Mon, 17 Aug 2015
Prior to the ABDC meeting on 7 August, Macquarie Graduate School of Management (MGSM) hosted a breakfast session on ‘Partnering for Corporations for Diversity’. Former NSW premier Kristina Keneally, who was recently appointed MGSM's Director of Gender Inclusion, led this session to highlight the under-representation of women in MBAs - most MBA programs worldwide have only 35 per cent women.
Five ABDC business schools will expand the Women in MBA (WiMBA) initiative set up by the MGSM in 2014. WiMBA aims to redress this gender imbalance by offering scholarships in partnership with business. Kristina said that for some the WiMBA financial support was crucial but for others it was their employer's commitment to offer flexible working, study support, mentoring and career planning – all key features of the WiMBA program.
Monash University, the University of South Australia, Curtin University, the University of Wollongong and Macquarie plan to offer MBA scholarships to more than 320 women, giving them either a full or partial MBA scholarship. Under the "Women in MBA" scheme, agreed to by the five business schools, funding will more than double to $17.1 million, counting the matching support which is expected from employers.