An Analysis of a Small, Closely Observed Labor Market: Starting Salaries for University of Chicago M.B.A.'s

Academic Success and Initial Labor Market Outcomes for Pharmacy Graduates

“…These findings seem to contradict those from prior studies in non-health related fields. [2][3][4][5][6] Other factors, such as practice setting, job responsibilities, and professional goals may be more important, at least initially, than financial security.…”

“…However, the majority of the existing literature on college graduates and labor market outcomes focuses on the determinants of income; more specifically, the relationship between cumulative GPAs and salaries, with the consensus being that there is a significant and positive relationship. [2][3][4][5][6] These samples consist of individuals from one or more firms, 2,4,5 a given university, 6 or a specific degree program. 3 One factor which seems to have been largely ignored by the literature is that initial labor market outcomes are likely measured by more than just salary.…”

“…[2][3][4][5][6] These samples consist of individuals from one or more firms, 2,4,5 a given university, 6 or a specific degree program. 3 One factor which seems to have been largely ignored by the literature is that initial labor market outcomes are likely measured by more than just salary. For example, one study finds that the average worker considers earnings to be the single most important factor in determining the desirability of a job.…”

The impact of MBA programme attributes on post-MBA salaries†

“…Walker and Zhu (2011) are unable within their dataset to distinguish between studying for an MBA and other vocational postgraduate degrees. Nevertheless, there are a growing number of papers that specifically consider the financial returns to an MBA degree, stretching back to Reder (1978). However, as is typical in the literature discussing financial returns to various levels of education, much of the existing literature focuses on individual level analyses.…”

A Decade of Change for US Woman Managers

“…For example, the authors (Olson, & Frieze, 1987) reviewed five studies of starting salaries of MBAs done in the late seventies and early eighties. Three of these (Devanna, 1984;Gordon & Strober, 1978;Olson, & Frieze, 1986) found no significant sex differences in these MBA's starting salaries, and two (Olson, Good, & Frieze, 1985;Reder, 1978) found some what lower salaries for women. Of these studies, however, only Reder looked at a cohort effect.…”