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Sunday, August 06, 2006

Family MBA

Did you know that gaining an MBA is likely to affect your whole family? There has been quite a lot of research regarding education and family lifestyle, and the latest I have had sight of is from Massey University in New Zealand.

Apparently parents who have qualifications are more likely to have children who will also gain qualifications - and the higher the parents' qualifications, the higher the childrens' achievements. Mothers have a more pronounced effect on the achievements of children, although professional qualifications are more likely to affect children than purely academic qualifications.

I suppose this can seem like common sense. Mothers who are educated will automatically pass on ways of doing things that will help their children in education. And being surrounded by a certain set of expectations means that goals get set early in life - always a major factor in achievement.

But it's worthwhile knowing that your MBA will not only benefit yourself.

# posted by Mary @ 3:45 PM  
Comments:
I wonder whether they properly controlled for this? Professions do run in families (not all, of course, but it is true that certain professions do run in families) and one which does is academia: who of course must all have a Ph.D. at least.
But with MBAs and other higher degrees I can see that it would have such an effect: certainly income rises with such higher degrees and qualifications as an MBA, so children will be able to see that the extra years of investment in human capital pay off, from direct experience.
The extra effect from mothers I’d put down to the lower expectations of past times. Once that would have been rare, now more commonplace, that a woman would have a higher degree.
# posted by failingeconomist : 6:44 AM
 
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