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News

MBA Students want Changes in their Curriculum

As business leaders struggle to guide their companies through the current economic turmoil and regain the public trust in their ability to do so, future leaders are thinking about what they are learning in business school and wondering if they will have the skills necessary to navigate future crises. "New Leaders, New Perspectives: A Survey of MBA Student Opinions on the Relationship Between Business and Social/Environmental Issues," finds that students have mixed feelings about how well they are being prepared to manage such challenges. Conducted in the last months of 2008 by Net Impact in partnership with the Aspen Institute Center for Business Education, the survey gathered the opinions of 1,850 MBA students, representing over 80 graduate business programs. Nine out of ten respondents say that a focus in business on short-term rather than long-term results has been one of the contributing factors to the global financial crisis. Just 24% of respondents strongly agree that they are learning how to make business decisions that will help avert similar crises. In addition, a majority of the students surveyed strongly agree that there is a need for business schools to introduce other financial models into the curriculum, specifically models that take long-term social impacts into account. An executive summary, as well as the full report of the survey, can be found at http://www.netimpact.org/perspectives

03 Mar 2009

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