Claremont, CA, December 04, 2009 --(PR.com
)-- The Peter F. Drucker and Masatoshi Ito Graduate School of Management has demonstrated significant leadership in integrating social, environmental and ethical issues into its MBA program, according to the Aspen Institute’s 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and alternative ranking of business schools. The School has ranked 89th on a list of the Top 100 Business Schools.
While many MBA rankings exist, only one looks beyond reputation and test scores to measure something much more important: how well schools are preparing their students for the environmental, social and ethical complexities of modern-day business.
This year, 149 business schools from 24 countries participated in an 18-month effort to map the landscape of teaching and research on issues pertaining to business and society. Relevant data collected in the survey, as well as the entire “Global 100” list of business schools, is available at: www.BeyondGreyPinstripes.org.
“The best business students move quickly into the front ranks of business--and the attitudes and values they bring to the table are deeply influenced by their time in business education,” said Judith Samuelson, Executive Director of the Aspen Institute’s Business and Society Program. “Will they accept the status quo or act on their passion about the positive role business can play at the intersection of corporate profit and social impact? The schools that are competitive in the Beyond Grey Pinstripes ranking are the real trailblazers--they assure that students have the right skill as well as the will to make things happen.”
The percentage of schools surveyed that require students to take a course dedicated to business and society issues has increased dramatically over time, but at a slowing rate: 34% in 2001; 45% in 2003; 54% in 2005; 63% in 2007; 69% in 2009. Since 2007, the number of elective courses offered per school that contain some degree of social, environmental or ethical content has increased by 12%, from approximately 16.6 to 18.6 electives. The proportion of schools offering general social, environmental or ethical content in required core courses has increased in many business disciplines--Accounting, Economics, Finance, Management, Marketing, Operations Management--since the last survey in 2007. However, the percentage of schools requiring content in a core course on how mainstream business can act as an engine for social or environmental change remains low, at 30%. Approximately 7% of faculty at the surveyed business schools published scholarly articles in peer-reviewed, business journals that address social, environmental or ethical issues. The titles and abstracts of the 1,211 articles are available at www.BeyondGreyPinstripes.org.
About the Peter F. Drucker and Masatoshi Ito Graduate School of Management
The Drucker School’s programs and degrees are unique in their focus on management as a liberal art, rather than specific concentrations on core business functions such as accounting, finance, or marketing. At Drucker, students are challenged to do good and do well, and the curriculum reflects a value-based approached to management education. Along with its sister institution, The Drucker Institute, the Drucker School is committed to advancing effective management, ethical leadership and social responsibility in organizations in all sectors of society, locally, nationally and globally.
About Claremont Graduate University
Founded in 1925, Claremont Graduate University (CGU) is an independent institution devoted entirely to graduate study. More than 2,000 students are studying for Master of Arts and Doctor of Philosophy degrees in 22 disciplines. Located 35 miles east of Los Angeles, CGU is part of a liberal arts consortium commonly known as The Claremont Colleges. The Claremont University Consortium (CUC) includes Pomona, Scripps, Harvey Mudd, Claremont McKenna and Pitzer colleges, plus the Keck Graduate Institute of Applied Life Sciences, and Claremont Graduate University.