Most of the people today and especially who watch news are read the Financial Times read a lot about Scams, frauds. From the example of the latest Satyam Scam to the Enron scam its came as a big surprise that the doers have been graduates of the elite business schools. Its therefore understood by the Business community in general to teach ethics as a core part of the MBA program so the final bschool graduate is able to take Morally right decisions.
Teaching ethics in business schools is essential to direct prospective business personalities to understand and apply a code of conduct concerning their behavior when delivering products and services. The teaching of ethics helps businessmen to tackle difficult situations in their profession constructively. It creates awareness among students about the role of ethics in business in an international and vibrant environment. It also attempts to instill the values of honesty and respect for others in students.
Undergraduate, graduate and doctoral courses in ethics are conducted in business schools. The courses cover concepts of moral interpretation, institutional management, social bonding, and analysis of rights and duties. Teaching ethics in business schools involves an interactive study of various circumstances that lead to success in business. The roles of culture, position of an executive and human behavior are also included in the syllabus.
It is therefore that we at the JRE group of institutions believe that ethics and the concept teaching is really essential to the Business school overall and in the grooming of modern graduates who seek to work in modern organizations.
Leadership and organizational power are key words in the teaching of ethics in business schools. Professors detail with examples and models the ways in which leaders have incorporated ethics in their business dealings. The courses help students to attain organizational quality based on values. Teaching ethics in business schools gives an opening about various issues to be faced when dealing with social challenges.
The works of various philosophers such as Adam Smith, Gandhi, Marx and John Stuart Mill are taught in business schools to connect ethics and economics. Seminars are conducted to hold open discussions on these topics. Specialization in theoretical and applied ethics, along with the management of business, gives students value oriented business knowledge.
Fresh perspectives are introduced in courses with the help of visiting faculty. They conduct joint research projects with faculties of the institution. A wide variety of executive programs to evaluate new tactics, values and leadership in business firms, is conducted in business schools. Case studies, internal debates and seminars are techniques adopted in teaching ethics in business schools. The concept of ethics is always linked with social factors. In addition to values practiced in a business society, the syllabus also incorporates social inference of business strategies and corporate social responsibility.