Its no secret that women who have MBA degrees make more
money than women who dont. In addition, a study done
by Fuqua Business School at Duke University reported that
women without an MBA make an average of $6,000 less annually
than their male counterparts, but that gender gap shrinks
to about $1,000 when women are MBA holders. Despite the economic
rewards, fewer women than men apply to MBA programs. Why?
One reason is that women can be put off by the business school
environment, which stereotypically tends to be extremely competitive
and lacking in female faculty and support systems. Fortunately,
schools recognize this concern and to improve their reputations
by offering more women-centric services and courses, increasing
their marketing towards women candidates, and upping the number
of female professors.
With the increased emphasis on drawing women to biz school
programs and because of the rewards--higher salaries and better
networking and career opportunities--pursuing a business degree
might be the way to go. But because of the intensity of many
programs, especially those at the top schools, business school
requires a level of stamina and commitment that you must be
willing and prepared to make. Be sure to talk with current
students and teachers to see if the climate and demands are
acceptable to you.
What to Look For in a Business
Tips for finding the right institution for you.