How GMAT Scores Impact Starting Salaries

Blast from the Past:

The Mommy Track: The True Cost of Having a Baby

How is this for a statistic?

Within nine years of graduation, Booth males were earning nearly 40 percent more than their female classmates. Among the highest paid graduates, Booth men were earning over a half million more per year than women at 10-16 years after graduation.

Whoa!

Those were the findings of a 2013 joint study by economists at Harvard University and the University of Chicago. And what was the main cause for these discrepancies? You guessed it: “Job interruptions” (a euphemism for motherhood).

Yes, the proverbial “baby drag” on salaries hits female MBAs harder than most, as family requirements often drive women to different roles and schedules, many of which offer less pay and room for advancement. In the words of the report, “The presence of children is the main contributor to the lesser job experience, greater career discontinuity, and shorter work hours for female MBAs.”

So how do the incomes and career paths of women without children compare to the men? And how do the employment rates of female MBAs compare to women with other educational levels? For answers to these questions (and many others), click on the link below.

Source: Poets and Quants

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The 10 Commandments of MBA Interviews

Source: Linda Abraham