Tony Sheldon

Lecturer in the Practice of Management & Executive Director of the Program on Social Enterprise

Faculty Directory

Tony Sheldon has been executive director of Yale School of Management's Program on Social Enterprise and lecturer in the practice of management since 2008. He teaches practicum courses on social entrepreneurship, as well as a course on financial inclusion in international development. He has worked with microfinance institutions in Africa, Asia, Latin America, and Eastern Europe, primarily in the areas of business planning, financial modeling, and social performance management. Tony has also been a consultant to several development finance networks and funders, including the Ford Foundation, the World Bank, the Consultative Group to Assist the Poor (CGAP), ShoreBank International, and Women's World Banking.

His most recent publication is From Extreme Poverty to Sustainable Livelihoods (World Bank 2014), on a unique program that combines social protection, livelihood development and financial services to reach extremely poor households. Other publications include CGAP’s Handbook on Business Planning and Financial Modeling for Microfinance Institutions and Women's World Banking's Principles and Practices of Financial Management.



  • MPPM , Yale School of Management, 1984
  • AB, Princeton University, 1978


  • Global Social Entrepreneurship: India MGT 529
  • Financial Inclusion in International Development: The Evolution from Microcredit to Inclusive Finance MGT 846
  • Global Social Entrepreneurship MGT 865

Selected Articles

Strategies for Enhancing Efficiency

J. Sheldon
SEEP Network

Business Planning and Financial Modeling for Microfinance Institutions

J. Sheldon & C. Waterfield
CGAP/ The World Bank

Financial Ratio Analysis of Micro-Finance Institutions

J. Sheldon
Small Enterprise Education and Promotion Network

Principles and Practices of Financial Management

J. Sheldon
Women's World Banking