July 20, 2007

silhouette3.JPG From the desk of Jane Galt:

Of women and business school, Felix Salmon writes:

Elissa Ellis-Sangster is one of those women who use phrases like "move the needle" – someone who talks about "putting value and importance on diverse leadership" when she could just say "promoting women". And so I wasn't sure what she was talking about when she was quoted in today's WSJ on the subject of female enrollment in MBA programmes:

When schools raised the work experience level to five years or more, it became a big issue for women who wanted to go back for their M.B.A. soon after college, before they started thinking about having a family.

Thankfully, Dana Cimilluca was there to translate:

One of the big challenges to increasing female enrollment in M.B.A. programs is pregnancy. The five years or so of experience that many business schools want their students to have before enrolling is a tall order for a woman planning a family.

Which is slightly clearer, even if it still doesn't make a huge amount of sense. Do they mean that women often have babies within the first five years of entering the workforce, and that therefore it takes them longer to get five years' experience? Or is it that women with small children are less likely to want to take an MBA, because at that point they have a child to support? In that case, women would be less likely to enroll in MBA programmes requiring five years' experience just because they're more likely to be mothers at that point. Or is it just that women don't want to be pregnant during their MBA, and that six years after joining the workforce is a time when they often are pregnant?

If it's the first, I think it's no big deal: it really doesn't matter if the women in an MBA programme are slighly older than the men. But if it's one of the latter two, then the problem isn't the five-years-experience rule, so much as it is the hesitance on the part of pregnant women and mothers to go to business school. Ellis-Sangster thinks the solution to the problem is for business schools to require less experience of their MBA students. Maybe it would be easier and more effective to simply make more of an effort to accommodate mothers, as well as the childless.

The problem isn't the schools; it's the employers. Business school is essentially prep-school for certain jobs. My high school was a very structured programme designed to propel you into an ivy league school at the end of it; business school was a similarly structured system for getting you into a top-tier investment banking, consulting, or marketing job.

Everything happens on a well set schedule, and you spend about the first year and a half, out of two years, recruiting. No one in their right mind wants to be job-hunting while pregnant, and frankly, no employer in their right mind would engage anyone to learn a new job while simultaneously mastering the care of a squalling infant. Thus, you can realistically expect not to be able to get pregnant while in business school, and it wouldn't be a great idea to have a baby until you're a few years out of school either. If you want to spawn much before 32, you oughtn't to get an MBA, and there's nothing the schools can really do about that.

But the proposed system, admitting 23-year olds, is also terrible. Business school is much improved by being free of smart but aimless kids looking for a way to stay in the academic cocoon a little longer. And people like me, with my fetching 2.93 undergraduate GPA, could never, ever have gotten into a top-ten school if those intervening years hadn't given us a chance to grow up. Nor would the people from Eastern Illinois State and the University of Takoma, mostly people from lower-middle class backgrounds who went where they could afford to go, and needed the five years of work to demonstrate that they were rising stars.

If you admit younger applicants, you'll miss all of those people; the nation's top business schools will be filled with a bunch of extremely affluent kids from top-ranked universities who majored in economics--and almost no one else. That would make the programme substantially worse in all sorts of ways, not least because the skills needed to make a good college student are not necessarily the same skills that make you a great banker, consultant, or entrepreneur, or even a good MBA candidate.

Posted by Jane Galt at July 20, 2007 5:11 PM | TrackBack | Technorati inbound links"); ?>
Comments

I happen to be a pregnant MBA student and I think that it actually has the potential to work out quite nicely. Being a student for the first few months of my child's life, I will have a more flexible schedule that will allow me to be home, and I won't have the big void on my resume that supposedly will set me back by taking time out later in my career. There will certainly be hardships and tradeoffs, but I do not believe these would be made better by sacrificing the quality of my education.

Posted by: Joscelynn on July 20, 2007 6:00 PM


The five year rule is a good guide to follow, whether it should be four, or eight, or even ten, they all have their adherents. As you put it, if you allow the snotty-nosed kids instant access to the MBA programme, with no world experience and a great GPA/aptitude test, then you automatically draw your MBAs from a much smaller pool of potential talent - kids who go to ivy leage prep schools/ivy league univerisities, and more money than cents, usually.

I felt like a completely unclued person until I was about 25 years old. Then, every kind of...clicked, and then alot of things became much easier than they had, and I attribute it to have enough world experience where I had to make decisions (and live their consequences) on my own, not my parents, the school, or whatever bureaucracy I was associated with.

Definitely, if you go with the continuing pressure of preferential treatment for certain groups, you skew your population, and you then tend to end up with a skrewed result. My thought is a minimum 5 years, but 10 might make you a much better student and valuable post-education employment. It's easier to say that, being on the far, far side of 40, than it would've been at 25.

Posted by: falkoyn on July 20, 2007 6:00 PM

A 2.96 GPA and U Chicago Business School? What was your GMAT score? 8000?

Or are you considered a disadvantaged minority because of your great height and contrarian political views?

It must have been affirmative action that got you admitted...

Posted by: Dave on July 20, 2007 6:38 PM

in essense this boils down to the answer we don't have about the crash between physical reproduction, and the world of unintended consequence, timing, and staying in the workstream.

In this, women who desire a family will always be at a disadvantage. It's the answer we don't have.

I have a friend who is a research scientist [think human genome project]... who explained to me in detail about why it didn't matter if she wanted children. There was pretty much no way to do it. As one of the few females even doing the research, she couldn't stop anywhere along the line, or she would risk being overtaken by events or someone else. Falling out of stream. She was long past worrying about it, but simply told me it was her choice. I told her it reflected badly on our society that we couldn't figure it out...

It would require draconian and repugnant laws to make it equal though. [IMHO, natch...] Because basically you have to account for the fact that part of your workforce takes themselves out of it possibly more than one time in their career. And yet you need to be able to add them back, when they are done. And you have to account for the fact that they may decide NOT to come back after you have held their job open...

That fact is central to all of this. The corporate mommy track, the question of when an MBA works, the science... etc... All of these things are flowed in such a way that you cannot take yourself out of stream without some consquence. In the extreme, you crash your career.

Sure you can make a law... but then you also have to make a law to keep competitive advantages from tilting the playing field and you have to measure the impact... Ultimately you end up with central planning socialism. Because everyone has to fund the additional overhead you pay for...

Anyway, that is kinda tangent to the current argument, but it seems like this argument is different dressing on a more basic one...

D

Posted by: d on July 20, 2007 8:02 PM

Life's a bitch. You can't have a cake and eat it too. I think the 2 years MBA model is outdated. The top schools in USA should adopt what Europe is doing. Have 1 year intensive MBA and heavily recruit older candidates who have been in the industry for well above 8/10 years who know what they want to do with the MBA. I just don't get these early 20's getting MBA's just because they have a dream of becoming a CEO of a major company one day.

Posted by: madman on July 20, 2007 9:23 PM

I don't think it's the pregnancy that's keeping women off the MBA schools. If the statistics to be trusted, there are more women in graduate programs (LAW, Medicine,etc.) than men these days. Obviously these women have no issues with the pregnancies as we all know that LAW and Medicine or even some PHD's can take up to 6/7 years by the time you are done.

Business as a whole; the type-a personalities, the deal making, the cut-throat BS don't appeal to women as much as it does to men. It doesn't appeal to men either but this is what some men, including myself have come to accept it for whatever reasons. Business is not fun, it doesn't enrich your soul, and at the end of the day it doesn't make you happy. That's why women do not go to MBA in droves.

Furthermore, women can always marry the hotshot investment banker or the IT billionaire, right?

Posted by: madman@man.com on July 20, 2007 9:34 PM

It's highly unlikely I'll ever be in the room with that hotshot investment banker or internet billionaire, and the competition for *that* job slot is more intense than anything I'm likely to experience in business, with less likely reward.

That being said, I agree that compressed MBA programs make more sense, but might not make enough sense to be practical for many women. After 10 years in business, I earn enough so that 1 year off, plus $30K to $80K for a good to top program, is money I would never recoup from the MBA itself. (I already make more than the average MBA grad.)

Posted by: Twill00 on July 20, 2007 11:49 PM

I am no expert on this, but it seems like these days, a lot upper-middle class women don't get pregnant until 35 or so. Therefore, they do have time to go to B-school, law school, or whatever.

I am not saying this is good or bad, just that it's what a lot of people seem to do these days.

Posted by: Joe Schmoe on July 21, 2007 8:44 AM

D: "I told her it reflected badly on our society that we couldn't figure it out... "

Why? Having a kid (I have two) is a fulfillment thing like religion, marriage, or hobbies. It will not necesarily make you a better employee. Why the hand-wringing that people have to make choices?

Would you think life is equally unfair if your friend wanted to quit for a year and sail around the world on a merchant steamer, or follow the Grateful Dead for a year, or join a Buddhist Monastery?

Feminism is about GETTING choices, not "I want one of everything I see." Men don't get one of everything either...it's either poor and involved, or rich and estranged. I, myself, am neither as rich nor as involved as I'd be absent the requirement to compromise.

Posted by: bristlecone on July 21, 2007 11:54 AM

Compressed and accelerated MBA programmes don't make much sense to me. I entered B-school with a CFA and seven years in the investment business, and after spending two years taking relevant coursework at a top school and notching near-top-of-my-class marks, I graduated knowing only a small fraction of what a person needs to know to do my job well.

Taking fewer classes, or an equal number of classes in a shorter amount of time, would only make me worse off.

Maybe it would work for bankers (there are only so many ways to build an LBO model) and salesmen (as no one on the buyside who matters listens to them no matter how smart they are), but many of the rest of us could use one or two or three more years. And we can't get them autodidactically after graduation because we work 80-hour weeks.

Posted by: Bob Dobalina on July 21, 2007 1:19 PM

Also, I can't believe that I just wrote "programmes."

Posted by: Bob Dobalina on July 21, 2007 1:20 PM

In this, women who desire a family will always be at a disadvantage.

There is always surrogate pregnancy. A bit expensive at the moment, but in years to come, it might be sensible to outsource it to countries with lower labour costs (as it were).

Posted by: suggestion on July 21, 2007 1:36 PM

A high average student age was one of the key criteria for my choice of business school, and I am very glad it was. I learned at least as much from my fellow students bringing to bear their real world experience of business problems to the course material as I did from the faculty and more formal elements of the course. And for us to create that value for each other, we had to have real experience - not just of being employed, but from having progressed sufficiently far to have encountered and had to deal with (not just observed) real business challenges.

Mine is also a vote for the one year programme. It was the most intense year of my life, but I was not under any illusion that somehow having an MBA would give me all I needed to do any job well. It's being a one year course also, I strongly suspect, made it much easier to get together the experienced and committed student body I valued - and that experience and commitment in turn allowed us to be extraordinarily productive during the year.

Posted by: marek on July 21, 2007 6:56 PM

Suggestion, in an earlier thread I described the research benefits (albeit tongue-in-cheek) of bringing to full term a little nipper when there is no organic human female involved (why do that when there are corporate/research windmills to tilt at?). Of course, I didn't address the possible necessity of such a development and birthing might do to the young protoplasm?fetus>baby.

Posted by: falkoyn on July 21, 2007 8:16 PM

I am in favor of the 5 year rule, plus a work full time requirement. I am also in favor of fulltime night school (8 hours per trimester) for 5 consecutive trimesters. The 5 years of experience allows the students to bring a great deal to the classroom. Night school allows the professors to work full time as well, which means they have "been there, done that". I did it that way and would recommend it to anyone. Also, doing it that way, my employer paid for most of it, which helped a bunch both during and after.

Posted by: Ed Reid on July 21, 2007 10:41 PM

Where I went, we had about 3/4 of the students had work experience and the remainder were right out of undergrad. This worked out pretty well since we had a critical mass of people with something to bring to discussions and still got to have plenty of "foils". The kids could be depended on to ask stupid questions that would move things forward.

I'm not sure how much value the kids got from the program, other than the credential. They didn't cause the program as a whole to suffer.

dbp

Posted by: David Pecchia on July 22, 2007 9:20 AM

falkoyn: Those 9 months of pregnancy aren't the main problem. For the next 18 years the mother's time isn't her own...

Posted by: markm on July 22, 2007 11:33 AM

markm, there's definitely a difference in the way a person should live their life, if there are young in the nest. I think you overstate the 'time isn't her own' just a wee bit. There are too many factors to really discuss it well, but I'd hope there was an adult male of the species well-represented in the family, in which case the tenor between the parents matters tremendously as to whether undeveloped sopranos, altos and baritones are raised with just that right touch of discipline, leniency, nannying and love.

If the '...mother's time isn't her own...' is the single most factual content of her life, the balance is skewed.

Posted by: falkoyn on July 22, 2007 12:26 PM

One of my favorite topics. I was really annoyed that I had to be so old by the time I graduated from business school. But I wouldn't compress business school or waive the work requirement. High school and college were largely a waste - just passing time to get the credential. 6 years combined would have been sufficient. (In retrospect, I realize I could have cut a year out of undergrad, but I was too late to do it. And it wasn't because I went to a crummy school. I went to supposedly one of the top 5 schools in the country.) Pushing 30 at graduation is tough for having a family. You want to be established in your career, not proving yourself, when the kids come.

Posted by: Jenny on July 24, 2007 1:38 AM

One of my favorite topics. I was really annoyed that I had to be so old by the time I graduated from business school. But I wouldn't compress business school or waive the work requirement. High school and college were largely a waste - just passing time to get the credential. 6 years combined would have been sufficient. (In retrospect, I realize I could have cut a year out of undergrad, but I was too late to do it. And it wasn't because I went to a crummy school. I went to supposedly one of the top 5 schools in the country.) Pushing 30 at graduation is tough for having a family. You want to be established in your career, not proving yourself, when the kids come.

Posted by: Jenny on July 24, 2007 1:38 AM
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