Changing workplaces. Changing lives.

Women MBAs

Quick Takes

Published: September 2009

Download (Free)

  • Women earned 35.5% of MBAs in 2007, down from 36.1% in 2006. Women earned 34.7% of MBAs in 2005, 34.8% in 2004, 35.1% in 2003, and 34.5% of MBAs in 2002 according to a survey of U. S. business schools.1
  • In Canada, women earned 35.3% of all MBAs in 2007, up from 33.4% in 2006. Women earned 32.1% in 2005, 34.3% in 2004, and 34.1% in 2002.1*
  • Women made up 32.9% of the 2008 class entering the top 20 MBA programs in the U.S.2
    • The number of women in top MBA programs has remained generally unchanged for more than a decade. In 1994, women made up 28.0% of the top 20 MBA programs.3

Top 20 U.S. MBA Programs2
% Women Enrolled
(Fall 2008)
University of Chicago (Booth) (IL)
35
Harvard University (MA)
38
Northwestern University (Kellogg) (IL)
36
University of Pennsylvania (Wharton) (PA)
36
University of Michigan--Ann Arbor (Ross) (MI)
34
 
Stanford University (CA)
                   36
Columbia University (NY)
32
Duke University (Fuqua) (NC)
39
Massachusetts Institute of Technology (Sloan) (MA)
35
University of California–Berkeley (Haas) (CA)
30
Cornell University (Johnson) (NY)
39
Dartmouth College (Tuck) (NH)
33
New York University (Stern), NY
41
UCLA (Anderson) (CA)
34
Indiana University (Kelley) (IN)
26
University of Virginia (Darden) (VA)
29
University of North Carolina--Chapel Hill (Kenan-Flagler) (NC)
32
Southern Methodist University (Cox) (TX)
28
Carnegie Mellon University (Tepper) (PA)
21
University of Notre Dame (Mendoza) (IN)
24
Average:
32.9%


Top 10 International MBA Programs 20084
Country
% Women Enrolled,
(Fall 2008)
Queens University
Canada
24
IE Business School
Spain
33
INSEAD
France
29
Western Ontario
Canada
26
London Business School
UK
25
ESADE
Spain
27
IMD
Switzerland
22
Toronto (Rotman)
Canada
29
IESE
Spain
28
Oxford (Said)
UK
                   27
Average:
 
27.0%

  • A 2006 survey of 1883 post-MBA graduate women determined the most popular job positions women choose immediately after graduation.5

Top 5 Industries Women Enter Post- MBA
% Women MBA Graduates Entering Field
Finance & Insurance
10%
Accounting
9%
Marketing Services
8%
Consulting Services
7%
Consumer Goods
5%

  • Another 2006 survey of 1729 post-MBA graduate women determined the most popular industries MBA graduates entered upon graduation.5

Top 5 Job Positions Women Choose Post-MBA Graduation
Product Management
General Management
Accounting/Auditing
Corporate Finance
Strategy

  • Average total first-year compensation for graduates of the top 30 MBA schools was $100,833.2
  • According to the 2003 Fuqua study of 10 top-tier business schools, the average male salary immediately after graduation was 4.0% higher than their female counterparts. Prior to business school, however, the difference was 9.0%.6
  • In a Catalyst survey of women and men at top MBA programs, women and men both expressed high satisfaction with their MBA experience. Fewer women than men, however, felt included in business school environments.7
    • 70.0% of women felt they had an easy time making a point during class, compared to 82.0% of men.
    • 47.0% of women said they could easily relate to people in case studies, compared to 63.0% of men.
    • 39.0% of women reported they had adequate opportunity to work with female professors, compared to 53.0% of men.

* Data for Canada was not available for 2003.

Sources

1 The Association to Advance Collegiate Schools of Business, unpublished data (2008).

2 U.S News and World Report, "The Best B-Schools, Full-Time MBA" (2008).

3 U.S News and World Report, "Best Graduate Schools 1994."

Francesca Di Meglio , “The Best International Business Schools," Businessweek  (2008). 

5 Unpublished statistics, Graduate Management Admissions Council (2006).

6 The Fuqua Report: 2003 .

7 Catalyst, Women and the MBA: Gateway to Opportunity (2000).

 UPDATED September 29, 2009

Quick Takes