A Pay Gap for Female MBAs Has Reemerged

After nearly reaching parity a decade ago, a pay gap for female MBAs has reemerged
Photo illustration by 731; Photo: The Photo Works/Alamy

Ten years ago, the wage gap between men and women graduating from top MBA programs appeared to have been nearly erased. That suggested that women would launch their careers on an equal footing with men and then experience a gender-blind sprint up the corporate ranks. A decade later, a far more sober picture is emerging: The pay gap among graduates of elite business schools is widening, according to new research from Bloomberg Businessweek’s biennial survey of MBA graduates. On average, female grads from top MBA programs now earn 93¢ for every dollar paid their male classmates. At about a third of the top 30 U.S. business schools, women earn less than men—sometimes far less. Female MBA graduates from the class of 2012 at the Wharton School of the University of Pennsylvania, for instance, earned 86 percent of male wages, while those at Stanford Graduate School of Business earned 79 percent.

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