Ethics at Business School

Ethics is not intensely taught at Business Schools. The FT discuss the "Beyond Grey Pinstripes" ranking report by the World Resources Institute and the Aspen Institute. The ranking methodology evaluate how Business Schools prepare their graduate "on the social, ethical and environmental stewardship of business".

Number 1 is Stanford followed by ESADE (Spain). The London Business School did not make it to the top 30 which is not surprising given that Ethics is a one-time class taught at the beginning of the first year and the content of the class is not really compelling.

Of course, no student will choose its school based on the Ethic ranking but that may count to employers and more importantly, it's critical that future managers have those issues in mind. Forgetting about them could lead to tragic consequences: think Enron or Worldcom and more recently the hedge fund manager at Bayou Management who killed himself after commiting fraud.