What women want
In early March, Columbia Business School played host to the launch of “10,000 Women”, a Goldman Sachs-backed initiative to boost access to business education for poor women in developing countries. The bank has joined ranks with 16 business schools around the world (see the full list) for the initiative, which aims to support short programmes that award business certificates. Goldman Sachs says these should open doors for thousands of women who would otherwise be denied access to business education.
According to a study by Goldman, better access to education for women could increase the annual GDP of poorer countries by 0.2%. Educating women can have a lasting impact on future generations’ health, education and productivity. In addition to funding the initiative—to the tune of $100m—the organisers intend to work alongside development agencies to better understand what prevents so many capable young women from going into business. Courses will cover areas such as marketing, accounting and strategic planning, and there are plans to confer a small number of MBA and bachelor’s degrees to some students as well.
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