Corporate Social Responsibility (CSR) is a relatively new discipline in the field of management studies. However, with government backing and companies seeing it as not just an added responsibility but as a way to improve the brand image as well as profits, CSR has seen a rapid evolution in demand especially in India.
MBA in CSR is a 2-year postgraduate programme designed for graduates who want to make a career in the field of CSR. It is a field of study that deals with helping firms make decisions that adhere to business ethics and are supportive of the community. The programme focuses on the principles of sustainable development and progress that helps companies to boost profits while also keeping a responsible attitude towards how their decisions impact society and the environment.
CSR is considered to be the right way forward by many of the prominent personalities running big businesses around the globe, which helps increase the importance and value of holding an MBA in CSR manifold.
The general course curriculum of MBA in CSR includes the following subjects.
MBA in CSR First Year Syllabus
Fundamentals of CSR |
Financial Management |
Organizational Behaviour |
---|---|---|
Corporate Accounting |
Managerial Economics |
Marketing Management |
Operations Management |
Research Methodology |
Development Economics |
MBA in CSR Second Year Syllabus
Business Ethics |
Corporate Social Responsibility |
Environmental Law and Audit |
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Human Resource Development |
Strategic Management |
Entrepreneurial Management |
Environmental Law |
Supply Chain Management |
Brand Management |
Project Management |
Economic Environment |
Sustainability |
The course curriculum for the MBA in CSR programme varies according to the offering institutes.
India is one of the first countries to experiment with the implementation of Corporate Social Responsibility principles as an integral part of the policy defining the manner in which companies could operate in India. In the Companies Act 2013, the Government of India made it mandatory for some companies, that satisfied certain specified conditions, to incorporate CSR projects. Hence, the demand for graduates in the field of MBA in CSR is only expected to grow in the future, especially in India.
Graduates of the MBA in CSR programme can find jobs in private companies and industries working in almost all sectors of the economy. Some of the top companies hiring MBA in CSR graduates include:
Coca-Cola India
Wipro
Tata Consultancy Services
Tata Steel
Mahindra & Mahindra
Nestle
Infosys
Reliance Industries
Steel Authority of India Ltd.
Bharat Petroleum
The average starting salary earned by an MBA in Corporate Social Responsibility professional is around Rs. 5 lakh per annum. The salary of professionals with around 5-10 years of experience can earn Rs. 15-25 lakh per annum in the field. However, for top-level professionals in the field, there is scope for earning salaries up to Rs. 50-60 lakh per annum.