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1、Market IntelligenceInsights for the European Women Business School PipelineNovember 20221 Graduate Management Admission Council(gmac)|Research BriefDespite advances in gender equity in some industries,the business world is still a place of gender disparity.Today,there are only 74 female CEOs employe
2、d in Fortune 500 companies,a statistic that translates to just 15 percent female representation at Americas biggest companies.While progress is being made in the business worldin 2021,there were just 41 female CEOs in the Fortune 500gender inequality will take longer to combat.Creating gender parity
3、 in the business world is a complex task,with a myriad of different factors to consider.One crucial area,however,is business education.Across the world,women remain underrepresented in graduate management education.Despite showing interest in pursuing GME,women face significantly more barriers to at
4、taining postgraduate degrees,and this in turn affects how women forge long-lasting careers in the business world.In October 2021,the Graduate Management Admission Council(GMAC)released The Global Diversity of TalentAttainment and Representation report.Data gathered in this report showed that worldwi
5、de,45 percent of GME degrees are held by women.However,slightly more women than men hold bachelors degrees in business,administration,and law(26 versus 25 percent),suggesting that the route to GME for women is not straightforward.Significantly,the report showed that Europe specifically lags in gende
6、r equality in GME.In this region,38 percent of GME degrees are held by women,lower than the global average referenced above and other regions such as the North America(43 percent)and the Middle East(40 percent).Evidently,more work is needed to improve accessibility in GME for women particularly in E