Labor Market Returns to MBAs from Less-Selective Universities: Evidence from a Field Experiment during COVID-19

Autor/in	Bennett, Christopher T.
Titel	Labor Market Returns to MBAs from Less-Selective Universities: Evidence from a Field Experiment during COVID-19
Quelle	In: Journal of Policy Analysis and Management, 42 (2023) 2, S.525-551 (27 Seiten) PDF als Volltext Verfügbarkeit
Sprache	englisch
Dokumenttyp	gedruckt; online; Zeitschriftenaufsatz
ISSN	0276-8739
DOI	10.1002/pam.22448
Schlagwörter	Outcomes of Education; Masters Programs; Business Administration Education; Institutional Characteristics; COVID-19; Pandemics; Job Applicants; Debt (Financial); Distance Education; For Profit Colleges; Admission Criteria; Masters Degrees; Bachelors Degrees; Blacks; Males; Whites; Gender Differences; Racial Discrimination; Personnel Selection; Employment Potential; Naming + Suchen Sie Ihr Suchwort? Lernleistung; Schulerfolg; Magister course; Magisterstudiengang; Bewerber; Distance study; Distance learning; Fernunterricht; Admission; Admission procedures; Zulassungsbedingung; Zulassungsverfahren; Zulassung; 'Bachelor''s degrees'; Bachelor-Studiengang; Black person; Schwarzer; Male; Männliches Geschlecht; White; Weißer; Geschlechterkonflikt; Racial bias; Rassismus; Personalauswahl; Personalentscheidung; Arbeitsmarktbezogene Qualifikation; Beschäftigungsfähigkeit
Abstract	Master's degree enrollment and debt have increased substantially in recent years, raising important questions about the labor market value of these credentials. Using a field experiment featuring 9,480 job applications submitted during the early months of the COVID-19 pandemic, I examine employers' responses to job candidates with a Master of Business Administration (MBA), which represents one-quarter of all master's degrees in the United States. I focus on MBAs from three types of less-selective institutions that collectively enroll the vast majority of master's students: for-profit, online, and regional universities. Despite the substantial time and expense required for these degrees, job candidates with MBAs from all three types of institutions received positive responses from employers at the same rate as candidates who only had a bachelor's degree--even for positions that listed a preference for a master's degree. Additionally, applicants with names suggesting they were Black men received 30 percent fewer positive responses than otherwise equivalent applicants whose names suggested they were White men or women, providing further evidence of racial discrimination in hiring practices. (As Provided).
Anmerkungen	Wiley. Available from: John Wiley & Sons, Inc. 111 River Street, Hoboken, NJ 07030. Tel: 800-835-6770; e-mail: cs-journals@wiley.com; Web site: https://www.wiley.com/en-us
Erfasst von	ERIC (Education Resources Information Center), Washington, DC
Update	2024/1/01