Business Schools Score Even Worse on Diversity Than Corporate Boards

Why are so few B-School deans and professors Black or Hispanic?
Photograph: Getty Images
Lock
This article is for subscribers only.

The corner offices at business schools are whiter than the boards of the country’s most prominent companies, new research shows. Black Americans and Hispanics are less likely to work at business schools than as board members of the 200 biggest corporations in the Standard & Poor's index of 500 stocks, according to a study of 1,600 U.S. graduate business programs released on Tuesday by the PhD Project, a nonprofit dedicated to increasing the number of minorities at B-Schools.

There were 33 black deans and 9 Hispanic deans at the 1,600 programs as of April 2015, meaning that those minorities accounted for just 2.5 percent of the top slots at business schools. Just 4 percent of faculty were black, Hispanic, or American Indian, the report said. At the top 200 S&P 500 companies, 8.5 percent of directors were black and another 4.5 percent were Hispanic, according to an industry report last year.