The Perceived Effects of Graduate Business Education on Personal and Professional Development: An Empirical Study

Abstract

There is a debate around the world about the role of higher education institutions in emerging economies in producing employable graduates. With the industry's ever-changing requirements, do the graduates have the required knowledge, skills, values, attributes, and competency to cope with the job's requirements? Are the students able to contribute positively to the organization they work for? This paper examines the perceived effects of graduate business education in attaining personal and professional development like leadership skills, managerial capabilities, increase in salary, job status, job change, and overall standard of living of graduates. This study aims to understand the impact of graduate business education on graduates’ careers. Career impact is measured in terms of change in leadership positions, increase in salary, job status, job change, and standard of living. The study’s implication is to understand the expected unexpected industry accordingly, bring changes in the curriculum, and assist business schools in taking initiatives to increase the employability of graduates.