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Lifelong learning mindset and career success: evidence from the field of accounting and finance

David W. Drewery (Department of Recreation and Leisure Studies, Waterloo Centre for the Advancement of Cooperative, University of Waterloo, Waterloo, Canada)
Robert Sproule (School of Accounting and Finance, University of Waterloo, Waterloo, Canada)
T. Judene Pretti (Waterloo Centre for the Advancement of Cooperative Education, University of Waterloo, Waterloo, Canada)

Higher Education, Skills and Work-Based Learning

ISSN: 2042-3896

Article publication date: 19 February 2020

Issue publication date: 21 May 2020

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Abstract

Purpose

The purpose of this article is to examine the relationship between a lifelong learning mindset and career success. A lifelong learning mindset is a way of approaching one's work with curiosity, strategic thinking, and resilience. Career success refers to objective (e.g., number of promotions) and subjective (e.g., job satisfaction) indicators of progress and fulfillment in one's work.

Design/methodology/approach

Two studies are presented. Both studies draw from an accounting and finance program at a Canadian university. In study 1, data were collected from students (n = 62) and their supervisors at the end of a four-month co-operative education (co-op) work term. In study 2, data were collected from graduates (n = 148).

Findings

Results suggest that developing a lifelong learning mindset enhances both objective and subjective career success. Participants' lifelong learning mindset was associated with objective career success in both studies (supervisor-rated performance in study 1 and number of promotions in study 2). Lifelong learning mindset was associated with subjective career success in study 2 (job satisfaction, work engagement, and job-related self-efficacy) but not in study 1 (experience satisfaction).

Originality/value

This article presents the first empirical examination of the relationship between a lifelong learning mindset and career success. Insights from the article highlight the fact that educators and workplace managers might work together to promote a lifelong learning mindset for current and future workers.

Keywords

Acknowledgements

Funding for this project was provided by a University of Waterloo Centre for Teaching Excellence Learning Innovation and Teaching Excellence (LITE) seed grant.

Citation

Drewery, D.W., Sproule, R. and Pretti, T.J. (2020), "Lifelong learning mindset and career success: evidence from the field of accounting and finance", Higher Education, Skills and Work-Based Learning, Vol. 10 No. 3, pp. 567-580. https://doi.org/10.1108/HESWBL-03-2019-0041

Publisher

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Emerald Publishing Limited

Copyright © 2020, Emerald Publishing Limited

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