Research Article August 2017 © www.ermt.net All Rights Reserved Page | 194 International Journal of Emerging Research in Management &Technology ISSN: 2278-9359 (Volume-6, Issue-8) A Study of Correlation of Motivational Factor with Overall Job Satisfaction of B- School Faculties in the Context of Pune Region Mittal Ashwin Mohite Asst. Professor, Balaji Institute of Management and HRD, Maharashtra, India Abstract: ducation is very important source of knowledge in today’s world. A good education system in place and its benefits and success entirely depends on the quality of the faculties. It is important that the faculties must have contentment or sense of fulfilment with their job. This is the utmost essential factor in the area of higher education. Several studies have examined from developing countries on Job satisfaction of faculties in Management education. Management education is having more demand in today’s competition. Management education is become a big shot in business world. Job satisfaction can be defined as the encouraging emotive feeling arising from getting what someone is expecting out of. . High level of Job satisfaction shows good emotional and mental state of faculties. If the faculties are not contended with their work profile it is possible that they will not put more efforts in giving their performance which is directly affect the education system and students of the nation. The purpose of this study is to identify the relationship between demographic characteristics (age, gender, academic rank, Working experience in academics) & Job satisfaction of B school Faculties in Pune Region. Data was collected through survey method. A questionnaire is designed to survey with 300 faculties from selected B School in Pune region. Results of this study showed that most faculties were only a moderate level of job satisfaction. However, female faculty members were less satisfied than male faculties. It was found that male faculties outnumber female faculties. Faculty’s ages are evenly spread over all age groups. Maximum numbers of faculties have experience below 10 years. Keywords: Job satisfaction, Demographic Characteristics, B School, Faculty, Higher Education I. INTRODUCTION Are you satisfied about your work profile or your job? This is one of the most researched questions asked and researched in the workplace psychology domain.Work fulfilment or happiness about work and representative satisfaction has been characterized distinctively. It may be basically how anybody is content with their occupation, at the end of the day, regardless of whether anybody like employment or perspectives of it, e. g, task profile or monitoring. Others believe that work happiness is about the employment (full of feeling occupation fulfilment) or insights about the employment (intellectual occupation fulfilment). Due the prevalence of employment fulfilment inside the field of word related and hierarchical brain research, different specialists have given their own particular meanings of what occupation fulfilment is. Job satisfaction is a very important attribute which is frequently measured by organizations. Fulfilling the expectations of the students, management, employers and the institution depends on the motivation level of the faculty members here one has to understand that every B school has two different types of faculties i.e. full time academicians and part/full time corporate experienced faculties. Both these types have their different expectations and motivating them will require a clear understanding of two motivational theories • Maslow’s hierarchy of needs and • Herzberg’s two factory-hygiene theory. Figure 1: Maslow’s Five-Level Hierarchy E