Harvard | Mr. Billion Dollar Startup
GRE 309, GPA 6.75/10
Columbia | Mr. Developing Social Enterprises
GMAT 750, GPA 3.75
Cornell Johnson | Mr. Electric Vehicles Product Strategist
GRE 331, GPA 3.8
Foster School of Business | Mr. Corporate Strategy In Tech
GMAT 730, GPA 3.32
Harvard | Mr. Harvard 2+2, Chances?
GMAT 740, GPA 3.2
Harvard | Mr. Big 4 To Healthcare Reformer
GRE 338, GPA 4.0 (1st Class Honours - UK - Deans List)
Stanford GSB | Mr. Startup Guy
GMAT 760, GPA 3.3
Harvard | Mr. Overrepresented MBB Consultant (2+2)
GMAT 760, GPA 3.95
Wharton | Mr. Big Four To IB
GMAT 750, GPA 3.6
Rice Jones | Mr. Tech Firm Product Manager
GRE 320, GPA 2.7
Chicago Booth | Mr. Mexican Central Banker
GMAT 730, GPA 95.8/100 (1st in class)
Harvard | Mr. Comeback Kid
GMAT 770, GPA 2.8
Harvard | Mr. Tech Risk
GMAT 750, GPA 3.6
Chicago Booth | Mr. Corporate Development
GMAT 740, GPA 3.2
Wharton | Ms. Strategy & Marketing Roles
GMAT 750, GPA 9.66/10
Harvard | Mr. Bomb Squad To Business
GMAT 740, GPA 3.36
IU Kelley | Mr. Advertising Guy
GMAT 650, GPA 3.5
Duke Fuqua | Mr. IB Back Office To Front Office/Consulting
GMAT 640, GPA 2.8
Yale | Mr. Lawyer Turned Consultant
GMAT 730, GPA 3.7
Chicago Booth | Mr. Whitecoat Businessman
GMAT 740, GPA Equivalent to 3(Wes) and 3.4(scholaro)
MIT Sloan | Ms. Digital Manufacturing To Tech Innovator
GMAT 720, GPA 3.4
Cornell Johnson | Mr. Healthcare Corporate Development
GMAT 740, GPA 3.5
Yale | Mr. Education Management
GMAT 730, GPA 7.797/10
Columbia | Mr. Neptune
GMAT 750, GPA 3.65
Darden | Ms. Education Management
GRE 331, GPA 9.284/10
Columbia | Mr. Confused Consultant
GMAT 710, GPA 3.2
Harvard | Ms. 2+2 Trader
GMAT 770, GPA 3.9

Why So Many Women In FinTech? Study May Have Answers

A new study from the University of Oxford Saïd Business School has found significant differences between men and women’s ability to cooperate in anonymous situations, and Saïd Associate Professor Nir Vulkan, who conducted the study with researcher Sabrina Artinger, says the findings could have wider implications for women in finance.

The study’s authors wanted to learn more about how people make decisions now that work is largely online and many interactions take place via email or other electronic systems, Vulkan says. Previous studies had focused on a very small number of people — usually two to three — so he and Artinger wanted to know what would happen if the number were more realistic, and how age, personality, attitude toward risk, and gender might affect the ability to work via cooperation.

“Our research shows that women cooperate better than men in anonymous interactions,” Vulkan says. “This is similar to what we see in crowd investing and in FinTech, where there are many more women compared with traditional finance. Our research could help to explain this difference.”

Nir Vulkan. Courtesy photo

ONLY GENDER MATTERED

The study was run with 135 participants using OXlab, an online platform used for social science experiments. Each participant was assigned an account with money and was asked to play six rounds of a game.

In each round of the game, participants would decide whether to invest the money in a group project. If two-thirds of the group or more participated, they would gain a profit. But if fewer than two-thirds participated, those who did would lose money.

The results showed that women were significantly more likely than men to trust their fellow participants by investing, Vulkan says.

“We thought gender might be an issue, (so) we looked at things like age, personality and attitude to risk,” he says. “We found that none of these factors matters except gender, and that gender matters a lot. Women are willing to cooperate in large groups a lot more than men.”

FINTECH REVOLUTION

Vulkan says he hopes the findings will help people better understand risk attitudes in the genders, which, he says, were thought for many years to be the main cause of differences in behavior and career patterns.

“In terms of finance, there is, as you know, a revolution going on — I am referring to FinTech,” he says. “The finance industry — the largest industry in the world in terms of monetary value — is being radically rethought, and redesigned, based on technology.”

A large part of this, he says, is crowd-based: crowd investing, crowd peer-to-peer lending, and more. He hopes the study will shed light on behavior in these crowd-based situations.

“The emergence of the FinTech sector and online investment platforms has leveled the playing field for women,” Vulkan says.

DON’T MISS STUDY: EMPLOYERS SAY BUSINESS STUDENTS DELUSIONAL ABOUT ABILITIES OR STUDY CLAIMS ‘ALARMING’ BIAS IN MBA ADMISSIONS