GMAC Promotes the MBA Among Black Students

Late last week the Graduate Management Admission Council (GMAC) announced a new partnership with the nation’s Historically Black College and University (HBCU) business schools to attract more African Americans to MBA programs nationwide. The partnership will include more recruiting efforts by schools, more marketing of the value of an MBA to black students, and fee or significantly discounted GMAT preparation services for those students.

According to GMAC, the number of African American test takers has doubled in the past decade, with a 26 percent increase in just the past four years. But the organization hopes to see that number improve even more.

As part of this partnership, GMAC will offer GMAT fee waivers for each of the HBCU business schools to use at its discretion to make sure that no student is denied access to the exam for financial reasons. GMAC will also provide each school packages of test preparation materials, including copies of the new 12th edition Official GMAT Guide and GMAC’s own GMAT Prep software on CD.

Building on this effort, Wilson also announced a cross-country tour of the GMAT Mobile Testing Center to HBCUs and Hispanic-Serving Institutions from October 2009 to May 2010. The 32-school bus tour will reach all U.S. based four-year HBCU and HSI members that are at least 40 miles from the nearest GMAT test center, thus further enhancing student accessibility to the exam.

If you are just starting to prepare for the GMAT, try a free practice GMAT exam from Veritas Prep.

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