Stillman School M.B.A. Recognized by Aspen Institute
Stillman School M.B.A. Recognized by Aspen Institute for Excellence on Social and Environmental Issues.
The Stillman School of Business has demonstrated significant leadership in integrating social and environmental issues into its M.B.A. program, according to the Aspen Institute’s 2007-2008 edition of Beyond Grey Pinstripes, a biennial survey and alternative ranking of business schools. Seton Hall University was ranked 77 on a list of the Global Top 100 Schools.
The Stillman School is the only New Jersey M.B.A. program to place in the list of the global top 100 schools and one of only four New York metropolitan area M.B.A. programs in the global top 100.
“This year’s survey tells us that society and the environment are becoming significant issues on campus, not just for students, but in the Dean’s office and in many classrooms,” said Rich Leimsider, director of the Aspen Institute Center for Business Education.
“In the Beyond Grey Pinstripes survey, success is measured not by how much new M.B.A. graduates earn or how many offers they get,” said Judith Samuelson, executive director of the Aspen Institute Business and Society Program, “but by how well prepared they are to guide a company through the complex relationship of business and society, where issues relating to the environment or the well-being of a community can impact a company’s performance and reputation.”
Invitations to participate in the 2007 survey were sent out to 600+ internationally accredited business schools with in-person, full-time M.B.A. programs. Over forty thousand pages of data were collected from 111 schools this year—71 institutions located in the U.S. and 40 international schools, representing 18 countries.
- The percentage of schools surveyed that require students to take a course dedicated to business and society issues has increased dramatically over time, from 34% in 2001 to 63% in 2007.
- Since the last survey in 2005, the number of elective courses per school dedicated to social/environmental content has increased 20%.
- The proportion of schools offering general social and environmental content in required core courses has increased in most business disciplines—Accounting, Economics, Finance, Management, Marketing, Strategy—since the 2005 survey.
- However, the proportion of schools requiring content in core courses on how mainstream business can address social or environmental issues remains low.
- Of the 112 schools that responded to the survey this year, 35 offer a special concentration or major that allows M.B.A.s to focus on social and environmental issues inherent in mainstream, for-profit business.
- Change is still occurring slowly when it comes to published academic research on social or environmental topics. In the 1999-2000 survey, even top schools had as few as three to four published research articles on these concerns across the entire faculty. In the 2007-2008 survey, only 5% of the faculty at the surveyed business schools published research that examined important social or environmental impact or business opportunities.
The complete ranking of the Beyond Grey Pinstripes 2007-2008 “Global 100” business schools can be found at www.beyondgreypinstripes.org.
For more information please contact:
Paula Becker Alexander