There is a growing demand for programs assisting students in discovering their vocations in higher education. Many graduates, particularly from Generation Z and millennials, express a need for their work to align with their values. However, business schools have lagged in adapting to these demands. Research indicates that business school graduates tend to exhibit higher levels of dark triad traits, such as narcissism and Machiavellianism, which can influence workplace behavior and decision-making, often leading to lower wages for workers compared to firms led by non-graduates.
According to a 2019 Bates/Gallup poll, 80% of college graduates want a sense of purpose from their work. This sentiment is echoed by 50% of Generation Z and millennial employees in the U.K. and U.S., who have resigned due to misalignment of company values.
Business school students from Generation Z are demanding course content that reflects societal changes, including diversity and inclusion, sustainability, and poverty. The Financial Times describes them as a 'more demanding cohort'.
Studies have indicated that applicants to business schools score higher on the 'dark triad' traits of narcissism, psychopathy, and Machiavellianism, which can lead to cunning and unscrupulous behavior.
A study examining 9,900 U.S. firms showed no difference in sales or profits between those run by business school graduates and those who weren’t. However, it revealed labor wages were cut by 6% at businesses managed by business school graduates.
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