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What does the Consortium do?
What does The Consortium do? The Consortium is a nonprofit alliance of top-tier business schools and corporate partners dedicated to increasing the number of underrepresented minorities in business education and corporate leadership.
What is a Consortium organization?
A consortium is a group made up of two or more individuals, companies, or governments that work together to achieving a common objective. Entities that participate in a consortium pool resources but are otherwise only responsible for the obligations that are set out in the consortium’s agreement.
What is the Consortium MBA?
Organization and operation. The Consortium is a nonprofit educational organization dedicated to increasing African American, Hispanic American and Native American representation among the ranks of leading MBA programs and corporations throughout the United States.
What is Consortium program?
The Consortium application allows prospective students to apply to up to six MBA programs through its common application, paying a deeply discounted application fee when compared to applying separately.
What opportunities does the consortium provide?
A consortium pools redundant resources such as cultural centers, libraries, bookstores, and laboratory facilities. This produces dual benefits; each college becomes more attractive to prospective students, and more funds become available to each school to improve academic quality — its fundamental purpose.
Does a consortium have legal personality?
In case of a consortium, no new legal entity is created. It is just a contractual agreement for two (or more) existing entities to work together on that project.
What is an example of consortium?
The definition of a consortium is an association or alliance, or a legal right of one spouse to have companionship and support with the other. An example of consortium is several banks banding together. An example of consortium is the right of a wife to spend time with her husband. An association or society.
What is another word for consortium?
What is another word for consortium?
| association | league |
|---|---|
| institution | fellowship |
| group | order |
| brotherhood | confederation |
| syndicate | institute |
How do college consortiums work?
A consortium is a coalition of two or more schools with the intent of sharing resources, improving finances and educating students. Usually, consortiums are between schools in the same general geographic location, but some result from the melding of virtual campuses.
How hard is it to get into consortium?
Applying through The Consortium is optional for any member schools, and the list of Consortium member schools excludes many of the top 10 MBA programs. Meanwhile, seven of the top 10 schools are under 30\%, and the average is 27.9\%.
What is consortium agreement?
A consortium agreement is an agreement between two colleges/universities to recognize your registration at each location for financial aid purposes. It also certifies only one of the two institutions can administer your Title IV and state financial aid.
Is consortium the same as joint venture?
Joint ventures join two or more different entities into a new one, which may or may not be a partnership. The term “consortium” may be used to describe a joint venture. However, a consortium is a more informal agreement between a bunch of different businesses, rather than creating a new one.