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Release Date: Jun 12, 2009
SIMON SCHOOL PARTNERS WITH MANAGEMENT LEADERSHIP FOR TOMORROW
Partnership to Promote Diversity in M.B.A. Education and Business
Rochester, N.Y.—June 12, 2009—To further promote diversity among the student body, the Simon Graduate School of Business at the University of Rochester is partnering with Management Leadership for Tomorrow (MLT), a national nonprofit that develops African-American, Hispanic-American and Native American young people for leadership positions in corporations, nonprofits and entrepreneurial ventures where these minority groups are significantly under-represented.
The Simon School joins a select list of top business schools and major corporations in partnership with MLT to smooth the transition from early career to an M.B.A. and from an M.B.A. to executive leadership.
“We are pleased to partner with MLT to attract more diverse M.B.A. candidates to the Simon School,” says Dean Mark Zupan. “A diverse student body reflects the global business environment and enriches the experience for all,” says Dean Mark Zupan.
Currently, the Simon School has one of the most globally diverse student bodies among top business schools. At Simon, 26 percent of U.S. students are under-represented minorities. According to a joint study by MLT and Boston Consulting Group, minorities comprise only 16 percent of graduates from the top 100 colleges and 8 percent of all students at the top 30 M.B.A. programs (versus 12-13 percent at top law and medical schools).
The Simon School acted early on to address this issue, becoming a charter member of The Consortium for Graduate Study in Management, an alliance of leading U.S. business schools and members of the national business community whose mission is to encourage and enable the largest possible number of talented African-American, Hispanic-American and Native American college graduates to attend full-time M.B.A. programs and subsequently pursue successful business careers. The School also belongs to the National Black M.B.A. Association and the National Society of Hispanic M.B.A.s (NSHMBA), organizations that promote diversity and help under-represented minorities find internships and jobs.
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The Simon School prides itself as the place Where Thinkers Become Leaders™ and is currently ranked among the leading graduate business schools in the world in rankings published by the popular press, including BusinessWeek, U.S. News & World Report, The Wall Street Journal, Financial Times and Forbes. For example, the Financial Times recently rated the School 2nd in the world for finance and 5th in the world for managerial economics. More information about the Simon School is available on the World Wide Web at www.simon.rochester.edu.