Dr. Triple Is Crowned! Number of Minority Business Professors in U.S. Has Tripled, The PhD Project Reports

Feb 26, 2008, 00:00 ET from The PhD Project

    MONTVALE, N.J., Feb. 26 /PRNewswire-USNewswire/ -- The number of
 doctorally-qualified minority professors at U.S. business schools has
 tripled since 1994, due largely to the efforts of The PhD Project, an
 award-winning program aimed at increasing diversity in America's business
 management ranks.
     Dr. Belinda Shipps became the 882nd minority business school professor
 when she recently defended her dissertation titled, "Information Technology
 Staffing Strategies: On the Road to Agility." Dr. Shipps received her Ph.D.
 in Information Systems from University of Wisconsin-Milwaukee. Belinda
 joined the faculty at North Carolina A&T State University. She was crowned
 "Dr. Triple" by The PhD Project.
     "I am very thankful to all of the people associated with The PhD
 Project for their support in helping me to complete my degree. I am very
 excited and proud to be Dr. Triple because tripling the number of minority
 Ph.D.'s exemplifies the success of the program," said Dr. Shipps.
     When The PhD Project was created in 1994, there were only 294
 doctorally qualified African-American, Hispanic American or Native American
 minority business professors in all U.S. business schools out of a
 population of over 26,000 business school professors. There are now 882.
 And minority enrollment in doctoral business programs continues to climb,
 with over 400 doctoral students from The PhD Project currently pursuing
 Ph.D degrees in universities across the nation..
     "We are delighted that our own Dr. Belinda Shipps, who joined the
 faculty of the School of Business and Economics at North Carolina A&T State
 University in January 2008, has been awarded the distinguished title of
 'Dr. Triple,'" said Quiester Craig, Dean of the business school at North
 Carolina A&T State University. "Indeed, the importance of The PhD Project
 is underscored for its commitment to building strong business schools and
 improving workforce diversity through the development of quality minority
 business school faculty."
     The PhD Project was created to address the severe under-representation
 of African-Americans, Hispanic-Americans and Native Americans in management
 positions.. By diversifying the faculty, The PhD Project will: 1) encourage
 more minorities to pursue business degrees, and 2) better prepare all
 business students for today's multicultural work environment.
     "We are proud of Dr. Shipps' personal accomplishment in completing the
 challenging journey to becoming a professor," said Bernard J. Milano,
 President of the KPMG Foundation, the creator and lead sponsor of the
 program. "Moreover, her achievement symbolizes the collective success of
 nearly six hundred new minority professors, whom we have recruited,
 encouraged and supported over the past 13 years. With this milestone and
 the generous support of our sponsors, together we are changing the face of
 business education forever."
     The PhD Project uses a three-pronged approach to increasing the
 population of minority business professors. The first component of The PhD
 Project is a marketing campaign to identify a population of the best and
 brightest potential Ph.D. candidates of color - via an extensive direct
 mail, print advertising and public relations campaign.
     The second component is its annual conference. Qualified candidates are
 invited to this two-day annual conference where they hear from deans,
 professors and current minority doctoral students about the benefits of
 pursuing a business Ph.D.
     The third component of the program is the Minority Doctoral Student
 Associations, formed by The PhD Project as a means of combating the high
 (25 percent) attrition rate inherent among all business doctoral students.
 Through these professional peer associations (in accounting, finance,
 information systems, management and marketing) minority doctoral students
 establish peer support relationships with others who are facing similar
 challenges on the way to becoming business school professors. The retention
 rate of doctoral students who are members of these associations exceeds 90
     Some of America's top companies and academic organizations support The
 PhD Project. They are: KPMG Foundation, Graduate Management Admission
 Council, 206 Participating Universities, Citi Foundation, AACSB
 International, AICPA, Robert K. Elliott, JPMorgan Chase Foundation,
 Hewlett-Packard Company, Goldman, Sachs & Co., The Merck Company
 Foundation, DiversityInc, ACT-1 Group, Wal-Mart Stores, Inc., Microsoft
 Corporation and The Schwan Food Company..
     For more information visit: http://www.phdproject.org.

SOURCE The PhD Project