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Female MBAs, Business School Professors Continue to Lag

Two new reports suggest that women in business and on business school faculties have a ways to go.

Pipeline’s Broken Promise, a global report on MBA graduates by the nonprofit organization Catalyst, shows that women continue to trail men in both job level and salary, starting from their first position after business school, and they do not catch up.
 
Part of a broad, ongoing study of thousands of MBA alumni around the world, the report finds that even after accounting for experience, industry, and region, women still start at lower employment levels than men, make on average US$4,600 less in their initial jobs, and continue to be outpaced by men in rank and salary growth.

In an analysis of data from the US National Study of Postsecondary Faculty for 1988, 1992, 1996, and 2004, Shani D. Carter of Rhode Island College found that over the 16-year period, male professors were far more likely to become full professors than female professors, and the difference was much more pronounced for business professors than for college faculty overall.

Differences in Career Paths of Female and Male Faculty in the US was presented at the annual conference of the Academy of Human Resource Development, in Knoxville, Tennessee.
 
International Journal Focuses on Business Education

The EducationUSA journal Connections, a quarterly professional journal for EducationUSA advisers that the Institute of International Education produces on behalf of the State Department, focused its January 2010 issue on business education in the United States and featured two articles by GMAC staff.

The journal is sent to 500 Overseas EducationUSA Advising Centers, which provide information to almost 25 million prospective students annually. It is estimated that of the half-million international students who study in the US each year, up to 90 percent contact a Department of State-affiliated advising center. 

NEWS IN BRIEF

  • Deutsche Bank and the University of Chicago Booth School of Business have created a multi-year academic partnership designed to support and expand education related to risk management and financial regulation. As part of the relationship, Deutsche Bank will fund creation of a new speakers series for Chicago Booth MBA students as well as a new summer conference for PhD students. Separately, Deutsche Bank and New York University Stern School of Business have forged a partnership with a similar focus.
  • Pearson, the education, technology, and services company, has announced that 1,000 programs worldwide now recognize or are in the process of recognizing Pearson Test of English Academic (PTE Academic) to measure the English language proficiency of candidates for admission who are non-native English speakers. These 1,000 programs represent more than 410,000 applications from international students annually. Launched in October 2009, PTE Academic is endorsed by GMAC.
  • The University of South Carolina’s Moore School of Business has started a new website that focuses on technology innovation in the insurance business. Called i3, the site is operated as a small business enterprise by Moore School students who are interested in insurance and technology.
  • National University of Singapore Business School has opened a new headquarters, the Mochtar Riady Building, named after the founder and chairman of the Lippo Group. The nine-story, 16,500 square-meter building features a glass façade of reed-like structures, designed to symbolize the school’s resilience, stability and flexibility.

FROM THE FUNDRAISING DESK
Ohio State University
’s Fisher College of Business will receive half of a US$2 million gift to the university from the Harry T. Mangurian Jr. Foundation to create the Harry T. Mangurian Jr. Foundation Professorship in Business. The other half of the gift will fund research in OSU’s medical school.

Philanthropists John and Bonnie Buhler have given C$4 million to the University of Winnipeg in support of construction of a building in downtown Winnipeg that will enable the university to consolidate its entire faculty in business and economics under one roof. The gift will also support business scholarships.

The Minot State University College of Business has received a US$1 million donation from alumnus Clint Severson and Conni Ahart to support an entrepreneurship academy. Severson is chairman of the board, chief executive officer, and president of Abaxis, a medical devices company based in northern California.

NEW PROGRAMS
The W. P. Carey School of Business is expanding several of its degree programs, including its evening MBA program, to Arizona State University’s West campus. … Rollins College’s Crummer Graduate School of Business has created an advanced management program, the Key Executive MBA, designed for senior executives and business leaders. … Pamplin College of Business at Virginia Polytechnic Institute is partnering with the school’s College of Engineering to offer students the opportunity to earn both a Master of Business Administration and Master of Industrial and Systems Engineering within the same two-year period. Slated to start this fall, the program will replace an existing MBA concentration in systems engineering management. Students in the 53-credit-hour program would complete the core requirements for the MBA and dedicate their elective credits to completing requirements for the master’s degree in industrial and systems engineering. … The Wisconsin School of Business has joined with HEC Paris, HKUST in Hong Kong, and INCAE in Costa Rica to start a Global Real Estate Master program. Students from around the world can elect to start the program at any of the three business schools, and will complete the program with a semester at Wisconsin.

San Francisco State University is expanding its MBA course offerings with an accelerated Executive Master of Business Administration program with a sustainable business emphasis. The first cohort will begin in January 2011. … The Grenoble Graduate School of Business is continuing to expand in the UK through its alliance with the London School of Business and Finance. Starting this September, GGSB will offer its Master in International Business program in Manchester. … Henley Business School has launched an Executive Education Portfolio, which features 13 new programs in such areas as human resources, systemic innovation, reputation management, and leadership. … Classes are set to start in August in the new Jindal Global Business School, created by O P Jindal Global University.West Virginia University’s College of Business and Economics is starting an online executive MBA.

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