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The Doctor Is In: GMAC Renews Support for PhD Project

With US$250,000 in support, GMAC has renewed its sponsorship of the PhD Project for 2010.

An award-winning program aimed at increasing diversity in the professoriate in US business schools, the PhD Project holds national conferences and builds peer networks for doctoral candidates. The PhD Project has more than tripled the number of minority business school professors, to over 1,000 today. GMAC is a founding partner of The PhD Project.

The Council’s renewed support came from GMAC’s Management Education for Tomorrow Fund. The Fund invests in programs and activities that support the Council’s role in advancing business and management education worldwide.

“The PhD Project’s investment in building diversity among the ranks of business school faculty has been a courageous journey,” said Dave Wilson, president and CEO of GMAC. “If ever a plan to seek change required a commitment to stay the course, this was one. GMAC was there at conception and has remained with the PhD Project, willingly contributing time and more than $2.5 million to date. It has been worth every step of the way.”

Shalei Simms

Founded in 1994, The PhD Project announced the 1,000th US minority business school professor late last year: Shalei Simms received her PhD in management from Rutgers University and is currently on the faculty at Ramapo College of New Jersey.

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