|
...just six percent of the student bodies at the top 50 MBA programs compared with 13% at the top 50 law schools and 12% at the top 50 medical schools, according to Management Leadership for Tomorrow. MLT is a New York City-based organization that offers programs designed to increase the presence of qualified students of color in graduate business schools, corporations, non-profit organizations and entrepreneurial ventures.
"The MBA degree is valuable because it can help a person understand business and the issues businesses face," said Antoinette Malveaux, president and Chief Executive Officer of the National Black MBA Association, Inc. "For people who have been in the workforce for a while, it can also help them broaden their skills and discover new ways to use their skills and talents," she said.
The MBA is also a great way to switch careers, said Joe Fox, associate director of MBA Programs at the John M. Olin School of Business at Washington University.
"People can build a bridge to make a significant change in careers," said Fox, who also sits on the board of the Consortium for Graduate Study in Management. "Someone who's been in engineering can go into marketing or a person who has worked in heath care can switch to finance."
There are many ways to earn an MBA. Part-time programs allow students to work full-time and go to school part-time. Executive MBA programs tend to be popular choices among people whose companies want to sponsor their studies. Students typically continue to work full-time, but take weekend classes. The full-time MBA, which normally takes two years to complete, is probably the most popular choice and often the most daunting. Attending one of these programs usually means quitting a job and borrowing money in the form of student loans to pay tuition and living expenses. Most full-time MBA programs admit few applicants without at least...
NOTE: All illustrations and photos
have been removed from this article.
More articles from The Black Collegian
How to prepare for success using internships and co-ops.(Career Planni..., October 01, 2002
L'Oreal and Soft Sheen Carson launch initiative to build leadership th..., October 01, 2002
Judge Jules Edwards, III: thrives on challenges to achieve success.(Fe..., October 01, 2002
Reparations, a fundamental issue of social justice.(Special Report), October 01, 2002
Role model profiles., October 01, 2002
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
%20%20&position=1)