Does Psychological Capital Pave the Way for Academic Adjustment? Evidence from Business School Students

The present study investigates the association between psychological capital (PsyCap) and academic adjustment with the help of a questionnaire from 73 business school students at Panjab University, Chandigarh. The difference in psychological capital and academic adjustment with regards to demographics was also studied. The findings suggest a significant relationship between the two variables and psychological capital had an impact on academic adjustment. Further, it was discovered that there exists a significant difference in psychological capital and academic adjustment among different streams i.e. MBA, MBA (executive), M.Com (Hons.) and Ph.D. A significant difference in academic adjustment with respect to work experience was also seen, where students who had a prior work experience adjusted better. Therefore, this study highlights the positive role of psychological capital that can be used by academicians and university management to help students achieve their academic goals and adjust better.