The Law And Ethics Of An Mba Program

961 Words Aug 28th, 2014 4 Pages
More institutions of higher education are adding law and ethics curriculum to the lists of required courses. After the legal and ethical scandals that occurred at companies such as Enron and accounting firms such as Arthur Andersen, as well as the Ponzi schemes of Bernie Madoff, this seems like a natural course of action for most colleges and universities. Because society uses law and ethics to mold business, it makes sense to teach these in institutions of higher learning, but should these classes also be taught in high school when young adults are getting their feet wet in the world of business? It is important to study law and ethics in an MBA program because a comprehensive set of laws is not enough, ethical relativism and religion lessen the public’s ability to define right and wrong, and elementary schools only teach obedience to laws and rules.
While society enforces thousands upon thousands of rules and laws, understanding the ethics and reasons behind enactment of the laws are still missing in society. Immanuel Kant said it best in the Categorical Imperative when he said, “"All maxims as proceeding from our own [hypothetical] making of law ought to harmonize with a possible kingdom of ends" (Kant, 2009, p. 75). If ethics is not being taught in conjunction with lawmaking, then people will never understand the reasoning behind the creation of the laws under which they must live. Ethics and law are deeply intertwined law is founded on the ethics of the people writing…
Open Document