U.S. Latinx/Hispanic Candidates: 2022 Diversity Insight Series

Overview

This research report – a part of the 2022 Diversity Insight Series – offers as complete a picture possible of the factors influencing Latinx and Hispanic American candidates currently in the business school pipeline. It discusses trends in where they live, when they begin the school search, and their motivations for pursuing graduate management education. The goal of the report is to help the graduate management education community craft more effective diversity initiatives to better reach these populations.

The underlying data is from GMAC’s Prospective Student Survey (PSS), in addition to GMAT™ test-taker data and outside research. 

Quick Facts

• Hispanic candidates express greater interest in changing their job function or occupation post-GME than non-URP students (36% vs 32%). 
• Fifty-four percent of Latinos and 49 percent of non-URPs name increasing their salaries as a priority, and for good reason. The wage gap between non-URP workers and Latino Americans is well-documented: a recent McKinsey study found that Latino Americans make only 73 cents for every dollar earned by White Americans, with foreign-born Latinos faring even worse than those born within the United States.
• Seventy-five percent of Hispanics in the GME pipeline have chosen their desired program and are actively engaged in the research or application process, in some cases, for many years.