This course gives students a strong understanding of for-profit and nonprofit social enterprises. It focuses on the critical issues faced by managers of mission-driven organizations. Designed for students who seek to start, lead, volunteer for, consult, fund or contribute to social enterprises (especially nonprofits), the course will address finance, accounting, strategy, marketing/fundraising and metrics-performance. We will deal with questions of organizational choice such as why an organization is nonprofit rather than for-profit; how it operates or compares to equivalent organizations; and the contribution and value of this organization relative to other forms. Case studies, group work and guest lecturers round out the classroom experience. There are no prerequisites.
This is one of the three foundation courses in the Social Enterprise at Kellogg Program. It counts toward the SEEK major and the nonprofit specialization.