In 2024 admission an interesting fact came out as females are taking admission in MBA courses more than male candidates. The top 10 MBA colleges in India have 50% or more females in their 2024 MBA batch, indicating a positive sign of women empowerment. For having diversified and professional skills females are attracted towards this professional degree. Interestingly many female candidates opt for this course as they want to upskill themselves and utilize it in their business or startup. Let’s find out why more females are doing an MBA and what’s the future ahead.
- IIM Sambalpur enrolled 76% of female candidates in the 2024 batch.
- IIM C has enrolled 173 female candidates for their 2024 batch.
- Taxila Business School, TAPMI, BIMTECH, IIM Bengaluru has admitted 40% female students.
- MICA Ahmedabad has 47%, and IIM Kashipur has 42% women students in their batch.
- As per the college authorities, this change has been started because of the initiative taken by B-schools in India.
- The average salary for a woman in India has increased by 50% from 2022.
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Reason Why More Women Are Doing an MBA?
As Mahadeo Jaiswal – Director of IIM Sambalpur said their policy of an additional 5% cutoff for the female candidates in the interview round has increased the women’s enrollment. It increased the number of female admissions by 50% this year. Not IIM Samabalput other IIMs have also opted for this and saw an increase of 30% in female admissions.
IIM Kashipur, Admission Chairperson, Abhradeep Maiti explains “We encourage the entry of female students through special consideration during the admission process, keeping gender diversity paramount after the academic record.” Aniruddha, Outgoing Chairperson (Admissions) TAPMI said that there are 10 scholarships granted to female candidates on their merit which leads to more enrollment.
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One more major reason for the increase in female enrollment in MBA is awareness about career benefits. Many corporations promote gender diversity in their teams which leads women to take a job without any struggle. Flexible programs offered by Business schools are also one of the key reasons for women to be admitted to MBA.
Recently many women took up top designation in big companies such as Leena Nair founder and CEO of CHANEL, Roshni Nadar Chairperson of HCL, Anjali Sud CEO of Tubi, Jayshree V Ullal CEO of Arista Networks and Veenita Sing Founder of Sugar cosmetics have motivated women to take their career seriously. These women are role models and they develop an idea in mind of another female that they can also be on the top.
There has been a change in the business landscape in the last few years which supports giving more opportunities to women. It could be one of the reasons for the increase in several women in MBA courses.
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What’s the Future Ahead?
Well, the future from here seems beneficial for female candidates as more and more opportunities are waiting for them. Initiatives taken by business schools, scholarships by colleges and government, and equal opportunities in the private sector job market are good signs for women. Also if a female wants to pursue entrepreneurship there are many financial aids and subsidies provided by the government.
Diverse leadership has given the organization drastic results. Which is why they are more interested in hiring a women candidate than ever. Also especially in countries like India where women get fewer opportunities for studies in comparison to males. These all are positive signs. The reason is when people get to know that their daughters, sisters, friends, and women themselves can get top-level jobs, build huge businesses, and live their dreams then there will increase in women’s enrollment in studies.
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