This study examines whether students at two universities perceive social power differences between male and female business faculty. Using gender schema and social power theories, we posit that female faculty members will be perceived by students as having greater referent power and that male faculty members will be perceived by students as having greater expert, legitimate, reward and coercive power. Results of a survey involving 892 students at two universities indicate that male faculty members are perceived as having greater expert power, while no gender differences exist on referent, reward and coercive power. Contrary to our hypotheses, female faculty members are perceived as having greater legitimate power.