Michigan Ross and Social Entrepreneurship/Impact
In its commercials during televised football games, as well as in PSA videos, the University of Michigan highlights its significant impact on the Ann Arbor community through initiatives in medicine, environmental sciences, and technology. This university spirit of “doing good” permeates the Michigan Ross School of Business, which has a long-standing commitment to social impact.
The Ross Business+Impact initiative—a major resource for Ross students interested in social issues—offers a Board Fellows program, speaker events, and sponsored consulting internships via its Summer Fund. The Ross Net Impact chapter, designated as a Gold chapter for multiple years, has previously hosted the organization’s annual conference (held in a different location each year) and provides various social entrepreneurship resources to students interested in this track. Additionally, in honor of Professor C. K. Prahalad (who passed away unexpectedly in 2010), Ross offers a MAP option focusing on the relationship between profit generation and social value creation, a fellowship for students to work on action-based learning projects, and the C. K. Prahalad Grand Challenge, a competition that gives students the opportunity to build a business plan for value creation at the base of the pyramid.