Business Ethics

This module provides a comprehensive introduction to core theoretical concepts of business ethics as well as corporate sustainability and responsibility (CSR). This includes understanding the relation between business and ethics, defining relevant terms and constructs as well as distinguishing between multiple levels of analysis in an international context. Next, the course focuses on a critical discussion of several theoretical approaches to business ethics and CSR. Ethics in business for CFA will also be mentioned, including the moral obligations of professionals in the investment industry, such as acting with integrity, competence, diligence, respect, and putting the interests of clients and the profession above their own personal interests. Since business ethics ultimately aims at influencing business practice, the course then focuses on the practical implementation of business ethics in multinational corporations.

Learning Outcomes

Having successfully participated in this module, students will:

• Understand the critical role and fundamental concepts of business ethics including corporate sustainability and responsibility, stakeholder management and value creation.
• Develop innovative approaches to new and existing business problems. (i.e., solving ethical challenges through stakeholder-oriented, responsible management practices)
• Identify relevant business problems and opportunities including ethical, economic, social, environmental and political aspects of global business, and then employ appropriate methodologies to solve decision problems (i.e., tools and frameworks for ethical decision-making and problem-solving)
• Demonstrate effective fundamental professional oral and written communications skills through group presentations and class discussions.
• Work effectively in a diverse team environment to generate an appropriate solution for a real-world business problem through group projects as well as case studies in class.
  
  Assessment

• Individual Assignment:  70%

• Group Assignment:  30%

• 10% deduction for absence/extra for participation

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