With its focus on teaching the fundamentals, Chicago Booth’s multidisciplinary approach to business education and practice is just as right for social sector leaders as it is for business leaders. The social impact curriculum at Booth combines the school’s foundational teachings in finance, economics, and operations with real-world experiences.
“The Global Social Impact Practicum was eye-opening for me, even as a former resident of India. I now have a much better picture of what it takes to implement sustainable initiatives in a developing country, which will make me a more effective nonprofit leader in future.”
—Sruti Balakrishnan, ’17
By the Numbers
Through academic courses and real-world experience, students are launching new social ventures, preparing for meaningful careers in the sector, and shaping nonprofit strategy.
Amount of money raised by Social New Venture Challenge alumni
Number of students who traveled to India in 2017 to participate in the Global Social Impact Practicum
The year of the first Social Enterprise Lab
Booth Social Impact Courses
Along with a foundation in business fundamentals, Booth students have opportunities to complement their education with courses—including those listed below—to help build social sector expertise.
The Global Social Impact Practicum (BUS 34721 - password protected) is supported by Tata Trusts, one of India’s oldest and largest philanthropies. Students in the course work with Tata Trusts on a development project and travel to India on a site visit. Past projects have explored the use of bamboo as a clean fuel source and opportunities to involve slum dwellers in responsible waste management initiatives.
The New Social Ventures course (BUS 34115 - password protected) is the academic component of the John Edwardson, ’72, Social New Venture Challenge (SNVC). One student from each SNVC team must enroll in New Social Ventures. In this course, SNVC teams develop an idea for an innovative social startup.
In the Scaling Social Innovation Search Lab (BUS 34722 - password protected), groups of students identify a nonprofit outside of Chicago addressing a specific social or environmental problem in a unique way. Then each group develops a plan to bring that innovation to Chicago. The course culminates with presentations by students to a panel of judges with the power to make their proposals a reality.
In the Social Enterprise Lab (BUS 34110 - password protected), Booth students learn about the differences between nonprofits and for-profit social enterprises, in class and through consulting projects at Chicago-based nonprofits and mission-driven businesses.
Explore more from the Rustandy Center.
Impact Investing Competition
The MIINT program allows student teams to conduct diligence on early-stage impact investments and then pitch those investment ideas to venture capitalists.
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Social Impact Lunch and Learns
Students connect with social impact leaders and get a glimpse into new career paths.
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Tarrson Fellowships Support Student Startups
The Rustandy Center at Booth has awarded its inaugural Tarrson Social Venture Fellowships, selecting three students to receive $20,000 each to pursue their startups full time after graduation.
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