MONTVALE, N.J., Jan. 21 /PRNewswire/ -- A survey of business school deans
at more than 100 U.S. colleges and universities reveals that hiring minority
professors is the key to attracting minority students. Asked to report on
their experience since hiring minority professors, 79.8% of business schools
deans say hiring minority professors has helped them attract more minority
"Colleges and universities have tried many methods of increasing student
diversity -- but this survey demonstrates that having a diverse faculty is a
sure way of attaining that goal," says Bernard J. Milano, President of the
KPMG Foundation, administrator of The PhD Project.
The PhD Project, a multi-million dollar corporate and academic-led effort
to increase minority representation among business professors, conducted the
survey. Since The PhD Project was founded in 1994, the number of minority
professors at U.S. business schools has more than doubled, from 294 to 623.
The PhD Project surveyed business school deans who have recently hired
minority professors, to see how these new professors are impacting education
in the classroom.
Other results from the survey include:
* 91.4% report that minority professors positively impact the education
of minority students
* 87.5% say that minority professors are having a positive impact on
career mentoring for minority students
* 73.3% reported that minority professors are positively impacting the
attitudes of non-minority faculty toward minority students and
* 69.9% say that students, regardless of race, who have taken a class
from a minority professor, will be better prepared for a business
Even though the number of minority professors is projected to rise to 900
by 2006, this still would not provide a minority professor for each of the
1200 U.S. business schools. Currently, less than 3% of business school
professors are African-American, Hispanic-American or Native American. "There
is much more to do to create a diverse faculty, which will in turn provide a
more complete educational experience for all students," says Milano.
Some of America's top corporate powers and academic organizations support
The PhD Project: the KPMG Foundation, Graduate Management Admission Council,
Participating Universities, Citigroup Foundation, Ford Motor Company,
DaimlerChrysler Corporation Fund, AACSB International, James S. Kemper
Foundation, AICPA, Fannie Mae Foundation, Abbott Laboratories, Merrill Lynch &
Co. Foundation, Inc., Vivendi Universal, Robert K. Elliott, JP Morgan Chase,
Pfizer, Inc., State Street Corporation, Alcoa Foundation, GE Fund, AT&T
Foundation, Eastman Kodak Company, and Sara Lee Branded Apparel.
SOURCE The PhD Project