The value of management education: Views of graduates on the benefits of doing a MBA

Abstract

MBA alumni are exceptionally well placed to evaluate management education in terms of its real impacts on students against current, and expected, needs. This paper reports the results of a survey of graduates of one MBA course to identify which aspects of the course its graduates valued highly and the extent of the contribution of their MBA to career changes that have followed their completion of the course. The benefits of the program to graduates, in terms of relevance, knowledge gained, behaviour changed and outcomes achieved were judged to be substantial. The MBA is seen as a significant factor in career change and development.

This is a preview of subscription content, log in to check access.

References

  1. Beamish, P.W. and Calof, J.L. (1989). International business education: a corporate view.Journal of International Business Studies 20: 553–564.

    Google Scholar 

  2. Carnevale, A.P. and Schulz, E.R. (1990). Return on investment accounting for training.Training and Development Journal Supplement, July.

  3. Cunningham, J.B. (1991). A proposed programme for developing managers.Management Development 10: 64–74.

    Google Scholar 

  4. Grigg, T. and Hewson, J. (1992). Postgraduate management education in Australia: MBA alumni perspectives. Paper presented at Australian and New Zealand Academy of Management Conference, University of Western Sydney, December 1992.

  5. Hubbard, G. (1990). Changing trends in MBA education in Australia.Journal of Management Development 9(6): 41–49.

    Google Scholar 

  6. Kempner, T. (1991). What is an MBA?National Westminster Bank Quarterly Review August, 65–70.

    Google Scholar 

  7. Kobayashi, N. (1991). Renaissance of US business education.Tokyo Business Today 59(7): 33.

    Google Scholar 

  8. Lake, M. and Whiting, K. (1990). A review of the effectiveness of the RMIT MBA course as a program for changing attitudes and behaviours of managers. Unpublished RMIT MBA Research Project.

  9. Mahajan, V. (1988). A survey of RMIT MBA graduates. Unpublished RMIT MBA Research Project.

  10. Munchus, G. (1992). Management issues in the evaluation of training and development programs.International Journal of Management 9(4) (December).

  11. Porter, L. and McKibbin, L. (1988). Management education and development: thrust or drift in the 21st century. New York, McGraw Hill.

    Google Scholar 

  12. Toews, B. and Watson, J. (1991). A comparative study of men and women undertaking MBA studies at RMIT between 1985 and 1990. Unpublished RMIT MBA Research Project. <P/>

Download references

Author information

Affiliations

Authors

Rights and permissions

Reprints and Permissions

About this article

Cite this article

Ainsworth, M., Morley, C. The value of management education: Views of graduates on the benefits of doing a MBA. High Educ 30, 175–187 (1995). https://doi.org/10.1007/BF01384095

Download citation

Keywords

  • Management Education
  • Real Impact
  • Career Change