Who We Are. The Challenge
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- Meryl McGee
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2 Who We Are Since 1966, The Consortium for Graduate Study in Management has worked to increase diversity in MBA programs and corporate America. The Consortium is an alliance of 18 top graduate MBA programs, approximately 75 corporate partners, over 800 students and a robust network of more than 8,500 alumni. Our mission serves to reduce the underrepresentation of African Americans, Hispanic Americans and Native Americans in American business and graduate business schools. The Challenge The MBA diversity pipeline is extremely fragile. Each year, approximately 10,000 students enter a top 50 full-time MBA program. In an average class size of 200 students, only 8% represent underrepresented minorities. Companies realize that having diverse talent within management is imperative to promote short-term and long-term financial performance. However, the race for talent has become extremely competitive due to the number of Fortune 1000 companies, non-profit organizations and the allure of entrepreneurship. The Opportunity Annually, The Consortium awards membership to over 400 candidates. The candidates encompass over 50% of the underrepresented population of students attending a top 50 MBA program. Since inception, we have extended approximately $300 million in fellowship support, resulting in the success of over 8,500 diverse MBAs. The Consortium alumni participate in special interest groups, representing expertise in numerous industries. Currently, we have approximately 75 corporate partners, leveraging the partnership to recruit top level MBA talent for internships. Many of the internships result in full-time employment. Additionally, by engaging our robust alumni network, corporate partners are able to recruit diverse MBA candidates with post-mba experience. The Competitive Advantage Every June, CGSM hosts our signature event, The Annual Orientation Program & Career Forum (OP). This five-day closed event brings together our member schools, corporate partners and students. Our early access and relationship-based model enables partners to continuously engage Consortium MBA candidates. Prior to OP, companies prescreen resumes and engage vetted students. While on site, student engagement opportunities include corporate branding and recruiting for various industries and functions. Companies who wait for campus recruiting usually experience challenges when seeking to recruit top-level diverse MBA candidates. Additionally, The Consortium Development team has extensive corporate experience in various functional areas and is a virtual extension of your talent acquisition team. The Consortium partnership along with the Orientation Program & Career Forum provide the competitive advantage for corporate partners to Connect, Cultivate and Convert top level diverse MBA talent throughout the entire year.
3 member Schools University of California, Berkeley Haas School of Business University of California, Los Angeles UCLA Anderson School of Management Carnegie Mellon University Tepper School of Business Cornell University Samuel Curtis Johnson Graduate School of Management Dartmouth College Tuck School of Business Emory University Goizueta Business School Georgetown University McDonough School of Business indiana University-Bloomington Kelley School of Business University of Michigan-Ann Arbor Michigan Ross School of Business New York University Leonard N. Stern School of Business University of North Carolina at Chapel Hill Kenan-Flagler Business School University of Rochester Simon Business School University of Southern California Marshall School of Business The University of Texas at Austin McCombs School of Business University of Virginia Darden School of Business Washington University in St. Louis Olin Business School University of Wisconsin-Madison Wisconsin School of Business Yale University Yale School of Management The Consortium Student Profile CAUCASIAN 1% AMERICAN INDIAN 34% HISPANIC AMERICAN 6% 13% OTHER ETHNICITY 46% AFRICAN AMERICAN The Consortium students are: 20 to 41 years of age, averaging 27. three to five years into their careers. 42% WOMEN GENDER 58% MEN U.S. citizens or U.S. permanent residents.
4 Corporate and strategic Partners 3M Abbott Accenture Amazon AT&T Corporation Bank of America Bank of America Endowment Fund Barclays BD Boston Scientific Corporation The Broad Residency in Urban Education Campbell Soup Company Cargill, Incorporated Centene Corporation CFA Institute Chevron Corporation Choctaw Nation of Oklahoma Citi Colgate-Palmolive Company Comcast NBCUniversal ConAgra Foods Credit Suisse CVS Health Danaher Corporation Dell Delta Air Lines The Dow Chemical Company DuPont Eaton Education Pioneers Edward Jones Eli Lilly and Company Emerson Ernst & Young Express Scripts ExxonMobil Corporation Federal Reserve Bank of New York GALLUP General Mills General Motors GlaxoSmithKline (GSK) Goldman, Sachs & Co. Google The Hershey Company HP Inc. IBM Johnson & Johnson, Family of Companies Kellogg s Kimberly-Clark Corporation Kraft Foods Group Land O Lakes, Inc. Liberty Mutual Insurance L Oreal USA M&T Bank Corporation Mattel, Inc. McKesson Corporation MillerCoors National Black MBA Association, Inc. Nationwide Mutual Insurance Company Nestlé USA Northwestern Mutual Life Insurance Owens Corning P&G PepsiCo, Inc. Pfizer Inc. The PhD Project PricewaterhouseCoopers, LLP S.C. Johnson & Son, Inc. Starbucks Target TIAA-CREF Toyota Motor Sales, U.S.A., Inc. Wells Fargo Whirlpool Corporation WhiteWave Foods Yum! Brands Inc. 18 Top-Tier MBA Programs Current Students 8,500 + The Consortium Network Alumni Worldwide
5 hear from A CorPorATe PArTner As a founding partner, our association with The Consortium has long-provided us with a source of exceptional talent. We believe in its mission and value the opportunity to build relationships with some of the best and brightest students from underrepresented minorities as well as help build our relationships with top tier schools around the country. Scott Swayne Director, University Recruiting general mills, inc. top-tier talent Pool 18 top-tier MBa ProGraMS early and ContinuouS StuDent access Senior level ConSultative SuPPort ConneCt, Cultivate and Convert
6 Learn more about the value of corporate partnership and how to Connect, Cultivate and Convert top-tier diverse MBA talent The Consortium for Graduate Study in Management 229 Chesterfield Business Parkway Chesterfield, MO Phone: (636) Development Line: (636) Fax: (636)
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