How Does Diversity Play Into MBA Admissions?

AdmissionDiversity has become a buzzword throughout the business world, however one place where its potential has not been fully realized is in the classrooms of some of the top MBA programs in the world. In this way, many business schools struggle to emulate the markets to which they send graduates to.

We can all agree diversity in the workplace and in the classroom make for a more rewarding experience for all. Let’s discuss how diversity can manifest itself during the MBA application process:

Ethnic Diversity:
In the United States, this is one of the most important and severely-lacking forms of diversity in top MBA programs. Underrepresented minorities – such as African-Americans, Native Americans, and Hispanic Americans – in the U.S. still represent tiny portions of most schools’ incoming classes.

Many blue chip companies rely on MBA programs to serve as feeders for their talent, and if MBA programs remain barren of diverse candidates, then top companies will also struggle in this department. Given this need, qualified, underrepresented minorities really can stand out in the application process if they package together the “right” application.

Gender Diversity:
Business schools have made remarkable strides when it comes to gender diversity. MBA programs have historically been a “boys club,” but most programs have narrowed the gap here and come closer to the desired 50/50 gender ratio. This year, Northwestern’s Kellogg School even reported a record 43% of female MBA students in their Class of 2018. Even with these improvements, women still remain a minority of sorts, which can prove advantageous in the application process.

International Diversity:
The business world has become truly global – a shift that most programs have tried to mirror. The business school campus of today can take on the look of the United Nations, itself. The array of experience and thought this diversity brings to the classroom can help shape a class set out to become the global leaders of tomorrow. Remember, there are certain regions of the world that are underrepresented and others that are over-represented, so international diversity can go both ways when it comes to admissions.

With the holistic nature of the MBA admissions process, diversity can play a huge role in shaping the student community for the incoming class. This diversity of thought, perspective, and experience is certainly a hallmark of the MBA experience.

Applying to business school? Call us at 1-800-925-7737 and speak with an MBA admissions expert today, or take our free MBA Admissions Profile Evaluation for personalized advice for your unique application situation! As always, be sure to find us on FacebookYouTubeGoogle+ and Twitter.

Dozie A. is a Veritas Prep Head Consultant for the Kellogg School of Management at Northwestern University. His specialties include consulting, marketing, and low GPA/GMAT applicants. You can read more articles by him here.

Success Story Part 4: "Like sands through the hourglass, so are the essays of our lives…"

(This is the fourth in a series of blog posts in which Julie DeLoyd, a Veritas Prep GMAT alumna-turned-instructor, will tell the story of her experience through the MBA admissions process. Julie will begin her MBA program at Chicago Booth this fall. You can also read Part 1, Part 2, and Part 3 to learn Julie’s whole story.)

Since the time this business school idea first occurred to me on that Texas highway, the GMAT had been my main concern and the only real hurdle I had anticipated. Now with that hurdle behind me, I realized there was a whole new challenge ahead. Choosing schools, and writing essays upon essays upon essays

GMAC Works to Attract More Black MBA Students

Late last week the Graduate Management Admission Council (GMAC) announced a new partnership with the nation’s Historically Black College and University (HBCU) business schools to attract more African Americans to MBA programs nationwide. The partnership will include more recruiting efforts by schools, more marketing of the value of an MBA to black students, and fee or significantly discounted GMAT preparation services for those students.

GMAC President David A. Wilson, in his keynote address at the annual HBCU Deans Roundtable Summit, noted significant increases in African American students taking the GMAT exam. According to GMAC, the number of African American test takers has doubled in the past decade, with a 26 percent increase in just the past four years.

As part of this partnership, GMAC will offer GMAT fee waivers (currently it costs $250 to take the GMAT) for each of the HBCU business schools to use at its discretion to make sure that no student is denied access to the exam for financial reasons. In addition, GMAC will provide each school packages of test preparation materials, including copies of the new 12th edition Official GMAT Guide and GMAC’s own GMAT Prep software on CD.

Building on this outreach effort, Wilson also announced a cross-country tour of the GMAT Mobile Testing Center to HBCUs and Hispanic-Serving Institutions from October 2009 to May 2010. The 32-school bus tour will reach all U.S. based four-year HBCU and HSI members that are at least 40 miles from the nearest GMAT test center, thus further enhancing student accessibility to the exam.

If you are just starting to prepare for the GMAT, take a look at the GMAT prep options that Veritas Prep offers, and try a free practice GMAT exam.