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Labor Market Returns to MBAs From Less-Selective Universities: Evidence From a Field Experiment During COVID-19
Journal of Policy Analysis and Management ( IF 3.917 ) Pub Date : 2022-11-22 , DOI: 10.1002/pam.22448
Christopher T. Bennett

Master's degree enrollment and debt have increased substantially in recent years, raising important questions about the labor market value of these credentials. Using a field experiment featuring 9,480 job applications submitted during the early months of the COVID-19 pandemic, I examine employers’ responses to job candidates with a Master of Business Administration (MBA), which represents one-quarter of all master's degrees in the United States. I focus on MBAs from three types of less-selective institutions that collectively enroll the vast majority of master's students: for-profit, online, and regional universities. Despite the substantial time and expense required for these degrees, job candidates with MBAs from all three types of institutions received positive responses from employers at the same rate as candidates who only had a bachelor's degree—even for positions that listed a preference for a master's degree. Additionally, applicants with names suggesting they were Black men received 30 percent fewer positive responses than otherwise equivalent applicants whose names suggested they were White men or women, providing further evidence of racial discrimination in hiring practices.

中文翻译:

劳动力市场从选择性较低的大学返回 MBA:来自 COVID-19 期间实地实验的证据

近年来,硕士学位入学人数和债务大幅增加,引发了关于这些证书的劳动力市场价值的重要问题。通过一项实地实验,在 COVID-19 大流行的最初几个月提交了 9,480 份工作申请,我检查了雇主对拥有工商管理硕士 (MBA) 职位的求职者的回应,MBA 占美国所有硕士学位的四分之一状态。我关注的是来自三种选择性较低的机构的 MBA,这些机构共同招收了绝大多数硕士生:营利性大学、在线大学和地区性大学。尽管这些学位需要大量的时间和费用,拥有所有三种类型机构的 MBA 学位的求职者得到雇主的积极回应的比例与仅拥有学士学位的求职者相同——即使是那些优先考虑硕士学位的职位也是如此。此外,名字暗示他们是黑人男性的申请人比名字暗示他们是白人男性或女性的同等申请人获得的正面回应少 30%,这进一步证明了招聘实践中的种族歧视。
更新日期:2022-11-22
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