Bill Gates, Richard Branson and Warren Buffet – what do all of these famous billionaires have in common? Other than their vast wealth, they all share a passion for philanthropy. These generous billionaires have kick started a discussion in recent years about the obligation on those who have been successful in their careers to “put something back”. In many cases, this is a recognition of the fact that their success would not have been possible without the contributions of earlier generations. The provision of scholarships and other forms of support for current students from alumni is an obvious example.
Like all good habits, philanthropy is one that is best learned from an early age. In the case of those who are still undertaking their university studies, giving back financially is not always feasible. However, there are a number of other ways in which students can make significant contributions.
At the UWA Business School, there are a variety of opportunities for students to assist those less fortunate than themselves. For example, students can join student societies that enable members to put into practice some of the skills and knowledge that they are acquiring in the classroom, while also having a beneficial impact. Joining student societies is a great way to network with like-minded students, make friends, participate in fun activities – and even kick start a career!
Why do students choose to volunteer? Many of the students I have met don’t just want to write a cheque to fulfil their charitable commitments – they want to actually witness the benefits of the work they do through individual, skill-based volunteering. Meanwhile, the companies who support our students also benefit by building respect and a good reputation in the community, and fostering the next generation of philanthropists.
We have seen some wonderful philanthropic outcomes already. At the UWA Business School, our students have created Finance For Life, an online and classroom based program for young adults that teaches fundamental financial literacy skills and concepts. Another creation is The Innovation Hub – a dedicated space for young Western Australians to realise their start-up business ideas, alongside the expert advice of successful Perth based entrepreneurs who offer mentorship opportunities.
The benefits of joining a student group reach far beyond the few listed above – the enrichment and experiences you will gain as part of a student society will create lifelong memories and friendships, as well as the “feel good” sentiment of giving back. I encourage you to find out more about joining or supporting a student group by contacting the societies directly or talking to the Student Experience Team at the Business School.
