Be Different or be dead

December 2, 2020

Why more amazing women are now attending MBA school

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Why more amazing women are now attending MBA school.

BE DiFFERENT or be dead failed to reach the ears of many business school programs for years as they have a history of being singularly and exclusively male.

Globally, back in 1972, of the 30,433 graduates who received an MBA, only 1,201 were women.

Fortunately, it seems like that gap is closing and differentiation is finally breaking down the doors at business schools as this past year MBA programs had a record number of females enrolled.

This rise in women enrolment in MBA programs can be attributed to many things. Namely, the growing versatility of a business degree, more supportive campus organizations and policies, focused recruiting efforts and the increasing acceptance of Graduate Record Examination (GRE) scores as opposed to DescriptionThe Graduate Management Admission Tests (GMAT) exclusively. The most promising of those reasons being the versatility of a business degree.

Before, an MBA was a ticket to Wall Street and big money on a train mainly ridden by men.
You went to business school, performed in cut-throat environments, developed a shark-like instinct and graduated to big banks.

Today, however, your MBA can lead to a countless number of opportunities.

For women, that conversion usually comes in the form of entrepreneurship.

In 1972, that same year a mere 1,201 women worldwide graduated with an MBA, women-owned businesses only represented 4.6% of all businesses.

Now, women-owned businesses represent 42% of all businesses in the U.S., according to American Express.

This opportunity for women to empower themselves to start their own businesses is a huge motive for women to attend business schools. They can sharpen their natural sense of opportunity into actionable lessons and carry those lessons to blaze trails of their own.

The Forte Foundation also predicts this trend will keep climbing up and to the right.

In 2019, women made up 39% of full-time enrollment in MBA programs. The foundation’s goal is to reach gender parity (a 50/50 gender split) by 2030. A goal that they feel is very doable and one that will leave MBA classrooms finally looking different: they’ll look diverse.

— GreatBusinessSchools gives business students a portal that tells them everything they need to know before they commit to business education. Our aim is to take students from the decision to attend business school all the way to an application and acceptance.

• Posted 12.2.20 at 04:16 am by Roy Osing
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