The image of MBAs that most people have is probably not a good one. But a new study from the Aspen Institute's Center for Business Education shows that business school students are motivated by, get this, altruism and a desire for an interesting, challenging work experience.

Students were asked to choose up to 3 of the factors that were most important to them as they looked for jobs. 64% mentioned challenging responsibilities, making compensation a distant second at 48%. Work life balance and the potential to make a contribution to society were the 3rd and 4th most important factors. Only 4% cared about job security!

Of course, what people will say on a survey and what they actually believe can be very different.

But here's my theory: many of the current MBA students are the children of the Baby Boomers, a generation marked by social consciousness and a desire to change the world. Perhaps some of this altruism has rubbed off on their business school children.

Increase your money and finance knowledge from home

How Financial Planners go Grocery Shopping

Learn to shop smart and save.

View Course »

Introduction to Retirement Funds

Target date funds help you maintain a long term portfolio.

View Course »

Add a Comment

*0 / 3000 Character Maximum