Employability for MBA Finance students: Scale Development and Validation.

Abstract

Employability is a major concern in developing nations. 4 4% of postgraduates are job seekers in the year 2021 in India. This paper aims to find out the antecedents of employability for MBA Finance students from recruiters’ point of view to develop a measurement scale for the employability of Business school graduates (Finance B-school graduates). There has been a gap in the expectations of the organizations and the delivery of the higher education institutions with reference to the skill set possessed by the MBA Finance B-school graduates for employability. A literature review has been undertaken to identify the concept of employability and factors impacting employability in general. Further exploratory factor analysis (EFA) and Confirmatory factor analysis (CFA) has been utilized to check the construct validity. This paper will aid academia, industry as well as the Finance B-school graduates to bridge the skill gap and create an employable workforce with respect to students undertaking MBA.