In the turbulence following George Floyd’s murder, a handful of the most selective business schools in the US turned to the Consortium for Graduate Study in Management to shore up their commitments to diversity. Founded in 1966 by a business school professor at Washington University in St. Louis, the Consortium recruits underrepresented minorities to member schools with a streamlined application and sharply reduced fees. It has grown rapidly in the past five years; 25 schools participated in the application cycle for enrollment this fall. According to the Consortium’s website, the organization “recruited” 854 students to those schools, the most in ...