1977
DOI: 10.1037/0021-9010.62.6.698
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Effects of an MBA and socioeconomic origins on business school graduates' salaries.

Abstract: Annual current and starting salaries of 215 master's of business administration (MBA) and 156 bachelor's degree graduates randomly sampled from a listing of alumni from the business school at a large, prestigious state university were predicted using the degree obtained, socioeconomic origins, length of work experience, whether the person occupied a line or staff position, self-employment status, and grade point averages (GPAs) and test scores. There was a significant effect of the MBA degree on starting but n… Show more

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Cited by 69 publications
(50 citation statements)
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“…In some cases GPA is positively correlated with success on the job (Harrell, 1969(Harrell, , 1970(Harrell, , 1972Harrell, Harrell, Mclntyre, & Weinburg, 1974) while in other cases significant negative correlations are shown (Pfeffer, 1977;Jepson, 1951). A substantial volume of research has been conducted on this topic making a qualitative review cumbersome and imprecise.…”
mentioning
confidence: 91%
“…In some cases GPA is positively correlated with success on the job (Harrell, 1969(Harrell, , 1970(Harrell, , 1972Harrell, Harrell, Mclntyre, & Weinburg, 1974) while in other cases significant negative correlations are shown (Pfeffer, 1977;Jepson, 1951). A substantial volume of research has been conducted on this topic making a qualitative review cumbersome and imprecise.…”
mentioning
confidence: 91%
“…The findings from such studies are somewhat equivocal. Pfeffer (1977) and Thomson et al (1998) have found evidence that the MBA provides a one off salary increase at the end of study rather than a continued salary gain. Others, such as Dugan et al (1999) suggest that salary increases were only associated with those who had graduated from more prestigious business schools.…”
Section: The External Careermentioning
confidence: 99%
“…As such, organizations are continually interested in identifying factors that are related to later managerial and career success, and base their recruiting and hiring decisions on factors such as personality , demographics ( Judge et al, 1995), and socioeconomic background (Pfeffer, 1977). In addition, sources of decision bias can influence hiring managers' cognitions, affecting identification and assessment of talent and career potential (Mäkelä et al, 2010).…”
Section: Introductionmentioning
confidence: 99%