SIIA + SIII

Specialization

Info Session

September, 2023

Agenda

5:00 pm Welcome

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5:10 pm Social Impact, Innovation and Investment (SI³)

• Specialization
• Social Innovation and Investment Alliance (SIIA)
• Sector + Skills

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5:40 pm Student + Alumni Panel

• Questions + Answers

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6:10 pm Closing Remarks

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6:15 pm Mingling

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6:30 pm Wrap Up

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Hosts

Social Innovation and Investment Alliance (SIIA)

Andrew Garrett

Co-Chair | Full-Time Student

Rachel Fleischer

Co-Chair | Part-Time Student

Andrea Armeni

Director of Social Impact, Innovation and Investment (SI³)

Bio:

• Work
• Co-Founder

Transform Finance

• Professor
• Corporate Lawyer
• Author
• School
• B.A. Analytic Philosophy Columbia University
• Juris Doctor

Yale Law School

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NYU Courses:

• Social Impact Investing
• NYU Impact Investing Fund
• The Intersection of Finance and Social Justice

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Contact:

aa6434@nyu.edu

Social Impact, Innovation,

and Investment (SI³) Specialization

Wait, can you define these terms?

The Social Impact, Innovation, and Investment (SI³) specialization provides students with the training to practice across sectors (private, nonprofit, and public) as agents of social change. By learning the language and tools of both business and policy, you will be able to innovate products, services, delivery systems, enterprises, and investment approaches necessary to improve lives and solve major domestic and global challenges.

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• NYU Wagner

You will also be uniquely qualified to assess and measure the social impact that arises from these innovative approaches. Students in the specialization are provided a foundation with required courses traversing ideation, entrepreneurship, and social finance.

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• NYU Wagner

We envision a world where all public, private, and social (nonprofit) sector entities see it as their responsibility to create positive change in the world, and the measured impact of their behavior guides decision making.

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• The Sorenson Impact Institute

Classes

SI³ Curriculum

Social Impact, Innovation and Investment (SI3)

Impact

Design Thinking

Capstone

Social Entrepreneurship courses

Social Finance courses

Innovation and Design courses

required

electives

Innovation

Understanding Social Enterprise

Investment

Social Impact Investing

Impact Measurement courses

additional courses

The Social Impact, Innovation and Investment Road Trip

Impact

Design Thinking

Innovation

Understanding Social Enterprise

Investment

Social Impact Investing

Map

Fuel

Vehicle

Capstone

Road Trip

Impact

Design Thinking

Map

Social Impact

Theory of Change / Logic Model

ACTIVITIES

OUTPUTS

OUTCOMES

IMPACT

IMPACT

RESOURCES

MISSION

Social Impact

Social impact is the measurable positive change that result from an intervention or activity minus what would have happened otherwise.

Social Impact

In other words, if outputs are the results that can be measures and outcomes are the changes to societal systems, then social impact is the change that can be attributed to your intervention.

Design Thinking

Social Impact

Design Thinking is a method and a mindset that starts with an understanding of human needs and motivations to define, frame and solve problems.

The Sorenson Impact Institute

Innovation

Understanding Social Enterprise

Vehicle

Understanding Social Enterprise

Social Innovation

Understanding Social Enterprise

Social Innovation

Social enter­pris­es are rev­enue-gen­er­at­ing busi­ness­es with a mis­sion. Whether it’s pro­vid­ing clean water, expand­ing health care ser­vices, strength­en­ing renew­able ener­gy options or help­ing indi­vid­u­als enter­ing the work­force, social enter­pris­es use their prof­its and busi­ness prac­tices to address a soci­etal need.

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• Annie E. Casey Foun­da­tion

Understanding Social Enterprise

Social Innovation

Social Innovation

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Understanding Social Enterprise

Social Innovation

Social innovations are defined as new solutions that simultaneously meet a social need and lead to new or improved capabilities, relationships, and use of resources.

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• The Young Foundation

Investment

Social Impact Investing

Fuel

Social Impact Investment

Impact Investing aims to expand the pool of capital available to fund the creation of social and environmental value, bridging the gaps between philanthropy, public funding and mainstream capital markets.

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• Nichols, Social Finance

Social Impact Investment

Impact Investments are investments made with the intention to generate positive, measurable social and environmental impact alongside a financial return.

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• The Global Impact Investing Network

Capstone

Road Trip

Capstone

RECRUIT A CLIENT

FIND CLIENT

CHOOSE TEAM

TEAM GENERATED

ENTREPRENEURSHIP

CHOOSE TEAM

WAGNER CLIENT

RANK CLIENT OPTIONS

TEAMS BY CLIENT RANK

INDEPENDENT

RESEARCH

Social Impact, Innovation,

and Investment (SI³)

Sector + Jobs

Social Impact, Innovation, and Investment (SI³) graduates will be prepared to enter the burgeoning social innovation sector as social entrepreneurs, impact investors, impact measurement specialists, corporate social responsibility managers, and a variety of consultant or for-profit and nonprofit management roles where the combined tools of seeking both financial return and social impact are becoming increasingly important.

Impact Investing

Impact Investing Funds

Philanthropy (PRIs)

program related investments

Venture Capital (VCs / SIFs)

specialised investment funds

Community Development (CDFIs / CDVCs)

community development financial institutions

community development venture capital

Corporate Social Responsibility (CSR)

Development Finance Institutions (DFIs)

C

O

N

S

U

L

T

I

N

G

M

E

A

S

U

R

E

M

E

N

T

Intention

Action

Innovation

Entrepreneurship

Social Enterprises

Accelerators / Incubators

Impact

Sector

SOCIAL

Nonprofits,

Foundations, Charities +

Non-Governmental Org.

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ACADEMIC

Schools

PRIVATE

Corporations +

B Corporations

PUBLIC

Government

Municipal, County, State + Federal

Impact Job Search Terms

• Sustainability
• Environment
• Corporate Citizenship
• Corporate Affairs
• Corporate Foundations
• Community Manager
• Community Organizer
• Community Relations
• Employee Engagement
• Green Energy
• Environmental, Social and Governance (ESG)

• Social Finance
• Social Purpose Businesses
• Social Good
• Responsible Investing
• Measurement and Evaluation
• Advocacy
• Development
• Sharing Economy
• Food Security
• Social Finance

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Impact: Select Jobs

• Community Experience Specialist - The DMZ Accelerator
• Impact Measurement & Investing Consultant - Next Generation Technologies
• Senior Associate, Impact Management - Global Impact Investment Network
• Sustainability Project Manager - Zoetis, Inc.
• Innovative Finance Consulting, Impact Advisory Practice - Resonance
• Operations Associate - American Corporate Partners
• Senior Consultant - Alvarez & Marsal
• Chief Operating Officer - Impact Engine
• Manager Corporate Affairs & Communications - American Express
• Program Associate / Lead, Social Impact - Results for Development + DoorDash
• Associate Director of Development, Donor & Corporate Relations - The Knowledge House
• Senior Associate - Denton Global Advisors
• Chief of Staff - OutcomesX
• Senior Customer Success Manager - Proof of Impact
• Business Development Analyst - Bluemark

SI³ Alumni | Classes of 2018-2022

Innovation: Select Jobs

• Associate, Portfolio for Impact and Innovation - Development Finance Corporation
• Problem Solving, Integration Coordinator - Los Angeles Homeless Services Authority
• VP, Finance and Operations - Obvi
• Director of Strategic Growth - Cause Strategy Partners
• Founder - Refugee Integration Insights + motivote

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SI³ Alumni | Classes of 2018-2022

Investment: Select Jobs

• Associate Manager, Clean Energy Finance - CT Green Bank
• Associate Lead Analyst - Moody’s Investor Service
• Investment Banking Analyst / Associate - SMBC + Goldman Sachs
• Vice President - Morgan Stanley
• Chief Operating Officer - 17 Asset Management
• Vice President - EII Global Sustainable Product, Blackrock
• Manager, Philanthropy - The Majurity Trust
• ESG Impact Investing Analyst - HIP Investor, Inc
• Equality Lead / ESG Analyst - BNP Paribas Asset Management
• Senior Associate - ESG Research, Education or Engagement - MSCI, Novata + Arjuna Capital
• Senior Associate - Grants Management - Acumen Fund
• Manager, Corporate Citizenship - RBC Capital Markets
• Government Partnerships and Business Development - Acumen Fund
• Loan Monitoring Officer - Local Initiatives Support Corporation
• Social Impact Analyst - TCC Group
• Africa Investment Officer - Accion Venture Lab
• Senior Manager, Impact Investment - New Markets Support Company

SI³ Alumni | Classes of 2018-2022

competition

Why do you think employers want to hire individuals with Master of Business Administration (MBA) degrees?

Which 5 of the following do employers consider the most important MBA skills?

1. Ability to build, sustain and expand network of people
2. Ability to influence others
3. Ability to solve complex problems
4. Ability to use social media to benefit business
5. Ability to work in a team
6. Ability to work with a wide variety of people
7. Accounting
8. Applied microeconomics
9. Big data analysis
10. Drive & resilience
11. Environmental management and CSR
12. Financial forecasting
13. Foreign languages
14. Programming
15. Specialized marketing skills
16. Strategic thinking
17. Time management and ability to prioritize

Which 5 of the following do employers consider the most important MBA skills?

1. Ability to build, sustain and expand network of people
2. Ability to influence others
3. Ability to solve complex problems
4. Ability to use social media to benefit business
5. Ability to work in a team
6. Ability to work with a wide variety of people
7. Accounting
8. Applied microeconomics
9. Big data analysis
10. Drive & resilience
11. Environmental management and CSR
12. Financial forecasting
13. Foreign languages
14. Programming
15. Specialized marketing skills
16. Strategic thinking
17. Time management and ability to prioritize

Critical Competencies

1. Commit to a pro-social purpose

intended to help or benefit another person or group

• Empathy
• Moral imagination

putting yourself in someone else’s shoes

• Acting boldly
• Resilience
• Self reflection
• Inspiring others
• Credibility and accountability
• Systemic thinking

Abilities | Social Impact Leaders

Social Impact, Innovation,

and Investment (SI³)

Skills + Abilities

Critical Competencies

• Impact
• Strategy
• Theory of Change
• Impact Assessment + Measurement
• Advocacy
• Community Development

Skills | Social Impact Leaders

Critical Competencies

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• Innovation + Entrepreneurship
• Self-Management
• Project Management
• Analytics & Problem Solving
• Pitching + Storytelling
• Budgeting + Accounting
• Information Technology
• Management

Skills | Social Impact Leaders

Critical Competencies

• Investment + Finance
• Financial Analysis + Modeling
• Financial Monitoring
• Negotiation & Deal Structuring
• Legal
• Fundraising + Resource Mobilization
• International Development

Skills | Social Impact Leaders

Social Impact, Innovation,

and Investment (SI³)

Resources

Recent Openings | Job Boards | Newsletters | Fellowships | Companies | Case Competitions

NYUWagnerSIIA.com

Specializations

Specializations

Social Impact, Innovation, and Investment

Finance

Advocacy &

Political Action

Policy

Management

& Leadership

International Development

Specializations

connections + flexibility

Social Impact, Innovation, and Investment

Finance

Advocacy &

Political Action

Policy

Management

& Leadership

International Development

Consulting + Entrepreneurship

Impact Investing

Public Private Partnerships

Impact Measurement

Design Thinking

Specializations

connections + flexibility

Social Impact, Innovation, and Investment

Finance

Advocacy &

Political Action

Policy

Management

& Leadership

International Development

Consulting + Entrepreneurship

Strategic Management

and Leadership

Impact Investing

Economics of International

Development

Public Private Partnerships

Corporate Finance and Public Policy

Impact Measurement

Evaluating Policies + Programs

Design Thinking

Community Organizing

Specializations

Social Impact, Innovation, and Investment

Finance

Specializations

Social Impact, Innovation, and Investment

Public Finance

1 specialization

2 specializations

on paper

in practice

Choosing A Specialization

1. Goals
2. Classes

Requirements + Electives

• Capstone
• Opportunities + Benefits

Class Priority + Travel

• Community

Faculty, Staff, Students, Alumni + Sector

Opportunities + Benefits

NYU Impact Investment Fund

NYU Wagner (Public Service), Stern (Business), Law, Abu Dhabi + Undergrads

SI³ Travel

PAST

El Salvador

PRESENT

San Francisco, CA

FUTURE

To Be Determined

October 23-25

January

Sector + Issue Area

Agnostic

Sector:

• Public
• Government
• Private
• Corporate
• Social
• Nonprofits
• Academic
• Schools

Topic Area:

• Criminal + Social Justice
• Environment + Energy
• Health + Human Services
• Community Development
• Workforce
• Economics
• Technology
• Transportation
• _____________________

Growing Field

Conferences

NYU Conference Funding Available ($500 maximum)

Community

NYU Impact Investment

Alumni Club (NIIAC)

NYU Social

Innovation Symposium

Wagner (Public Service), Stern (Business) + Law

The Social Impact and Sustainability Association (SISA)

Stern (Business)

We are committed to connecting, informing, and inspiring students and alumni interested in social impact, innovation, and investment. We build community; provide networking and professional development opportunities; and advocate for students and alumni in the classroom, field, and world at large.

Getting Involved

• First-year representatives

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• Member at large
• Bi-annual community meetings

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• One-on-one connections

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• Attend events

Social Impact, Innovation

and Investment Panel