The mission of The PhD Project is "to increase the diversity of business school faculty by attracting African-Americans, Hispanic-Americans, and Native Americans to business doctoral programs and providing a network of support during their doctoral programs."
In pursuit of its mission and objectives, The PhD Project reaches out to bright, highly motivated minority individuals, encouraging them to consider doctoral studies in business and careers as business professors. KPMG Foundation is the founder, lead sponsor, and administrator of The PhD Project.
Since its inception in 1994, the Project has tripled the number of minority business professors.
The PhD Project Doctoral Students Associations (DSAs) help sustain a high level of commitment and sense of connection among minority doctoral students in business through networking, joint research opportunities, peer support, and mentoring. As a result, 92 percent of DSA members have completed or are continuing in their doctoral programs, compared with 70 percent among doctoral candidates generally. AACSB International reports that 67 percent of those who earn business doctorates are in teaching positions. For The PhD Project, that number is an astounding 99 percent!