MBA Rankings: Top Schools for Ethics

As part of the 2012 Best B-Schools ranking, Bloomberg Businessweek asked graduates from the MBA Class of 2012 to tell us, via an online survey, about the full range of their business school experience, from getting in to getting a job. One section of the survey singled out specific aspects of the business program and asked the students to rate them on a scale from “poor” to “outstanding.” Over the next few weeks, we will publish the top 10 B-schools in each of the nine specialty areas, from diversity to leadership to entrepreneurship, culminating with publication of the entire specialty MBA ranking, including each of the 82 ranked schools.

Today we look at ethics, a subject area that has seen a boom on B-school campuses over the past five years. The ranking is based on student responses to the question asking them to rank their program’s ethics offerings. Points are awarded for each response—one point for “poor” through six points for “outstanding”—and then averaged for each school. The average ethics score for all 82 U.S. and international schools in the ranking was 4.64. At the top of the list is Notre Dame’s Mendoza College of Business.

At Mendoza, ethics and values-based business teaching are hard to avoid. The student-created “MBA Values Statement” hangs in every classroom; students spend a full day on community service as part of orientation; and each of the 20 core courses and 143 electives that Mendoza offers incorporates social, ethical, or environmental issues through readings, assignments, and class discussion.

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