{"id":51244,"date":"2021-03-05T09:46:08","date_gmt":"2021-03-05T16:46:08","guid":{"rendered":"https:\/\/gmatclub.com\/blog\/2021\/03\/the-consortium-for-mba-applicants-should-you-apply\/"},"modified":"2021-03-05T09:46:08","modified_gmt":"2021-03-05T16:46:08","slug":"the-consortium-for-mba-applicants-should-you-apply","status":"publish","type":"post","link":"https:\/\/gmatclub.com\/blog\/the-consortium-for-mba-applicants-should-you-apply\/","title":{"rendered":"The Consortium for MBA Applicants: Should You Apply?"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-37308\" src=\"https:\/\/www.stacyblackman.com\/wp-content\/uploads\/pexels-kindel-media-6775112-734x551.jpg\" alt=\"Consortium MBA\" width=\"734\" height=\"551\" \/><span data-preserver-spaces=\"true\">Now more than ever, there&#8217;s an urgent need for greater diversity in business schools and the business world at large. Recognizing this, many MBA programs have ramped up their efforts to increase enrollment for qualified candidates from underrepresented minority (URM) groups. One group working tirelessly to advance URM representation is <a href=\"https:\/\/cgsm.org\/about-us\/\" target=\"_blank\" rel=\"noopener noreferrer\">The Consortium<\/a>\u00a0for MBA applicants.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Each MBA admissions season, we guide several dozen <a href=\"https:\/\/www.stacyblackman.com\/sbc-scoop-diversity-application-through-the-consortium\/\">clients<\/a> through the MBA application process in parallel with the admissions process for The <\/span><span data-preserver-spaces=\"true\">Consortium<\/span><span data-preserver-spaces=\"true\">.\u00a0 Indeed, multiple <\/span><span data-preserver-spaces=\"true\">members of the SBC team are Consortium experts. <\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For instance, SBC consultant Erin is a former Board member of The Consortium who also served as an Admissions Officer at two top MBA programs. <a href=\"https:\/\/www.stacyblackman.com\/consultant\/jessica-s\/\">SBC consultant Jessica<\/a>, meanwhile, was a Consortium Fellowship recipient herself while at Darden&#8217;s MBA program.<\/span><\/p>\n<h3>What is The Consortium?<\/h3>\n<p><span data-preserver-spaces=\"true\">&#8220;Historically, The Consortium initially focused on African American men but was later expanded to focus on all African Americans, Hispanic and Native Americans,&#8221; Jessica explains.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">&#8220;In more recent years, their mission has expanded to include not just minorities but anyone who can materially advance the mission of The Consortium: to further advance underrepresented minorities in the workplace.&#8221;<\/span><\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-37461\" src=\"https:\/\/www.stacyblackman.com\/wp-content\/uploads\/pexels-rfstudio-3810796-734x524.jpg\" alt=\"\" width=\"734\" height=\"524\" \/><\/p>\n<h3>\u00a0Should I apply to the MBA via The Consortium?<\/h3>\n<p><span data-preserver-spaces=\"true\">We encourage clients to apply to MBA programs in conjunction with The Consortium if they meet either of the following criteria:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">The applicant is targeting MBA programs that are member schools of The Consortium. Not all programs participate in The Consortium.<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">They have shown a commitment through work and\/or community activism to advancing The Consortium&#8217;s mission and supporting URM causes.\u00a0<\/span><\/li>\n<\/ul>\n<p><span data-preserver-spaces=\"true\">&#8220;The Consortium is URM agnostic,&#8221; Jessica explains. &#8220;Consortium wants you to support the mission, but you don&#8217;t have to be a minority. An applicant&#8217;s impact and advocacy experiences should support underrepresented minorities.&#8221;<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">&#8220;It&#8217;s a case-by-case basis whether to apply to The Consortium, either based on URM background or the industry you serve towards URM,&#8221; she adds.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">&#8220;I would not necessarily encourage candidates with non-profit backgrounds to apply with The Consortium just because the industry background is social justice.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">For example, I worked for a non-profit for three years straight from college, but we didn&#8217;t serve the URM population. Also, while The Consortium tries to push its overarching message and guidelines to be consistent for each school and how they evaluate candidates, it will always be slightly subjective based on the MBA program&#8217;s admissions team.&#8221;\u00a0\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><em><span data-preserver-spaces=\"true\">Curious if The Consortium is right for you? Request a free analysis of your candidacy <\/span><\/em><a href=\"https:\/\/www.stacyblackman.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\"><em><span data-preserver-spaces=\"true\">here<\/span><\/em><\/a><em><span data-preserver-spaces=\"true\">. SBC is the only MBA admissions firm with a complete panel of former Admissions Officers, of which several specialize in diversity candidates and The Consortium application.<\/span><\/em><\/p>\n<h3>Bringing In Diverse Prospectives<\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-37462\" src=\"https:\/\/www.stacyblackman.com\/wp-content\/uploads\/pexels-rebrand-cities-1367272-734x489.jpg\" alt=\"\" width=\"734\" height=\"489\" \/><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">According to its website, The Consortium values global exposure in applicants. The organization is &#8220;striving to reduce the significant underrepresentation of African Americans, Hispanic Americans and Native Americans in both our Member Schools&#8217; enrollments and the ranks of <\/span><em><span data-preserver-spaces=\"true\">global\u00a0<\/span><\/em><span data-preserver-spaces=\"true\">management.&#8221;\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Many of our successful Consortium admits have advanced minority causes in the US workplace. Whether The Consortium prefers US versus international impact work experience is a grey area. We tend to see that The Consortium&#8217;s mission is geared towards US-based organizations, although that could change.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The early and traditional Consortium deadlines correspond to the Round 1 and Round 2 MBA deadlines, respectively. Here are the deadlines from last season:<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">\u00a0<\/span><span data-preserver-spaces=\"true\">Application Opens: Aug. 15, 2020<\/span><br \/>\n<span data-preserver-spaces=\"true\">Early Application Deadline: Oct. 15, 2020<\/span><br \/>\n<span data-preserver-spaces=\"true\">Traditional Application Deadline: Jan. 5, 2021<\/span><br \/>\n<span data-preserver-spaces=\"true\">Admission Decision: Varies by school<\/span><br \/>\n<span data-preserver-spaces=\"true\">Fellowship Notification: March 2021<\/span><\/p>\n<h3>\u00a0Is The Consortium the only avenue for minority MBA applicants?<\/h3>\n<p><span data-preserver-spaces=\"true\">Not at all! Many applicants are admitted and receive scholarships even if they didn&#8217;t apply via The Consortium. <\/span><span data-preserver-spaces=\"true\">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. At this time, only three such MBA programs are members of The Consortium.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Within the\u00a0<\/span><a href=\"https:\/\/poetsandquants.com\/2020\/04\/06\/minorities-at-the-top-25-u-s-mba-programs\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">top 10 range<\/span><\/a><span data-preserver-spaces=\"true\"> of MBA programs, Wharton (not a member school) has the highest minority student population at 34.1%. Meanwhile, seven of the top 10 schools are under 30%, and the average is 27.9%.\u00a0\u00a0<\/span><\/p>\n<p>Highly-ranked Consortium <a href=\"https:\/\/cgsm.org\/member-schools\/\" target=\"_blank\" rel=\"noopener noreferrer\">member business schools<\/a> include NYU Stern School of Business, Yale School of Management, UV Darden School of Business, Cornell Johnson Graduate School of Management, Tuck School of Business, and others.<\/p>\n<p><span data-preserver-spaces=\"true\">Nevertheless, all MBA administrators have made their<\/span>\u00a0<a href=\"https:\/\/poetsandquants.com\/2020\/11\/29\/new-wharton-dean-speaks-her-mind\/\" target=\"_blank\" rel=\"noopener noreferrer\">commitment to diversity<\/a>\u00a0<span data-preserver-spaces=\"true\">clear in recent years through increased scholarships and by boosting the percentages of admitted\u00a0<\/span><a href=\"https:\/\/poetsandquants.com\/2020\/04\/06\/minorities-at-the-top-25-u-s-mba-programs\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">minority students<\/span><\/a><span data-preserver-spaces=\"true\">\u00a0in their MBA programs.<\/span><\/p>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-37306\" src=\"https:\/\/www.stacyblackman.com\/wp-content\/uploads\/Stacy-diverse-applicant-734x348.png\" alt=\"\" width=\"734\" height=\"348\" \/> Is The Consortium application easier or consolidated across its member MBA schools?<\/h3>\n<p><span data-preserver-spaces=\"true\">Surprisingly, it&#8217;s <em>more<\/em> work for MBA applicants to apply via The Consortium. But it is worthwhile if the target schools are members and the applicant wants to maximize admit and scholarship potential.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">There&#8217;s no downside to applying through The Consortium, other than the added time it takes to fulfill The Consortium application requirements. This includes essays, academic requirements, and recommendations.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Often, we see some overlap between the MBA application essays and The Consortium essays. Remember, The Consortium essays are <\/span><em><span data-preserver-spaces=\"true\">in addition to<\/span><\/em><span data-preserver-spaces=\"true\">\u00a0the MBA program essay(s).\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">As The Consortium says, &#8220;You will be required to write at least one school-specific essay for each school to which you plan to apply. Schools only see their individual essays. To complete these essays, navigate to each school&#8217;s supplemental page within your core applications.&#8221;<\/span><\/p>\n<h3>Consortium MBA Essays<\/h3>\n<p><span data-preserver-spaces=\"true\">Last season, The Consortium MBA application essays were as follows:<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>Core Essay 1:<\/strong> Please describe your short- and long-term goals post-MBA. How has your professional experience shaped these goals and influenced your decision to pursue an MBA degree?<\/span><\/p>\n<p><span data-preserver-spaces=\"true\"><strong>Core Essay 2<\/strong>\u00a0(Optional Essay): Is there any other information you would like to share with us that is not presented elsewhere in your application?<\/span><\/p>\n<p><strong>Mission Essay:<\/strong><em><span data-preserver-spaces=\"true\">\u00a0<\/span><\/em><span data-preserver-spaces=\"true\">Please address the three questions noted below. Please use specific examples pertaining to our target populations and clearly articulate your involvement, actions and results.<\/span><\/p>\n<ol>\n<li><span data-preserver-spaces=\"true\">What will you do while enrolled in your MBA program to demonstrate your commitment to the\u00a0<\/span><a href=\"https:\/\/cgsm.org\/students\/prospective-students\/application-instructions\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">mission<\/span><\/a><span data-preserver-spaces=\"true\">? (1,000 characters)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">What will you do post-MBA with respect to community service and leadership involvement to demonstrate your continued commitment to The Consortium&#8217;s missions of diversity and inclusion? (1,000 characters)<\/span><\/li>\n<li><span data-preserver-spaces=\"true\">What have you done pre-MBA in your business, personal or academic life to demonstrate commitment to this mission? (2,000 characters)<\/span><\/li>\n<\/ol>\n<h4><span data-preserver-spaces=\"true\">\u00a0<\/span><strong><span data-preserver-spaces=\"true\">The Fineprint: The Consortium Application<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Candidates can choose up to 6 schools to apply to through The Consortium. Applicants enjoy a financial benefit as there is only one application fee versus paying separate payments for each school. <\/span><span data-preserver-spaces=\"true\">Candidates need to rank schools in order of importance for Fellowship determination. This ranking does not affect admissions decisions.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Applications are reviewed both by The Consortium (for admission into The Consortium) and each school. You may hear the results either from the school, The Consortium, or both.\u00a0<\/span><\/p>\n<h4><strong><span data-preserver-spaces=\"true\">The Upside to being a Consortium Admit<\/span><\/strong><\/h4>\n<p><span data-preserver-spaces=\"true\">Once admitted to The Consortium and the schools, candidates enjoy several significant benefits, including:<\/span><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\">Scholarship money \u2013 full-tuition fellowships are typically offered to <\/span><a href=\"https:\/\/cgsm.org\/students\/prospective-students\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span data-preserver-spaces=\"true\">70% of those admitted<\/span><\/a><\/li>\n<li><span data-preserver-spaces=\"true\">Orientation Program (&#8220;The OP&#8221;) \u2013 a job fair of sorts held before school starts. Many students leave this conference with early internship opportunities, which often lead to jobs after graduation.<\/span><\/li>\n<\/ul>\n<p><em>For guidance on whether The Consortium is the right path for you, request a free analysis of your candidacy <a href=\"https:\/\/www.stacyblackman.com\/contact\/\" target=\"_blank\" rel=\"noopener noreferrer\">here<\/a>. SBC is the only MBA admissions firm with a complete panel of former Admissions Officers, of which several specialize in diversity candidates and The Consortium application.<\/em><\/p>\n<p><a href=\"https:\/\/www.addtoany.com\/add_to\/facebook?linkurl=https%3A%2F%2Fwww.stacyblackman.com%2Fconsortium-mba-applicants%2F&amp;linkname=The%20Consortium%20for%20MBA%20Applicants%3A%20Should%20You%20Apply%3F\" title=\"Facebook\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/a><a href=\"https:\/\/www.addtoany.com\/add_to\/twitter?linkurl=https%3A%2F%2Fwww.stacyblackman.com%2Fconsortium-mba-applicants%2F&amp;linkname=The%20Consortium%20for%20MBA%20Applicants%3A%20Should%20You%20Apply%3F\" title=\"Twitter\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/a><a href=\"https:\/\/www.addtoany.com\/add_to\/linkedin?linkurl=https%3A%2F%2Fwww.stacyblackman.com%2Fconsortium-mba-applicants%2F&amp;linkname=The%20Consortium%20for%20MBA%20Applicants%3A%20Should%20You%20Apply%3F\" title=\"LinkedIn\" rel=\"nofollow noopener noreferrer\" target=\"_blank\"><\/a><a href=\"https:\/\/www.addtoany.com\/share#url=https%3A%2F%2Fwww.stacyblackman.com%2Fconsortium-mba-applicants%2F&amp;title=The%20Consortium%20for%20MBA%20Applicants%3A%20Should%20You%20Apply%3F\"><\/a><\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.stacyblackman.com\/consortium-mba-applicants\/\">The Consortium for MBA Applicants: Should You Apply?<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.stacyblackman.com\">Stacy Blackman Consulting - MBA Admissions Consulting<\/a>.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/feeds.feedburner.com\/~r\/StacyBlackman\/~4\/Uzm92tqGTMU\" height=\"1\" width=\"1\" alt=\"\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now more than ever, there&#8217;s an urgent need for greater diversity in business schools and the business world at large. Recognizing this, many MBA programs have ramped up their efforts&#8230;<\/p>\n","protected":false},"author":122,"featured_media":0,"comment_status":"open","ping_status":"1","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11,749,775,243],"tags":[],"class_list":["post-51244","post","type-post","status-publish","format-standard","hentry","category-mba","category-stacy-blackman","category-admission-consultants","category-blog","entry"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.10 - aioseo.com -->\n\t<meta name=\"description\" content=\"Now more than ever, there\u2019s an urgent need for greater diversity in business schools and the business world at large. Recognizing this, many MBA programs have ramped up their efforts to increase enrollment for qualified candidates from underrepresented minority (URM) groups. One group working tirelessly to advance URM representation is The Consortium for MBA applicants. 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