A recent study by GMAC (the Graduate Management Admission Council) indicates that financial aid is one of the tools that business schools have at their disposal to attract minority and international students. The article suggests that “full-time MBA programs can improve their ability to attract students by strengthening and increasing promotion of their financial assistance programs.”
For the full text of the article, please see GMAC’s website.
Along similar lines, the World MBA Tour has found that increasing numbers of women are seeking MBAs. The article notes, “For women in business, the ‘glass ceiling’ remains a major problem, but, according to new figures, the number of women aiming to use an MBA as a way to break through is on the rise. The figures came from the organisers of the world MBA Tour, the largest international programme of business school information fairs. Of more than 44,000 candidates who attended tour events in 2004, nearly 34 per cent were female, in comparison with 28 per cent in 2003.”
To continue reading, go to the full article.
Finally, it looks like the results of several surveys have found that minority business school professors significantly affect the career choices of their students. The article discusses the PhD Project, whose “goal is to diversify the front of the classroom as a means to better prepare students for a diverse work environment,” according to Bernard J. Milano, President of the KPMG Foundation. He adds, “It is reassuring to know students feel minority professors and doctoral students are impacting positively on their career decisions and education.”
Read the rest of the article here.
Application News Update: Darden
In unrelated news, Darden has decided to extend its application deadline until June 1. In their email, the adcom mentioned that, “[d]ue to a few special requests, the admissions committee would like to extend to everyone, the opportunity to apply to Darden until June 1, 2005. Please allow the Admissions Committee to review your application materials and if necessary you will be contacted for an evaluative interview.”
This should give all of you a bit more time to work on your applications, if necessary, but we encourage you to not wait until the last minute to submit your materials!
