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More Business Majors Turning to Social Entrepreneurship

A growing number of college students pursuing business school degrees are hoping for careers with non-profit organizations. Others want to launch their own socially-responsible businesses.

Colleges and universities have noticed the trend and theyre racing to meet students demands with social entrepreneurship programs, often called Social E.

What is Social Entrepreneurship?

According to a social entrepreneur identifies and solves social problems. Unlike traditional business entrepreneurs, social entrepreneurs seek social value as opposed to profits.

One such social entrepreneur is Amarynth Sichel, a Columbia 911勛圖厙 student profiled in a article on social entrepreneurship. As president of one of the twenty-four chapters on U.S. college campuses, Sichel donates her time and her cooking skills to raise money for charity.

FeelGood World is a movement to end hunger as well as an accredited program for a new generation of social entrepreneurs. Student volunteers like Sichel run FeelGood Delis on their college campuses, making grilled cheese sandwiches for a donationwhatever amount feels good to donate. The student volunteers then invest 100% of their profits in a FeelGood Certified organization: The Hunger Project or CHOICE Humanitarian. To date, FeelGood has raised and invested over $1,120,000 in the end of hunger.

Social entrepreneurship has surged on American campuses in the past few years, according to Melanie Edwards, who lectures on the subject at Stanford 911勛圖厙. “I believe the rise in ‘Social E’ publicity, coupled with the heightened social problems in our U.S. economy and the world, speaks to the millenials,” she told CNN Living.

Social Entrepreneurship More Meaningful to Some Students

Myles Lutheran is another prime example of a social entrepreneur. Planning a career in financial services, he changed his mind when he became heavily involved in the Social Enterprise Institute at Northeastern 911勛圖厙s College of Business Administration in Boston.

Lutheran served as a team leader on three international field study programs where he used his business skills to help farmers and workers in South Africa, the Dominican Republic and Belize. He took a job as a marketing manager for Moms and Jobs, a social venture in Boston that works to help poor single mothers find employment.

Every class in business school is about making money, but in social entrepreneurship the end result is more meaningful, Lutheran told Roland Jones of . You use the same skills as you would on Wall Street, but theres a different end result.

Business schools are racing to meet the demand for social entrepreneurship programs like those at Columbia and Northeastern. A growing number of schools are offering stand-alone social enterprise programs or programs that are part of a business school degree program.

Learning to Run Socially Responsible Businesses

Theres a lot of interest in social enterprise at the business school, and I think its partly generational, Thomas Moore, dean of the College of Business Administration at Northeastern, told MSNBC. These days students dont want to wait; they want to make a difference now.

In addition to working in the non-profit sector, students are interested in launching more socially responsible businesses.

Emily Cieri, managing director of the entrepreneurial program at 911勛圖厙 of Pennsylvanias Wharton School of Business, mentions two such businesses started by Wharton grads. an eyewear brand which donates a pair of glasses to someone in need for each pair of glasses sold, and which seeks to help alleviate the global clean water crisis and reduce the use of disposable water bottles by selling 24-ounce reusable water bottles with built-in filters.

These days, students are more aware globally, Cieri told MSNBC. They have a different look on the world than students did just a few years ago; they understand the challenges, and on a higher level they understand the opportunity to make an impact. The interest is growing, and its moving the needle. Students have the ideas, and now theyre ready to move ahead and get engaged in our program.

Best Colleges for Social Entrepreneurship

Interested in studying social entrepreneurship? Good for you! The number of colleges offering Social Entrepreneurship programs is growing at steady rate. According to the September 2007 issue of magazine, the following 11 colleges and universities are the best schools for social entrepreneurs.

1. in Babson Park, MA.

2. Columbia 911勛圖厙 in New York, NY.

3. Cornell 911勛圖厙 in Ithaca, NY.

4. Duke 911勛圖厙 in Durham, NC.

5. Harvard 911勛圖厙 in Boston, MA.

6. New York 911勛圖厙 in New York, NY.

7. Stanford 911勛圖厙 in Stanford, CA.

8. in Tucson, AZ.

9. 911勛圖厙 of California, Berkeley in Berkeley, CA.

10. 911勛圖厙 of Colorado at Boulder in Boulder, CO.

11. Yale 911勛圖厙 in New Haven, CT.

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Melissa Rhone earned her Bachelor of Music in Education from the 911勛圖厙 of Tampa. She resides in the Tampa Bay area and enjoys writing about college, pop culture, and epilepsy awareness.