Women in Business: Equal Education, Unequal Pay

According to research from the Graduate Management Admission Council (GMAC), recruiting of women in business schools has been steadily increasing. This shift in recruiting women to business schools should be of no surprise.

Today, women heading toward the top of their companies are increasing with more than half of women business school grads being hired for mid-level positions (52%) and another 22% being hired for senior-level positions according to GMAC.

Yet based on the data from the infographic below, equal education does not always provide equal pay for women.

Research found that male graduates in entry-level jobs made an average of $7,600 more than women in comparable positions. This is particularly difficult to accept when women pay the same for their education and generally have the same average debt from education as men. Additionally, on average women had a higher GPA then men at graduation.

According to GMAC, the majority of women from the class of 2015 said that their graduate business management degree did an outstanding job of

  • increasing their earnings power (90%)
  • preparing them for leadership positions (92%)
  • preparing them for their chosen careers (91%)

The challenges to continue to close the gender gap are always in motion. At Mason, 45% of the students in George Mason’s MBA Program are women. In addition, George Mason’s School of Business and its Women in Business Initiative provide current students, alumnae, and businesswomen a unique platform of engagement for professional development and networking.

Located in the metro Washington, D.C. area, George Mason’s MBA Program, prepares the next generation of business leaders through a rigorous, stimulating business and management curriculum based on a global perspective, industry demand, and leadership. It prepares graduates with the skills they need to pursue the career they want. Mason’s MBA program is ranked #74 on the “Best Part-time MBA” list by U. S. News & World Report.

women in business: equal education,unequal pay

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Paige Wolf

As director of graduate programs at George Mason's School of Business, my vision is to have a vibrant, collegial community of active learners who develop enduring professional relationships with faculty, staff, and fellow students while pursuing their degrees. Prior to this position, I spent 11 years with the School of Business as an associate professor of management teaching both MBA and undergraduate courses in organizational behavior and human resource management. I have more than 16 years of experience as an internal and external consultant on strategic human resource initiatives including team building, organizational development, competency modelling, performance management, employee selection systems, career planning, employee training and development, leadership assessment, and human resource audits.

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