In the 2021-2022 academic year, The Consortium is thrilled to welcome the largest class in the organization’s history, with 632 students. Of the 1,338 applicants, 954 were admitted and 541 fellowships were offered. The result is a class that includes individuals of all backgrounds, disciplines, races and ethnicities, levels of work experience and more.
To celebrate and welcome the class of 2023, we wanted to share some insights into who its members are.*
With an average age of 28, the class of 2023 is 53 percent male and 47 percent female. The average GPA is 3.6, while the average GMAT score is 646. Undergraduate majors included business (27 percent), liberal arts (25 percent), other (14 percent), economics (11 percent), science (11 percent), engineering (8 percent) and accounting (4 percent).
With an average of 68.9 months of full-time work experience, The Consortium’s class of 2023 is concentrating in five main areas: finance (29 percent), marketing (22 percent), strategy (19 percent), general management (15 percent) and consulting (15 percent).
Seventy percent of the class of 2023 is African American, Hispanic American or Native American — The Consortium’s target population. The students are linguistically diverse as well, with 15-plus languages represented among these first-year MBAs; the top five second languages spoken are Spanish (70 percent), French (12 percent), Cantonese (6 percent), Korean (6 percent) and Mandarin (6 percent).
And, last but not least, students hail from 43 different states, with the majority coming from these three: California (252), New York (185) and Texas (130).
*This represents 5% of the class of 2023.