In older times, many people thought that an MBA degree was mainly a man’s pursuit.
Now, however, more opportunities are opened for women who enroll in business schools and get MBA degrees, while the old notions are slowly diminishing. Currently, almost half of the people who take the GMAT are of the female persuasion. Unfortunately, women only account for 30% of enrollment in MBA programs. Though this is a significant increase over the last 25 to 30 years, it still proves that there is an imbalance within the world of MBAs.
Despite opportunities that have opened, many women still refuse to earn an MBA degree, and it is not just a matter of taste.
Many misconceptions are spread, such as that women mistakenly perceive business school as a place where they will not be welcomed by the male-dominated population. Also, there are not enough female role models and business leaders. For almost the same reason, there are not enough female professors; thus, the faculty is often male-dominated.
On the plus side, this imbalance has led to new and more enthusiastic recruiting methods.
Graduate business schools are constantly seeking more qualified female applicants and have become more aggressive in their attempts. They have even begun to adapt their programs and clubs to make them more appealing to businesswomen.
Enrolling for an MBA degree means that you can open doors all over the business world.
An MBA is extremely versatile and will be valuable no matter what industry you decide to enter. MBAs work in both large and small corporations, nonprofit organizations, health care fields, government establishments, and many other types of business settings. Many MBA graduates have also utilized their degree to start their own businesses. An MBA will provide general management education and increase the chances of moving into senior-level positions. MBA graduates are often the highest-paid employees in the US.