Submission Date

5-1-2020

Document Type

Paper

Department

Business & Economics

Adviser

Jennifer VanGilder

Committee Member

Eric Parnell

Committee Member

Lisa Grossbauer

Department Chair

Scott Deacle

Project Description

At a time when women are equally represented in professional fields such as medicine and academia, the finance industry is still facing a lack of gender diversity, most notability at the C-Suite level. Statistics on the paucity of women paint a bleak picture, despite the fact that women are awarded majority of undergraduate and graduate degrees in the United States, a reversal from just one generation ago. This begs the question, what is deterring women from a career in finance? Are compensation discrepancies at play? This paper seeks to examine if being a female truly penalizes a woman in regards to annual compensation within the financial services industry.

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