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50 Years of History: The Consortium for Graduate Study in Management


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The Consortium is commemorating its 50th anniversary in 2016. Learn about the organization, the people who created it, the stories behind it and opportunities to cover this landmark moment in our nonprofit's life.

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50 Years of History: The Consortium for Graduate Study in Management

  1. 1. THE CONSORTIUM: 1966-2016 M E D I A K I T
  2. 2. 2 0 1 6 : A M I L E S T O N E A N N I V E R S A R Y Y E A R Driving diversity in MBA education and corporate leadership since 1966. Bringing 1,200 students, alumni and partners to St. Louis for our 50th annual Orientation Program & Career Forum. Celebrating throughout 2016 on social media: Looking ahead, looking back. 50 years STL #CGSM50
  3. 3. W H A T I S T H E C O N S O R T I U M ? STUDENTS The Consortium is a nonprofit alliance of top-tier MBA programs and corporate partners dedicated since 1966 to one mission…
  4. 4. T H E C O N S O R T I U M ’ S M I S S I O N “To enhance diversity in business education and leadership by reducing the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in our member schools’ enrollment and the ranks of management.” “It was (in Chicago) I first conceived that our business schools might take a more active and constructive role in promoting equal opportunity employment in our country.” Founder Sterling Schoen, Washington University in St. Louis, writing in 1996
  5. 5. W H A T T H E C O N S O R T I U M D O E S Provides merit-based, full-tuition fellowships to MBA prospects attending member schools. Provides early access to corporate partners recruiting leaders for internships and jobs. Recruits MBA prospects, growing the pool of underrepresented minority candidates. Maintains a vast network of students, alumni, member schools & corporate partners.
  6. 6. R E S U L T S Among the top 50 MBA programs nationwide, enrollment by underrepresented minorities dropped 8 percent between 2003 and 2010. Fully half the minority MBA students matriculating at the top 50 full-time programs have been recruited through The Consortium. “We are the schools.” Some with us 50 years; some as recently as 2013. Committed corporate partners. We have partners that have been with us since the beginning, yet we add new ones every year. Bucking that trend, in MBA programs affiliated with The Consortium, minority enrollment was up nearly 30 percent.
  7. 7. C O N S O R T I U M T I M E L I N E 1963: Zero African American managers in Fortune 500. 1966: Schoen organizes “Feasibility Conference” at Washington University. 1966: Washington University, Indiana University and the University of Wisconsin join The Consortium. 1967: First class: 21 African American men attend WashU Orientation Program. 1968: The University of Rochester and the University of Southern California join The Consortium. 1970: Mission expands to include women, Hispanic Americans and Native Americans. 1980: Founder Sterling Schoen retires as program director. 1983-84: Consortium grows to include nine member schools. 1985: Peter Aranda becomes a Consortium fellow, attending Washington University. 1986: Consortium moves its offices off the Washington University campus. 1999: Sterling Schoen dies. 2003: Aranda becomes first alumnus to lead The Consortium. 2005: Eligibility for membership expands to anyone with a “demonstrated commitment” to the mission. 2013: Georgetown becomes the 18th member school in The Consortium. 2014: Combined fellowship support for MBA students exceeds $300 million.
  8. 8. T H E C O N S O R T I U M B Y T H E N U M B E R S $300 million in combined fellowship support since 1967. 8,500 alumni worldwide. 1,075 applications received in 2015. 800 students at member schools annually. 650: Average GMAT score. 86 cents per dollar spent on student services. 50 years of service. 27.4: Average age of new members. 18 member schools 1 mission
  9. 9. Peter J. Aranda III, CEO, Executive Director On the job since 2003, Peter was the first of the four Consortium leaders to be an alumnus of the organization. He’s modernized and streamlined the organization, bringing with him his background in consulting. W H O W E A R E : O U R L E A D E R S H I P T E A M Janice Wells-White, VP, Program Administration Since 2008, Janice has overseen recruiting, events, communications, database management and other day-to-day operations for The Consortium, with a background in higher education, private business, government, nonprofits, specializing in driving efficiency. Glenn Wilen, VP, Finance and Administration Glenn maintains the integrity of The Consortium’s financial records, supports other departments and manages HR. His comes with a financial planning background in consumer product and entertainment companies. Anthony J. Davis, VP, Development Responsible for managing corporate relationships and developing new partners, Anthony also applies his background in philanthropic giving to our individual giving campaigns and The Consortium’s alumni relations.
  10. 10. W H O W E A R E : O U R M E M B E R S C H O O L S University of California, Berkeley University of California, Los Angeles Carnegie Mellon University Cornell University Dartmouth College Emory University Georgetown University Indiana University- Bloomington University of Michigan- Ann Arbor New York University University of North Carolina at Chapel Hill University of Rochester University of Southern California The University of Texas at Austin University of Virginia Washington University in St. Louis University of Wisconsin- Madison Yale University
  11. 11. W H O W E A R E : 8 0 C O R P O R A T E P A R T N E R S “We were blown away by the knowledge, passion and commitment we see from The Consortium. We definitely feel as though our corporate partner relationship is in fact a partnership for mutual gain.” — Kirsten Gates, program manager, finance strategy & transformation “We have the benefit of utilizing The Consortium as an extension of our recruiting team. They make it easier for me to do my job.” — Patricia K. Hernandez, director, organization development “As a founding partner, our association with the Consortium has long-provided us with a source of exceptional talent. We believe in its mission.” — Scott Swayne, director, U.S. recruiting
  12. 12. W H A T ’ S N E X T ? O U R S I G N A T U R E E V E N T 50th annual Orientation Program & Career Forum • June 3-8. • Marriott St. Louis Grand, 800 Washington Ave. • 1,200 students, alumni, corporate partners and member school representatives. • 50th class photo with 400 students. • Workshops, networking, events.
  13. 13. W H A T ’ S N E X T ? S T O R Y A N G L E S More Growth Needed: Though The Consortium recruits fully half of the underrepresented minorities attending top-tier MBA schools annually, total minority enrollment has remained flat for years. Why? Profiles: An impressive array of alumni have come through The Consortium, many of whom have made a difference in corporate America and the diversity arena. Changes in MBA education: How has an MBA changed in the past 50 years? Is the investment worth it? Changing demographics: Caucasians will be the minority among the U.S. population by 2043; how are forward-thinking companies dealing with this shift? Profiling an institution: How The Consortium went from a class of 21 African American men in 1967 to more than 400 men and women annually today.
  14. 14. W H A T ’ S N E X T ? S O C I A L M E D I A Posts throughout the year on Facebook, Twitter, Instagram and LinkedIn
  15. 15. THE CONSORTIUM FOR GRADUATE STUDY IN MANAGEMENT ONLINE CONTACT Kurt Greenbaum Communications Director 636-681-5449 Janice Wells-White Vice President for Program Administration 636-681-5451 C O N T A C T T H E C O N S O R T I U M 229 Chesterfield Business Parkway Chesterfield, MO, 63005