Hult University Scholarship Application EssayWomen in the contemporary business world have been significantly disadvantaged. Arguably, the majority of the leadership positions are held by men. Although there have been multiple efforts to support the growth and development of women in the business community, data indicates that they still need to be represented. According to market reports, only 7.4 % of women hold CEO positions in Fortune 500 companies. These figures are devastating, and therefore, there is a need to reverse these trends through the implementation of structural reforms to eliminate these biases. Integrating education, mentorship, and leadership training could help change this trajectory in the long term.Education empowers modern women with the necessary academic skills to succeed in the corporate sector. According to preliminary research, most women applicants to the CEO position fail to qualify for these positions because of inadequate academic qualifications. However, with the proper training, women can become influential leaders. Academicians agree that social stereotypes against women are a major causal factor of limited leadership positions in the business world. Precisely, biased social constructs advance the belief that women are incapable of leadership. Therefore, women are made to believe they cannot rise to high positions within