An important way we foster a strong social-impact-oriented community at MIT Sloan is through the Sloan Social Impact Fellowship (SSIF). SSIF is a partnership between Net Impact, school administration and staff, and the wider student body. The fellowship was created to provide funding to MIT Sloan MBA students so that they may pursue social impact and sustainability oriented internships during the summer after their first year. The fellowship enables students to explore their passions for social impact and also allows social enterprise, government and non-profit organizations to host MBA interns that they might not be able to afford otherwise.
Net Impact’s SSIF committee manages two key tasks: oversight of the fellowship and fundraising. Fellowship oversight consists of raising awareness within the Sloan community about the program in order to recruit potential applicants, helping to coordinate the application and review process, and working with a committee of students, staff, and administration to select fellows. Fundraising primarily consists of administering the Give-a-Day campaign, in which Sloan students are asked to pledge one day’s worth of their summer salary to the fund; these funds are ultimately allocated to the fellows.
This year, SSIF achieved new levels of success. A competitive pool of nearly 20 students received the fellowship and will be pursing internships at organizations such as: World Economic Forum, Education Pioneers, Dalberg and Open Capital Advisors. On the fundraising side, the Give-a-Day campaign saw more success than ever before, garnering more than 35% participation from the first year MBA class, up from 21% last year. Over the next year, SSIF plans to conduct strategic visioning, raise awareness about the fellowship, expand the Give-a-Day fundraising participation rate, and build an even larger committee with new leadership from the class of 2014.
