Also Read → How Many Women Are CEOs At The Largest Companies In India And America?
Of all the female respondents to the recruitment survey, nearly 60 percent expect a monthly in-hand salary in the INR 1.10 lakhs to INR 2.00 lakhs range. To compare, closer to 67 percent of male respondents expect salaries in the same range, which is a marginal difference of 7 percentage points.
When compared with men, a greater percentage of women expect salaries on both ends of salary brackets. Women are more slightly more likely than men to expect salaries either less than INR 1.10 lakhs per month or greater than INR 2.00 lakhs per month. Both men and women find the expectation of earning more than INR 2.50 lakhs per month immediately after graduation unrealistic.
Based on the data collected and represented in the graph above, it would be reasonable to conclude that the salary expectations of men and women pursuing an MBA at India's top b-schools are similar. Unfortunately, despite expectations being similar, women in corporate India still experience pay disparity. As of 2019, India ranks 149th in economic participation and opportunity and 117th in wage equality for similar work. It is estimated that it will take nearly 100 years to close this gender gap across politics, economic, health and education.
Read Next → Revealed: In-Hand Salaries That IIM ABC, XLRI, FMS Students Expect In First Job After MBA
Comments