Business schools are eager to be seen as working towards gender equity. Harvard Business School, for example, has been experimenting with techniques to support female students. Other schools have professors who lecture on females in the workplace. Babson College runs the Center For Women’s Entrepreneurial Leadership, which is targeted at female students who wish to run their own businesses.
Everyone, it seems, is keen to promote advantages for women.
Yet although women are making strides in education generally, accounting for a majority of university students overall in most developed countries, they remain in a minority in business schools.
Data from the Graduate Management Admission Council, which runs the Graduate Management Admission Test, might help explain why this is the case. The problem is that women appear to underperform men by about 20 points in the GMAT. In the 2011-12 testing year the mean total score for men was 557, while the mean total figure for women was 536. The top score in the GMAT is 800.