Survey shows women business graduates earn more than males
A female graduate earned 77 per cent more than the man’s salary in the same course. Photo/FILE
What you need to know:
- Kenya is home to MBAs studies with various universities running the course to accommodate the rising fad within the formal sector.
Women graduates in business courses earned more than their male counterparts last year, a global survey has shown.
According to Alumni Perspectives Survey 2012 that was done by Graduate Management Admission Council (GMAC) — a global business school’s organisation — a female graduate earned 77 per cent more than the man’s salary in the same course.
Put otherwise, for every shilling of a salary by her male counterpart, a female earned 77 cents more.
“Examinations of these findings alongside recent data suggest that women who get a graduate business degree experience greater pay parity with men,” notes the report.
Further, full-time Masters of Business Administration (MBA) female graduates drew starting salaries that were on average 85 per cent more than what their male colleagues got.
These are some of the gender-based differences that more than 4,000 alumni reported globally last year.
Kenya is home to MBAs studies with various universities running the course to accommodate the rising fad within the formal sector.
In an effort to discuss the situations in the business education field, Nairobi hosted the European Foundation of Management Development (EFMD) Africa Conference last week.
Top global business schools — Harvard, IESE, Lagos, Angola and South Africa’s Gordon Institute of Business Science, met at the University of Nairobi and Strathmore Business School under the theme ‘Sustainable Business Education Appropriate for Africa’.
Dr Amos Njuguna, an associate professor at the United State’s International University’s Chandaria School of Business, says the trend in the parity might be associated with labour imperfections and strong advocacy for women’s rights.
“Women have learnt to deal with the environment they are working in. They have even learnt the art on negotiating on the face of men,” Dr Njuguna said.
He noted women have been in disadvantaged while competing with men in terms of pay, due to their lifestyles requiring them to have babies, nurse them and still work for promotions.
