education, social services, environment and community development. With the emergence and growth of cross sector partnerships, there is a growing realization that there is a way to combine the very best of the not-for-profit, philanthropic world with the very best of the for-profit, enterprising world. This hybrid is the wave of the future for both profit and nonprofit organizations. In the face of this new reality, an increasing number of forward-looking non-profits / NGOs are beginning to appreciate the increased revenue, focus and effectiveness that can come from adopting “for profit” business approaches. Increasingly, they are reinventing themselves as social entrepreneurs, combining “the passion of a social mission with an image of business-like discipline, innovation, and determination.
NMIMS is committed to nurturing the social entrepreneurs of tomorrow and strengthen the social entrepreneurs of today. In this context in 2007, NMIMS designed and launched a uniquely architectured One Year Diploma Programme in Social Entrepreneurship and a Three Year Part Time MBA Programme in Social Entrepreneurship.
Part Time MBA in Social Entrepreneurship:
This is a comprehensive programme for development sector professionals who aspire to excel in an increasingly complex and competitive scenario. The programme endeavours to develop strategic orientation and motivation for success with social conscience. The Part Time MBA in Social Entrepreneurship prepares students for innovatively approaching public needs with a combination of entrepreneurial practices and social purposes through the for-profit, nonprofit, and governmental sectors.