Overseas Business Schools are targeting 30% women representation for their MBA programs even as the world faces scarcity of senior female Finance professionals. In order to cater to the gender imbalance, business schools across the world are taking initiatives to fix the growing concern.
Many measures in this direction are being taken by the Overseas Business Schools, as quoted by the Study International. This includes placing a target of 30% women representation for their MBA programs to offering scholarships.
The latest report by Financial Times has revealed that there is much to be done on the front of gender parity in the Finance sector.
FT 2018 global rankings of the top 100 MBA courses comprise of 37% of women participants. This is just a meager increase from 33% in 2013. Even for the courses in MIF – Masters in Finance, the gender parity is not reflected from the statistics of 2018 FT rankings. Women now comprise of the 42% of the student cohort in 2018. This is just a 2% increase from 40% in 2013.
The poor representation of women is a subject of concern, according to a Financier and former banker investment who had pursued MBA in mid-career. It is more concerning as women voluntarily opt out of prospects in Finance. This is true for undergraduate level, business school level and opportunities post-MBA adds the Financier.
Unfortunately, it persists as an image issue for the Finance industry and the business schools as well said the Financier. The report by Financial Times is just a part of the wide-ranging gender disparity that exists in conventional male-dominated areas. This could be Engineering or Law as well.
Women are now foraying into these streams in increased numbers.
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