How about an MBA for a better world?

LAST WEEK, Delhi NCR-based Indian School of Development Management (ISDM) hosted the Dialogues on Development Management, to discuss the role of development management in building a developed India.

- VIKRAM CHAUDHARY

Ashish Dhawan, the founder patron of the ISDM, and Ravi Sreedharan, the president & co-founder, told FE that just like business management and public administration have changed private and public sectors, we need to focus on the field of 'development management' for the social sector, and that it should be seen by young India as a career, just like the age-old MBA (Master of Business Administration).

What is it?

Development management is tailored specifically for social purpose organisations — nonprofits that use traditional business activities to achieve their social missions. It recognises the unique needs of the social sector and sets it apart from traditional management practices.

Students who choose us over an MBA are very passionate about social change; a high-paying job isn't something that excites them.