Growing Numbers of Women in Business
Women around the world are working to move up the corporate ladder and put more cracks in the “glass ceiling.” And although women in business occupy more than half of management, professional and related occupations, they are severely underrepresented in leadership positions.
According to the Graduate Management Admission Council (GMAC), 118,027 women sat for the GMAT® exam in testing year 2016, accounting for 45.2% of all test takers, up from 44.4% in 2015.
The infographic below highlights reasons why women are pursuing graduate business degrees (primarily MBA programs) around the world.
- 88% of U.S. alumnae say their graduate business education was rewarding financially
- 84% of Canadian alumnae say their business education developed their quantitative analysis skills
- 93% of Asia-Pacific alumnae said their graduate business education increased their level of job security
- 97% of Middle East and Africa alumnae say they would still pursue their graduate business education all over again
And although increased numbers of women are pursuing graduate business degrees, women still do not have equal numbers to men in the workforce. According to Catalyst, a nonprofit focused on expanding opportunities for women in business, women make up:
- 46.7% of the U.S. labor force
- 51.5% of management, professional and related occupations
- 14.4% of Fortune 500 executive officers
- 15.7% of Fortune 500 board seats
- 7.6% of Fortune 500 top earners
- 2.6% of Fortune 500 CEOs (12 female CEOs of Fortune 500 companies)
At Mason, female students make up 45% of the Mason MBA program and 46% of all business programs. And we are taking steps to advance women in business.
Breaking Barriers…for the Next Generation
George Mason School of Business’ Women in Business Initiative aims to provide a unique platform of engagement for professional development and networking and to build a supportive network of female business professionals that will open doors for our current female students, our female alumni, and other businesswomen, alike.
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 MBA graduates with the skills they need to pursue the careers they want.
Mason’s MBA program is ranked #53 on the “Best Part-time MBA” list by U. S. News & World Report. Dedicated career services staff offers personalized career consulting services to students during the MBA program and alumni after graduation.
Download the MBA eBook titled 5 Things You Need in an MBA Program today for more information.
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