Female graduates from top MBA programs average 93% of their male classmates down from 98% cents in 2002 according to BusinessWeek’s latest biennial survey of MBA graduates.
Female graduates from the class of 2012 at the Wharton School of the University of Pennsylvania, for example, earned 86% of male wages, and those at Stanford Graduate School of Business earned 79% percent, Bloomberg BW reported.
2010 census data showed the largest gender pay gaps to be among insurance agents, personal advisors and securities sales agents. Female MBAs were paid, on average, $4,600 less in their first jobs than men, and that the gap widens to $30,000 by mid-career.
Source: BusinessWeek
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