Employers Seeking Out Diversity In MBA Hires
December 23, 2008
By the My MBA Career Content Team – Find Top MBA Degree Programs
MBA programs are being urged to place a strong emphasis on diversity as the nation and its business needs become increasingly multi-ethnic.
This week, Business Week noted that despite ongoing efforts to attract a more diverse student body, the percentage of African Americans and Hispanics pursuing business degrees has actually fallen to 29 percent - the lowest level since 2003.
The magazine added that African-American and Hispanic enrollment at its top 30 business schools averages 9.5 percent of enrolled U.S. residents. Some reasons given for the relative scarcity of minority MBA students ranged from a greater likelihood of these students pursuing medical degrees to the possibility that highly-recruited minority professionals are already rising in their companies without going back to business school.
"Our staff should mirror our customer base. And our customer base is getting more diverse," Cenona Taveras of Procter & Gamble told Business Week. Proctor & Gamble and other leading employers like Kraft have especially been seeking out more minorities with MBAs, with limited results.
For those interested in pursuing an MBA degree, there's no time like the present to begin comparing programs, including online MBA courses, and educating yourself on the variety of financial aid programs and other opportunities that will await you.
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Related Article Topics: Business News | Management
