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September 23, 2011

Aspen Institute ranks Top MBA Programs that value the Social, Environmental and Ethical Impacts of Business Decisions

Aspen Institute

Aspen MBA

Aspen MBA

Aspen MBA

Photos © 2011 The Aspen Institute. Photographers Daniel Bayer/Michael Brands/Steve Johnson.

According to the Aspen Institute’s “Beyond Grey Pinstripes” (a biennial survey and alternative ranking of business schools) released today, the number of business schools teaching MBA students to examine the social, environmental and ethical impacts of business decisions continues to grow.

According to the institute, for the 2011-2012 “Beyond Grey Pinstripes” rankings, 149 schools from 22 countries submitted data. These data included more than 6,000 course descriptions and over 6,000 faculty research abstracts. In addition, the Beyond Grey Pinstripes project team received extensive information on participating schools’ extracurricular activities, institutes and centers, joint degrees and specializations. To arrive at this year’s ranking, the project team spent seven months analyzing the courses and faculty research.

Stanford University, ranked first in the 2005 and 2007 surveys, bounced back from a #4 ranking in 2009 to rank number one in the 2011 survey. Stanford received high marks for the number of courses with social and environmental content it offers students as well as courses that explicitly address the role of mainstream business in improving social and environmental conditions. It also ranked high in creating an environment in which faculty feel free to explore social and environmental topics in their research, says Aspen Institute.

Aspen Kellog Management


Photo: Kellogg School of Management Professor Tim Calkins studies ads with business school students during the Kellogg School’s Advertising Review.

Aspen Institute’s Ranking of Top 10 MBA Programs:

1. Stanford Graduate School of Business

2. York University, Schulich School of Business (Canada)

3. IE University (Spain)

4. Notre Dame, Mendoza College of Business

5. Yale School of Management

6. Northwestern, Kellogg School of Management

7. University of Michigan, Ross School of Business

8. Cornell University, Johnson Graduate School of Management

9. University of North Carolina, Kenan-Flagler Business School

10. UC Berkeley, Haas School of Business

“In all scoring categories used to determine the ranking, business schools have raised the bar,” said Judith Samuelson, executive director of the Aspen Institute Business and Society Program, which conducted “Beyond Grey Pinstripes”. “There are more courses than ever before with content on social, ethical, and environmental issues, more courses about the role of business as a positive agent for change, more exposure of students to this content, and more research published by faculty on relevant topics.”

Despite the gains being made, Samuelson noted, there is still work to be done to address the belief among some business educators that the sole role that business should play in society is to maximize profits - as measured by today’s stock price.

Aspen Institute is based in Washington, D.C. It also has offices in New York City and an international network of partners in Bucharest (Romania), Rome (Italy), Berlin (Germany), Lyons (France), Tokyo (Japan), Madrid (Spain), and New Delhi (India). Its mission is to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society.

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Edited & Posted by the Editor | 7:59 AM | Link to this Post

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