GMAT prep course scholarship program extended

Monday, August 27, 2007

The UNC Charlotte M.B.A. program is again partnering with the National Black M.B.A. Association and The Princeton Review to offer scholarships for Graduate Management Aptitude Test (GMAT) preparation courses.

The goal of the scholarship program, which began last fall, is to assist high-potential candidates whose backgrounds are traditionally underrepresented in M.B.A. programs.

“For most competitive business schools, a prospective student’s performance on the GMAT is one of the key factors in the admissions decision,” said Jeremiah Nelson, interim director of the UNC Charlotte M.B.A. program. “We hope this new partnership will enable scholarship recipients to increase their ability to attain a high GMAT score.”

The scholarships, valued as high as $1250, will cover GMAT preparation courses offered at The Princeton Review’s centers in uptown and the Arboretum area in south Charlotte. Course schedules are available at

According to AACSB International, the organization that accredits business schools, only about 5.3 percent of U.S. M.B.A. students are African-American. Hispanic Americans represent about 5.2 percent of the M.B.A. student population, while less than one percent is Native American.

Students who wish to apply for the scholarships must hold a bachelor’s degree from an accredited university with an undergraduate grade point average (GPA) of 3.0 or higher. They also must apply for admission to the UNC Charlotte M.B.A. program prior to applying for the scholarship. As part of the scholarship application, prospective students must take the free GMAT practice test located on and submit a printout of their results. Preference will be given to applicants with professional work experience, as well as to candidates from underrepresented groups. Scholarship applications are available at

About the UNC Charlotte M.B.A.
Accredited by AACSB International, the M.B.A. program in the Belk College of Business at UNC Charlotte offers a comprehensive curriculum for aspiring manager and leaders. With flexible course loads, a distinguished resident faculty and academic concentrations, the UNC Charlotte M.B.A. program offers a top-quality program at an outstanding economic value.

About the National Black M.B.A. Association – Charlotte Chapter
Charlotte is one of 39 chapters representing the 6,000 members of the National Black M.B.A. Association (NBMBAA). Founded in 1970, the NBMBAA provides networking, career advancement, educational forums/events, and mentoring opportunities to its members, who represent some of the premier corporate, non-profit, and government agencies in the country.

About The Princeton Review
The Princeton Review (Nasdaq: REVU) is a pioneer in the world of education. Founded in 1981 and headquartered in New York City, the Company offers private tutoring and classroom and online test preparation to help students improve their scores in college and graduate school admissions tests. The Company's free website,, helps over half of university-bound students research, apply to, prepare for, and learn how to pay for their higher education, and helps hundreds of colleges and universities streamline their admissions and recruiting activities. In addition, The Princeton Review works with school districts around the U.S. to measurably strengthen students' academic skills by connecting ongoing assessment with professional development and instruction and by providing districts with college and career resources for both students and guidance counselors. The Company also authors more than 200 print and software titles on test preparation, college and graduate school selection and admissions, and related topics.