Truett McConnell University (TMU) has expanded its highly ranked business program to include a nonprofit management concentration and a minor in nonprofit management, a move aimed at preparing graduates to become effective leaders of nonprofit organizations.
The nonprofit management concentration is one of seven options designed for students in the Bachelor of Science in Business Administration degree program. The nonprofit management minor is designed for students in other, non-business administration programs. Both the concentration and minor are intended for students who are interested in nonprofit organizations.
“Millions of nonprofit organizations exist to serve people,” said Dr. Katherine Hyatt, Dean of the Hans Hut School of Business. “Nonprofit organizations are often structured similar to a business, but they don’t make a profit. It is important to understand how accounting works in a nonprofit. Likewise, these nonprofit organizations are funded through giving so they must know how to write grants. Some of these nonprofit organizations work with people from diverse cultures by providing aid or ministering to others, so it is also important to understand logistics and procurement.”
Those pursuing either nonprofit program will be exposed to grant writing, nonprofit accounting, and some very specific intensive courses in nonprofit logistics and procurement. Graduates will be prepared to pursue nonprofit management careers including: fundraiser, outreach coordinator, and program director. Graduates will be prepared for local to national nonprofit organizations, faith-based organizations, and other non-governmental organizations.
“Sometimes students major in business but really have an interest in working for some type of ministry, so this program would be appropriate for them,” said Hyatt. “Sometimes students in Christian studies, psychology, nursing, education, or criminal justice have an interest in going into a ministry, a church, or working for a nonprofit organization. The nonprofit management minor will help them gain a perspective of business concepts that are used in nonprofits.”
Visit truett.edu/business for more information about the new nonprofit concentration and minor.
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Jenny Gregory is the Digital Content Specialist for TMU’s Marketing and Communications.
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