In response to this situation, major universities are now prepared to make the effort to attract, nurture and support minority faculty members. Now in its second year, the PhD Project is supported by leading business and academic organizations such as KPMG Peat Marwick Foundation, GMAC, Texaco, Citibank, Ford Motor Company, Harvard University, Stanford University and the University of Chicago. To date, the project has been a tremendous success. Research conclusively shows that the severe scarcity of minority business school professors deters minorities from entering business programs. The project recruits doctoral candidates through advertising in business and academic publications and pays their expenses so that they may attend the annual conference, where they meet university recruiters.
Many project sponsors offer financial assistance to doctoral students.
As a result of the outreach programs, organizers of the project anticipate more than 1,000 applicants to the 1996 PhD Project conference in November. WITL Online, 2000. All rights reserved.