Previous research on career implications of the MBA has focused on career anchors of
executive MBA students (Chang, Hwang, Liu, & Siang, 2007), career expectations
(Simmering & Wilcox, 1995), expectations of MBA quality (Rapert, Smith, Velliquette &
Garretson, 2004) and student motivations (Thompson & Gui, 2000). The MBA degree is
perceived to have a positive impact on employment, annual income and both short and long-
term job promotion prospects (Zhao et al., 2000).