Abstract:
Psychological capital has been studied by scholars over the last decade, and there
is vast empirical evidence linking it to performance and positive psychological
outcomes in many different cultural contexts. However, the existing literature
does not provide clear evidence on the usage of this concept in the university
setting. Therefore, the purpose of this study is to investigate the relationship
between Psychological capital and academic performance of Management
undergraduates of the Rajarata University of Sri Lanka. Psychological capital was
considered as the independent variable and the academic performance of the
undergraduates was considered as the dependent variable. The sampleof 120 final
year management undergraduates was selected randomly using a questionnaire.
Mean Score and Standard Deviation were used for all the variables for univariate
analysis and correlation coefficient was used for bivariate analysis. The
hypotheses were tested using the results of the Correlation analysis. The results of
correlation analysis illustrated that the undergraduates’ psychological capital was
positively and significantly correlated with the academic performance of the
undergraduates. A strong positive and significant relationship was reported
between the dimensions of psychological capital (hope, optimism, resilience and
self-efficacy) and the academic performance of the undergraduates. The results
disclose the importance of psychological capital to improve the academic
performance of management undergraduates. Therefore, the policymakers should
make necessary arrangement to improve the self-efficacy, hope, optimism and
resilience of the undergraduates to improvetheir academic performance.
