Peter Aranda is CEO of The Consortium for Graduate Study in Management, the leading advocate for diversity and inclusion in American business. Since 1966, this coalition of universities and corporations has awarded over $230 million in full-tuition, merit-based MBA scholarships to Hispanic, African and Native American MBA candidates with stellar academic records and a proven commitment to diversity.
Mr. Aranda is uniquely qualified to serve as an advocate for underrepresented populations. The first Consortium alumnus (’87, Washington University’s Olin Business School) to lead the organization in its 46-year history, he brings to his role a track record of business achievement, academic experience and an ancestry that is a mix of Mexican, Native American (Cherokee and Otomi) and Jewish.
Mr. Aranda began his career as a consultant with Andersen Consulting (now Accenture) and Price Waterhouse after receiving a BS in business from the University of Southern California and both an MBA and a Master of Information Management from Washington University in St. Louis. His interest in running a business led him to the entertainment industry, where he held key positions at several companies including MCA (now Universal Music Group) and BMG. He later ran his own successful entertainment consulting shop, P.J. Aranda & Co.
In 2003, Mr. Aranda took on a cause close to his heart. A sometime victim of exclusion in his youth and early academic career and a beneficiary of opportunities made possible by The Consortium, he embraced the organization’s mission and accepted the position of CEO. Under his leadership the organization’s operating budget has grown 36 percent; UCLA, UC Berkeley, Cornell and Yale have joined the fold; and more than new 30 companies have become corporate partners. The Consortium’s members now include 17 of the country’s top business schools and more than 85 Fortune 500 and other companies in virtually every industry.
Eager to help young people benefit from his experience Mr. Aranda has taught and lectured in the MBA programs of Columbia University, the University of Virginia and his alma mater, the University of Southern California. He sits on the advisory board of the National Society of Hispanic MBAs and is a member of the boards of directors of College Horizons, which helps Native Americans pursue graduate degrees, and Field of Plenty, which offers scholarships for summer camp to Native American children.