Empowering Women: Unlocking Career Success with an Executive MBA
Shatter the invisible glass ceiling that impedes women's progress in the corporate world.
In today's corporate world, despite the proven bottom-line benefits of appointing women to C-Suite and global leadership positions, they are still vastly outnumbered in the boardroom.
According to a 2021 article in Fortune Education, only 7.4% of Fortune 500 CEOs and only 27% of Fortune 500 board members were women. Although the pursuit of gender equality and equity continues to gain traction, gender disparities persist, and women face unique challenges in reaching their full career potential.
However, a promising trend has emerged, with an increasing number of women choosing to embark on the transformative journey of pursuing an Executive Master of Business Administration (MBA) program to propel their professional growth.
According to EMBAC, the percentage of female enrollment reached a new high of 34.% in 2022, compared to 33.4% in 2021 and just 30.1% in 2017. This article considers the unique benefits an Executive MBA offers women seeking to elevate their careers.
The Executive MBA Advantage
From Day One, an Executive MBA helps participants gain new insights and perspectives as they contribute to an experienced and dynamic international cohort. This helps develop the strategic mindset and global vision needed to drive transformation, solve complex problems, and create innovative and sustainable business solutions. Linda Benzid, EDHEC Executive MBA Alumna, found it helped her refocus her outlook as well as her career goals.
‘I was already managing a major portfolio in my company. But at fourty, I was wondering about the future: how to go further? What do I really want to pursue? In what direction do I want to evolve? I felt that if I wanted to open new perspectives for myself, I not only needed to get a recognised degree but also to strengthen my skills in strategic fields, such as Finance.’
The EDHEC EMBA programme is tailored to align with participants' unique business and career ambitions to help them develop an authentic, confident leadership style aligned with their values, ethics, and principles.
And the impact on earnings potential? According to the 2020 Executive MBA Council's student exit survey, the average compensation package on enrollment was $169,269. By graduation, that had increased to $193,200, suggesting that the value delivered to the student's employer was acknowledged even while the programmes are in progress.
For women seeking to propel their career to the next level, an Executive MBA offers a comprehensive toolkit of cutting-edge skills and knowledge that can help women overcome gender biases and effectively advocate for themselves in the boardroom. It helps make a clear case that they need to receive the compensation that reflects their value to their organisation.
Smashing the Glass Ceiling
An Executive MBA can be a powerful catalyst for shattering that invisible glass ceiling that often impedes women's progress in the corporate world.
Success stories abound of women who, armed with an Executive MBA, have defied the odds and achieved remarkable career growth. Women like Sonia Botta, now VP, Global Citrus at Firmenich, the world's largest privately-owned fragrance & flavor company, who sees her career as a continuous "work-in-progress" and describes herself today as a "2.0 version of myself thanks to the EDHEC EMBA."
The knowledge and skills gained through an Executive MBA empower women to challenge traditional norms and assume influential organisational roles, thus setting new benchmarks for success. They become well-versed in strategic decision-making, adept at managing diverse teams, and skilled in navigating complex global markets.
WEBINAR: How to break through the glass ceiling
Building a Strong Network
Networking plays a crucial role in career advancement. An Executive MBA provides unrivalled opportunities for rich exchanges of ideas with a globally diverse cohort, and expansion of professional horizons.
Executive MBA programmes cultivate an extensive alumni network comprising accomplished leaders and industry experts. These connections offer access to guidance, and potential business partnerships. For women, building a powerful network with other participants as well as within EDHEC’s vibrant Executive MBA Women’s Society, enhances their professional prospects and provides a support system that champions their ambitions. According to Sara van Leuven, EDHEC EMBA 2023 “the society reinforces the alliance between female alumni and executive MBA participants, creating a unique network of support, advice, mentoring and business opportunities.”
"Building an Executive MBA network for women in business at EDHEC is crucial to provide participants and alumni with greater access to resources and share new opportunities with one another. Together we are stronger as we collaborate to close the gender gap."
Stephanie Levy
EDHEC Executive MBA 2022/23 participant
General Manager DACH at Inspera
Overcoming Imposter Syndrome
Imposter syndrome is a common challenge faced by women in leadership positions. Despite their qualifications and achievements, women may doubt their abilities, fearing that they do not deserve their success. An Executive MBA can serve as a powerful antidote to this way of thinking which, all too often, puts a brake on career progress.
The rigorous curriculum, coupled with an environment of intellectual stimulation and peer support, validates women's capabilities. Engaging with seasoned faculty and industry leaders instills confidence and reassures women that their expertise is valuable and their contributions are essential.
An Executive MBA journey helps women reframe their mindset, embracing their achievements and role as deserving leaders.
Navigating Work-Life Balance
Women face unique challenges when balancing their careers and personal responsibilities. Pursuing an Executive MBA requires careful consideration and effective time management.
Many Executive MBA programmes offer flexible learning options, allowing women to customize their study schedules according to their personal needs and help them navigate the complexities of work-life balance successfully. Linda Benzid, EDHEC Executive MBA Alumna explains how this flexibility helped her:
‘... whether you have toddlers or teenagers, I think it is all manageable with a little organisation. Especially as you share these issues with your classmates: you can talk about it, share your experience, and support one another. Most of the time, we remind ourselves that it’s only for sixteen months. It’s like a race: once you’ve crossed the finish line you only remember the good times and you forget about the harder moments.’
Success Stories
At EDHEC, we celebrate the success stories of women who have already blazed trails for others. We continue championing gender equality in business, inspiring future generations of women to dream big and shatter glass ceilings. With increased representation and continued efforts, we can create a business world that thrives on the strengths and talents of all individuals, regardless of gender.
Discover the impact of EDHEC's Executive MBA:
Linda Benzid, EDHEC Executive MBA 2021
Sonia Botta, EDHEC Executive MBA 2017
Stephanie Levy, EDHEC EMBA 2023
Sara van Leuven, EDHEC EMBA 2023
Transform your career with an Executive MBA
The EDHEC Executive MBA offers a unique opportunity for women to reflect, review, and redefine their personal and professional goals. From day One, new skills are developed via an exciting and flexible mix of cutting-edge theoretical insights and action learning that will transform your outlook and career success.
Are you ready to transform your career with an Executive MBA?