The motivation for this research came from a quote by the former president of BP and the current chairman of the Institute of Ethics (IBE), Sir Peter Walters. He proclaimed that "It is essential that tomorrows managers know how to recognise and cope with the ethical dilemmas…
this paper seeks to answer is whether or not business ethics should be taught to aspiring business professionals as a compulsory degree module before they enter the qualified business world.
This papers content is also highly relevant in the current climate as the existing economical situation stresses. Adam James writing in The Guardian argues it was the business schools that flooded the banking world with the unethical graduates which facilitated the economic plunge. (The Guardian, 2009).
The topic of teaching ethical business practices will be an ongoing argument and this research paper does not seek to answer if business ethics ARE currently taught, rather SHOULD they be taught, not as an optional unit in a business degree but as a compulsory module.
One of these ongoing arguments is highlighted in The Guardian (2009) where David Crowther, professor of CSR at Leicester business school, argues that the teaching of business ethics has been commonplace for over ten years (well before the current banking turmoil) and that the present financial crisis was caused by the behaviour of graduates who went to business school in the time of Thatcherism and Reaganism.
This is counter argued by the Association of MBAs, which state that just 20% of UK MBA courses have a mandatory CSR module, so if business students do not want to study business ethics then they can choose not to. So this snapshot can conclude that the question of ARE business ethics currently taught cannot be answered in the time frame of this research project as the there are too many ongoing debates to reach a robust, finite answer. However the question of SHOULD business ethics be taught as a compulsory module for business students can be answered to a degree of satisfaction.
From my research I have discovered that there are a wide variety of journals, press releases, academic books and web blogs with information on the topic of studying business ethics. This should provide me with access to a ...
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