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Europe is one of the better places in the world when it comes to gender equality issues. But even MBA graduates must face unequal opportunities for women.
A recent study by the Forte Foundation found that while women see a pay rise of about 63% post-MBA, there is still a gender pay gap for many MBA graduates.
So, taking into account factors like gender pay gap, female employment rate, the number of successful businesswomen, and the percentage of women in government positions in your target country is important.
These factors and more form the basis of a new study which highlights the best countries to live in as a woman in Europe.
In the MyVoucherCodes study, the European countries with the lowest gender pay gaps were Norway (25.9%), Slovenia (27.7%), and Sweden (28.8%), while the UK ranked as having the fourth largest gender pay gap at 80%.
The UK has the highest gender pay gap in the top 30 European Countries for women, and is behind only Bosnia and Herzegovina, Malta, and Turkey in the top 40.
In terms of female employment in a country, Iceland (72.5%), Switzerland (62.8%), Norway (60.8%), and Sweden (60.8%) come out on top. Germany is home to 12.5% or 32 of the world’s female billionaires.
Below, we've considered the top 10 countries in the context of your business school application.
Here’s the top 10 European countries for women in business school:
10. Slovenia
Notable business school: University of Ljubljana, Faculty of Economics, IEDC - Bled School of Management
Gender pay gap: 27.7%
Female employment rate: 51.4%
Number of female billionaires: 0
Weeks paid maternity leave: 15
Total score: 57.50
9. Netherlands
Notable business schools: Rotterdam School of Management, Erasmus University, Nyenrode Business Universiteit, Maastricht School of Management, Tias Business School, Tilburg University
Gender pay gap: 47.3
Female employment rate: 57.9
Number of female billionaires: 1
Weeks paid maternity leave: 16
Total score: 57.4
8. United Kingdom
Notable business schools: London Business School, University of Oxford: Saïd, University of Cambridge: Judge, Cranfield School of Management
Gender pay gap: 80%
Female employment rate: 56.9%
Number of female billionaires: 2
Weeks paid maternity leave: 52
Total score: 58.81
7. Republic of Ireland
Notable business school: University College Dublin: Smurfit, Trinity Business School at Trinity College Dublin
Gender pay gap: 51.8%
Female employment rate: 52.7%
Number of female billionaires: 0
Weeks paid maternity leave: 42
Total score: 59.36
6. Finland
Notable business schools: Aalto University, Hanken School of Economics
Gender pay gap: 38.2%
Female employment rate: 54.7
Number of female billionaires: 1
Weeks paid maternity leave: 18
Total score: 59.89
5. Sweden
Notable business school: Stockholm School of Economics
Gender pay gap: 28.8%
Female employment rate: 60.8%
Number of female billionaires: 8
Weeks paid maternity leave: 12
Total score: 60.87
4. Iceland
Notable business school: Reykjavik University School of Business
Gender pay gap: 40.9%
Female employment rate: 72.5%
Number of female billionaires: 0
Weeks paid maternity leave: 13
Total score: 61.42
3. France
Notable business schools: INSEAD, HEC Paris, EDHEC Business School, EMLYON, ESCP Europe, NEOMA
Gender pay gap: 42.1
Female employment rate: 50.5
Number of female billionaires: 4
Weeks paid maternity leave: 16
Total score: 61.91
2. Norway
Notable business schools: BI Norwegian Business School, NHH Norwegian School of Economics
Gender pay gap: 25.9%
Female employment rate: 60.8%
Number of female billionaires: 3
Weeks paid maternity leave: 45
Total score: 63.11
1. Germany
Notable business schools: Frankfurt School of Finance & Management, Mannheim Business School, ESMT Berlin, WHU: Otto Beisheim School of Management
Gender pay gap: 45.5%
Female employment rate: 55.1%
Number of female billionaires: 32
Weeks paid maternity leave: 14
Total score: 68.35
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