Academic journal article Manager

Financial Crisis MBAs 'Not Part of the Problem'

Academic journal article Manager

Financial Crisis MBAs 'Not Part of the Problem'

Article excerpt

The ABS have recognised that many MBA graduates do indeed work in Financial Services and, of those graduating in the 1 980s and 1 990s, some will have been promoted to senior positions in firms which are now under the spotlight However, many MBA graduates also work in other sectors of the economy and in the public and not-for-profit sectors, so any blanket condemnation of MBAs or Business Schools is unhelpful and plainly wrong. The ABS have also highlighted the growing emphasis in business school programmes on business ethics, corporate social responsibility and sustainability, as these areas are increasingly demanded by today's graduates, employers of all kinds and society at large.

Jonathan Slack, Chief Executive, Association of Business Schools said: "For our part, since 1 997, ABS, which comprises all of the UK Business Schools, has included these important issues in Guidelines and the National Subject Benchmarks, which inform the development of all courses at Undergraduate and Masters levels, including the MBA. …

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