Authors: Holtom, B. C., Inderrieden, E. J., & Kravitz, D. A.
Title: The advantages of high-prestige MBA degrees and placement centers for compensation growth of African Americans.
Source: Journal of Managerial Issues, 26(1), 7-21.
Many in society are asking searching questions about the costs and benefits of university education and MBA education in particular. Moreover, the role of education in promoting equal opportunity is being examined. One factor of particular interest to careers researchers and educators is the use of career placement centers especially as regards their role in promoting minority advancement. In testing a sample of over 7,000 registrants for the Graduate Management Admissions Test, clear evidence emerged that earning an MBA results in higher income, an effect that is even greater if one attends a top-tier school. But most importantly for this study, the data indicated that blacks are advantaged in the job search and match process by working with career placement centers. Thus, while schools are likely to continue to encourage all students to actively engage with on-campus career centers, they should reach out to black students in particular to maximize the benefits these centers provide. Finally, organizations seeking to obtain minority talent are well advised to work through MBA career centers.