May 16, 2022

You do the math: Part III

It turns out working in social impact is almost as ridiculous as the math problems we used to solve in school.

2 min read

1

Meghana just graduated with a master’s degree in the social sciences. She is now looking for a job that:

  • pays a decent salary (roughly INR 45,000/month)
  • has a net-positive impact on society (even a net-neutral impact will do)
  • allows her to utilise her degree in some tangible way

What are the chances (in %) that Meghana will not find what she is looking for, and will therefore end up enrolling for another degree?

2

Hoping to work in social impact, Anup left his illustrious banking career and joined a nonprofit (as the CEO) in 2021. Between the changing legal regulations, donor reporting, and grant writing, he now spends more time on paperwork than he did at his previous job—for a fraction of the perks.

How many years does he have left in the sector before he warns his son never to work in it?

3

Firdaus and Akanksha decide to raise INR 5 lakh from their friends and family for a nonprofit of their choice. To raise the money, they invite two people from the nonprofit senior leadership team to a series of events and dinner gatherings, totalling approximately 48 hours per person over a period of six months.

At the end of the six months, how much has the nonprofit spent to raise the INR 5 lakhs? (Estimate a cost of INR 2,500 per hour, per senior resource)

4

A government panel is created to implement a new urban sanitation programme. The panel consists of expert businessmen and economists, as well as people from different government departments. They spend eight months onboarding partners, deciding how the budget will be spent, and most importantly, selecting a name for the project.

Calculate the cost/benefit ratio of the panel not including any nonprofit and community leaders.

Keys on table-math problems
Picture courtesy: Raw Pixel

5

At a conference on climate change, the proportion of donors to nonprofits in attendance is 1:5.

Create a list of alternate spaces a fundraising manager needs to go to, so that they can find an inverse of that ratio.

6

Six people working in social impact walk into a room. What is the probability that one of them brings up an IDR humour article? 😛

For more, read Part I and Part II of this series.

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India Development Review

India Development Review (IDR) is India’s first independent online media platform for leaders in the development community. Our mission is to advance knowledge on social impact in India. We publish ideas, opinion, analysis, and lessons from real-world practice.

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