Too few women are applying for the GMAT examination in India for pursuing courses like masters in finance, accountancy or an MBA, according to data shared exclusively with ET by Graduate Management Admission Council (GMAC), administrator of the GMAT test. The number of GMAT women test takers in India has risen by a mere 2% since 2009. In 2009, 76% male Indian citizens applied for the test compared with 24% women. In 2013, the figures stood at 74% males versus 26% women test takers.
In contrast, more women apply for the GMAT exam in China than men. Around 64% Chinese women citizens applied for the GMAT exam in 2013, compared to 36% males, according to GMAC.
Rohin Kapoor, senior manager, education practice at Deloitte, feels the skewed figures could be attributed to low female literacy rates, and low gross enrolment ratio for women in higher education. “As opposed to males, gross enrolment ratios for women in higher education are very low in India, and women pursuing higher education usually prefer streams like humanities and social sciences. China’s single child policy, which can enable higher literacy and gross enrolment ratios for women, also tilts the scales in its favour,” he says.
Some 61% Chinese women felt applying for GMAT would increase job opportunities compared with 49% in India.
However, Indian women rated the exam and masters courses highly for a sense of personal satisfaction and achievement at 55% compared to 43% in China. 59% Indian women also considered it to be a platform for developing their leadership and managerial skills compared to 43% and 45% respectively for women in China.
Earlier, MBA was straight jacketed, but with institutions being open to other streams apart from engineering, there is a growing demand from corporates for women MBAs,” he says.
Date: April 8th, 2014