THREAD: MBA programs have a diversity problem and we’re tracking it ⬇️ trib.al/qZkag9E
The historic national reckoning on race that was triggered by the killing of George Floyd has touched off a reexamination of corporate America from top to bottom.
So we created a Diversity Index to our @BW Best of B-Schools list. Here are the top-ranked trib.al/pXUajXL
Some takeaways:
- Fewer than two dozen schools had enough Black and Hispanic students to equal their respective shares of the population
- For example, Hispanic students made up 9.4%, about half their share of the U.S. population trib.al/W7nPjH9
More:
- Companies that lack Black directors have been the target of investors and activists, prompting a surge in board appointments trib.al/W7nPjH9
Here's how historically Black university Howard is fostering relationships between students and corporate America:
- Some business schools, like American University's Kogod, have worked to increase diversity.
The proportion of Black faculty at Kogod has more than doubled since 2014, and since 2015 the share of Black MBA students has increased 47% trib.al/W7nPjH9
And what about gender parity?
- Women had parity at only 5 of the 84 schools
- Notably, the percentage of women willing to consider an online degree vs. an in-person program rose from 15% in 2020 to 24% in 2021 trib.al/QqPzZ6p
“For many female candidates, Covid was a much harsher blow in terms of balancing personal and professional life."
Rahul Choudaha, director of industry insights and research communications at GMAC, told @BWtrib.al/QqPzZ6p
BREAKING: China’s central bank says all cryptocurrency-related transactions are illegal trib.al/TkRBSWy
China sends the strongest signal yet on its determination to crack down on the crypto industry, saying all cryptocurrency-related transactions are illegal and must be banned bloom.bg/39DVaTa
All crypto currencies, including bitcoin and tether, are not fiat currency and cannot be circulated on the market, the People’s Bank of China says on its website. bloom.bg/39DVaTa
BREAKING: Indonesia becomes the second Asian nation to record over 100,000 Covid deaths trib.al/KWDTR7G
Indonesia joins 11 other countries — including Brazil and India — that have lost more than 100,000 lives in the pandemic that began last year, showing how the world’s epicenter for the virus is shifting beyond Europe and America to Southeast Asia trib.al/KWDTR7G
The Covid death toll has risen frighteningly fast for Indonesia.
More than a third of fatalities was recorded in July alone, when the highly transmissible delta variant took hold, overwhelming hospitals and depleting the supply of oxygen. More: trib.al/KWDTR7G
-A shot putter from Georgia tests positive for steroids and has been pulled from his event
-Cuba wins a surprise gold medal in the men’s canoe double 1,000 meters, ahead of China and Germany
-Indonesia's Greysia Polii and Apriyani Rahayu upset China to win women's doubles badminton gold
-Quiquampoix wins gold in rapid-fire pistol
-U.S. women's volleyball loses second player to injury
German cyclists shatter the world record in qualifying at the #TokyoOlympics, stopping the clock in 4:07.307 on the first day of the track cycling program
Follow the latest action from the #Olympics2021 trib.al/zNiv7EP (Photo by Odd Andersen/AFP via Getty Images)
JUST IN: Singapore is returning to lockdown mode for one month as virus cases rise, limiting groups to two people and making a planned travel bubble with Hong Kong unlikely trib.al/vX6uuKD
Singapore is returning to lockdown mode for one month as virus cases rise.
For four weeks, gathering sizes will be cut to a maximum of two people, working from home will be the default, and only takeaways and deliveries will be allowed for food places trib.al/5qRJQL7
BREAKING: Singapore's benchmark stock index slides as much as 2.6% after virus curbs are tightened trib.al/y5bR9Dz
JUST IN: Microsoft is in talks to acquire Discord, a video-game chat community, for more than $10 billion, according to people familiar with the matter trib.al/qcDGtz7
Discord is known for its free service that lets gamers communicate by video, voice and text, and people stuck at home during the pandemic have increasingly used its technology for study groups, dance classes, book clubs and other virtual gatherings. More: trib.al/UslIWUh
Microsoft, which last year sought to buy social-media app TikTok and held talks to acquire Pinterest, has been shopping for assets that would provide access to thriving communities of users, sources say. More: trib.al/UslIWUh