This study examined the perceptions of high performing undergraduate students in marketing and advertising majors. Specifically, it examined the relationships among three levels of student performance and student satisfaction with their business programs and learning outcomes. High performing students were more satisfied with their programs and with the overall program effectiveness than low performing students. However, high performing students were less satisfied with the characteristics of fellow classmates. The findings regarding learning outcomes were not as consistent, with high performers reporting higher problem solving, lower using and managing technology, and similar levels for other learning outcomes. Overall, the results have implications for business programs that want to attract, retain, and graduate their high-performers, and they highlight further research opportunities.