We are almost at the end of the blog... so it's time to bring up again an important subject: the gender pay gap. To do so, we will use an article from the Financial Times which uses data for masters in management rankings over the past decade, for alumni three years after graduation. Some facts illustrated with figures:
- Three years after graduating with a masters in management, the median salary for men is higher than for women in every sector of employment. Healthcare and finance have the greatest gender pay gap.
- When the pay of men and women is compared by seniority, women are ahead only in mid-level management positions.
- Finance and consultancy have always been the top destinations of Masters in Management graduates. Together, they represent 45-50% of the alumni.
- Law, finance and consultancy are the sectors with the highest salaries.
- Most alumni who moved to a different country after graduating in MiM see a rise in salary, specially in healthcare. Law is the only sector where movers see a lower mean salary.
Image from ft.com |
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