Shift becomes the new select modifier and stops cloning and extruding edges, so you can turn that off and go back to using the max default of ctrl as a select modifier, but then that creates some problems and you end up using some very convoluted work arounds to get it all hooked up and working right. It's more of a pain that it's worth...
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Customize > Preferences > Interaction Mode tab > switch it to Maya.
But you run into problems, like what was talked about in this thread.
http://www.polycount.com/forum/showthread.php?t=126287
Shift becomes the new select modifier and stops cloning and extruding edges, so you can turn that off and go back to using the max default of ctrl as a select modifier, but then that creates some problems and you end up using some very convoluted work arounds to get it all hooked up and working right. It's more of a pain that it's worth...
http://lmgtfy.com/?q=max+2014+maya+navigation