Female Business Graduates Earning More Post MBA , But Less Than Men

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An MBA will help women earn up to $20,000 more post-degree, but they will still earn less than men.

Female business graduates say they enjoy “increased earnings” after completing an MBA, according to the Graduate Management Admission Council’s (GMAC) 2016 Alumni Perspectives Survey Report.

Female business graduates, like their male counterparts, will get a median salary boost of $20,000 (US dollars) between pre-degree and post degree salaries.

However, men in the United states still earn more money than women, the report stated.

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Female business graduates also said benefits of an MBA included “leadership preparation, quicker career advancement and improved job satisfaction”.

Other findings from the report included:

  • Globally,  90 percent of female business graduates are currently employed (for a company or as a business owner) compared with 93 per cent of men. Eight percent of women are self-employed compared with 11 per cent of men.
  • Ninety six per cent of women rated their graduate business degree as good to outstanding, while men gave a rating of 95 per cent. Both 93 per cent of men and women rated their graduate business degree as personally rewarding, while 83 per cent of women and 89 per cent of men rated it as professionally rewarding.
  • Seventy per cent of female business graduates said their degree had been financially rewarding, compared to 77 per cent of men.

To download GMAC’s 2016 Alumni Perspectives Survey Report, visit: gmac.com/alumniperspectives.

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Ben Ready founded MBA News in 2014 and is the Managing Editor. He is a former business and finance journalist with Australian Associated Press (AAP) and Dow Jones Newswires in London. Ben completed his MBA in 2012 and was awarded the QUT GMAA Entrepreneurship Prize. He is also the founder and Managing Director of RGC Media & Mktng (rgcmm.com.au).