Master of Social Entrepreneurship

Hult International Business School

Application deadline: Round 7: Sunday, July 28, 2013
Tuition fee: Visit Programme Website
Start date: September  2014
Languages:
  • English
Location:
Delivery mode: On Campus
Educational variant: Full-time

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Description

Hult’s Master of Social Entrepreneurship is a highly practical program focused on how to apply business skills to important global social problems. Learn how to deploy innovative business solutions to large-scale social issues.

What is social entrepreneurship?

Social entrepreneurs are often from the corporate sector or people who are business entrepreneurs passionate about social issues. They think about ways to combine resources in innovative ways to address social, political, or environmental concerns as any profit-making enterprise does. The most important difference between a traditional business and a social enterprise is that profit is not the main motive. The enterprise must be sustainable and not incur losses, but the overall driving force is about maximizing social impact.

Why is social entrepreneurship important now?

Solutions to global social problems need innovative and entrepreneurial approaches more than ever. Increasingly, central governments are reducing their expenditures on social issues, either unable to fund expensive programs or concluding that traditional methods have failed to have impact. At the same time, needs are becoming greater and more complex. Evidence indicates that social entrepreneurs are making a difference, often in areas where government and international development may have failed. In some countries, governments are looking into how social entrepreneurs are solving problems.

The scope of social entrepreneurship

Social entrepreneurs tackle major social issues, from increasing the availability of quality education for low-income students to fighting poverty in developing countries. Social entrepreneurship takes place in both non-profit and for-profit organizations, and successful social entrepreneurs must build relationships with corporations, charities, and governments alike. Social entrepreneurs must be knowledgeable about contemporary global issues, solution-oriented, and adept at mobilizing human, financial, political resources to support their project.

Pragmatic learning outcomes

Hult's pioneering Master of Social Entrepreneurship (MSE) gives you the skills necessary to engage in successful issue-advocacy, problem solving innocation, and project development. Graduates will be empowered to act as effective leaders of change, either via new ventures of their own or through existing for-profit, non-profit, or government institutions. The program emphasizes building core business skills optimized for sociopolitical contexts.

Action Projects provides hands-on experinece

The capstone of Hult's Master programs, the Action Project, calls upon students to put knowledge and skills to the test as they become consultants for actual organizations working on real-world challenges. Social entrepreneurship is about "thinking" and "doing", and the Hult program is unique in placing you in a position to do both, not just in the classroom but in front of a real client.

Become part of Hult's commitmet to social change

Hult is at the forefront of social entrepreneurship among the world's leading business schools. As a Clinton Global Initiative member, Hult is committed to tackling the world's toughest social challenges through crowdsourcing innovative ideas and solutions from the world's best and brightest business school students. The Annual Hult Prize (formerly known as the Hult Global Case Challenge) showcases the school's commitment to social entrepreneurship. Students from business schools around the world compete in small teams to develop the best solutions to problems presented by a Clinton Global Initiative-affiliated non-profit. Recent affiliates have included Habitat for Humanity, Solar Aid, One Laptop per Child, and Water.org. Hult awards the non-profit USD1 million as seed capital to help pilot winning ideas.

Global career opportunities

Graduates of Hult's MSE have an exceptional knowledge base of key business skills coupled with project design and management in the social arena. This is a highly flexible tool kit, transferable in the for-profit or non-profit sectors, especially in the development of CSR, sustainability, or innovation strategies. Graduates will be efficient collaborators and accomplished problem solvers and will always be asking the question, "Why don't we fix this problem?" Employers increasingly seek graduates with the right combination of keen business mind-sets, global outlooks, and awareness of the ethical dilemmas facing modern multinational managers.

Contents

One-Year of Social Entrepreneurship1

Toolbox:

September - 3 Credits

  • Individual Skills
  • Teams Skills
  • Managerial Skills
  • Professional Career Development

Module A:

October - December - 9 Credits

  • Global Crises
  • Entrepreneurship
  • Sustainability
  • Professional Career Development

Module B:

January - March - 9 Credits

  • Social Innovation
  • Development Economics
  • Financing Social Enterprises
  • Professional Career Development

Module C:

April - 6 Credits

  • Social Impact Assessment
  • Project Framing and Bid Writing
  • Stakeholder Management
  • Professional Career Development

Module D:

May - June - 6 Credits

Sample Module D electives:1

  • Entrepreneurial Finance
  • International Negotiations
  • New Product Development
  • Foreign Market Entry Strategy
  • Global Political Economy
  • Corporate Social Responsibility
  • Change Management
  • Disruptive Business Models

Professional Career Development

Module E:

July - August - 4 Credits

  • Action Project
  • Professional Career Development

1Courses may be offered out of this sequence.
2Electives may only be taken where the MSE program is offered, subject to capacity constraints.

Requirements

Successful applicants generally:

  • Possess a Bachelor degree or equivalent
  • Are 21 years or older
  • Have English proficiency
  • TOEFL or IELTS score, or equivalent score, if applicable
  • Certified translations of official transcripts, if applicable

English Language Requirements

IELTS band: 6.5
TOEFL iBT® test: 90

Funding

Scholarships

Hult offers a range of merit-based Master scholarships to reduce the tuition cost. Master scholarships are available to all students regardless of citizenship. To be considered for these scholarships we encourage you to apply as early as possible. Master scholarships are made only to accepted students who meet special criteria, usually reflecting their personal, academic or professional achievements.

Scholarship types:

Academic Excellence Scholarship

Social Impact Scholarship

Finance Professional Scholarship

Women In Business Scholarship

Entrepreneurial Impact Scholarship

Young Talent Professional

For more information visit programme website or request information

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