Mission

Established in 1970, the National Black MBA Association is dedicated to creating partnerships that result in creating intellectual and economic wealth in the black community.

Background

The National Black MBA Association is comprised of Black business professionals in a wide range of industries. Its members have the common goals of improving their professional skills and obtaining responsible positions within these sectors. The membership is composed primarily of MBA graduates from various business schools and those pursuing graduate degrees in business. The NBMBAA is a voice in addressing critical issues affecting African American business professionals.

In partnership with over 400 of the country’s top business organizations, the association has inroads into a wide range of industries as well as the public and private sector. Yet all of NBMBAA’s partners have one thing in common – they are all committed to the organization’s goals and values.

The National Black MBA Association has more than 6,000 members and represents more than 95,000 MBA graduates and operates around three cornerstones: Education, Employment, Leadership.

The organization gains its strength from a strong belief in community and a commitment to its development through economic and educational development initiatives that support the global African American community.

In July 2000 the NBMBAA’s influence on the global community emerged with a shout when, in July 2000, Black MBA UK was launched.The National Black MBA Association, Inc. (NBMBAA) is a business organization, which leads in the creation of economic and intellectual wealth for the Black community.

History

The national association was conceptualized in 1970 by a group of MBA students at the University of Chicago, the Association was incorporated in 1974 as a non- profit organization under the laws of the State of New York.

The Twin Cities chapter was established in 1981. Its charter members sought to build a support network for African-American managers newly hired by Twin Cities area employers. The majority of the members were relocating from outside of Minnesota and found themselves socially and professionally isolated when away from their offices. General Mills, Pillsbury, First Bank [now US Bancorp], Norwest Bank, 3M and Honeywell were the chapter's first corporate partners. By supporting chapters members, who were also their employees, these partners shared the efforts to found the chapter. The Twin Cities chapter was designate a State of Minnesota non-profit corporation in 1989 and recognized by the IRS as a 501(c)3 tax-exempt organization in 1995.

Objectives

• Attract and retain members of the highest caliber.
• Develop the best African American business leaders and managers through programs that enhance executive skill development.
• Maintain strong ties with the corporate community.
• Promote graduate business education among minorities. Recruit and mentor MBA students.
• Increase the social awareness of its members.
• Encourage, recognize, and support local minority activities.
• Lead in the creation of the economic and intellectual wealth for the African American community.
• Provide network opportunities.