Business Ethics

Opinion: MBAs Adapting to Changing Times

Jeanette Purcell, CEO of the Association of MBAs, says the economic downturn has fueled much debate about where the blame lies for the financial crisis we’re in. Some critics have pointed the finger at business schools which, it is argued, have been teaching the wrong things to MBA students and neglecting topics such as risk management, corporate governance and business ethics. These criticisms, counters Purcell, overlook the significant changes in business schools that have taken place over the past decade.