Although previously dominated by men, Master of Business programs are quickly becoming a popular option for college-age women. In recent years, the number of women-identifying MBA applicants and graduates has skyrocketed due to a business degree’s economic mobility from an accredited higher-education institution.
As women unshackle themselves from restrictive gender norms and increasingly prioritize their career over motherhood, business programs worldwide have focused their efforts on women in recruiting aspiring businesswomen. When universities prioritize their female-identifying students’ academic success, it benefits both the school and the women economically and bolsters businesswomen’s chances of gaining traction on the job market.
Not surprisingly, studies show dramatically increased salaries for women with MBAs than women without. To reemphasize the importance of women pursuing higher education, MBA programs have started offering online/ non-traditional courses tailored to women who work, businesswomen with families, or those women with demanding personal lives.
Prestigious business programs to take note of
When affiliated with a top-ranking university, women in business can expand their career opportunities tenfold and shatter the glass ceiling restricting their potential. Colleges like the University of Pennsylvania, Northwestern University, and the University of Michigan offer some of the most acclaimed business programs. After narrowing down the most accredited institutions, you’ll need to calculate your odds of acceptance. By researching the “University of Michigan acceptance rate,” women interested in pursuing an MBA can determine which universities lie within their reach.
Universities are investing in aspiring businesswomen
There has never been a better time to seek out a business degree as a young woman. Business program boards are consistently pushing for college-aged women to apply and pursue MBAs. Different universities offer special incentives—often financial— for women who enroll and attend their institution.
When looking at schools to attend, research the stimulus and scholarships they offer aspiring businesswomen like you. Otherwise, you risk accruing tens of thousands in student debt.
Expands your career opportunities
Research shows that women who graduate with an MBA are more likely to see an increase in salary and progress to senior-level management. Business degrees offer invaluable opportunities for academic growth and networking that will help you climb the corporate ladder. Who you know, is half the dilemma when it comes to securing a full-time career. Fortunately, MBA programs provide students with the opportunity to make pivotal business connections.
Offers invaluable life skills
Business degrees are proven to increase women’s chance of enjoying economic and professional success in the long-term. Because MBA programs teach students important lessons often used to resolve day-to-day difficulties experienced on-the-clock, business woman with glowing references, a can-do attitude, and an MBA behind their name are more likely to earn promotions and scale up the corporate ladder. Learning how to manage money and maintain healthy spending habits is an integral part of excelling in an MBA program and the real-life workforce.
Women who obtained an MBA report increased feelings of financial security and had more opportunities to utilize the knowledge they gained daily. Along with promising financial literacy skills, women also attest to gaining confidence and learning valuable lessons about boundaries, personal value, and asking for what you need during their time in an MBA program.
Women seeking to pursue an MBA are in for a once-in-a-lifetime journey. University business programs push boundaries and weed out the weak—allowing women to develop professionally and personally. Besides increasing your earning potential, pursuing a college degree as a woman in a male-dominated program paves the way for future women and inspires young girls to take control of their education and shoot for the stars previously monopolized by their male counterparts.