Abstract: | Tested the generalizability of findings reported by J. Pfeffer (see record 1978-26287-001) by examining the determinants of starting and current salaries for 314 graduates (mean age 29 yrs) from the business schools of 3 large state universities. Results support Pfeffer's conclusion that a master's in business administration (MBA) is particularly useful for persons not coming from the highest socioeconomic backgrounds. A variety of factors identified by Pfeffer were controlled for, and the possession of the MBA degree was positively related to starting salary irrespective of socioeconomic origin but was positively related to current salary only for those not coming from upper-middle and upper-class backgrounds. Current salary sex differences only were observed for Ss from upper-class socioeconomic backgrounds. This was attributable to a salary advantage possessed by upper middle- and upper-class males. (10 ref) (PsycINFO Database Record (c) 2010 APA, all rights reserved) |