NGOs have been contributing to society for years and have achieved to a certain extent in providing welfare to the ones who need to survive in one way or another being abandoned by society. As you have heard stories about diverse NGOs involved in multi-faceted issues and challenges of society, an NGO is a sincere commitment to those who lack resources of any kind such as poverty.
Then we have Online MBA courses that have been a buzz in the country where the current economy is demanding competent management professionals to scale organizations that are pivotal to the GDP of the country. An Online MBA course has empowered aspiring professionals, students, and entrepreneurs to upskill themselves with the managerial skills and knowledge required to play job roles that are essential to grow a company, be it a startup, unicorn, mid-level company, or MNC.
Now you must be wondering why am I discussing randomly about NGOs and Online MBA courses together. Well, there is an idea that connects the prowess of both. Just imagine a rural setup or a tier-2/tier-3 city, it consists of entrepreneurs and potential managers who can grow these setups into an ecosystem that fosters innovative practices that transform their surroundings and enter into competition with tier-1 urban economy so that they reach the economic standards that are comparable with tier-1 cities. Even a rural setup can prosper at the level of tier-1 cities and remain prosperous as a rural area.
In this page, we are going to discuss how an NGO connects universities with entrepreneurs of rural/semi-urban areas of the country by providing them with management education such as an Online MBA course and more specifically how it can integrate the knowledge & skills of an Online MBA in Finance Management.
Education Fundraisers
The operations of connecting universities with an audience that are involved in businesses of rural and semi-urban areas is an operational challenge. It needs the influx of corporate organizations to fund this. As a part of Corporate Social Responsibility, corporations can integrate their social goals via an NGO. This can be obtained via education fundraisers where ed-tech companies might jump on the opportunity to fund management education and provide resources to make this happen. Even fundraiser events can foster collaboration between the concerned NGO and organizations that can provide digital resources to implement this idea.
Ed-tech companies looking for partnerships with this NGO can cooperate and set compensations so that both parties, the consumer and the ed-tech company can meet their interests. Teaching an Online MBA course to entrepreneurs and budding managers is the ultimate idea that this article is trying to impart to the readers. These fundraisers should be both education-centric as well as business interests so that a proper network is established between the NGO and interested parties who have invested their stakes for a successful implementation of the idea. This kind of program acts as an executive program. The aim of a fundraiser should be to gather funds that can support different stages of this operation and involve connections with whom networking happened during the fundraiser.
Availability of Technology
Like a scholarship, the students of the Online MBA programs in this idea where a university is providing management education to rural and semi-urban populations must be provided with the required technology that is required to enable internet access with a computer system through which he/she can attend classes. There is a need to procure these digital resources and implement Online MBA courses by connected universities in creating special executive programs meant for this kind of venture. While this accessibility is taken care of, the judicious distribution of these digital assets must be accounted for and the one who will use this system to learn must be under the supervision of the NGOs so that these students don’t abuse this privilege.
The availability of technological resources can be made use of by tying up with mainstream electronics organizations that can provide brand visibility in the NGO’s cause via advertising campaigns which could attract attention towards both the organization and the NGO. This could also attract more influx of funds as it becomes more and more popular. In some cases, with the use of these technical resources the audience that is availing this help from the NGO can improve their living and occupation and earn more which leads to the empowerment of these individuals who are availing the facilities of this NGO-backed initiative.
Conducting Workshops
The biggest challenge for this NGO will be to implement digital literacy among the crowds of semi-urban and rural areas. A significant population of the country doesn’t have access to digital facilities, even if there is internet available, the means to access or the knowledge of technical systems is scarce. The NGO can pounce upon this opportunity by conducting workshops on a mass scale by networking with government initiatives to empower these individuals who can transform their lives through these.
These workshops will be conducted at a slow pace for better assimilation so that for these individuals in need, digital literacy becomes second nature. With the advent of payment technologies that have reached rural/semi-urban areas. There is hope in the attempts by this kind of NGO to provide management education to the individuals who don’t have access to the knowledge and skills that can be developed and leveraged to implement business structures in a more optimized manner. A collaboration with the government can make this NGO reach the corners of the country and make it a scheme setup where Online MBA courses, especially specializing in Online MBA in Finance Management will double up digital literacy and financial literacy among these individuals who want to be empowered as the entrepreneurs of tomorrow.
Conclusion
Despite being a developing country, there are limitations for a system to reach out to every corner country, it’s practically a challenging task. To fill that gap an NGO like this can bridge it by coming up with innovative mechanisms to handle the money that is required to reach the right places and a proper flow controlling the different stages of funding operation to implementing the required necessities to enable learning Online MBA courses from universities that have a purpose in reaching out as far as they can and establish themselves as the sentinel protectors of goodwill in society. There is a good blend of digital and financial literacy that can be scaled among these individuals and entrepreneurs via an Online MBA in Finance Management. This initiative gets to be a pioneer in bridging the gaps of society with the world of business. This integration is fruitful for stakeholders with a direction towards the betterment of humanity.
