A career in the impact investing industry is enticing: who wouldn’t want to make money while creating social and environmental impact? However, finding a job in this emerging industry can be difficult. From my own job-seeking experience in this sector, I’ve noticed that many impact investing firms seek MBA talent. However, for many of us mere mortals without an MBA degree, here’s some advice to leverage your skills: Do your research
Similar to searching for a job in any industry, it helps to fake it ‘til you make it. One great resource is the Impact Investing Directory, which compiles the most relevant and recent industry publications. Many of these reports highlight opportunities to get involved in the sector!
Be creative and search for opportunities outside the investing spectrum
There are a limited number of jobs for the millions of capable candidates out there; instead of solely focusing on opportunities at the most well-known organizations (Acumen Fund, Imprint Capital, Goldman Sachs’ Urban Investment Group, Root Capital), I’d suggest also exploring social enterprises that utilize impact investments in the field. The GIIN, BSR, Aspen Network of Development Entrepreneurs and Common Good Careers have comprehensive job opportunity lists for social enterprise, impact investing and many other sustainable initiatives.
Network! Network! Network!
A necessary evil for every job search, networking is a great way to connect with practitioners in the space. Attending meetups and impact investing conferences, such as SOCAP, Harvard’s Social Enterprise Conference, Social Good Summit, Impact Conference, and Summit14, Nonprofit Management Institute, will help demonstrate your passion and get your foot in the door. For graduate students, Morgan Stanley’s Institute for Sustainable Investing has a great fellowship program for aspiring impact investors.
Don’t hesitate to tweet at us @inspiringcap & @lorainnemarie for more helpful tips and advice on all things #impinv #socent!