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Team MBA Raises More Than US$90,000 for Cancer Research

Who ever said MBAs are all, er, only about the bottom line?

GMAC staff and friends and students, faculty and even deans representing MBA programs around the U.S. and Europe joined forces recently to raise more than $90,000 for cancer research. A group of 67 cyclists participated in the finale of the Bristol-Myers Squibb Tour of Hope™, a bicycle ride across the United States led by Lance Armstrong, the seven-time winner of the Tour de France.

The team’s support for the Tour of Hope was one of the first events for Team MBA, a project led by GMAC to support MBA students and programs around the world as they help local, regional, and national charities.

The members of Team MBA included Dave Wilson, president and CEO of GMAC, who personally raised more than US$33,500 for the Tour of Hope—the second-highest total among all participants. He was inspired by a former colleague who was a POW in Vietnam and died recently of cancer.

“Today’s business environment is generating a spirit and energy in MBA students focused on civic responsibility. Participating in the Tour of Hope is an exciting way to demonstrate this drive,” Wilson said.

The Team MBA riders, along with nearly 1,500 other participants, had intended to join the Tour of Hope team October 8 as it neared Washington, D.C. at the end of a nine-day, cross-country ride that began September 29 in San Diego, California. This team consisted of 24 specially trained cyclists who rode relay-style from San Diego, California, to Washington to draw attention to the fight against cancer.

Record-setting rain, however, forced the last-minute cancellation of the bike ride finale, which was to have concluded with a ceremony and other activities on the Ellipse, the national park adjacent to the White House and the Washington Monument.

Members of the Team MBA contingent that participated in the Tour of Hoperepresented several Washington-area business schools, including those at American University, George Washington University, and Georgetown University. Other business schools represented included the London Business School, HEC Paris, Rotterdam School of Management, Yale University, UCLA, the University of Tulsa, the University of Denver, and the University of Rochester.

The Tour of Hope project, begun in 2003, is sponsored by pharmaceutical maker Bristol-Myers Squibb and involves champion cyclist Lance Armstrong.






Members of Team MBA celebrate their fundraising success.

If you’re interested in learning about how to bring Team MBA to your campus, please email us at You can also find more information on Team MBA at available at

Tour of Hope™ is a  registered trademark of Bristol-Myers Squibb Co.

©2005, Graduate Management Admission Council™ (GMAC™). All rights reserved.

GMAC™ and Graduate Management Admission Council™ are registered trademarks of the Graduate Management Admission Council™ (GMAC™).
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