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)…

Assurance of learning is the key to students' academic success. To this end, one of the largest historically Black colleges and universities (HBCUs) in the United States administers the Educational Testing Service Major Field Test for Business (ETS MFT-B) to assess student learning of business concepts. This study used a set of predictor variables…

This study is the first to explore how business core course review sessions impact standardized test results. A statistically significant improvement in students' overall scores of 16.5% was identified when core course reviews were conducted between Comprehensive Business Exam pre- and posttest dates. As a result, institutional results moved from…

This study is the first to explore how skill and effort drive student achievement using a framework developed by Duckworth, Eichstaedt, and Unger (2015). A statistically significant achievement difference, as measured by Comprehensive Business Exam score during the last semester in college, was identified when students were separated by standard…

While studies have found that both accounting and finance majors outperform other majors on the Major Field Test in Business (MFTB) and the Comprehensive Business Exam (CBE), research has not identified the drivers of this performance advantage. The authors examined multiyear MFTB and CBE scores and identified both business core course composition…

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…

Many business programs address the learning of undergraduate students with an exit exam. A reference librarian and the business school faculty created an online test preparation study guide (or LibGuide) which included no-cost resources that were readily available yet academically authoritative to aid students in studying for the Educational…

It is often the goal or mission of higher education to prepare graduates for leadership roles in organizations and the community. Even if we are to assume that leadership skills can be developed, determining the appropriate ways to teach and measure leadership is often debated. Our study used quantitative data from the ETS Business Major Field…

The increased complexity of today's work environment has made the need for soft skills, such as teamwork, communication, leadership, and problem solving, more salient than ever. Employers hire for these skills because it is increasingly the human resources that give organizations a competitive advantage. Therefore, academia must respond to these…

The use of standardized tests as a piece of outcomes assessment has risen in recent years in order to satisfy external accrediting bodies such as the Association to Advance Collegiate Schools of Business International. The authors explore the value added by the Graduate Major Field Test in Business (GMFT-B) for assurance of learning in a master of…

A standardized exam for program-level assessment can take the form of 1) a customized exam developed in-house by faculty and linked explicitly to program-level learning goals; or 2) a standardized exam developed externally by assessment experts and linked to a set of somewhat broader and more generalizable learning goals. This article discusses…

One concern when repurposing a test to a new population is whether the test is measuring the same construct in a valid and reliable way that is comparable to the intended population. Following the guidelines of the International Test Commission and the ETS Standards for Quality and Fairness, this study was designed to collect evidence in support…

Business schools have established measurement tools to support their assurance of learning (AoL) systems and to assess student achievement of learning objectives. However, business schools have not required their tools to be empirically validated, thus ensuring that they measure what they are intended to measure. The authors propose confirmatory…

The authors describe the four stages of the closing the loop process undertaken by a college of business (COB) over a 6-year period. The COB developed and offered an online, noncredit review course to help students prepare for the Major Field Test in Business (MFT). Early results demonstrated the efficacy of the course as student scores rose from…

To assess the value of individual students' subscores on the Major Field Test in Business (MFT Business), I examined the test's internal structure with factor analysis and structural equation model methods, and analyzed the subscore reliabilities using the augmented scores method. Analyses of the internal structure suggested that the MFT Business…