THE INFLUENCE OF EDUCATIONAL-FACTOR CAPITAL ON THE TANGIBLE CAREER OUTCOMES OF MBA GRADUATES

Year 2012, Volume: 4 Issue: 1, 31 - 43, 01.06.2012

Azizah Daut Sany Sanuri Mohd Mokhtar Faizuniah Pangil

Abstract

By the year 2020, Malaysia hopes to achieve the main objective of becoming a
high-income advanced nation through the launching of New Economic Model
(NEM). To achieve this objective, the country needs quality human capital among
its graduates that commensurate with higher tangible rewards. This study looks at
the scholastic, social, cultural, and inner-value capital of individuals, gained
during the attainment of MBA studies, and their relationships to the tangible
career outcomes of salary gain, number of promotion, and managerial rank. 156
MBA alumni returned the self-administered online survey. Multinomial logistic
regression is employed to test the hypotheses and the results are found to be
partially supported. A major finding reveals that cultural capital is significantly
associated with the likelihood of higher tangible career outcomes. Findings from
this study allow educational providers and policy makers to have better
understanding in assessing specific educational capital, gained through a specific
educational program such as MBA, on tangible career success outcomes.

Keywords

Educational capital, Tangible career outcome, MBA

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