Ethical and legal considerations can be as crucial to business leaders as marketing, finance, and manufacturing, Constance Bagley told a group of prospective students. "These are the types of decisions that make or break companies," said Bagley, professor in the practice of law and management.
Bagley was teaching an hour-long "mock course"; her students were 36 visitors attending Explore Diversity Day, an event that introduces diverse applicants to Yale SOM. In addition to the mock class, intended to introduce students to the Yale SOM classroom, the day also included an overview of the integrated curriculum and a tour of the Yale campus.
Our integrated curriculum reflects an acknowledgement that there are many stakeholders out there. It's giving you a set of lenses.
Bagley used a case study to discuss topics such as the ethical obligations between financial advisors and their clients, transparency, and fiduciary responsibility. She explained that ethical considerations come up regularly in the classroom at Yale and that achieving robust financial returns and acting responsibly are not mutually exclusive goals. "When we talk about training leaders for business and society, it's not an either/or proposition," Bagley said. "Our job is to make sure that at a minimum you're asking the ethical questions."
Soliciting student input, Bagley said that a diversity of voices is important in the classroom and in business. Yale SOM's curriculum, she said, helps teach students to look at questions from multiple viewpoints. "Our integrated curriculum in many ways reflects an acknowledgement that there are many stakeholders out there," Bagley said. "It's trying to give you a set of lenses. "
Explore Diversity Day also included a session about the MBA curriculum led by Olav Sorenson, Frederick Frank '54 and Mary C. Tanner Professor of Management, and Thomas Kolditz, professor in the practice of leadership and management. Other sessions explored the admissions and financial aid process, and career possibilities.
Yale SOM's next Explore Diversity Day event is scheduled for November 4. Learn more and register.