For Women, It’s a Matter of Timing
Diversity ▶ Taking younger students would draw more female applicants ▶ “There’s no question that we would get more women in”
Today, women are almost as likely as men to fill the seats of medical school and law school classrooms. Yet the share of women enrolled in full-time MBA programs hasn’t risen above 32 percent in the past decade,
elite business schools have ratcheted up the amount of aid targeted to female applicants. In 2015, 36 MBA programs affiliated with the Forté Foundation, a consortium of B-schools and corporations that promotes the advancement of women in business, awarded $18.5 million in scholarships to women, up from $5.6 million in 2010.
“There is no better time to apply to an MBA program for a woman,” says Idalene Kesner, the dean at Indiana University’s Kelley School of Business. When Kesner’s daughter, who’s 26, mentioned she was thinking about business school, Kesner advised her to pounce. “My advice is, ‘ Think now, think fast.’ ” �Natalie Kitroeff
The bottom line B-schools have made less progress than law and medical schools in boosting female enrollment, which is stuck at 32 percent.