Management, administration and law enroll 26.4 percent of students, nearly two percent more than men, a recent survey showed. Meanwhile, at the master’s level, 33.7 percent of men are more likely to study business, administration and law, which is 29.4 percent more than women.
The Graduate Management Admissions Council (GMAC) released the report “Global Diversity of Talent – Acquisition and Representation” to better understand representation in graduate management education (GME) degree colleges around the world. The survey surveyed more than 25,000 people between the ages of 20 and 34 seeking a master’s degree in business, administration or law.
Women in Europe are estimated to have only 38.4 percent of undergraduate professional degrees in this field, lower than the global average of 44.8 percent. While the majority of women from East Asia and the Pacific account for 51.7 percent of the region’s graduate business degree holders. When compared across regions, Europe has the largest share of people aged 30-34 in the GME pipeline at 41.8 percent, but those aged 20-24 have the smallest share of the GME pipeline at only 19.8 percent, which This suggests that many women in India and Europe choose to return to business school later in life.
The survey also highlights that African Americans are over-represented in the GME participation rate at slightly more than 3 percent compared to their white counterparts, who outnumber Americans at 2.5 percent.
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Among the seven regions studied, the largest pool of student-aged graduate business talent comes from East Asia and the Pacific, which is also the largest source of graduate degree holders in the fields of business, administration and law. While China and India contribute the most to both the undergraduate and graduate levels of business talent, the US comes in third. Two other notable inclusions in the top 10 sources are Pakistan and Turkey, with occupational grades of 28 percent and 40 percent of the country’s total bachelor’s degree holders, respectively.
Globally, more than 61 million people are believed to have obtained a master’s degree, with about 24 percent earning a GME degree. By region, the highest professional concentration among all master’s degree holders is seen in Latin America (33.1 percent), the Middle East (27.6 percent), East Asia and the Pacific (26.6 percent). In addition, Colombia (65.6 percent) and the Dominican Republic (64.5 percent). Women are over-represented within the student-age population of 20 to 34 who are believed to have earned a master’s degree in a subject in business, administration or law.
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