European business schools are actively taking a lead in fostering good CSR management practices. Lala says: "I met MBS at the QS World MBA Tour in Rome last year. It was great to speak face-to-face with an admissions officer. Amongst other things, I was impressed by their commitment to fostering good governance."
MBS offers a number of electives, which look at the checks and balances used to manage the relationships between the board, management and investors/owners of a company. Those electives include: Business Law, Corporate Financial Management, Corporate Reputation and Competitiveness, Corporate Social Responsibility and Business Ethics. In addition, there is a CSR Club run by the students. The Geneva International Organisations MBA programme specialises in CSR, providing an opportunity for students to integrate their MBA studies with internships in international governmental and non-governmental organizations in Geneva.
Many US business schools have also responded to the CSR challenge. Harvard Business School came in for criticism because Jeffrey Skilling, the CFO of Enron was a Harvard MBA. Yet, Paul Danos of Tuck says, "we screen our applicants in terms of their potential to be principled leaders." He continues: "Tuck has an Academic Honor Principle. Each member of the Tuck community accepts personal responsibility to uphold and defend high ethical standards in all academic endeavors." As Lala says: "If I do become a general manager in a major company, I feel my MBA will better prepare me to deal with the responsibilities. My career progression will be best served by achieving responsible growth for the company in an ethical way. I won't be swayed by personal pressure from the owner or major shareholder. I will know the rules of the game."