TOP 25 MBAs for Hispanics

As the economic crisis looms over the business world, progressive business schools have realized that recruiting exceptional Hispanic students and other underrepresented minorities is a key establishing long-term success.

Yet progress remains slow. Hispanics may account for 14 percent of the U.S. population, but they remain grossly under-represented in MBA programs. In fact, minorities—including African Americans, Hispanics, and American Indians—make up less than a combined10 percent of the students in the top 30 business schools. That makes it even more critical to recognize the schools that put a premium of drawing Hispanic students and guiding them toward success.

The business schools on this year’s listing of the nation’s leading MBA program for Hispanics do not simply reflect the schools that offer top-notch programs. This year’s listing takes into account those schools that lead in Hispanic student recruitment efforts and offer benefits and services that positively affect the not only Hispanic student population but the future of America’s marketplace.

Ranking was based on academic quality; selectivity; minority student enrollment; international curricula; and the availability of minority scholarships, professional business organizations, and multicultural student associations. Utmost consideration was given to schools with highly rated Executive MBA programs and global business opportunities.

Our selection also placed a premium on membership in such organizations as the National Society of Hispanic MBAs and the Consortium for Graduate Study in Management, which give access to minority scholarships a and foster Hispanic leadership through graduate management education and professional development.

1. Stanford University Graduate School of Business
www.gsb.stanford.edu [’08 Acceptance Rate] 7.5%
[Minority Enrollment] 24%
[U.S. News & World
Report Ranking] #2

Stanford’s business curriculum boasts individualized study, required international experience and extensive global content. Hispanic students take advantage of the “Many Voices” orientation, the Latin American Club and the Hispanic Business Students Association. The school offers the Charles P. Bonini Partnership for Diversity Fellowship, which offers students a pre-MBA internship with a corporate partner and a full-tuition grant for the MBA program. Stanford also participates in the Hispanic Alliance for Career Enhancement career conference and has an extensive Hispanic Alumni network.

2. UT Austin Mccombs School Of Business
www.mccombs.utexas.edu
[’08 Acceptance Rate] 26.7%
[Minority Enrollment] 21.5%
[U.S. News Ranking] #18

The McCombs School hosts the Texas MBA Diversity Weekend and is home to professional organizations including the Hispanic Graduate Business Association. The McCombs Global Connections program allows students to explore opportunities in global markets by participating in study tours throughout Latin America. In addition, the school offers a dual degree program in Latin American Studies and an Executive MBA program in Mexico City, addressing the need for business specialists with an understanding of Latin American politics and cultures.

3. Yale University School Of Management
www.mba.yale.edu
[’08 Acceptance Rate] 14.4%
[Minority Enrollment] 20%
[U.S. News Ranking] #10

Yale displays commitment to recruiting a diverse student body through its Explore Diversity weekend. With an innovative MBA curriculum model, required International Experience, scholarship opportunities for minorities and clubs such as the Hispanic Advisory Council, it’s no wonder the school won the 2007 Destino Community Organization Award. The school shows no plans of slowing down efforts to recruit and support Hispanic MBAs. In fact, this summer Yale plans to launch the Pre-MBA Leadership Program, designed for candidates committed to diversity and inclusion in the workplace.

4. UC Berkeley Haas School of Business
www.haas.berkeley.edu
[’08 Acceptance Rate] 26.7%
[Minority Enrollment] 33%
[U.S. News Ranking] #7

The student body of the Berkeley MBA program represents more than 40 countries. Direct recruitment efforts and financial aid such as Haas Merit Scholarships and Toigo Fellowships attract exceptional minority students. The Latin American and Hispanic Business Association on campus provides students with networking opportunities and the Haas Diversity in Business Conference explores the challenges and rewards of building diversity within organizations.

5. New York University Leonard N. Stern School of Business
www.stern.nyu.edu
[’08 Acceptance Rate] 13.6%
[Minority Enrollment] 30%
[U.S. News Ranking] #11

At NYU, a culture of diversity is not only encouraged it is embraced. New York City provides a dynamic learning environment where business and cultural worlds combine, and Stern’s commitment to recruiting diverse MBA students is unwavering. The Association of Hispanic and Black Business Students (AHBBS) hosts an annual conference to provide MBA professionals with networking opportunities and professional development. Stern’s TRIUM Global Executive MBA, in partnership with the London School of Economics and HEC School of Management, Paris, is ranked third worldwide by Financial Times.

6. University Of California At Los Angeles Anderson School
www.anderson.ucla.edu
[’08 Acceptance Rate] 19.5%
[Minority Enrollment] 19.8%
[U.S. News Ranking] #14

UCLA Anderson’s emphasis on diversity goes hand in hand with the global perspective that permeates the school’s curricula and organizations. Enhancing this diversity is the backdrop of Los Angeles, where the growing economic and social impact of Latinos is increasingly evident. The school offers a Latino Leadership Suite for upwardly mobile managers and Anderson’s Executive MBA Program is ranked 8th by BusinessWeek and ninth by US News & World Report.

7. University of north carolina chapel hill kenan-flagler business school
www.kenan-flagler.unc.edu
[’08 Acceptance Rate] 34.3%
[Minority Enrollment] 15%
[U.S. News Ranking] #20

UNC Kenan-Flagler students benefit from the program’s location in the Research Triangle, a hub of multinational corporations and companies where executives, entrepreneurs, and academics share expertise. The Alliance of Minority Business Students promotes minority academic and career success by working closely with alumni and corporate partners. The Executive MBA program is highly respected, ranked 10th by US News & World Report and BusinessWeek.

8. Duke Fuqua School Of Business
www.fuqua.duke.edu
[’08 Acceptance Rate] 30.4%
[Minority Enrollment] 18%
[U.S. News Ranking] #12

Duke University’s Fuqua School of Business is committed to capitalizing on diversity within the community as a source of professional growth and innovation. Each year, the school hosts the Duke MBA Workshop for Minority Applicants to provide information and support to underrepresented minority applicants. The Black and Latino MBA Organization provides students with invaluable career and professional leadership opportunities.

9. Columbia University Columbia Business School
www.gsb.columbia.edu
[’08 Acceptance Rate] 15.1%
[Minority Enrollment] 26%
[U.S. News Ranking] #9

The diversity of the student body at Columbia Business School compliments the school’s global scope, international faculty and innovative curriculum, including study tours to South America. Student organizations include the Latin American and Hispanic Business Association, which hosts one of the preeminent conferences on business and political trends in Latin America. Columbia also an extensive Hispanic Alumni network.

10. Northwestern University Kellogg School Of Management
www.kellogg.northwestern.edu
[’08 AcceptanceRate] 19.4%
[Minority Enrollment] 24%
[U.S. News Ranking] #3 (tie)

Kellogg understands that diversity is essential in cultivating the next generation of global leaders. Kellogg belongs to the Ten School Diversity Alliance, a partnership between top business schools to increase awareness of and participation in graduate management education by underrepresented populations. The Executive MBA program is ranked No. 1 by US News & World Report and BusinessWeek and consistently receives high marks from The Wall Street Journal and The Economist.