by Jessica Groach
jessica.groach@university-of-phoenix-online.net
University-of-phoenix-online.net Columnist

A study by the Association to Advance Collegiate Schools of Business (AACSB) International found that only 7% of full-time MBA students in the U.S. are African American; 5% are Hispanic American; and less than 1% are Native American.

The lack of diversity in corporate American has several causes. For one, female and minority MBA graduates report experiencing prejudice from their white colleagues. Resentful peers may often attribute their employment to political correctness or having to fulfill a diversity quota, rather than to their qualifications. Therefore, minorities must work even harder to prove themselves.

Earning an MBA can help alleviate such resentment. As the premier qualification for business leaders, an MBA cuts through the barriers of gender and race. And as our nation's demographics change, Fortune 500 companies need employees who reflect and understand those demographics. Creating culturally diverse MBA programs is a win-win situation; the students stand a better chance at gainful employment, while these corporations get exactly what they need.

Several organizations are working to increase diversity within MBA programs. Management Leadership for Tomorrow (MLT) connects business students with mentors in the community. The National Black MBA Association awards scholarships and fellowships to all minority students at all degree levels, and also works to introduce schools to prospective minority students around the country.

Online degrees may also help address diversity issues within MBA programs. Online degrees are less expensive and can be earned while the student is employed full-time. Many minorities cite lack of financial resources as a barrier to receiving a graduate degree, so an online degree from an accredited institution can help alleviate some of those financial problems. Online degrees may knock down more barriers than those of race and gender.

About the Author

Jessica Groach is a freelance writer, and she has been an English instructor at the University of Nevada, Reno for four years. Her background includes seven years in media, advertising and public relations. Her work has appeared in various lifestyle and business publications, including a Warner Business Book.

Sources

• Wall Street Career Journal "Diversity Plays a Huge Role in MBA Recruiting Today."
• Wall Street Career Journal "An Innovative Program Diversifies MBA Ranks."
• Wall Street Career Journal "To Advance Quickly, Get On the Fast Track."