Forum for Science, Industry and Business

Sponsored by:     3M 
Search our Site:

 

UT study finds business school research raises students' salaries

25.01.2011
The value of academic research performed at business schools has been questioned for the past 2 decades, but 1 study is changing that

The value of academic research performed at business schools has been questioned for the past two decades, some even calling it irrelevant to the real business world.

But a study by Russell Crook, assistant professor of management in the College of Business Administration at the University of Tennessee, Knoxville, finds that scholarly research conducted by business professors seems to have an impact on the salaries of their students after graduation.

The paper, co-authored by Jonathan O'Brien of Rensselaer Polytechnic Institute and Paul Drnevich and Craig Armstrong of the University of Alabama, concludes that "the level of scholarly research activity at business schools appears to add considerable economic value to MBA students' future salaries."

The paper, "Does Business School Research Add Economic Value for Students," is in the current issue of Academy of Management Learning and Education and can be viewed at http://journals.aomonline.org/AMLE/articles/AMLE-2010-Vol9-No4-638-651.html.

Crook found that scholarly research at business schools appears to add as much as $24,000 a year, or 21 percent, to the MBA students' future salaries.

"What we discovered is that research-intensive schools generally do a better job than nonresearch-intensive schools in helping their students acquire and hone their knowledge, skills and abilities, which pays high financial returns to the students when they go out into the real business world and get a job," Crook said.

Crook collected data on the salaries of MBA graduates three years after they graduated from 658 business schools in the U.S. and around the world. He chose the three-year mark because, at that point in their careers, the graduates were "more reflective of the value of the knowledge, skills, and abilities provided by the business school education." He then compared this to data on research productivity at each school obtained from a social science citation index. He factored in other information that might influence salaries, including the school's reputation and financial resources.

The analysis revealed that the amount of faculty research published in the most influential journals was significantly related to higher salaries in graduates.

"Even if the research the professors are conducting isn't directly related to what they are teaching in the classroom, it may help them hone analytical skills and emphasize a more rigorous approach to problem solving that resonates with the students," Crook said. "Plus, these professors are creating knowledge and keeping abreast of cutting-edge developments in their fields. This is better than simply teaching from textbooks written by others."

Whitney Holmes | EurekAlert!
Further information:
http://www.utk.edu

Further reports about: Business Vision MBA business schools business world

More articles from Studies and Analyses:

nachricht Amputees can learn to control a robotic arm with their minds
28.11.2017 | University of Chicago Medical Center

nachricht The importance of biodiversity in forests could increase due to climate change
17.11.2017 | Deutsches Zentrum für integrative Biodiversitätsforschung (iDiv) Halle-Jena-Leipzig

All articles from Studies and Analyses >>>

The most recent press releases about innovation >>>

Die letzten 5 Focus-News des innovations-reports im Überblick:

Im Focus: First-of-its-kind chemical oscillator offers new level of molecular control

DNA molecules that follow specific instructions could offer more precise molecular control of synthetic chemical systems, a discovery that opens the door for engineers to create molecular machines with new and complex behaviors.

Researchers have created chemical amplifiers and a chemical oscillator using a systematic method that has the potential to embed sophisticated circuit...

Im Focus: Long-lived storage of a photonic qubit for worldwide teleportation

MPQ scientists achieve long storage times for photonic quantum bits which break the lower bound for direct teleportation in a global quantum network.

Concerning the development of quantum memories for the realization of global quantum networks, scientists of the Quantum Dynamics Division led by Professor...

Im Focus: Electromagnetic water cloak eliminates drag and wake

Detailed calculations show water cloaks are feasible with today's technology

Researchers have developed a water cloaking concept based on electromagnetic forces that could eliminate an object's wake, greatly reducing its drag while...

Im Focus: Scientists channel graphene to understand filtration and ion transport into cells

Tiny pores at a cell's entryway act as miniature bouncers, letting in some electrically charged atoms--ions--but blocking others. Operating as exquisitely sensitive filters, these "ion channels" play a critical role in biological functions such as muscle contraction and the firing of brain cells.

To rapidly transport the right ions through the cell membrane, the tiny channels rely on a complex interplay between the ions and surrounding molecules,...

Im Focus: Towards data storage at the single molecule level

The miniaturization of the current technology of storage media is hindered by fundamental limits of quantum mechanics. A new approach consists in using so-called spin-crossover molecules as the smallest possible storage unit. Similar to normal hard drives, these special molecules can save information via their magnetic state. A research team from Kiel University has now managed to successfully place a new class of spin-crossover molecules onto a surface and to improve the molecule’s storage capacity. The storage density of conventional hard drives could therefore theoretically be increased by more than one hundred fold. The study has been published in the scientific journal Nano Letters.

Over the past few years, the building blocks of storage media have gotten ever smaller. But further miniaturization of the current technology is hindered by...

All Focus news of the innovation-report >>>

Anzeige

Anzeige

Event News

See, understand and experience the work of the future

11.12.2017 | Event News

Innovative strategies to tackle parasitic worms

08.12.2017 | Event News

AKL’18: The opportunities and challenges of digitalization in the laser industry

07.12.2017 | Event News

 
Latest News

Engineers program tiny robots to move, think like insects

15.12.2017 | Power and Electrical Engineering

One in 5 materials chemistry papers may be wrong, study suggests

15.12.2017 | Materials Sciences

New antbird species discovered in Peru by LSU ornithologists

15.12.2017 | Life Sciences

VideoLinks
B2B-VideoLinks
More VideoLinks >>>