Data from 22 leading institutions has found that enrollments of underrepresented minorities in MBA programs have declined or stagnated since 2020. A Drop In Enrollment Of Underrepresented Minorities Following George Floyd’s death in 2020, which ignited a push for racial justice, top U.S. business schools pledged to increase diversity. However, the University of Michigan, Virginia, and Berkeley have seen significant drops in minority student numbers. For instance, Virginia and Berkeley’s 2025 classes included just 6% underrepresented students, and Michigan had 7%.  These figures heavily contrast with their previous commitments to diversity. Despite some schools’ slight improvements, the overall