Although it has been shown that physical attractiveness is an advantage to male applicants for managerial positions, it is not clear whether attractiveness is an advantage or disadvantage to female applicants for these jobs. Male (N=25) and female (N=22) business administration students were asked to simulate selection decisions for a high level managerial job by ranking applicants who varied according to sex, physical attractiveness and managerial characteristics. The results indicated no significant differences in hiring decisions between male and female or graduate and undergraduate subjects. Strong main effects were found for managerial characteristics while modest main effects were found for attractiveness. Applicants with managerial characteristics perceived as jointly ascribed to successful managers and men (leader ability, aggressiveness, emotional stability) were chosen significantly more often than those with characteristics jointly ascribed to successful managers and women (intuitiveness, humanitarian values, awareness of others' feelings). Attractive applicants were ranked significantly higher than unattractive applicants. There were no sex effects or significant interactions. (Author/NRB)