Browsing by Author "Leonardo, Christian Ryan"
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Item Restricted The value of practicum for business and economic graduates(2001-03) Gener, Ryan Francis; Leonardo, Christian Ryan; Solon, OrvilleHow is practicum for Business and Economics majors valued in the labor market? How is it related to productivity, salary and the brevity of waiting time for employment? These questions are examined by using a sample of U.P. B.S.B.A., B.S.B.E. and B.S.E graduates. The results show three phenomenon. The first is that practicumers receive relatively larger initial salaries. The second, practicumers are employed earlier on. The third is that the salaries of practicumers converge as the influence of practicum on productivity and hence, salary declines over time. However, the decline in the significance of practicum as a determinant of salary exhibits the least rate as compared to academic aptitude and organizational experience. This suggests that the productivity head-starts of practicumers are not that easy to overcome. Practicum should be highly recommended. Also the results indicate that after ample work experience and exposure, leadership capabilities, as derived from one's history of holding key positions in college organizations, become a very active influence on one's performance at work and hence, productivity and salary.