This paper examines performance differences among demographic groups on the ETS Major Field Test in Business. The study employs the Blinder-Oaxaca decomposition technique to analyze the test score differentials by gender and racial minority status. This technique decomposes the difference into two parts: an endowment effect (or explained portion)…

This article provides information about the value of a core course in business law and why it remains essential to business education. It goes on to identify highly ranked undergraduate business programs that require one or more business law courses. Using "Business Week" and "US News and World Report" to identify top…

The publishers of the Major Field Test in Business (MFT-B), an assessment of learning instrument, provide a list of institutions utilizing the instrument and a table that allows for comparison of local MFT-B mean scores to those of other institutions. The absence of information regarding the comparison group's characteristics limits the validity…

Colleges and universities are being asked by numerous sources to provide assurance of learning assessments of their students and programs. Colleges of business have responded by using a plethora of assessment tools, including the Major Field Test in Business. In this article, the authors show that the use of the Major Field Test in Business for…

The authors offer a classification technique to make a quantitative skills rubric more operational, with the groupings of multiple-choice questions to match the student learning levels in knowledge, calculation, quantitative reasoning, and analysis. The authors applied this classification technique to the mid-term exams of an introductory finance…

Accrediting bodies, including Association to Advance Collegiate Schools of Business-International (AACSB), require evidence that business schools fulfill their stated missions. This often involves using the Major Field Achievement Test in Business (MFAT-B). In this article, the authors studied MFAT-B performance for its relationship to grade point…

We examine the history of VMI's use of the Major Field Test as an assessment tool for its Department of Economics and Business. Further, we chronicle how the information gathered from a decade and a half of use has shaped the curriculum, faculty composition and policies within the Department. There is evidence that the policies surrounding how and…