Ethics Education Grows in Importance for MBA Candidates. (Catholic Colleges and Universities)

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A master's of business administration--an MBA--degree means money and lots of it. Business Week magazine reports that even in today's slumping economy, graduates of the nation's top 30 MBA programs can expect a first-year post-graduate salary of nearly $130,000.

But is an MBA bad for the soul?

A spring 2000 Aspen Institute survey of 512 MBA candidates revealed that more than 80 percent of those finishing the first year of a program placed "maximizing shareholder value" as the top responsibility of a corporation; significantly, the survey showed that the further along a student is in their MBA quest, the more likely he or she is to put a premium on shareholder value. Other considerations--service to the …