Key Decisions
There are three key decisions that are made during The Consortium process:
1. Admission
Admission decisions are based on academic ability (GMAT, academic transcripts), professional potential (career essay, résumé, recommendations, and interview), and personal characteristics (all application components). Admission decisions are made solely by the admissions committees at the member schools. Admission decisions are communicated to applicants by the schools. All admission decisions are final.
2. Membership
All admitted candidates will be considered for membership in The Consortium. Members gain many benefits, including access to over 70 corporate partners, a mandatory Orientation Program (OP) prior to beginning their MBAs, and access to over 5,500 Consortium alumni across member schools.
It is important to note that being admitted to a member school does not automatically guarantee membership in The Consortium. Membership will be granted to those admitted applicants who demonstrate a commitment to The Consortium’s mission of helping reduce the serious underrepresentation of African Americans, Hispanic Americans and Native Americans in both our member schools’ enrollments and the ranks of management. If you are admitted and granted membership to one of our member school programs, you must enroll to enjoy the benefits of Consortium membership. Membership is not transferrable to non-Consortium schools.
Your admission to a particular school is not affected by the membership decision. Membership decisions are communicated by The Consortium. All membership decisions are final.
Individual schools may offer admitted applicants school-specific merit-based scholarships regardless of membership and fellowship decisions.
3. Fellowship (and School Rankings)
All Consortium members will be considered for the two-year fellowship covering tuition and required fees. Applicants who are admitted but not granted membership to The Consortium will not be considered for The Consortium Fellowship.
Your school ranking determines the order in which schools may consider you for The Fellowship. You are first considered for The Fellowship by your highest ranked school to which you were admitted. If that school does not choose to award you The Fellowship, the option passes to your next highest ranked school to which you were admitted and so on. While many Consortium schools may admit you, only one Consortium school may offer you The Fellowship. After your application is submitted to The Consortium, you cannot change your school ranking.
Fellowships are determined through a holistic review of the overall merit of the applicant. Fellowship decisions are made solely by the admissions and scholarship committees at each of the member schools. Fellowship decisions are communicated by The Consortium the third week in March; and additional details regarding your fellowship will follow from the school. All fellowship decisions are final. You will be required to accept or decline your fellowship offer by April 15.
Important notes regarding The Fellowship:
* You can only be awarded The Consortium Fellowship by one school.
* Your school ranking determines the order in which admitting schools have the option to award you The Consortium Fellowship.
* The Consortium provides funding for full-time MBA study at member schools only.
* Although some schools offer deferred admission, The Fellowship may not be deferred. If you defer your admission, you must reapply for The Fellowship.
* Consortium Fellowships are awarded for a course of study beginning in the fall only.