with important environmental issues such as climate change and overpopulation. Every subject – accounting, marketing, strategy – is taught through the prism of sustainability and ethics. A good place to look for an ethics-focused MBA program is Beyond Grey Pinstripes, a biennial ranking of business schools carried out by the Aspen Institute, a US-based non-profit “dedicated to fostering enlightened leadership” around the world.
The ranking scores business schools in three areas: the amount of course content relating to social, ethical and environmental impacts; “Institutional support” - extracurricular activities, internship programs, clubs and career development initiatives that the school offers that help prepare students for social and environmental stewardship in their careers; and faculty research.
The Stanford Graduate School of Business in California is the top business school when it comes to social, ethical and environmental issues according to Beyond Grey Pinstripes. Closer to home,IE Business School in Madrid is the top school in Europe (ranked third overall).
IE Business School has one of the most active Net Impact chapters in the world. Net Impact is a San Francisco-based non-profit with chapters on university campuses throughout the world.
Net Impact is typical of the kind of ethics-focused organisations trying to make a difference from within the business world. It describes its members as: “a new generation of leaders who use our careers to tackle the world’s toughest problems. We put our business skills to work for good throughout every sector. By doing so, we show the world that it’s
possible to make a net impact that benefits not just the bottom line, but people and planet too.”
IE Business School’s Social Impact Forum, held in November last year, was run entirely by students and featured senior executives from companies like Levis and Accenture as well as Oxfam, the FC Barcelona Foundation and many more.
Graduates of IE Business School are working in all kinds of social enterprises, such as South Africa- based consulting firm Emzingo, and their alma mater is usually their first port of call when looking for new hires.
In Singapore, Nanyang Business School has recently launched several exciting initiatives in corporate social responsibility as part of its mission to develop leaders for a sustainable world.
“The One Planet MBA integrates traditional aspects of business management with important environmental issues such as climate change and overpopulation”
The School recently added a course called ‘Green Trading and Emissions Trading for Managers’ to its MBA program. Emissions trading is a fast- growing area of financial markets, as more and more governments (especially in Asia) adopt market- based solutions to control pollution.
These are just a few of the business schools I’ve come across that are taking ethics seriously, and also have great connections to future employers. There are dozens more. Good luck with your research and feel free to get in touch if you have any questions!
By Maria Ahmed
BUSINESSBECAUSE 21
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