Business schools are working hard to instill a sense of ethics into their students, especially in the wake of recent corporate scandals. Many programs have some kind of business ethics class as a requirement for MBA students, though they admit that teaching ethics is the easy part; it’s much more difficult to ensure that students will actually practice these values once they venture into the business world. Still, schools are taking this requirement very seriously. The University of Chicago even has their “Guide to Business Ethics” course taught by a Nobel laureate (Robert Fogel).
Let’s hope all their efforts can ward off any Enron repeats.