[vc_row][vc_column][vc_column_text]Hispanics and Latinos make up the largest ethnic or racial minority in the U.S. at about 17% of the US population, but they hold only about 4% of senior executive leadership positions in corporate America. To begin to change this trend, we need to increase the pipeline and increase the awareness in the Latino community of the value of an MBA. If you are Hispanic or Latino and thinking about business school, here are some resources to help you navigate the road ahead.
MLT works to improve the representation of Hispanics and other minorities in the corporate world. MLT has a portfolio of programs starting from undergrad all the way to the executive level. One program of particular interest to Latino MBA Candidates is the MBA Prep program. Through this program, candidates are assigned a coach who works with you for ten months to help you craft your personal story and guide you through the business school application process. MLT has also partnered with many of the top business schools, giving you the opportunity to interact with admissions officers from these schools through workshops hosted on their campuses. The MBA Prep program is selective and requires application the year before you apply to business school. I am an MBA Prep Fellow myself and can say that MLT was invaluable in getting me through the business school application process.
Formerly the National Society of Hispanic MBAs (NSHMBA), Prospanica is committed to furthering the career growth of the Hispanic community with various programs to support Hispanic MBA candidates in particular. With a network made up of both students and professionals, you will find people who can mentor and guide you as you embark on applying to an MBA program and navigate the next steps for your career. From access to employment opportunities to foundation scholarships, consider signing up for membership as soon as you start thinking about pursuing an MBA.
The Consortium is a network composed of 19 leading business schools, corporations, students, and alumni with the mission to increase diversity and inclusion of Hispanics, African-Americans, and Native Americans in American business education and leadership. Any candidate that can demonstrate his/her commitment to this mission is welcome to apply to the Consortium. With one application, you can apply to up to six Consortium schools, including Yale SOM, Tuck, and NYU, which will save you time and money in the application process. If you’re admitted and enroll in any of the Consortium schools you applied to, you become a Consortium member and have the opportunity to participate in an orientation program before starting your MBA and network with companies as you begin thinking about your next career move. To top it all off, as a member, you will be considered for a full-time merit-based fellowship to the Consortium MBA program you enroll in.
This is an initiative of UCLA Anderson School of Management aimed at developing minority students to ascend to business leadership roles. The MBA Fellows Program, in particular, works with recent college graduates to prepare them to successfully apply and graduate from top business programs around the country. As a fellow, you’re required to participate in monthly Saturday sessions at UCLA and have a team of mentors and counselors to help you successfully navigate the MBA application process.
5) Diversity Weekends & Information Sessions
When you submit your business school application should not be the first time a school is seeing your name in their system. Get to know your schools of interest and be able to demonstrate an understanding of their unique offerings and how they are a fit for you. Many schools, including Harvard Business School, Ross, Columbia Business School, and Fuqua, offer diversity weekends in collaboration with various student organizations such as the Latino Student Organization (LASO) at HBS. This is an opportunity to get a closer look at your school of interest and interact with current Latino students and hear about their business school journey. Alternatively, if you’re unable to make it out to these schools for diversity weekend, look out for diversity-focused information sessions that may be hosted in various cities across the US.
As with all candidates, Hispanic/Latino MBA applicants should make sure to do their homework before applying to any program. Some will be a better fit for you than others based on your background, work experience and future career path. Keep these resources in mind as you navigate the process and find the best place for YOU to pursue your MBA.[/vc_column_text][/vc_column][/vc_row]