Tag: Consortium



Diversity of thought, diversity of people should be the fabric of the institution. If we think about what we want in the end, we have to start with the end in mind. If we want to represent ourselves as diverse and inclusive, we need to think about our brand. What does the Olin brand currently say? Despite what we say or believe, does it truly say diversity and inclusion?

Therefore, if we think about the end in mind, we must start today with increasing our number of diverse and underrepresented minority candidates. Simply increasing numbers doesn’t necessarily mean diversity, but when you increase the number of people with diverse talents and backgrounds with the focus on inclusion, that will bring about a change.

I believe we are setting the course for this path by admitting the largest class of Consortium* students in 50 years, pictured above.

A strong applicant pool and Olin’s commitment to diversity and inclusion have paved the way for admitting 18 talented students who bring with them a variety of backgrounds, thoughts, and ideas.

Olin has demonstrated a continued commitment to diversity and inclusion by increasing the number of diverse candidates. While this is a milestone, it is not the end of our journey towards a diverse and inclusive community.

This blog post was contributed by Jacqueline Slack Carter, Graduate Programs Registrar & Student Affairs Advisor.

*The Consortium for Graduate Studies in Management (CGSM) was founded in 1966 by Olin Prof. Sterling. Today, the CGSM is the premier national organization involved in promoting and helping gain access to graduate business education for historically underrepresented minorities. Through business school and corporate partnerships, the Consortium provides scholarships, mentoring, networking, internships, and career placement advice to each class of MBA fellows. 18 world class universities admit nearly 500 CGSM students annually to MBA programs. Since its founding, CGSM schools have graduated more than 8,000 leaders to the benefit of businesses and communities around the world.




Lifelong commitment to diversity and inclusion work; stewardship of The Consortium for Graduate Study in Management (CGSM)*; and intense focus and commitment to the cause of The Consortium at the university and corporate level—these traits mark the recipients of the organization’s 2016 service awards, granted at the 50th annual Orientation Program & Career Forum June 7 in St. Louis.

The Consortium awarded the Sterling H. Schoen Achievement Award to Dr. Mahendra Gupta, dean of the Olin Business School at Washington University in St. Louis, who is stepping down from the post at the end of June to return to teaching.

In announcing the honor on June 7, Phil Miller, assistant dean for research programs at the Wisconsin School of Business of the University of Wisconsin, noted that “his students must love him in the classroom; they have awarded him the business school’s highest honor eight times since 2001. He has long been a friend of The Consortium as a faculty member and as dean and we are sorry to see him stepping down from that role.”

The Schoen award is named in honor of The Consortium’s founder and granted “to individuals in recognition of their courageous leadership and commitment in advancing the goal of equal opportunity for underrepresented minorities in American business.”

Aranda, Brown and Gupta receiving their awards at the Schoen Dinner on June 7, 2016.

Aranda, Brown and Gupta receiving their awards at the Schoen Dinner on June 7, 2016.

The Consortium awarded its Peter C. Thorp Leadership Award to Natalie Brown, senior vice president, enterprise campus diversity manager at Bank of America. She has been a steadfast supporter from her position at Bank of America and in her introduction, it was noted that she “actively promotes the company’s commitment to diversity, serving as a member of employee resource groups such as Charlotte LEAD for Women, Black Professionals Group and the Hispanic/Latino Organization for Leadership and Advancement.”

The Thorp award is named for the longest-serving member of The Consortium’s corporate advisory board and is awarded to individuals who, among other things, “shows evidence of generous financial support of MBA fellowships and evidence of leadership as a corporate champion of ethnic diversity.”

Finally, The Consortium awarded the Wallace L. Jones Lifetime Achievement Award to its executive director & CEO, Peter J. Aranda III, who has been associated with The Consortium for 31 years, since he was granted a fellowship to attend Washington University in St. Louis. He served as a volunteer alumnus frequently after receiving his MBA in 1987 and returned as its leader in 2003.

“I was fortunate to have served on the search committee that named him to his present position 13 years ago,” Miller said in his introduction. “When you read the criteria for this award, we quite honestly could not have chosen a more perfectly qualified recipient.”

The Jones award is given “to recognize an alumnus who has excelled or demonstrated commitment in: professional achievement; community involvement; mentoring; advancement of The Consortium’s mission; giving back of time, effort, and/or capital; and encouraging and inspiring future leaders.”

Guest Blogger: Kurt Greenbaum, CGSM Communications Director

*The Consortium for Graduate Studies in Management (CGSM) was founded in 1966 by Olin Prof. Sterling Schoen. Today, the CGSM is the premier national organization involved in promoting and helping gain access to graduate business education for historically underrepresented minorities. Through business school and corporate partnerships, the Consortium provides scholarships, mentoring, networking, internships, and career placement advice to each class of MBA fellows. 18 world class universities admit 400 CGSM students annually to MBA programs. Since its founding, CGSM schools have graduated more than 8,000 leaders to the benefit of businesses and communities around the world.




The Consortium for Graduate Studies in Management (CGSM) is holding its 48th annual Orientation Program for new incoming MBA students in Austin, Texas this week.  Founded in 1966 by Prof. Sterling Schoen of Washington University, the CGSM has now grown to become the premier national organization involved in promoting and helping gain access to graduate business education for historically underrepresented minorities.

Today, the organization is comprised of 18 world class universities that enroll in their MBA programs nearly 500 new CGSM students per year.  Since its founding CGSM school shave graduated more than 7,000 leaders to the benefit of businesses and communities around the country.

Image: New students, current students, alumni and staff gather in Austin for the 48th annual CGSM Orientation Program.




Our very own Associate Dean, Joe Fox, received the Sterling H. Schoen Achievement Award at The Consortium for Graduate Study in Management’s Orientation Program on June 9 in New Orleans.

Joe Fox at the Consortium award ceremony.

The Sterling H. Schoen Achievement Award was established in honor of The Consortium’s founder, Dr. Sterling H. Schoen, an agent for change in graduate management education in partnership with American businesses. Former Olin Dean, Bob Virgil, was the first recipient of the Schoen Award.

Professor Schoen was an esteemed faculty member at Washington University, as well.  The award is presented annually to individuals in recognition of their courageous leadership and commitment in advancing the goal of equal opportunity for underrepresented minorities in American business. Congratulations, Joe!

Peter Aranda, The Consortium’s executive director and CEO,  was a Consortium fellow at Olin when he earned his MBA in 1987. Read Peter’s profile in the 2012 OlinBusiness Magazine, p. 15.

To learn more about the history and mission of The Consortium, please visit their website.

Photo Credit: Brian Treffeisen Photography