If you are energized by making an impact and creating change every day when you head to work, you’re not alone.
The nonprofit industry, and those that work within it, are charged with delivering much-needed resources directly to the community. Whether your passion takes you to a charity, foundation, social advocacy organization, or professional association, you’ll find they all need forward thinking, innovative leaders to help deliver on their mission. A Master of Public Administration (MPA) in Nonprofit Management and Leadership provides graduates with special knowledge and skills unique to the nonprofit industry such as financial governance, fundraising, and program planning. Here are four reasons why now may be the time for you to get one.
1. Nonprofit Growth is Outpacing For-Profits.
What This Means: The number of nonprofits in the U.S. increased by 25% between 2001 and 2011, while the number of for-profit businesses rose by only .5% according to figures reported by the New York Times. With so much growth, this may be the ideal opportunity to find a leadership position that not only advances your career, but also aligns with a cause you’re passionate about.
Good for Graduates: A master’s in nonprofit management will give you the skills to:
- Create innovative programming that can benefit all types of nonprofit organizations.
- Develop fundraising strategies.
- Create effective organizational development plans.
- Master the needs of regulatory oversight.
2. Nonprofit Employment is Resurging.
What This Means: According to the Nonprofit HR 2014 Nonprofit Employment Practices Survey, the nonprofit industry is a better atmosphere for prospective employees than it has been since 2009, experiencing renewed growth in hiring, retention, and salaries across all sectors. Because of these factors, job opportunities within nonprofits are more solid than in the past, presenting an ideal time for career advancement.
Good for Graduates: Recent graduates are better positioned for a career in nonprofits because:
- The overall number of employees is rising again.
- All subsectors of nonprofit organizations plan to add jobs.
3. Online Giving is Supporting Growth.
What This Means: The prospects for creation and growth of small nonprofits have improved because of advancing fundraising platforms. No longer does a nonprofit need to execute expensive, large-scale events to drive donations. Instead, a well-marketed online campaign can drive donations over a longer period of time and for a lower cost.
Good for Graduates: Nonprofit management classes teach the following skills needed to succeed in online fundraising:
- Fund development and management techniques to maintain channels and properly allocate revenue.
- Nonprofit marketing and communications strategies.
- Strategic and operational planning, including budgeting and results measurement.
4. High Net-Worth Individuals Are Giving Again.
What This Means: High net-worth (HNW) individuals are often sought out by nonprofits as a primary source of program funding. Large donations from HNW individuals in the U.S. have increased in recent years, helping support nonprofits new and old.
Good for Graduates: A master’s in nonprofit management brings credibility to the qualifications of an organization and you as an individual:
- Specialized knowledge increases confidence and poise when discussing giving options with your target audience.
- Good financial planning skills are key for discussing plans for using donated funds.
- Understanding the needs of the people impacted by programming effect a nonprofit leader’s ability to convince HNW individuals to donate.
If you’re looking to begin a new career in the nonprofit industry, or advance your current career, set yourself apart with nonprofit skills and knowledge in specialized fundraising, management, and development. Consider a Master of Public Administration in Nonprofit Management and Leadership from Capella University.