This class was tough.
After hearing from speakers like Tom Szaky, CEO and founder of TerraCycle, and other business men and women who found a way to maximize their reach of impact by attempting to solve social issues with a business mindset, I became interested in learning about the ways businesses can be successful solving the issues that our government and non-profits have been unable to. It really opened me up to the possibilities of business.
As part of the Social Impact curriculum, every freshman in NYU Stern takes Business and Its Publics, a class that revealed the benefits of combining a for-profit model with a social cause. Through a combination of lectures and small group discussions, I began learning about an entirely new side of business that I was not aware of before. The role of a corporation was to make money for its shareholders and maximize profits while the government and non-profits dealt with fixing the social issues of our world, or so I thought. During the course, students had to choose a social issue and come up with a business-driven solution, detailing the ways in which its stakeholders would be affected and analyzing the financial aspects of it on all fronts. I focused on gentrification and the problem it posed for local mom and pops stores as well as historical residents.
Hours per week:
Advice for students:
Read the newspaper every day and be prepared to offer critical analysis in class!