What Women Want and Why a Larger Share of Them Enroll in Business Master’s Rather Than MBA Programs
RESTON, Va., 2017-03-08 06:01 CET (GLOBE NEWSWIRE) --
Globally, women represent a greater share of the applicant pool than men in many of the business master’s programs, such as marketing, accounting and management. Women, however, are still underrepresented in MBA classrooms in the United States and around the world. What Women Want: A Blueprint for Change in Business Education is a new white paper from the Graduate Management Admission Council (GMAC) that identifies drivers of this continued lack of gender parity in MBA programs. The paper explores the biggest challenges women face in the business school application process and the differences between men and women in their motivations to pursue graduate business degrees. The white paper was issued in recognition of International Women’s Day celebrated globally and National Women’s History month in the United States.
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/50396ac9-be43-4119-8366-27af01d7448f
“Women have made phenomenal progress in attaining business master’s degrees, yet they have not yet caught up with men in the share of MBAs earned,” said Sangeet Chowfla, president and CEO of GMAC. “Our extensive global segmentation research and market intelligence looked at several important underlying factors that contribute to this growing participation of women in business master’s and lack of parity in MBAs, with financial concerns being the number one issue cited by female applicants.”
The paper’s key findings draw upon insights collected from GMAC’s Global Graduate Management Education Candidate Segmentation Study conducted in 2016 in partnership with IPSOS, a global market research firm. The survey sample included a total of 5,900 female and male applicants representing 15 countries worldwide.
Motivations and Approaches to the Application Journey Differ by World Regions
Women in Western countries differ in their motivations and approaches to the application journey from women in emerging economies like China and India, and the motivational profiles of Western women differ noticeably from their male counterparts. In India and China, women’s motivations and application behaviors more closely resemble those of male applicants from these countries.
Women Plan Earlier and Are More Outcomes-Focused
Women are more likely than men to begin considering graduate management education as undergraduates. Overall, women are more pragmatic and outcomes-focused in their approach to pursuing graduate business education. They are more likely than men to apply to a specific school because it offers flexible program formats and its graduates get better job opportunities. Especially in Western countries, women are more likely than men to be motivated by the desire to advance more quickly and earn more money.
Funding Is a Significant Barrier
Globally, 29 percent of female survey respondents cited financial issues as the key reason they had not yet accepted their admissions offer to graduate business school. Seeking scholarships and financial aid were top of mind. Men, on the other hand (33 percent), cited that they were waiting for an offer from additional schools as their reason for delaying acceptance.
The greatest gender difference on this issue was seen in the U.S. More than a third (38 percent) of female survey respondents cited financial reasons as their number one reason for not yet accepting their admissions offer compared with 20 percent of male respondents. Yet, obtaining funds to pay for schools is a bigger challenge for men than for women in both India (8 percent Indian women vs. 14 percent Indian men) and China (9 percent Chinese women vs. 11 percent Chinese men).
MBA Is Still Relevant to Women Despite Higher Numbers Obtaining Non-MBA Business Master’s Degrees
Women are already achieving parity (52 percent) in master’s programs such as Master of Marketing, Master of Accounting, and Master in Management, and the number of these programs has grown exponentially in recent years. The share of women in MBA classrooms, however, has consistently remained well below parity with men at 37 percent. Despite greater shares of women choosing non-MBA master’s programs over MBA programs, the data show that women hold the MBA degree in higher regard than men, and view the degree as a passport to wider career advancement.
“It’s easy to make the mistake of thinking of women as a monolithic block and to view their lack of parity in MBA classrooms as a failure on the part of business schools,” said Chowfla. “The insights in this white paper clearly reveal that women are distinct from men in what they are seeking from their business education experience, and their behaviors differ between countries and behavior types. In our opinion, business schools have made great strides in inclusivity and shaping their recruiting and admissions processes to ensure a diverse classroom. We hope that equipped with this paper’s data and insights, business schools can develop even bolder strategies for increasing the number of women in their classrooms and achieve the gender parity seen in other sectors of graduate education.”
To download the GMAC white paper, What Women Want: A Blueprint for Change in Business Education, visit: http://www.gmac.com/womeninbusinessschool.
About GMAC: The Graduate Management Admission Council (GMAC) is a nonprofit organization of 220 leading graduate business schools from around the world actively committed to advancing the art and science of admissions. The Council provides the solutions necessary for business schools and candidates to discover and evaluate one another to ensure that talent never goes undiscovered. GMAC owns and administers the Graduate Management Admission Test® (GMAT®) exam, used by more than 6,500 graduate programs worldwide, as well as the NMAT by GMAC™ exam, used for entrance into graduate management programs in India. The Council is based in Reston, Va., with offices in London, New Delhi and Hong Kong. Additional information about the GMAT exam is posted on mba.com. For more information about GMAC, visit gmac.com.
Jennifer Garfinkel; Director of Media Relations, GMAC
+1 (703) 668-9805 or email@example.com
Om Nasdaq GlobeNewswire
One Liberty Plaza - 165 Broadway
NY 10006 New York
+1 212 401 8700http://www.nasdaqomx.com
NASDAQ (NASDAQ: NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents.
Følg saker fra Nasdaq GlobeNewswire
Registrer deg med din epostadresse under for å få de nyeste sakene fra Nasdaq GlobeNewswire på epost fortløpende. Du kan melde deg av når som helst.
Siste saker fra Nasdaq GlobeNewswire
Oxford Immunotec and QIAGEN N.V. Settle Patent Infringement Lawsuit15.12.2017 22:04 | Pressemelding
Agreement includes payment of $27.5 million to Oxford, royalty-free license to QIAGEN and dismissal of all pending litigation OXFORD, United Kingdom and MARLBOROUGH, Mass., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Oxford Immunotec Ltd. (Nasdaq:OXFD) and QIAGEN N.V. (Nasdaq:QGEN) (Frankfurt Stock Exchange:QIA) announced today that they have reached a settlement in the lawsuit in the U.S. District Court for the District of Massachusetts in Boston (15-cv-13124-NMG) alleging patent infringement in relation to QIAGEN's QuantiFERON®-TB Gold and QuantiFERON®-TB Gold Plus products. Under terms of the agreement, all pending claims between Oxford and QIAGEN and the co-defendants have been resolved. As part of the settlement, Oxford has granted QIAGEN a royalty-free, non-exclusive license that extends to all current and future customers of QuantiFERON-TB Gold and QuantiFERON-TB Gold Plus in exchange for a one-time, lump-sum payment of $27.5 million. The settlement includes general
Algeco Scotsman Announces Acquisition of Iron Horse Ranch15.12.2017 21:32 | Pressemelding
BALTIMORE, Dec. 15, 2017 (GLOBE NEWSWIRE) -- Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the "Algeco Group") today announced the successful closing of the acquisition by the Algeco Group's subsidiary, Target Logistics Management, LLC ("Target Logistics"), of Iron Horse Ranch from funds managed by TDR Capital LLP ("TDR"). The acquisition solidifies Target Logistics' position as the single largest provider of turnkey workforce housing in the U.S., including a network of eight lodges and 2,119 beds in the Permian Basin. With the acquisition, Target Logistics' Permian Basin lodge network now includes Texas lodges in Pecos, Mentone, San Angelo and two in Odessa, along with two lodges in Carlsbad and Lovington, New Mexico. Additionally, Target Logistics adds Eagle Ford lodges in Cameron and Yorktown, Texas. Diarmuid Cummins, CEO Algeco Scotsman: "Today we announce the completion of the second of two strategic acquisitions which we flagged earlier
Elemica Named to Food Logistics Top 100 List15.12.2017 13:55 | Pressemelding
11th Consecutive Win for Delivering Value Across Clients' Supply Chains WAYNE, Pa., Dec. 15, 2017 (GLOBE NEWSWIRE) -- Elemica, the leading Business Network for the process industries, announces the company has been named to Food Logistics magazine's FL100+ Award for the 11th year. The FL100+ list recognizes leading software and technology providers in the food and beverage industry. Elemica was chosen for helping agricultural and food ingredient businesses conduct more efficient and error free commerce across their community of suppliers, customers and logistics providers - delivering value through lower operating expenses and working capital costs. "We are honored to be included for the past eleven years on the Food Logistics FL100+ list for helping companies improve efficiencies and generate value from their supply chains," said John Blyzinskyj, CEO of Elemica. "Automating business processes, enabling end-to-end visibility, and providing a platform for
GSV Asset Management Announces Strategic Investment from HMC Capital-Led Group14.12.2017 21:03 | Pressemelding
WOODSIDE, Calif. and NEW YORK, Dec. 14, 2017 (GLOBE NEWSWIRE) -- GSV Asset Management, LLC ("GSV"), a modern merchant bank that identifies, advises, and invests in the fastest growing, most dynamic companies in the world - the Stars of Tomorrow - today announced a strategic investment from a group led by HMC Capital ("HMC"), a leading Latin American advisory and investment firm. While terms of the deal were not disclosed, the investment will result in a minority ownership interest for the HMC-led group in GSV Asset Management. Proceeds will be used to enhance GSV's ongoing investment activities, as well as to accelerate its strategic expansion into new business areas and geographies. "We are very excited to partner with HMC Capital, a multi-billion dollar asset manager that brings a range of complimentary capabilities to GSV Asset Management," said Michael Moe, founder of GSV. "GSV stands for Global Silicon Valley and our alliance with HMC reflects our shared commitment t
TrueCommerce Datalliance Releases Third 2017 Update for Vendor Managed Inventory Platform14.12.2017 19:28 | Pressemelding
Latest Software Update Enhances Browser, Productivity Experience CINCINNATI, Dec. 14, 2017 (GLOBE NEWSWIRE) -- TrueCommerce Datalliance, a leading vendor managed inventory service solutions provider, announced today that it released the third scheduled 2017 update to its VMI platform. The free update is part of TrueCommerce Datalliance's commitment to improving the functionality of its cloud-based supply chain software. Highlights of the release include several improvements to its system architecture and capabilities: Google Chrome is now officially supported Order Worksheets are now easier to view in Internet Explorer One-click access to recently changed or added items Mass Launch Order Preview lists all items suggested or added via allocation "We promise our customers three major updates every year," said Connie Shafer, TrueCommerce Datalliance Producti
ATTO announces support for Apple® Release of the new iMac Pro14.12.2017 18:37 | Pressemelding
ATTO's line of ThunderboltTM technology enabled products continue to revolutionize connectivity to storage AMHERST, N.Y., Dec. 14, 2017 (GLOBE NEWSWIRE) -- ATTO Technology, Inc., a global leader of storage and network connectivity and infrastructure solutions for data-intensive computing environments, today confirmed their continued commitment to the newly released line of product updates and innovations from Apple. With the powerful and new iMac Pro® now shipping, ATTO continues to support the new offerings from this industry leading manufacturer. "Our deep relationship with Apple over the last 30 years continues to drive our position as a leading force within the Apple community," said Timothy J. Klein, president and CEO at ATTO Technology. The iMac Pro sets a new standard for Apple design and performance and complements why users select ATTO products. As Apple pushes the boundaries of desktop computing, ATTO continues to provide industry leading products that op
I vårt presserom finner du alle våre siste saker, kontaktpersoner, bilder, dokumenter og annen relevant informasjon om oss.Besøk vårt presserom