Success By The Numbers
The PhD Project was founded in 1994 with the goal of diversifying the corporate boardroom by diversifying the role models in front of the classroom. Having more than quintupled the number of minority business professors in the U.S., we have made tremendous strides toward that goal.
The past two decades have been an evolution and a journey for The PhD Project and those that have benefitted from our efforts:
- The number of minorities earning business PhDs in the U.S. has quintupled, from 294 in 1994 to over 1,500 today.
- Over 300 minority doctoral students are currently receiving our help to pursue their dreams.
- More than 1,200 minority business professors have earned their doctoral degrees with our support.
- An immeasurable number of students have benefited from the knowledge, mentoring and guidance of these professors.
The PhD Project member network has proven invaluable in supporting minority groups which have been underrepresented in doctoral programs. In fact, according to data from AACSB International, the successful completion and retention rates of our members eclipse the U.S. average by a significant margin:
- PhD Project minority doctoral program completion rate: 90%
- US average for overall doctoral program completion rate: 70%
- Retention rate of PhD Project professors/faculty members: 97%
- US average for overall higher education professors/faculty retention: 60%
Hall of Fame
Each year our Hall of Fame will honor a select few who have greatly inspired many. We’ll recognize those who have sustained an unwavering commitment to our mission. And we’ll bring tribute to the leaders among us who have achieved significant encouragement and impact within our network of minority business doctoral students and faculty.
The PhD Project Hall of Fame nominations will be accepted each year from December 1 to May 31st.
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