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CASE/CMC/SIC SIP: The Social Sector Job Search

C areer M anagement C enter. Social Impact Club. Use your business skills to create a better world. CASE/CMC/SIC SIP: The Social Sector Job Search. October 11, 2004 12:00 PM Classroom G. SIP Goals. Introduce you to the social sector and the social sector job search process

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CASE/CMC/SIC SIP: The Social Sector Job Search

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  1. Career Management Center Social Impact Club Use your business skills to create a better world. CASE/CMC/SIC SIP: The Social Sector Job Search October 11, 2004 12:00 PM Classroom G

  2. SIP Goals • Introduce you to the social sector and the social sector job search process • Equip you with some tools and resources for pursuing a social sector job/internship • Provide an opportunity for socializing with like-minded classmates • Host an informal, fun, stress-free SIP!

  3. SIP Overview • The Social Sector • The Job Search Process • Career Resources • A Few Pointers • Questions and Socializing

  4. The Social Sector • Organizations with a primary purpose to create social value • Comprised of nonprofit, for-profit, hybrid, and cooperative organizations • Vary along the following dimensions: • Degree of commercial activity • Types of activities • Fields/Areas of focus

  5. Related Fields • Government/Public Sector • Resources: Careers in Government, USA Jobs, The World Bank, The Congressional Budget Office • Socially Responsible Business • Resources: Business for Social Responsibility, Aspen Institute Business and Society Program, World Resources Institute, Net Impact

  6. The Job Search Process • Timeline • Fall/Early Winter: Focus on Research • Winter/Spring: Targeted Outreach • Jan-May: Summer Internship Listings • Ongoing: Full-time Job Listings Don’t panic! Many social sector organizations don’t hire for summer or full-time jobs until spring.

  7. The Job Search Process (cont.) • Recruiting • Very few social sector organizations participate in SIPs, on-campus interviews or official resume drops (exceptions: National Parks Business Plan Initiative, Bridgespan, Self Help) • Open summer and full-time positions are listed in ICON as correspondence opps • Most Fuqua students find their social sector positions through self-directed search

  8. The Job Search Process (cont.) • Research • Focus on fields that interest YOU (education, environment, arts, youth development, economic development, etc.) • Conduct web research and informational interviews • Take advantage of Fuqua and General Social Sector Resources

  9. Career Resources • Fuqua Resources • CMC • CASE • Social Impact Club • General Social Sector Resources • Financial Resources

  10. Fuqua Resources: CMC • CMC • Career Advising: 1-1 appointments with Mary Beck Sutton • Career Centers of other Duke Programs (Dual-degree students or via Mary Beck) • MBA Nonprofit Connection • Summer and Full-time Job Postings • Career Advising by Referral

  11. Fuqua Resources: CASE • CASE • Website: Student Careers Section • CASE/CMC Career Emails: Join CASE • CASE Resource Library: Relevant periodicals and books; HBS Guide to Careers in the Nonprofit Sector • Career Advising: 1-1 appointments with Beth Anderson

  12. Fuqua Resources: Social Impact Club • Social Impact Club Career Development Resources • Career Events: • UNC Career Forum (October 29) • Net Impact Conference (Nov. 11-14) • Career Fair at Kenan-Flagler (Late January) • Career Fair at Duke (Term 3, anticipated) • Social Entrepreneurship Career Fellows • Club members and other Fuquans

  13. General Social Sector Resources • Bridgestar: www.bridgestar.org • Free membership, access to information on the sector and full-time job postings • The Chronicle of Philanthropy: www.philanthropy.com • Independent Sector: www.independentsector.org • Guidestar: www.guidestar.org – information (mostly financial) on all nonprofits MBA Career-Focused: • Harvard Business School Guide to Careers in the Nonprofit Sector • Net Impact: www.net-impact.org

  14. Example of organizations that hire MBA interns • Venture Philanthropy • Common Good Ventures (2Y Mark McKeag) • NewSchools Venture Fund • REDF • Acumen Fund • Social Sector Change/Consulting • The Bridgespan Group – Bridgestar (2Y Jeff Jablow) • CompassPoint Nonprofit Services • Community Wealth Ventures (unpaid) • Mission-Based/Social Entrepreneurship • KaBOOM! (2Y Sarah Yellin) • Bright Horizons (2Y Erin Langley) • REDF portfolio companies- Juma Ventures, Rubicon Bakery For more examples check MBA nonprofit connection www.mnconnection.org

  15. Financial Resources • Class of 1990 Internship Award • Applied as tuition deduction in fall of second year • Amount depends on endowment earnings: historically between $7500-13,000 total • Divided amongst students at committees discretion • Managed by financial aid office – typically send out email announcing in spring and decisions made around end of classes

  16. Financial Resources (cont.) • Class of 2001 Loan Forgiveness Fund • Covers Fuqua Stafford and Perkins Loans or international student equivalent (i.e. up to maximum of $49,000 loan obligation) • Alumni working full-time in nonprofit, non-governmental, or government jobs eligible up to 10 years post-graduation • Income threshold: $65,000

  17. Financial Resources (cont.) SIC Summer Internship Fundraising • General concept: students raise money from classmates, Fuqua community, and corporate sponsors/others to supplement the salaries of first years with nonprofit summer internships • Planned Activities and Coordinators: • SIC Carnival: Suneet Bhat, Ashley Eiger, Richard Gurley • Give A Day Campaign: Romy Parzick, Vidya Vishal • Graduation Gown Rentals: Jason Trichel • Great opportunity to get involved!

  18. A Few Words of Advice • Resumes and Cover Letters • Know your audience! • Not limited to 1-page, standard “Fuqua format” • Demonstrate passion for and understanding of mission and activities • Highlight volunteer/social sector experience • Avoid business jargon (test with non-MBA friend) • Address specifically how your skills/experience relevant to the particular job for which you are applying • On resume, streamline description of for-profit work experience that is not directly relevant

  19. A Few Words of Advice • Pro-Active Approach • Network, network, network! • Classmates, Alums, Friends, Family, CMC, CASE, MNC, guest speakers, Net Impact, Professors and lecture series at other Duke schools • Find the right fit • You – personal interests; relevant skills • Organization – willing to commit resources; understands value of MBA • Take advantage of CASE/Fuqua/Duke resources

  20. A Few Words of Advice • Social Sector Involvement • Social Impact Club • Volunteer • Internships during the year • Coursework – classes as well as projects focused on social sector/social issues • Independent studies

  21. A Few Words of Advice • Sensitivity to Cultural Differences • Dick Cavanaugh, President/CEO of The Conference Board: • Business – Profit and Performance • Government – Power and Politics • Nonprofit – Service and Independence • Approach the sector with humility and respect

  22. Career Management Center Social Impact Club Use your business skills to create a better world. Questions?

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