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The Ethical Education of an MBA (Ethikos Archives)
The Ethical Education of an MBA (Ethikos Archives) July/August 1987 - By Andrew Singer. “The integrity of American business has been shaken by a wave of indict­ments of Wall Street traders and by criminal charges against some corporate giants. We who run America ’s business schools are concerned about how people behave in business, and our responsibility to influence positive ethical behavior is considerable and urgent. We must teach not only the skills of management but also the principles of right and wrong.”—Russell E. Palmer, dean of The Wharton School, The New York Times, June 20, 1986. For the last five or six years, Kirk Hanson has been struggling to have ethical questions raised within the core curriculum of Stanford University’s Graduate School of Business. It has been an uphill fight. “There’s a view that it (i.e., business ethics) is not quite legitimate, not academically respectable,” says Hanson, who teaches an elective course to second year MBA candidates, “Ethical Dilemmas in Management.” But now all that may be changing. The recent insider trading scandals on Wall Street have focused attention on what the nation’s business schools are doing to influence ethical behavior” “There’s more concern,” observes H.J. Zoffer, dean of the Graduate School of Business at the University of Pittsburgh. “Many of the people implicated in the scandals happened to be MBAs. A question arises: Did they act like that because of their MBA training?” “The insider trading scandals and other news have now made it easier to experiment,” notes Hanson. “Earlier, there might have been some grumbling.” At the University of Pittsburgh, Zoffer reports they are exploring new ways to “sensitize future business executives to ethical quandaries,” by using computer software and arranging team courses with the University’s philosophy department. At The Wharton School, they have set up teams of core faculty and students to find ways to integrate ethical issues into the core curriculum.

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