Bachelor of Science in Business Administration (BSBA) - Social Entrepreneurship

The goal of business administration program are: students will be able to demonstrate an ability to use technology in business; effective Communication; collaboration in diverse groups in business-like settings; basic analytical and quantitative techniques used in business; and they will acquire effective decision making with ethical considerations. The field of social entrepreneurship is at a formative stage. It is rich with opportunities for learning, innovation, service, and impact. The social sector is different from the business sector in several fundamental ways. When a leader?s primary objective is to catalyze social impact rather than to accumulate profits, that objective affects how the leader assesses opportunities, mobilizes resources, structures the organization, markets its products or services, and considers expansion. A simple mapping of business frameworks and principles onto a social sector challenge is often neither appropriate nor effective. Rather, tools from the business world need to be adapted to a social purpose. In addition, the operating environment in the social sector has distinctive features. 'Capital markets' function quite differently when the expected return is social rather than financial. The market discipline that promotes efficiency in business is often muted in the social sector. In many situations, strong cultural norms in the social sector can resist the kinds of changes that business-oriented social entrepreneurs might want to make. As many social entrepreneurs and nonprofit leaders have adopted and adapted tools and techniques from the world of business, the lines that have traditionally divided the business and nonprofit sectors have blurred. These developments have created an attractive opportunity for individuals with business skills to make a significant contribution to shaping the ?new? social sector. However, pursuing this opportunity is not easy.