GMAC 2013 Women and Graduate Management Education report: Masters in Finance Most Popular | Marketing & Sales Popular Function

GMAC has released the 2013 Women and Graduate Management Education report. The report is based on data collected from 2003 to 2012, and offers details of women as they have progressed from management education to careers in management.

Here is the summary of the key findings

1) 2012 Volume: 122,843 Women took GMAT tests in 2012, representing 43% of all the GMAT test takers.

2) Growth: For the fourth consecutive year, Women GMAT test takers have crossed the 1,00,000 mark showing a 43.72% growth from 2003

3) Largest Representation: US women showed the largest representation (38%) of the global Business School women applicants.

4) Top 5 Countries where the number of women test takers exceeded men counterparts were from China, Taiwan, Russia, Thailand and Vietnam

5) Fast Decision: Women applicants took  3.4 years to decide whether to join a Business School against 4.75 years for men

6) Full-time MBA: In 2012, 46% of all Women GMAT test takers intend to join Full-time MBA program in 2012

7) MS Finance More Popular: According to 2012 data, Masters in Finance was much more popular among GMAT test takers with 3.6 applications sent to Finance Programs against 3.4 applications to Full-time two year-MBA programs

8) Africa & Central Asia – More Entrepreneurial: Of all the women GMAT test takers surveyed, the region with the largest percentage of aspiring Entrepreneurs were from Africa (38%) and Central Asia(36%).

9) Top Industries: Women MBAs and Management professionals were mostly employed in products and services (19%), finance/accounting (18%), and consulting (17%)

10) Top Job Functions: Women Management professional took preference for Marketing & Sales (25%), followed by Finance/Accounting (22%) and consulting (17%)

11) Leading European Countries: The greatest number of GMAT female test takers in 2012 was from Germany, France, and Russia.

Download GMAC Report (383 KB)