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Wright State’s Raj Soin College of Business ranked in world’s top 100
Wright State’s Raj Soin College of Business ranked 56 on a list of the top 100 business schools according to the prestigious Aspen Institute, in an announcement released today.
The institute’s 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and alternative ranking of business schools, spotlights innovative full-time MBA programs that  are integrating issues of social and environmental stewardship into curricula and research. Other business schools on the list with Wright State include those at Yale, Stanford, Berkeley, Notre Dame and Duke.
“This recognition underscores the quality of our faculty, curriculum, students and alumni,” said Berkwood Farmer, dean of the Raj Soin College of Business. “For the past six years, under the direction of Joseph Petrick, Ph.D., the Institute for Business Integrity has provided innovative programs, expertise and resources to continually improve moral competency in business education and in the business community. Our faculty integrates ethical decision making throughout the entire MBA curriculum, plus our program places a strong emphasis on social issues and leadership. We are proud to be included in the ‘Global 100’ list of business schools as a result of our mission and ongoing commitment to develop successful and ethical business leaders.”
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.
“Among the factors that contributed to our Global 100 ranking were the required MBA course in Ethical and Legal Decision-making in Global Business and the cutting-edge research, teaching and service activities of the Institute for Business Integrity. These distinguished our MBA program from many others,” said Petrick, professor of management.
This year, 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.”
“In these challenging economic times, the general public, not just scholars, are questioning whether the established models of business are broken,” said Rich Leimsider, director of the Aspen Institute’s Center for Business Education. “Beyond Grey Pinstripes schools are thoughtfully pursuing new approaches. They are preparing students who take a more holistic view of business success, one that measures financial results as well as social and environmental impacts.”
Sample Findings
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.
 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
The Aspen Institute’s mission is twofold: to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society, and to provide a neutral and balanced venue for discussing and acting on critical issues.
The Aspen Institute Center for Business Education (Aspen CBE) equips business leaders for the 21st century with the vision and knowledge to integrate corporate profitability and social value. The institute helps business educators incorporate issues of social and environmental stewardship into teaching and research by offering targeted resources, networks and a platform to share cutting-edge practice among peers. Aspen CBE maintains close ties with over 150 MBA programs in 28 countries. Its websites draw over 100,000 visits monthly and its events and networks attract over 1,000 participants each year.
For additional details about Wright State University’s Raj Soin College of Business MBA program. |
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