women-mbas.jpgThere are lots of women studying to become doctors. And tons wanting to be lawyers. But, for some reason, women are not breaking down the doors of MBA programs dying to enroll.

Based on recent data, women made up nearly 50 percent of enrollment at law and medical schools, but only 27 percent of the pie in MBA programs.

Now, I want to preface this whole blog post by saying I’m not advocating women run out and get MBAs. I have written in the past about how an MBA isn’t always a guaranteed ticket to career success. But I think it is curious that more women are not pursuing this higher business degree, and in turn not ending up in the upper echelon of the business world, or the corporate world for that matter.

So what the heck is going on? Why aren’t more women pursuing an MBA?

I spoke with Elissa Ellis Sangster, executive director of the Forté Foundation, a group that promotes MBA and other forms of business education for women, and she had an earful to say about the matter.

“Young women really don’t understand what options there are in business,” she explains. It’s not all about Wall Street, she says, there are tons of options for savvy women who hold an MBA in their hands, everything from working for non profits to entrepreneurship.

The people in women’s “influencer set” - including family, friends, career counselors - tend not to steer females toward business, especially women who are initially all about liberal arts in college.

“For women,” she adds, “there’s a disconnect between the nurture idea and wanting to do something good, and the message they get from business. They see negative imagery out there. They see it as not contributing to society.”

HELLO GALS OUT THERE!!

Is anyone paying attention to the news? There’s a mortgage crisis going on in this country that was perpetuated by people in the business world, Wall Streeters and bankers, and, they were mainly men at the helm of this. I’m not bashing men here, it’s just the reality of who runs these organizations.

Tell me this mortgage mess has not impacted society profoundly.

OK, sorry, got off track a bit. Back to Ellis Sangster.

While she says an MBA or a career in business isn’t all about money, it is also all about money.

And what’s wrong with that? Money isn’t dirty. It can be used for great good if we want it to. But we won’t have any say in it being used for great good if we’re not in the business driver’s seat with men.

How come we think it’s odd for women to want money or to have control over money? This goes to the heart of why women are still making 75 cents on the dollar compared to men and why our numbers are dwindling in the corner office.

Look, an MBA is no guarantee that you’ll make it to the top, and Ellis Sangster agrees with that, but it will give you a boost of confidence in the workplace and it will shut up some of those lunkheads in the business world that already think you have a strike against you because you don’t have a penis.

I don’t want to sound cynical here, but there still is bias in the workplace and every female executive I’ve interviewed has experienced it. When you walk in the door of a new organization or a new division, an MBA will definitely give you that little boost of credibility because naysayers will at least know you committed yourself in some way to the business cause.

To help women think a bit harder about MBAs and business, the Forte Foundation holds forums with successful female MBA holders around the country, and they’ve also started going to campuses to talk to young girls about careers in business.

Parents also need to get involved and talk to their daughters about all types of careers without excluding the potential of a job in business, advises Ellis Sangster.

Interestingly enough, she often gets calls from dads wanting information on how their daughters can pursue an MBA. But the moms never call, she says.

Man, we have a long way to go.

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