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Microfinance is widely lauded as a sustainable long-term solution to worldwide poverty. It gives investors incentives to provide financial services to…

Women may be closing the gender gap in some professions, but business is not one of them.

While obtaining an MBA is normally seen as a surefire way to gain financial and career success, recent statistics show that women with this high-powered degree lag behind their male counterparts in terms of salary. Compared to a decade ago, the MBA gender wage gap has actually widened.

A master’s degree in business administration, typically referred to as an MBA, is consistently one of the most popular graduate degrees because of the knowledge it imparts, its flexibility and the seemingly countless career paths and promotions it opens professionals up to.

Like any graduate program, a master’s in business administration goes well beyond undergraduate level business education, including studies such as business theory, finance, statistics, business strategy and economics. However, a bachelor’s degree in business isn’t necessary to enter an MBA program.