This is awesome: The Aspen Institute has released a survey of MBA programs, going beyond test scores and ranking them according to “how well schools are preparing their students for the environmental, social and ethical complexities of modern-day business.” [Full disclosure: A friend of mine worked on the report].
The rankings reward programs which are not only academically rigorous, but which impart upon their students values, ethics and a sense of social responsibility. Some of the findings:
• The percentage of schools surveyed that require students to take a course dedicated to business and society issues has increased dramatically over time, but at a slowing rate: 34% in 2001; 45% in 2003; 54% in 2005; 63% in 2007; 69% in 2009.
• Since 2007, the number of elective courses offered per school that contain some degree of social, environmental or ethical content has increased by 12%, from approximately 16.6 to 18.6 electives.
• The proportion of schools offering general social, environmental or ethical content in required core courses has increased in many business disciplines–Accounting, Economics, Finance, Management, Marketing, Operations Management–since the last survey in 2007.
• However, the percentage of schools requiring content in a core course on how mainstream business can act as an engine for social or environmental change remains low, at 30%.
• Approximately 7% of faculty at the surveyed business schools published scholarly articles in peer-reviewed, business journals that address social, environmental or ethical issues. The titles and abstracts of the 1,211 articles are available at www.BeyondGreyPinstripes.org.
It’s a pretty cool report, and definitely worth checking out.