Human values are individual characteristics that vary in importance and serve as guiding principles in a person's life. The purpose of this paper is to identify the values held today by Slovenian managers and students and contributes to the few studies that have examined the influence of age on values. The exploratory study comprises 130 managers and 118 students majoring in management. The managers highly value health, family happiness, honesty, freedom and wisdom, whereas the students perceive as the most important good friends, knowing oneself, health, freedom, loyalty and family happiness.