What does it mean to apply through a consortium?
The Consortium application allows prospective students to apply to up to six MBA programs through its common application, paying a deeply discounted application fee when compared to applying separately.
What is consortium program?
The Consortium is a nonprofit educational organization dedicated to increasing African American, Hispanic American and Native American representation among the ranks of leading MBA programs and corporations throughout the United States.
What is the mission of the consortium?
The mission of The Consortium is to increase the ranks of African Americans, Hispanic Americans, and Native Americans in business education and corporate leadership. In 1970, that mission was expanded to include women, as well as Hispanic Americans and Native Americans.
How do you qualify for a consortium?
Eligibility ▼
- U.S. citizen or U.S. permanent resident of any race or ethnicity.
- Demonstrate a commitment to The Consortium’s mission of helping to reduce the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in both our member schools’ enrollments and the ranks of management.
What opportunities does the consortium provide?
A consortium pools redundant resources such as cultural centers, libraries, bookstores, and laboratory facilities. This produces dual benefits; each college becomes more attractive to prospective students, and more funds become available to each school to improve academic quality — its fundamental purpose.
How do college consortiums work?
A consortium is a coalition of two or more schools with the intent of sharing resources, improving finances and educating students. Usually, consortiums are between schools in the same general geographic location, but some result from the melding of virtual campuses.
How do I join consortium?
Selection is based on community activism, professional involvement and life experience, and should be documented both in your application essay and at least one letter of recommendation. The Consortium staff will review your membership essay and recommendation to determine your fit with The Consortium.
How hard is it to get into consortium?
Applying through The Consortium is optional for any member schools, and the list of Consortium member schools excludes many of the top 10 MBA programs. Meanwhile, seven of the top 10 schools are under 30%, and the average is 27.9%.
Is consortium the same as joint venture?
Joint ventures join two or more different entities into a new one, which may or may not be a partnership. The term “consortium” may be used to describe a joint venture. However, a consortium is a more informal agreement between a bunch of different businesses, rather than creating a new one.
