Women and MBAs: Increasing Pay and Opportunities
It has been an uphill battle for women in the workplace. That said, the outlook for women continues to become better thanks to initiatives such as the Lilly Ledbetter Fair Pay Act and business schools that are increasingly becoming platforms for women to grow their careers and thrive in leadership roles in their respective industries.
In the infographic below, we have partnered with the Forte Foundation to examine the state of women in business and business school. We have examined how getting an MBA can dramatically impact women’s pay and position within their industry and organization. In addition, we highlight some of the top business schools that are creating programs and initiatives to better serve their female student body as well as profiling female executives who have received their MBA.
Some Key Findings:
– Women with their MBA see pay gains of 55-65% of their pre-MBA salary within five years of graduation.
– Companies with female board directors, experience on average, a 53% higher return on equity.
– 85% of MBA graduates attribute their MBA in advancing their careers.
What else do you think can be done to further advance women in the workplace? Please tell us in the comments below.