The State of Business Schools, Business Education, and Business Ethics

Business schools and business education prepare students to learn the basics of thinking critically, communicating effectively and managing small and large enterprises so they can serve society in a successful and socially responsible manner. However, recently business schools and their graduates seem to be a target for many critics as they link the ethical lapses of senior executives to major scandals that have partially led to the financial challenges that the world is facing today. Perhaps some analysis and reflections are needed for a self-analysis of business education and its curricula. The questions and thoughts reflected upon in this writing are focused on business schools, business education, and the integration of ethical thinking in business curriculums. The authors offer reflections, suggestions and practical tips for the consideration of university administrators and business school faculty members.