Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Finding a Job

Harvard MBAs Taking Nonprofit Jobs Get a $50,000 Salary Sweetener

This year's class of 19 fellows will be working for nonprofit
organizations including Teach for America

Photograph by Linda Davidson/The Washington Post via Getty Images

This year's class of 19 fellows will be working for nonprofit organizations including Teach for America

When more than 900 members of the Harvard Business School class of 2013 graduated on Thursday, they all walked off the stage with diplomas, but 19 of them had something more in their pockets: a check from Harvard for $50,000.

The MBA graduates were members of the HBS Leadership Fellows Program, which places graduates with nonprofit and public-sector organizations. Since 2001, the program has placed 106 students with 47 organizations. This year’s class of 19 is one of the largest in the program’s history.

Unlike many students who take low-paying jobs in the nonprofit sector, the students in this program can do good and do pretty well for themselves at the same time. The participating organizations pay each student $45,000, which is supplemented with a one-year, $50,000 grant from Harvard.

When the year is up, HBS says, more than 90 percent of the graduates receive an offer to stay at the organization that hired them. Two-thirds of the graduates remain in the nonprofit or public sectors—at the same organization or another, HBS says.

This year’s fellows are working for a diverse group of organizations, including the U.S. Education Department, the Consumer Financial Protection Bureau, Teach for America, the Environmental Defense Fund, and Lincoln Center for the Performing Arts.

Join the discussion on the Bloomberg Businessweek Business School Forum, visit us on Facebook, and follow @BWbschools on Twitter.

Lavelle is an associate editor for Bloomberg Businessweek.

blog comments powered by Disqus