Fifty-four Latino and African-American university sophomores and juniors gathered last summer at the University of California (UC) at Davis School of Management to become future leaders for MBA programs nationwide. They participated in University of California's Summer Institute for Emerging Managers and Leaders (SIEML), a program designed to help increase the number of minority students considering MBA programs. The UC Davis Graduate School of Management was home to the third year of this program, which was established by six University of California schools in 2012 to attract more minorities to master's programs in business.
University of California schools have made this effort in response to the low number of minority students currently applying to, let alone attending, MBA programs nationwide. Based on the number of these students taking the GMAT, the exam required for entrance into MBA programs, Hispanics currently make up 6.2 percent of potential MBA applicants, and at UC Davis alone, only one to two students out of 40 to 50 students in its full-time program are underrepresented students. (According to GMAC research, as of 2011 there were 101,436 GMAT test takers that were U.S. citizens. Of this number, 15,456 were under-represented minorities. Of all GMAT test takers, only 6.2 percent are Hispanic, and 8.6 percent are African-American).
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