GMAC Survey: Gender wage gap narrower for B-School graduates
MBA News Barbara Barkhausen / 02-03-2012
A recent survey by the Graduate Management Admission Council (GMAC) found that the wage gap between men and women is smaller among MBA graduates than it is among the general U.S. population. Female graduates of full-time MBA programmes received starting salaries equivalent to 85 per cent of the earnings of their male counterparts. According to the U.S. Census Bureau the average percentage in the U.S. workforce is as low as 77 per cent.
Alumni of graduate management programmes also reported a good return on investment in the GMAC survey. The survey found that graduates recouped one-third of the financial investment in their degree within the first year after graduation, and 100 percent four years out.