TOP 2024 / 2025
EDUNIVERSAL BEST MASTERS RANKING
MBA full time
in Chile
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The expert's corner
Hector Rocha
Professor of Business Policy
IAE Business School
Some business schools have been a target for critics, on the basis that they were responsible for shaping the worldview and skillset of those very executives whose ethical lapses and poor judgments caused the corporate and financial scandals of the last 15 years. In response, management education have devoted the majority of its energies to address curriculum design issues adding new courses on Ethics, Sustainability and Corporate Social Responsibility. We argue, instead, that the most pressing need facing business schools is not to teach new courses to be responsive to social demands, but rather to revisit their mission and re-examine their curriculum design choices in this light. For us, business education has, as distinctive features, expertise, autonomy, and an ethos of service to society. Our view is that, in addition to gaining technical knowledge and growing their professional networks, students should experience personal growth which, following Aristotle, we define as growth in ‘excellences, virtues or character strength’.
In short, we assume that the role of management and business schools focuses on empowering leaders for the common good rather than on creating an instrumental system of production and consumption.