The large and growing gap is not due to timid female MBAs.
Some of it is attributed to different skills, jobs before the MBA, and that male business students typically take more finance classes and women more marketing classes.
But a majority of the difference is due to women taking time out of the labor force and then working less after having children.
Women without children usually don’t take time off, and most of their earnings disparity with men can be explained by differences in their skills.
It’s notable that the earnings of some women did not fall very much after they had children and any drop in income did not persist after a few years.
But these women often had a “lower” earning spouse (income under $100,000). A large and sustained drop in income is highly correlated with having children and a high-earning husband.