Nonprofit groups and organizations are an essential component in helping communities thrive and progress into the future. These selfless groups work around the clock assisting in a number of important focus areas, such as animal rights, land conservation, health, research and education, feeding the hungry, senior citizen support, women’s rights, and more. With a nonprofit management graduate degree, students learn extensively about founding nonprofits, fundraising, community outreach, program planning, diversity awareness, information management and technology, and financial management when it comes to running nonprofits. A nonprofit management degree allows students to cultivate astute reasoning, analysis, managerial, interpersonal and problem-solving skills. During their dissertation process, students will obtain a knowledge of research, fundraising, marketing, business planning, and governance issues in nonprofit organizations.
Why a Master’s Degree?
The nonprofit management workforce is growing more and more competitive as the years go by. In light of this, many graduate students are choosing to pursue master’s specialties to become more attune to the needs of specific nonprofit areas. Over the course of a master’s degree program, students will delve into intensive research to complete their dissertation. Moreover, according to the U.S. Bureau of Labor Statistics (BLS), many nonprofits prefer to hire students with master’s specialties as opposed to solely a bachelor’s degree in nonprofit management.
Getting Into a Master’s Degree Program
Requirements for admission into a master of nonprofit management vary at different universities. However, most programs look for the following:
- Bachelor’s degree in nonprofit management or related subject
- Official transcripts from undergraduate college or university, and from graduate study, if applicable.
- Academic and/or professional letters of recommendation
- Resume and personal statement
- GRE or GMAT scores
Inside a Master’s Degree Program
Two years is about as long as it takes to obtain a master’s degree in this subject. A nonprofit graduate degree allows students to select a specific concentration to specialize in over a period of time. In addition to completing a thesis project, students must enroll in a number of required courses, such as philanthropy and grant making, proposal writing, policy, community development planning, project management, volunteer management, and more. Certain master’s programs may require students to obtain a handful of internships while completing their graduate degree.
An online master’s degree in nonprofit management is an ideal degree for students who have full-time jobs and unpredictable schedules. Because exams, assignments, and projects are completed online, students are able to complete their class work according to their own personal schedules. All of the challenging courses featured in nonprofit management courses are designed to prepare students for the ongoing needs and demands of the nonprofit sector.
What’s Next for Nonprofit Management Master’s Degree Holders?
After completing their nonprofit management graduate degrees, students often secure positions as counselors, therapists, social and community service managers, social workers, and more. According to the BLS, social and human service managers earn close to $58,000 a year, with the top 10% earning more than $96,000 each year. The employment of social and human service managers is expected to experience a dramatic 27% growth over the next few years.
Nonprofit management graduates who want to work in academia or research often choose to obtain a PhD in nonprofit management. Additional degrees like this one aid students in securing higher-paying secure jobs in academia, research, and the nonprofit management field.