Psychological Capital (PsyCap) among Students-A Study Exploring the Relationship with Career Choices

Abstract

The aim of this article is to study the psychological capital among students and compare the psychological capital of MBA students with entrepreneurship specialization and other specializations. Psychological Capital or PsyCap refers to individual's positive psychological state of development. The article first elaborates on the evolution of PsyCap, explains its uniqueness, moves onto its dimensions and then empirically analyses the psychological capital among students of two different courses. It has been hypothesized and proven through inferential statistics that the aspiring entrepreneurs are definitely much higher on scores of psycap as a whole and especially with confidence.