More women entering the business world by enrolling in MBA programs

More women entering the business world by enrolling in MBA programs

While some stereotypes dictate that women who earn MBA degrees use their business education for humanitarian purposes rather than financial gain, new research suggests that businesswomen now want the same things as their male counterparts.

Many women who choose to enroll in business school to earn a masters degree report that they do so to boost their career prospects in the consulting or investment sectors, the Financial Post reports. Others may pursue an MBA after realizing that their bachelors degrees are not enough to help them survive the competitive job market.

However, female professionals are still more likely than men to focus on obtaining a work-life balance than a high salary.

Annaleigh Greene, who earned her MBA from Corcordia University's John Molson School of Business, told the news source that "generally, women don't just look at the bottom line in terms of what their salary is," and may be more likely to ask for "an extra week of vacation, flexible hours or a compressed work week" than a raise.

Increasingly more women are choosing to enroll in campus-based or online MBA programs, as ApexWriters reports that some of the top business schools saw enrollments of female students rise as much as 4 percent last year.

By Stefanie Hughes