Draft:Management Leadership for Tomorrow
From Wikipedia, the free encyclopedia
Management Leadership for Tomorrow (also known as MLT) is a US nonprofit that offers leadership training and business classes to African American, Hispanic and Native American people. In partnership with MBA programs and several blue-chip corporations, MLT supports critical career transition points: high school to college, college to early career, early career to MBA, and MBA to executive leadership.[1] As of 2025, they have supported over 15,000 alumni and fellows.
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| Company type | Non-profit |
|---|---|
| Industry | Career coaching |
| Founder | John Rice |
| Headquarters | , |
Key people | John Legend - National Spokesperson |
| Revenue | 45 million USD (2025) |
| Website | MLT.org |
History
MLT was founded by John Rice in 2002.[2] Its mission is to increase the presence of minorities in fast track entry-level jobs and major graduate business schools as preparation for leadership positions in corporations, non-profit organizations and entrepreneurial ventures. It is supported through a combination of grants, support from industry organizations, and tuition. Industry partners include McKinsey & Company, Goldman Sachs, PepsiCo, Citigroup, and CoStar Group.[3]
Programs
As of 2002, MLT launched a 12-month MBA Prep program. From MLT's MBA Prep program, 55% of applicants to top MBA programs in 2005 were accepted compared to the 18% for all applicants. Over 90% of MLT students were accepted into one of their top three business schools.
As of 2012, MLT was a top source of minority students for the nation’s top ten MBA programs. 40% of the minority students in the Harvard Business School and The Wharton School were alumni of MLT’s MBA Preparation Program.
They also run a Career Preparation program for college juniors and seniors entering business-related jobs, focused on succeeding in an internship after their junior year and beyond. [4]