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CIC_two-thirdsBizEdAd2.qxd 5/25/07 10:08 AM Page 2 Graduate Programs Conference Undergraduate Programs Conference Emerging Curricula Conference in 1994 and every two years after. Income findings were collected in 2002, when participants' ages ranged from 37 to 45. Controlled for race and gender, the study evaluated mid-life income of participants by examining their educational levels, grade point aver- ages, SAT scores, child poverty lev- els, parents' education, and parents' occupations. According to the study, child- hood affluence raised the average adult salaries of those who lacked self-confidence by only $7,000; for self-confident individuals, affluence raised their salaries by $28,000. Similarly, parents' occupations made no difference in the earnings of those with low self-esteem. On the other hand, self-confident individu- als whose parents were Timothy Judge professionals earned more money than self-confident individuals whose parents were laborers and individuals who lacked self-confidence. For example, self-confident par- ticipants with economist fathers and chemist mothers earned average annual salaries of $96,200, com- pared to only $50,968 for similarly positioned participants with low self-confidence. It's of little surprise that those from affluent, well-positioned families have advantages in the workplace. But for many, socioeco- nomic advantages aren't the keys to economic success later in life, says Judge. "In light of popular beliefs that kids from middle- and upper- class families have it made," he says, "it is surprising to see what little positive impact socioeconomic status has in the absence of self-esteem." n z BizEd JULY/AUGUST 2007 63 For the agenda and to register, visit www.aacsb.edu/conferences November 15-17, 2007 Baltimore, Maryland, USA Discover the Power of Integration and Collaboration $200 savings with early registration by October 15, 2007. Three Conferences. One location. One cost. Customize an agenda based on your business school's needs by combining sessions from all three conferences. Sessions cover assessment, assurance of learning, strategic management, program content and curricula — a perfect opportunity for anyone responsible for master's or undergraduate programs and curricula. AACSB International Conferences