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Graduates of HBCUs — historically Black colleges and universities — like Howard University in Washington, D.C. do not go on to MBA programs in great numbers, according to data from the Consortium for Graduate Study in Management. Howard photo

The Top HBCU MBA Programs

Historically black colleges and universities (HCBUs) are home to some of the best MBA programs in the nation. AnanUniversity, a college rankings site, recently highlighted the top six HBCU MBA programs based on US News’ 2023 Best Business Schools Rankings.

METHODOLOGY

The US News ranking was compiled using three factors: quality assessment (40%), placement success (35%), and student selectivity (25%).

Quality assessment considers both a peer assessment score, which surveys B-school deans and directors, and recruiter assessment score, which surveys corporate recruiters and company contacts.

Placement success includes employment rates post-graduation, as well as mean starting salary and bonus for MBA grads.

Student selectivity takes into consideration three admissions indicators: mean GMAT/GRE scores, mean undergraduate GPA, and acceptance rate.

U.S. News ranked 134 business schools that provided enough data on their full-time MBA programs and had large enough 2021 graduating classes seeking employment.

HOWARD UNIVERSITY TOPS HCBUs

Howard University’s MBA program came in at number one on AnanUniversity’s HCBU list, with North Carolina A&T State University and Clark Atlanta University coming in second and third, respectively.

“If you’re looking for an HBCU with MBA program, look no further than Howard University,” Mikel James, of AnanUniversity, says. “[The] Howard MBA program focuses on real-world experience and prepares its students to become tomorrow’s business leaders. In addition, the school’s close ties to the business community give students access to internships and job opportunities that they might not find at other schools.”

AnanUniversity highlights North Carolina A&T State University’s strong reputation, as well as accessible cost and flexible options for students.

“The program is very affordable, and students can complete their studies in two years,” James says. “Plus, the school offers a variety of concentration options, so students can tailor their education to their specific interests. Along with their high rankings, they also offer hands-on learning opportunities to help students prepare for jobs in management, marketing, and research fields after graduation.”

Clark Atlanta University, which came in third on the list, was noted for its extensive two-year MBA program, with a tight-knit class of about 160 students, and 11:1 student-to-faculty ratio.

“The small class size, easy access to professors, and a culture of support and cooperation among the students all contribute to the formation of a highly individualized learning environment that encourages engagement and participation,” James says. “The curriculum includes courses in accounting, finance, marketing, management, and strategy. Students can choose to specialize in one or more areas of business.”

Sources: AnanUniversity, US News

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