First-Ever Global Study of Diversity in Graduate Management Education Sheds Light on Gaps in Race and Gender

Report finds higher participation of African Americans in U.S. business schools than their white counterparts while women worldwide remain underrepresented, particularly in Europe

RESTON, Va., Oct. 26, 2021 (GLOBE NEWSWIRE) — The Graduate Management Admission Council™ (GMAC™), a global association of leading graduate business schools, today released a special report, “The Global Diversity of Talent – Attainment and Representation,” a first reference guide of its kind to better understand representation for graduate management education (GME) degree attainment worldwide. Understanding that education systems across the globe experienced disruption due to the pandemic, GMAC turned to its leading research capability as universities sought to adapt with a renewed attention to issues of student access and equity, as well as diversity and representation in tertiary educational attainment. The report provides a global overview, seven regional outlooks, and separate reports for 69 locations or countries with an estimated 25,000 or more people in the student-aged population of 20 to 34 who have attained a master’s degree in the subject of business, administration, or law. In addition to a separate appendix that reviews data on 111 other countries, it also examines the representation of women globally and underrepresented groups in the United States.

“At GMAC, we recognize that a diverse student body in gender, race and background lifts us all as it creates a richer student experience and increases sensitivity to the issues that affect others,” said Sangeet Chowfla, president and CEO of GMAC.This report – the first global state of the industry view about diversity in graduate management education – is intended not only to serve as an informative guide, but also as a base to target outreach and advocate for the value of graduate business degrees to underrepresented populations around the globe.”

Key Findings

Women struggle to be represented at the graduate business level, falling behind the most in Europe

Globally, more women than men choose their undergraduate study in the fields of business, administration, and law. 26.4 percent of bachelor’s degrees earned by females are in these fields, slightly higher than for men (24.6%). At the master’s level, however, men (33.7%) are more likely to study in business, administration, and law than women (29.4%). Data suggests that women have shown broader interest when pursuing a master’s degree, with education and health and welfare two other popular disciplines besides business or law schools.

Furthermore, women in Europe are estimated to hold only 38.4 percent of graduate business degrees in the region, notably lower than the global average (44.8%) and behind East Asia and the Pacific where women are a majority (51.7%) of the region’s graduate business degree-holders. When compared across all regions, Europe has the largest share of those aged 30-34 in the GME pipeline at 41.8% but the smallest share of the GME pipeline aged 20-24 at only 19.8 %, suggesting that many women in Europe choose to return to business school later in life.

African American graduates outpace their white counterparts, driven by their overrepresentation in U.S. for-profit programs

The proportions of graduate management degree-holders relative to the student-aged population, or the GME participation rate, differs among the seven U.S. race/ethnicity groups studied in the report: American Indian or Alaska Native, Asian American, Black or African American, Hispanic American, Native Hawaiian or Other Pacific Islander, Other/Two or more races, and Whites. Although a common perception is that African Americans are underrepresented in GME programs, they demonstrate a 3.0% GME participation rate, outranking their white counterparts at 2.5%.

“African Americans are interestingly overrepresented in graduate management education relative to their population size when compared with other groups, albeit slightly,” said Sabrina White, vice president of school and industry engagement at GMAC. “According to a previous GMAC study, African Americans accounted for 37 percent of for-profit GME degrees conferred in 2015-2016. Their enrollment in for-profit institutions outpacing that in traditional universities may have contributed to their overrepresentation in GME.”

Most business degree holders come from Asia while Latin America enjoys highest business concentration among graduate degrees

Among the seven regions studied, the largest pool of student aged graduate business talent falls in East Asia and the Pacific, which is also the largest source of bachelor’s degree-holders in the fields of business, administration, and law. While China and India, the two “Asian giants,” contribute the most to both the graduate and undergraduate levels of business school students, the U.S. impresses with its substantial share at third in both categories. Pakistan and Turkey are two other notable inclusions in the top 10 sources, with business graduates accounting for 28 percent and 40 percent respectively of the country’s total bachelor’s degree-holders.

Globally, of the more than 61 million people understood to have attained a master’s degree, approximately 24 percent have earned GME degrees. By region, the highest business concentration among all master’s degree-holders is seen in Latin America (33.1%), the Middle East (27.6%), and East Asia and the Pacific (26.6%). In addition, two countries in the Latin America region have greater than 60 percent females within the student-age population of 20 to 34 who are assumed to have attained a master’s degree in the subject of business, administration, or law: Colombia (65.6%) and Dominican Republic (64.5%).

About the Report

To establish the foundation of this groundbreaking effort, GMAC leveraged the latest global data resources from the 2018 dataset of U.S. Census Bureau International Database, The World Bank, UNESCO, UNECE, and OECD, to provide baseline for studying the state of diversity within graduate management education today. Supplemental material of country and regional descriptions as well as available 2020/2021 international rankings indices were included for present context. More details of the full report, and other research series produced by GMAC, are available on gmac.com.

About GMAC

The Graduate Management Admission Council™ (GMAC™) is a mission-driven association of leading graduate business schools worldwide. Founded in 1953, GMAC creates solutions and experiences that enable business schools and candidates to better discover, evaluate, and connect with each other.

GMAC provides world-class research, industry conferences, recruiting tools, and assessments for the graduate management education industry, as well as tools, resources, events, and services that help guide candidates through their higher education journey. Owned and administered by GMAC, the Graduate Management Admission Test™ (GMAT™) exam is the most widely used graduate business school assessment. GMAC also owns and administers the NMAT by GMAC™ (NMAT™) exam and the Executive Assessment (EA).

More than 12 million prospective students a year trust GMAC’s websites, including mba.com, to learn about MBA and business master’s programs, connect with schools around the world, prepare and register for exams and get advice on successfully applying to MBA and business master’s programs. BusinessBecause and The MBA Tour are subsidiaries of GMAC, a global organization with offices in China, India, the United Kingdom, and the United States.

To learn more about our work, please visit www.gmac.com

Media Contact: 

Teresa Hsu
Senior Manager, Media Relations
202-390-4180 (mobile)
thsu@gmac.com

Expereo Achieves Cradlepoint 5G for Enterprise Branch Specialization

AMSTERDAM, The Netherlands, Oct. 26, 2021 (GLOBE NEWSWIRE) — The world’s leading provider of Global Internet, Cloud Access Optimization, SASE and SD-WAN services, Expereo, is proud to announce today that it has achieved 5G for Enterprise Branch Specialization from Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless network edge solutions. The 5G for Enterprise Branch Specialization identifies and recognizes partner organizations that are leaders in positioning and selling Cradlepoint’s 5G for business solutions by meeting a series of sales, technical, and business proficiency criteria.

By receiving the specialization, Expereo will support Cradlepoint’s efforts of selling the industry’s most comprehensive portfolio of 5G solutions to meet the business imperatives of availability, interoperability, security, and manageability.

By leveraging Cradlepoint’s Netcloud solution, Expereo delivers portable network connections that can be used as primary, failover or underlay links. Having no physical transmission medium makes deployment easy with just a 4G/5G-enabled router and ready to use data SIM card(s) from Mobile Operators. This allows backup facilities or temporary offices to instantly connect to the internet and guarantees corporate network connection for when operations are disrupted as a result of disasters or contingency planning. Mobile Broadband can also be used to improve redundancy on SD-WAN and optimize application performance by adding more choice to the underlay, further diversifying current MPLS and Internet components within the SD-WAN environment.

“Being recognized as a 5G Enterprise Branch specialization showcases Expereo’s commitment to using the best-of-breed technology as part of its service stack, as well as getting our customer path to 5G for business,” explains Catherine Lee, Director Service Development at Expereo. “Our customers get the most advanced mobile endpoint equipment there is, access to extra-mile support, and the assurance that the products and services we jointly provide with Cradlepoint will meet the needs enterprise network,” he continues.

By combining its NetCloud platform with a clean-sheet-of-paper design for its new 5G modems and antenna systems, Cradlepoint is the first to deliver comprehensive 5G solutions for business. Specific capabilities include combining LTE, Gigabit-Class LTE, and 5G in a single wireless WAN; supporting all 5G spectrums, interoperating with existing customer SD-WAN and router infrastructures; and simplifying the entire network management lifecycle.

“Cradlepoint is committed to leading the evolution of Wireless WAN and 5G and is both the first and best choice for customers in this space,” said Eric Purcell, senior vice president of global partner sales at Cradlepoint. “Our reseller, service provider, and technology partners play a crucial role in this mission. The addition of Expereo to our 5G for Enterprise Branch Specialization program is another important step in leading the path to 5G for business.”

About Expereo
Expereo is the leading provider of managed network solutions, including Global internet connectivity, SD-WAN, SASE, and Cloud Access Optimization services. Expereo is the trusted partner of 30% of Fortune 500 companies and powers enterprise and government sites worldwide, helping to enhance every business’ productivity with flexible and optimal Internet performance. In Feb 2021, Vitruvian Partners international growth capital and buyout firm, acquired a majority stake holding in Expereo, alongside to the leading European private equity firm Apax Partners sas, and company management.

About Cradlepoint
Cradlepoint is a global leader in cloud-delivered LTE and 5G wireless network edge solutions for branch, mobile, and IoT networks. Cradlepoint NetCloud, the personification of the company’s Elastic Edge vision, is a subscription-based service with purpose-built endpoints that delivers a pervasive, secure, and software-defined Wireless WAN edge to connect people, places, and things over LTE and 5G cellular networks. More than 22,000 businesses and government agencies around the world rely on Cradlepoint to keep critical sites, points of commerce, field forces, vehicles, and IoT devices always connected and protected, including 75% of the world’s top retailers, 50% of the Fortune 100, and first responder agencies in 25 of the largest US cities. Major service providers use Cradlepoint solutions as the foundation for innovative managed services. Founded in 2006, Cradlepoint is a privately held company headquartered in Boise, Idaho, with a development center in Silicon Valley and international offices in the UK and Australia.


Contact:
Conor McGee
conor@grammatikagency.com

Crocus Technology Expands High Precision Portfolio of Isolated Current Sensors over Industrial and Automotive Temperature Ranges

The CT425 family of XtremeSense® TMR products offers high accuracy isolated current sensing with Common Mode Field Rejection at 1 MHz bandwidth

SANTA CLARA, Calif., Oct. 26, 2021 (GLOBE NEWSWIRE) — Crocus Technology Inc., the leading supplier of disruptive Tunnel Magneto-Resistance XtremeSense® sensors, today announces the CT425, CT426, CT427 and CT428 isolated current sensors with <1% total error over the full operating temperature range without sacrificing accuracy or bandwidth. The high-speed operation and accurate output allow customers to optimize system design for smaller size and higher efficiency.

The CT42x with less than 300 ns response time greatly simplifies the solution in EV Charging applications which are utilizing GaN (Gallium Nitride) or SiC (Silicon Carbide) transistors to improve power density. Likewise, the CT42x offers improvements in terms of performance and size compared to the classic isolated current sense solutions which utilize a shunt resistor, amplifier, and digital isolator to sense the voltage and convert this signal into a current measurement. The CT42x directly senses the flow of current through the package avoiding errors in conversion and provides inherently faster and more accurate measurements. With industry leading response time of 300 ns, high power architectures like the CCM Totem-Pole PFC can provide higher power density solutions. The fast switching frequency of Wide Bandgap (WBG) power devices requires a current sensor that can detect fast transients to prevent potential cascading failures. The integration in a space saving SOIC-8 package also reduces the total PCB footprint size by up to 8 times smaller compared to existing solutions.

The CT42x has robust built-in immunity to common-mode fields which allows the device to reject greater than 99% of external stray magnetic fields without the need for external shielding while maintaining <1% total accuracy. Crocus’ proprietary TMR technology inherently offers a very high signal-to-noise ratio (SNR) which allows for high resolution measurements required for precision control or monitoring applications.

“The expansion of this product family brings more options to our customers to experience the high precision performance of our XtremeSense TMR products in more demanding applications,” states Zack Deiri, President and CEO of Crocus Technology. “Previously our customers would select products that offered them good performance on one parameter over temperature and then they would adjust their design to compensate for the other parameters. With Crocus products they are finding they can achieve high precision and high bandwidth offering them a comprehensive high performance solution.”

Product features and performance:

CT425 & CT428 (5.0 V version), CT426 & CT427 (3.3 V version)

Integrated 0.5 mΩ conductor enabling 20 A to 65 A AC and DC applications

Total output error ±0.5% FS (typ)

300 ns response time, 1 MHz bandwidth

Rated Isolation Voltage: >4 kVRMS

AEC-Q100 & UL/IEC 62368 Certified, IEC 61000-4-5 Certified

Over current detection (CT427 & CT428), Enhanced filter (CT425 & CT426)

Integrated Common Mode Field Rejection (CMFR) with > 99% immunity

Targeting applications in Power-Factor Correction (PFC), Solar Power Inverters, Battery Management Systems (BMS), xEV Chargers, DC/DC converters and AC/DC inverters.

The CT425, CT426, CT427 and CT428 sensors are available in an industry standard SOIC-8 package. Samples and evaluation boards are currently available. For more information on the CT42x product family, please visit the product webpage:

https://crocus-technology.com/products/ct42x/

About Crocus Technology

Crocus Technology develops and manufactures state-of-the-art magnetic sensors based on its patented XtremeSense® TMR sensor technology. Crocus’ disruptive magnetic sensor technology brings significant advancements to IoT and smart devices, industrial, consumer, medical, and automotive electronics applications demanding high accuracy, high resolution, stable temperature performance, and low power consumption. Crocus is headquartered in Santa Clara, California. For more information, please visit http://www.crocus-technology.com.

© 2021 Crocus Technology International Corp. All rights reserved. Crocus Technology, XtremeSense® and combinations thereof are trademarks of Crocus Technology Inc. and Crocus Technology SA. Other names are for informational purposes only and may be trademarks of their respective owners.

For more information, please contact:

Elsa Magnani
Crocus Technology
Tel: +1-208-999-6643
Email: emagnani@crocus-technology.com

President for increasing coverage of Lady Health Workers in country

President Dr Arif Alvi has called for increasing the coverage of Lady Health Workers in the country to ensure the provision of preventive and curative care services.

He was chairing a meeting regarding Sehatmand Jawan Project under Kamyab Jawan Program in Islamabad today (Tuesday).

The President said the health sector of the country is facing various challenges due to lack of medical professionals and paramedical staff. He expressed the hope that Sehatmand Jawan program would help provide health services at the community level, particularly to women and children.

Source: Radio Pakistan

Babar Azam Announces Rs. 2 Million Scholarships With Noon

After making the whole country proud by winning the historic match against arch-rivals India in the T20 World Cup on Sunday, Pakistan captain Babar Azam has now won hearts by announcing ‘Muhammad Azam and Saya Scholarship’ in partnership with Noon.

The Rs. 2 million scholarship, dedicated to his father, who has a very key role in making Babar what he is today, and Saya Corporation, targets young boys and girls with a focus on sports-related backgrounds.

Confirming the development, General Manager Noon Pakistan, Umair Chishti said, “Babar’s partnership with Noon really furthers our mission to radically change the way people learn in Pakistan. This will allow us to provide quality education across all corners of the country.”

Chief Executive and founder Saya Corporation Global Sports Group, Talha Rehmani, was extremely happy with this collaboration and said:

I am extremely pleased with our partnership with Noon as it allows us to build role models for our youth. This paves the way to positively impact the future of Pakistan which is aligned with Saya Corporation’s vision.

Noon Pakistan is an online learning platform offering daily live classes for O&A Levels, Matric, and Inter across all major boards in Pakistan. It has amassed a user base of 1.6 million students in its first year of operations, which is still expanding.

Saya Corporation, on the other hand, is a leading sports management company operating in Pakistan, England, and South Africa. According to its statement, the company has mentored players like Babar Azam, Mohammad Rizwan, Shaheen Afridi, Shadab Khan, Rassie van der Dussen and many more.

Source: Pro Pakistani

Cambridge Announces June 2021 Results for Pakistani O-Level and IGSCE Students

Cambridge International has announced the results of almost 30,000 Pakistani students who took the Cambridge International O Level, Cambridge IGCSE, and Cambridge ICE June 2021 examination series.

These results also included students who had taken replacement exams in July/August 2021 conducted after the original exams in May/June were postponed.

Cambridge International had conducted examinations worldwide for its June 2021 series only when it was deemed safe to do so during the ongoing pandemic.

Pakistan had decided to suspend the examinations earlier this year because of a surge in coronavirus cases, Consequently, Cambridge International had agreed to offer replacement exams in 14 popular subjects for the Pakistani O Level and IGCSE candidates.

Chief Executive of Cambridge International Christine Özden said,

I would like to congratulate all of our students in Pakistan who have received their Cambridge International O Level and IGCSE results today. This is a fantastic achievement, and more so this year than any other, as these students have had to overcome the many challenges brought by the Covid-19 pandemic. As such, these results are a testament to their resilience and dedication to their studies over the past year. All of them should be incredibly proud of what they have achieved.

Özden also lauded the Pakistani government for its support and said,

I would also like to thank our schools and their teachers for the incredible work and commitment they have given to helping our students to achieve these qualifications. These results mean that students in Pakistan can now continue with their education.

Meanwhile, candidates who were unable to sit the examinations for some subjects in the June 2021 series are taking them in November 2021 and can also opt to take them in any future Cambridge examination series.

Source: Pro Pakistani