There’s a really interesting, albeit not all that surprising, report from Catalyst, the group working to expand opportunities for women in business.
In 2007 and 2008, Catalyst surveyed 9,927 alumni who graduated from 26 leading business schools in Asia, Canada, Europe, and the United States. Less than half, 4,143, were men and women who graduated from full-time MBA programs and were working full-time at the time of the survey. The goal was to find how women with MBAs fared (relative to men) in terms of pay and career trajectory after receiving their degrees.
The answer: not well. Even after correcting for years of experience, industry, and global region, Catalyst found that women were more likely than men to start their first post-MBA job at a lower level. That basic finding held even when considering only men and women who aspired to senior executive level positions, and even among survey respondents who did not have children. Overall, 60% of women started on the post-MBA career ladder at the lowest of rungs, entry-level positions. For men, that number was 46%.
Men also had higher starting salaries than women–even after taking all the same factors into account. Overall, men had a pay premium in their first post-MBA jobs of $4,600.
Read the full article: Catalyst: Women MBAs Lag Behind Men in Jobs, Pay, Promotions
