AN INVESTIGATION OF CAREER BENEFITS FROM THE MANCOSA MBA QUALIFICATION

Abstract

This paper examines the career benefits of the MANCOSA MBA qualification. This study tests the hypothesis that there is a positive link between obtaining the MBA qualification, productivity at the workplace and career enhancement. This study also tests human capital theory which declares that the more educated a workforce, the higher the productivity. The framework of this study is underpinned with a quantitative approach by utilising descriptive and inferential statistics. The findings of the research yielded a positive correlation between the MBA qualification and workplace productivity and career progression. In addition, the most important reason the MBA qualification is considered a competitive qualification in South Africa is because MBA graduates apply their knowledge at their workplace. The finding of the study also lends support to human capital theory, as it is proves that productivity increases in the workplace due to the MBA qualification. However, the survey also reveals that although the MBA is a famed business qualification, it does not inspire entrepreneurial adventure, as most MBA graduates pursue personal careers rather than entrepreneurial opportunities.