Career Choice in Management and Entrepreneurship
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Career Choice in Management and Entrepreneurship

A Research Companion

Edited by Mustafa F. Özbilgin and Ayala Malach-Pines

Although a large and steadily growing research literature attests to an interest in management and entrepreneurship, little research has focused on comparative assessment of the career choices and trajectories of managers and entrepreneurs. This timely book fills the gap by presenting an assessment of early influences on the career choice of managers and entrepreneurs, their attitudes at the start of their careers as students, and in their later employment experiences.
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Chapter 23: The Value of the MBA Education and its Role in Entrepreneurship for Women and People of Color

Jennifer M. Sequeira and Myrtle P. Bell


23. The value of MBA education and its role in entrepreneurship for women and people of color Jennifer M. Sequeira and Myrtle P. Bell Over the years, the Master of Business Administration degree (MBA) has increased in popularity. In 2002, Stern indicated that, worldwide, more than 100 000 people were pursuing the MBA degree, 70 000 of those in the USA (Stern, 2002). The majority of these individuals may be pursuing the MBA in order to bring about a positive change in their career or to change careers outright (see Sturges et al., 2003). Women and people of color1 are among those who seek to effect change in their careers by pursuing the MBA. Although recently there has been increased attention given in the literature to the career success of women MBAs (see Burke and McKeen, 1994; Catalyst, 2000; Simpson, 2000), there is a dearth of research on racial and ethnic minority MBAs and career success. We also find that there is little research on entrepreneurship outcomes of women and racial and ethnic minority MBAs. In an attempt to fill the void in this research, this chapter examines the role of the MBA as it relates to the success of women and people of color, particularly those who choose an entrepreneurial career. Although the MBA has been increasingly pursued over the last two decades, its prestige has fluctuated during that same period. There has been increasing debate as to the degree’s value both to individuals enrolled in MBA programs...

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