MBA is no longer just for the men

More women than ever before are seeing business school and corporate careers as an option, according to two recent surveys of global MBA candidates.

According to the QS Applicant Survey, a record 48 percent of attendees at the QS World MBA Tour in 2010 were women, continuing an upward trend that has occurred over recent years. Meanwhile the GMAC Alumni Perspectives Survey 2010 shows that 40 percent of those who took the GMAT (General Management Admissions Test)  were women, the actual number peaking over 100,000 for the first time ever.

David Wilson, president and CEO of the Graduate Management Admission Council, which oversees the GMAT, says: “In the U.S., it seems that women are faring better in the recession than men. Men are taking the brunt of the job losses.”

He continues: “Women, figures show, are great at getting jobs they want. These involve a lot more public sector jobs, and sectors that are less susceptible to job losses — perhaps those that don’t earn such big bonuses as, say, the finance sector. This makes their jobs safer.”

Zoya Zaitseva, manager of the QS World MBA Tour, says: “In 2010, though 48 percent of applicants to the tour were women, for the first time ever there are some countries where the proportion of women was over 50 percent, and we’re looking into why that might be.”

Although the MBA scene has been heavily male-dominated in recent years, experts feel that parity will be achieved at some point in the not-too-distant future.

Florence Barkats, a London Business School student says: “Seeing an MBA as an option gives women aspirations they didn’t have in the past. It is seen as socially acceptable now, with more successful women in the workplace, and we have more role models – if she has done it, I can do it too. Women are going to business school to realize this potential.”

In support, business schools are making a significant push to attract high-caliber women to their courses, as supported by the increase in the number of gender-specific scholarships available. 


Two young children killed in deadly Queens fire

Two 4-year-old children died after a blaze at their Far Rockaway home on Saturday night. The Queens fire injured three others, including a third sibling.


Florida man charged with murdering son to play…

A Florida man annoyed that his 16-month-old crying son was preventing him from playing video games suffocated the toddler, police said on Friday.


Powerful 7.2 magnitude earthquake rattles Mexico

A powerful earthquake struck Mexico Friday, shaking buildings and sending people running into the street, although there were no reports of major damage.


OMG! Exercise can make skin (and butt) look…

A moderate exercise regime can turn back time and actually reverse the skin's aging process, according to new research. The study showed that a minimum…


Whoopi Goldberg makes her debut as marijuana columnist

"It helps my head stop hurting, and with glaucoma your eyes ache, and she takes the ache out. It's wonderful," she said.

The Word

Kate Middleton made fun of Prince William's bald…

Kate Middleton and Prince William are in Sydney, Australia, right now, and it sounds like that brash Aussie sense of humor might be rubbing off.

The Word

Is Tom Cruise dating Laura Prepon?

"Mission: Impossible" star Cruise is said to be dating Laura Prepon, star of "Orange is the New Black."


'Scandal' recap: Season 3, Episode 18, 'The Price…

Sally is Jesus, Olivia caused global warming, and Mellie's still drunk. Let's recap the Scandal finale. A church full of Washington insiders is about to…


Deron Williams leads Nets over Raptors in Game…

The Nets traveled to a raucous Air Canada Centre but came out with an important Game 1 victory over the Raptors.


Carmelo Anthony agonizing over Knicks future as season…

There’s still the cloud hanging over the franchise’s head as to the pending free-agent status of All-Star forward Carmelo Anthony.


Jets host players with eye toward NFL Draft

The Jets hosted a number of NFL Draft hopefuls for workouts on Thursday, with an eye toward some under-the-radar players.


Chris Johnson: I wanted to go to 'a…

Now that Chris Johnson is a Jet, the team has to figure out if one of the most explosive players in the NFL over the last half decade has anything…


How to parent without gender stereotypes in a…

Christia Spears Brown, Phd. author of "Parenting beyond Pink & Blue" gives advice on raising kids free of gender stereotypes.


VIDEO: 'Vein-scanning' may become the future of paying

Designed to make transactions quicker and easier, the technology works by scanning the unique vein patterns in each person's palm.


#FollowFriday: 10 of the smartest Twitter accounts

Spending lots of time on Twitter? You might as well learn something. Here are some of the smartest accounts to follow.


Light-up nail art syncs with phone

This Japanese technology syncs light-up nail art with your phone.