Resources: Careers in Government, USA Jobs, The World Bank

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CASE/CMC/SIC SIP The Social Sector Job Search

• October 11, 2004
• 1200 PM
• Classroom G

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SIP Goals

• Introduce you to the social sector and the social
  sector job search process
• Equip you with some tools and resources for
  pursuing a social sector job/internship
• Provide an opportunity for socializing with
  like-minded classmates
• Host an informal, fun, stress-free SIP!

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SIP Overview

• The Social Sector
• The Job Search Process
• Career Resources
• A Few Pointers
• Questions and Socializing

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The Social Sector

• Organizations with a primary purpose to create
  social value
• Comprised of nonprofit, for-profit, hybrid, and
  cooperative organizations
• Vary along the following dimensions
• Degree of commercial activity
• Types of activities
• Fields/Areas of focus

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Related Fields

• Government/Public Sector
• Resources Careers in Government, USA Jobs, The
  World Bank, The Congressional Budget Office
• Socially Responsible Business
• Resources Business for Social Responsibility,
  Aspen Institute Business and Society Program,
  World Resources Institute, Net Impact

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The Job Search Process

• Timeline
• Fall/Early Winter Focus on Research
• Winter/Spring Targeted Outreach
• Jan-May Summer Internship Listings
• Ongoing Full-time Job Listings
• Dont panic! Many social sector organizations
  dont hire for summer or full-time jobs until
  spring.

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The Job Search Process (cont.)

• Recruiting
• Very few social sector organizations participate
  in SIPs, on-campus interviews or official resume
  drops (exceptions National Parks Business Plan
  Initiative, Bridgespan, Self Help)
• Open summer and full-time positions are listed in
  ICON as correspondence opps
• Most Fuqua students find their social sector
  positions through self-directed search

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The Job Search Process (cont.)

• Research
• Focus on fields that interest YOU (education,
  environment, arts, youth development, economic
  development, etc.)
• Conduct web research and informational interviews
• Take advantage of Fuqua and General Social Sector
  Resources

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Career Resources

• Fuqua Resources
• CMC
• CASE
• Social Impact Club
• General Social Sector Resources
• Financial Resources

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Fuqua Resources CMC

• CMC
• Career Advising 1-1 appointments with Mary Beck
  Sutton
• Career Centers of other Duke Programs
  (Dual-degree students or via Mary Beck)
• MBA Nonprofit Connection
• Summer and Full-time Job Postings
• Career Advising by Referral

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Fuqua Resources CASE

• CASE
• Website Student Careers Section
• CASE/CMC Career Emails Join CASE
• CASE Resource Library Relevant periodicals and
  books HBS Guide to Careers in the Nonprofit
  Sector
• Career Advising 1-1 appointments with Beth
  Anderson

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Fuqua Resources Social Impact Club

• Social Impact Club Career Development Resources
• Career Events
• UNC Career Forum (October 29)
• Net Impact Conference (Nov. 11-14)
• Career Fair at Kenan-Flagler (Late January)
• Career Fair at Duke (Term 3, anticipated)
• Social Entrepreneurship Career Fellows
• Club members and other Fuquans

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General Social Sector Resources

• Bridgestar www.bridgestar.org
• Free membership, access to information on the
  sector and full-time job postings
• The Chronicle of Philanthropy www.philanthropy.co
  m
• Independent Sector www.independentsector.org
• Guidestar www.guidestar.org information
  (mostly financial) on all nonprofits
• MBA Career-Focused
• Harvard Business School Guide to Careers in the
  Nonprofit Sector
• Net Impact www.net-impact.org

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Example of organizations that hire MBA interns

• Venture Philanthropy
• Common Good Ventures (2Y Mark McKeag)
• NewSchools Venture Fund
• REDF
• Acumen Fund
• Social Sector Change/Consulting
• The Bridgespan Group Bridgestar (2Y Jeff
  Jablow)
• CompassPoint Nonprofit Services
• Community Wealth Ventures (unpaid)
• Mission-Based/Social Entrepreneurship
• KaBOOM! (2Y Sarah Yellin)
• Bright Horizons (2Y Erin Langley)
• REDF portfolio companies- Juma Ventures, Rubicon
  Bakery

For more examples check MBA nonprofit connection
www.mnconnection.org
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Financial Resources

• Class of 1990 Internship Award
• Applied as tuition deduction in fall of second
  year
• Amount depends on endowment earnings
  historically between 7500-13,000 total
• Divided amongst students at committees discretion
• Managed by financial aid office typically send
  out email announcing in spring and decisions made
  around end of classes

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Financial Resources (cont.)

• Class of 2001 Loan Forgiveness Fund
• Covers Fuqua Stafford and Perkins Loans or
  international student equivalent (i.e. up to
  maximum of 49,000 loan obligation)
• Alumni working full-time in nonprofit,
  non-governmental, or government jobs eligible up
  to 10 years post-graduation
• Income threshold 65,000

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Financial Resources (cont.)

• SIC Summer Internship Fundraising
• General concept students raise money from
  classmates, Fuqua community, and corporate
  sponsors/others to supplement the salaries of
  first years with nonprofit summer internships
• Planned Activities and Coordinators
• SIC Carnival Suneet Bhat, Ashley Eiger, Richard
  Gurley
• Give A Day Campaign Romy Parzick, Vidya Vishal
• Graduation Gown Rentals Jason Trichel
• Great opportunity to get involved!

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A Few Words of Advice

• Resumes and Cover Letters
• Know your audience!
• Not limited to 1-page, standard Fuqua format
• Demonstrate passion for and understanding of
  mission and activities
• Highlight volunteer/social sector experience
• Avoid business jargon (test with non-MBA friend)
• Address specifically how your skills/experience
  relevant to the particular job for which you are
  applying
• On resume, streamline description of for-profit
  work experience that is not directly relevant

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A Few Words of Advice

• Pro-Active Approach
• Network, network, network!
• Classmates, Alums, Friends, Family, CMC, CASE,
  MNC, guest speakers, Net Impact, Professors and
  lecture series at other Duke schools
• Find the right fit
• You personal interests relevant skills
• Organization willing to commit resources
  understands value of MBA
• Take advantage of CASE/Fuqua/Duke resources

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A Few Words of Advice

• Social Sector Involvement
• Social Impact Club
• Volunteer
• Internships during the year
• Coursework classes as well as projects focused
  on social sector/social issues
• Independent studies

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A Few Words of Advice

• Sensitivity to Cultural Differences
• Dick Cavanaugh, President/CEO of The Conference
  Board
• Business Profit and Performance
• Government Power and Politics
• Nonprofit Service and Independence
• Approach the sector with humility and respect

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Questions?