Framed within the social cognitive career theory, this study investigates how protean career orientation, perceived self-efficacy, and managerial competencies acquired in higher education influence subjective career success. Employing a two waves research design over three consecutive years (2015 to 2017) post-recession, we collected data through two on-line questionnaires. The second questionnaire was administered 9-12 months later. We tested research model via SEM and path modelling techniques, applying AMOS and PROCES macro tool. Findings from 217 management alumni reveal that early career conditions, particularly self-efficacy, and protean career orientation, predict subjective career success. The moderated mediation analysis indicates that a high perception of managerial competencies enhances the effect of self-efficacy on career success through protean career orientation. The study extends prior research by examining formal knowledge from university education as a contributor to future career success. Emphasizing the significance of proactive individuals with a protean orientation and enhanced career self-efficacy, this research contributes to theoretical understanding and practical implications for career success predictors, highlighting the pivotal role of formal education in shaping early career outcomes.

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• Economia e Gestão - Ciências Sociais