Friday Factoid: Thinking Social at NYU Stern

Attending or helping plan the Social Enterprise Club’s “Think Social, Drink Local” marquee fundraiser is one of many options that socially conscious aspiring MBAs will find to fulfill their interests at New York University’s (NYU’s) Stern School of Business. With help from corporate sponsors such as Brooklyn Brewery and Crop Organic Vodka, the school’s Social Enterprise Association hosts the event in partnership with the Luxury and Retail Club. In 2013, the eighth annual event—themed “I Love New York”—was held at the Angel Orensanz House for Contemporary Art and featured an open bar showcasing local and/or sustainably sourced food and drink. This annual event also involves a runway fashion show—a fundraiser for Stern’s Social Impact Internship Fund—in which Stern students and administrators model clothing by ecofriendly designers. The fashion show is a highlight of the evening and raised more than $10,000 in 2012.

So what exactly are we implying? Although NYU Stern is perhaps not well known among the top MBA programs for sustainable enterprise or social entrepreneurship, the school actually offers an array of resources for those interested in pursuing careers in these fields. The Stewart Satter Program in Social Entrepreneurship serves as the hub of all socially entrepreneurial activities and events at the school, and in 2008, Stern introduced a Social Innovation and Impact specialization, thereby formalizing an academic track for students with this career path in mind.

Outside the classroom, through Stern Consulting Corps, students can partner on consulting projects with New York City–based nonprofits such as the William J. Clinton Foundation’s Economic Opportunity Initiative, and for those who also have the entrepreneurial bug, Stern added a Social Venture Competition to its traditional for-profit Annual Business Plan Competition, in which participants compete for the $100,000 Satter Family Prize.

In short, socially conscious Sternies have quite a bit to keep them busy!

For a thorough exploration of what NYU Stern and other top business schools have to offer, please check out the mbaMission Insider’s Guides.

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