Abstract
The impact of 2-year residential fulltime MBA program on students’ values was studied using a longitudinal design and data collected over 7 years from a business school in India. Values were measured when students entered the program, and again when they graduated. Sample in Study 1 consisted of 229 students from three consecutive graduating classes. Rank-order or ipsative measure of values was used. Results of matched sample t-tests show that self-oriented values like a comfortable life and pleasure become more important and others-oriented values like being helpful and polite become less important over 2 years. The moderating role of sex and functional specialization are also analyzed. Study 2 used a non-ipsative measure of values and a sample of 138 students from two consecutive graduating classes. Results show that management education enhances self-monitoring and importance of self-oriented values and reduces the importance of others-oriented values. The effect on both sets of values remains significant even after controlling for self-monitoring.
Similar content being viewed by others
References
Allen D. G., Weeks K. P., & Moffitt K. R. (2005). Turnover Intentions and Voluntary Turnover: The Moderating Roles of Self-Monitoring, Locus of Control, Proactive Personality, and Risk Aversion. Journal of Applied Psychology, 9(5), 980–990
Ball-Rokeach S. J., Rokeach M., & Grube J. W. (1984). The Great American Values Test: Influencing Behavior and Belief Through Television. New York: Free Press
Bardi A., & Schwartz S. H. (2003). Values and Behavior: Strength and Structure of Relations. Personality and Social Psychology Bulletin, 29(10), 1207–1220
Blickle G. (2000). Do Work Values Predict the Use of Intraorganizational Influence Strategies? Journal of Applied Social Psychology, 30(1), 196–205
Burns, J. M. (1978). Leadership. New York: Harper & Row
Frost P. J., & Fukami C. V. (1997). Teaching Effectiveness in the Organizational Sciences: Recognizing and Enhancing the Scholarship of Teaching. Academy of Management Journal, 40(6), 1271–1281
Gangestad S. W., & Snyder M. (2000). Self-monitoring: Appraisal and Reappraisal. Psychological Bulletin, 126, 530–555
Homer P. M., & Kahle L. R. (1988). A Structural Equation Test of the Value-Attitude-Behavior Hierarchy. Journal of Personality and Social Psychology, 54, 638–646
Huff A. S. (2000). Changes in Organizational Knowledge Production (1999 Presidential Address). Academy of Management Review, 25 (2), 288–293
Judge T. A., & Bretz R. D. (1992). Effects of Work Values on Job Choice and Decisions. Journal of Applied Psychology, 77, 261–271
Kilduff M., & Day D. V. (1994). Do Chameleons Get Ahead? The Effects of Self-Monitoring on Managerial Careers. Academy of Management Journal, 37(4), 1047–1060
Lamsa, A.-M., P. Turjanmaa and A. Sakkinen: 2002, The Values of Business Education and Working Life from a Gender Viewpoint. Paper Presented at the Sixth International Conference on Social Values, Department of Educational Studies, University of Oxford
Lennox R. D., & Wolfe R. N. (1984). Revision of the Self-Monitoring Scale. Journal of Personality and Social Psychology, 46(6), 1349–1364
Lubinski D., Schmidt D. B., & Benbow C. P. (1996). A 20-Year Stability Analysis of the Study of Values for Intellectually Gifted Individuals from Adolescence to Adulthood. Journal of Applied Psychology, 81, 443–451
Meglino B. M., & Ravlin E. C. (1998). Individual Values in Organizations: Concepts, Controversies, and Research. Journal of Management, 24(3), 351–389
Mehra A., Kilduff M., & Brass D. J. (2001). The Social Networks of High and Low Self-Monitors: Implications for Workplace Performance. Administrative Science Quarterly, 46(1), 121–146
Noel N. M., Michaels C., & Levas M. G. (2003). The Relationship of Personality Traits and Self-Monitoring Behavior to Choice of Business Major. Journal of Education for Business, 78(3), 153–157
O’Reilly C. A. III, J. Chatman, D. F. Caldwell: 1991, People and Organizational Culture: A Profile Comparison Approach to Assessing Person-Organization Fit. Academy of Management Journal, 34, 487–516
Oliver B. L. (1999). Comparing Corporate Managers’ Personal Values Over Three Decades, 1967–1995. Journal of Business Ethics, 20(2), 147–161
Pearce J. A. II (1999). Faculty Survey on Business Education Reform. Academy of Management Executive, 13(2), 105–109
Posner, B. Z. and W. H. Schmidt: 1992, ‹Values and the American Manager: An Update Updated’, California Management Review Spring, 80–94
Ravlin E. C., & Meglino B. M. (1987). Effect of Values on Perception and Decision Making: A Study of Alternative Work Values Measures. Journal of Applied Psychology, 72 (4), 666–673
Rokeach M. (1968). Beliefs, Attitudes and Values. San Francisco: Jossey-Bass
Rokeach M. (1973). The Nature of Human Values. New York: Free Press
Rokeach M., & Ball-Rokeach S. J. (1989). Stability and Change in American Value Priorities, 1968–1981. American Psychologist, 44(5), 775–784
Rynes S. L., & Trank C. Q. (1999). Behavioral Science in the Business School Curriculum: Teaching in a Changing Institutional Environment. Academy of Management Review, 24(4), 808–824
Salovey P., & Mayer J. D. (1990). Emotional Intelligence. Imagination, Cognition and Personality, 9, 185–211
Schwartz, S. H.: 1992, ‹Universals in the Content, Structure of Values: Theoretical Advances and Empirical Tests in 20 Countries’, in M. P. Zanna (ed.), Advances in Experimental Social Psychology 25, 1–65 (Academic Press, Inc., San Diego)
Schwartz S. H., & Bilsky W. (1987). Toward a Universal Psychological Structure of Human Values. Journal of Personality and Social Psychology 53(3), 550–562
Schwartz S. H., & Bilsky W. (1990). Toward a Theory of Universal Content and Structure of Values: Extensions and Cross-Cultural Replications. Journal of Personality and Social Psychology, 58 (5), 878–891
Schwartz S. H., & Inbar-Saban N. (1988). Value Self-Confrontation as a Method to Aid in Weight Loss. Journal of Personality and Social Psychology, 54(3), 396–404
Snyder M. (1974). Self Monitoring of Expressive Behavior. Journal of Personality and Social Psychology, 30, 526–537
Sosik J. J. (2005). The Role of Personal Values in the Charismatic Leadership of Corporate Managers: A Model and Preliminary Field Study. Leadership Quarterly, 16(2), 221–244
Sosik J. J., & Megerian L. E. (1999). Understanding Leader Emotional Intelligence and Performance: The Role of Self-Other Agreement on Transformational Leadership Perceptions. Group and Organization Management, 24, 367–390
Author information
Authors and Affiliations
Corresponding author
Rights and permissions
About this article
Cite this article
Krishnan, V.R. Impact of MBA Education on Students’ Values: Two Longitudinal Studies. J Bus Ethics 83, 233–246 (2008). https://doi.org/10.1007/s10551-007-9614-y
Received:
Accepted:
Published:
Issue Date:
DOI: https://doi.org/10.1007/s10551-007-9614-y