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Letters Minority Update I enjoyed your article "Minority Report" in the March issue. I am the director of the Multicultural Business Scholars Program (MBSP) at the University of Kansas School of Busi - ness. I established the MBSP in 1992 to increase the presence of students of color in the School of Business. Our goal is to attract, retain, graduate, and place multi- ethnic business students in signifi- cant positions. The MBSP provides scholarship funding and an intensive mentoring program that offers individual sup- port through regular one-on-one meetings with faculty mentors, peer BabsonMBA "The cases discussed in class have mir- rored the issues faced by my company. I have been able to apply classroom learning 'real time' with positive results, as well as share my knowledge with my managers and peers." —Joe Rogers, Application Developer, TMG Supply Chain Applications 6 BizEd JULY/AUGUST 2003 Our unique program: • synchronizes with Intel's strategic initiatives through custom electives and action-based projects • features a blended format of in-person and online instruction • offers sessions conducted by Babson faculty one weekend per month at Intel locations • stresses opportunity recognition, innovation, and creative problem solving To learn more about this exclusive program, visit www.babson.edu/MBA/Intel group meetings, and social activities. Funding for the program comes entirely from individuals and corpora- tions. We provide scholarships to par- tially cover tuition, fees and books, admission to extracurricular educa- tional and cultural events, funds to provide facilities, and associated costs for regular group meetings. Over the past ten years, perform- ance data of the MBSP have been tracked and reported. The student retention and graduation rate over ten years is 85 percent, compared to the University's retention rate of 35 percent for students of color and 56 percent for the white popula- tion over the past six years. All 47 students who gradu- ated from the program since 1996 have attained excellent positions with leading U.S. companies. Last year, I was appoint- Babson/Intel MBA Program Real Work, Not Homework In the Babson/Intel MBA program, Intel employees earn advanced degrees while applying course work directly to their workplace.