Women account for just 9.4% of American mutual fund managers -- well below the global average -- even though mixed-gender teams tend to deliver better results, according to research from Morningstar. One possible reason for the gender gap is that only "15 to 20% of women MBAs go into finance," notes Elissa Sangster, executive director of the Forté Foundation.
Google Americas President Margaret Georgiadis has been selected to serve as CEO of Mattel. Georgiadis, who has previously worked for Groupon and Discover Financial Services, was set to take over today.
Issues such as equal pay and the gender gap in tech were discussed at the World Economic Forum in Davos, Switzerland, but the event's attendees were still mainly men. Here's a look at what it's like to be a female attendee at the event.
The percentage of women occupying board of directors positions at public US companies is increasing but won't reach equity until 2055 at the current pace, an Equilar study shows. Europe's rate is higher, in part because some companies have set quotas.
Stereotypes that are present in advertising serve to reinforce the gender gap, Facebook Chief Operating Officer Sheryl Sandberg said during an appearance at the recent World Economic Forum, where she was joined by Unilever Chief Marketing Officer Keith Weed. Six in 10 women say stereotypes have affected their careers, according to a study released by Unilever.
Applications for 218 programs worldwide accredited by the Association of MBAs increased by 5% in 2015 after falling 14% during the previous four years, the association reported. Worldwide enrollment in MBA programs overall decreased 13% between 2011 and 2015, data showed.
Robert Kelley, a professor of management at Carnegie Mellon University, is preparing a presentation on how men can support the drive for equality in the workplace and at home. "Many men have felt like outsiders and did not know how to get involved," said Elissa Sangster, executive director of the Forté Foundation, which has launched an initiative to help male MBA students understand how they can contribute to gender equity.
During job interviews, academic professionals should use storytelling techniques such as dialogue and emotion that will engage the interviewer, writes David Jensen, founder of CareerTrax. However, such stories should be kept concise and serve to display how the candidate overcame a personal or professional challenge, he notes.
Forté Foundation is a consortium of leading multinational corporations,
top business schools in the U.S. and abroad, and the Graduate Management
Admission Council (GMAC). Forté has become a powerful change agent directing
women towards leadership roles in business and enabling corporations to more effectively
reach and retain top female talent. It is the only organization that provides a national
infrastructure for women at all stages of the career continuum to access the information,
scholarship support and networking connections they need to succeed in business careers.
Learn more at