While critics call for targeting more experienced managers as MBA candidates, it is interesting to note that certain types of MBA programs tend to attract these types of students. For example executive MBA students tend to be experienced managers with a good sense of „real world‟ needs (Lorange, 2005). Yet much of the research we describe below has focused on more traditional MBA programs or on the perceptions of more experienced MBA students in executive MBA programs outside North America. In our description of the exploratory research reported in this paper, we discuss the perceptions, expectations, and motivations of.