Nottingham University Business School has again been named the UK leader in ethical and sustainable business in a global league table of innovative MBAs. The School has climbed five places in the world rankings, to number 23, and comes third in Europe.
Nottingham has demonstrated significant leadership in integrating social, environmental and ethical issues into its MBA programme, according to the Aspen Institute's 2009-2010 edition of Beyond Grey Pinstripes, a biennial survey and alternative ranking of the Top 100 business schools.
While many MBA rankings exist, only one looks beyond reputation and test scores to measure something much more important: how well schools are preparing their students for the environmental, social and ethical complexities of modern-day business. As well as evaluating MBA courses, the survey measured the CSR content of all research produced across the Business School. Nottingham came fifth worldwide.
Nottingham University Business School has long been a world leader in this vital field, led by the work of Professor Jeremy Moon, Director of its International Centre for Corporate Social Responsibility (ICCSR).
Professor Moon's work has been exceptional for successfully integrating corporate social responsibility (CSR) throughout the School's programmes and for introducing the UK's first MBA in Corporate Social Responsibility, as well as an MA in the subject. The School is committed to teaching responsible business, and the CSR and business ethics courses are available to all its students.
Reacting to the news, Nottingham University Business School Director, Professor Leigh Drake, said: "To retain first place among UK business schools and rank in the world's top 25 for both our research and teaching is an extraordinary achievement and reflects our commitment to responsible business education.
"The School's International Centre for Corporate Social Responsibility has been an extremely important catalyst for curriculum innovation in this area and the Nottingham MBA is a pioneer in shaping responsible business leaders.
"We have integrated corporate social responsibility and business ethics into all our undergraduate and postgraduate programmes. The School will continue to influence global debate on these important matters and we have seen a generational change in terms of our students' understanding and interest in sustainability issues."
This year, 149 business schools from 24 countries participated in an 18 month effort to map the landscape of teaching and research on issues pertaining to business and society. Relevant data collected in the survey, as well as the entire "˜Global 100' list of business schools, is available at: www.BeyondGreyPinstripes.org
"The best business students move quickly into the front ranks of business - and the attitudes and values they bring to the table are deeply influenced by their time in business education," said Judith Samuelson, Executive Director of the Aspen Institute's Business and Society Program.
"Will they accept the status quo or act on their passion about the positive role business can play at the intersection of corporate profit and social impact? The schools that are competitive in the Beyond Grey Pinstripes ranking are the real trailblazers "“ they assure that students have the right skill as well as the will to make things happen."
"In these challenging economic times, the general public, not just scholars, are questioning whether the established models of business are broken," said Rich Leimsider, Director of the Aspen Institute's Center for Business Education. "Beyond Grey Pinstripes schools are thoughtfully pursuing new approaches. They are preparing students who take a more holistic view of business success, one that measures financial results as well as social and environmental impacts."
School highlights from this Beyond Grey Pinstripes survey cycle are featured in a new guidebook for prospective MBA students, titled The Sustainable MBA.
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Notes to editors: Nottingham University Business School"™s entry in the Beyond Grey Pinstripes survey for 2009-2010 can be seen here: http://beyondgreypinstripes.org/rankings/school.cfm?cid=607
The full list of rankings is available here: www.BeyondGreyPinstripes.org The Aspen Institute Center for Business Education guidebook for prospective MBA students, The Sustainable MBA , is available from www.amazon.com and the Aspen Institute"™s publication website here: www.aspencbe.org/teaching/MBA_Guide.html
Nottingham University Business School
Nottingham University Business School is one of the UK's leading centres for management education and ranks among the world's leading business schools in the 2009 Financial Times and The Economist 2009 Global Top 100 rankings. In the 2008 Research Assessment Exercise (RAE), 70 per cent of the School"™s research was rated as either "˜internationally excellent"™ or "˜world-leading,"™ ranking it 6th in the UK.
The School ranks 1st in the UK and 23rd globally in the Aspen Institute's Top 100 Beyond Grey Pinstripes ranking of the world"™s most innovative MBA programmes that lead the way in integrating social, environmental, and ethical issues into management education and research.
The Business School has pioneered entrepreneurship teaching and research at Nottingham and the University won the 2008-2009 Times Higher Education "˜Entrepreneurial University of the Year"™ award. The University provides innovative and top quality teaching, undertakes world-changing research, and attracts talented staff and students from 150 nations.
The University of Nottingham is ranked in the UK's Top 10 and the World's Top 100 universities by the Shanghai Jiao Tong (SJTU) and Times Higher Education (THE) World University Rankings.
More than 90 per cent of research at The University of Nottingham is of international quality, according to RAE 2008, with almost 60 per cent of all research defined as "˜world-leading' or "˜internationally excellent'. Research Fortnight analysis of RAE 2008 ranks the University 7th in the UK by research power. In 27 subject areas, the University features in the UK Top Ten, with 14 of those in the Top Five.
The University provides innovative and top quality teaching, undertakes world-changing research, and attracts talented staff and students from 150 nations.
Described by The Times as Britain's "œonly truly global university", it has invested continuously in award-winning campuses in the United Kingdom, China and Malaysia. Twice since 2003 its research and teaching academics have won Nobel Prizes. Nottingham has won the Queen's Award for Enterprise in both 2006 (International Trade) and 2007 (Innovation, School of Pharmacy).
Nottingham was designated as a Science City in 2005 in recognition of its rich scientific heritage, industrial base and role as a leading research centre. Nottingham has since embarked on a wide range of business, property, knowledge transfer and educational initiatives (www.science-city.co.uk ) in order to build on its growing reputation as an international centre of scientific excellence. The University of Nottingham is a partner in Nottingham: the Science City.
Aspen Institute Center for Business Education
The Aspen Institute Center for Business Education (Aspen CBE) equips business leaders for the 21st century with the vision and knowledge to integrate corporate profitability and social value. It helps business educators incorporate issues of social and environmental stewardship into teaching and research by offering targeted resources, networks and a platform to share cutting edge practice among peers.
As part of the Aspen Institute Business and Society Program, Aspen CBE maintains close ties with over 150 MBA programs in 28 countries. Its websites draw over 100,000 visits monthly and our events and networks attract over 1,000 participants each year.
The Aspen Institute mission is twofold: to foster values-based leadership, encouraging individuals to reflect on the ideals and ideas that define a good society, and to provide a neutral and balanced venue for discussing and acting on critical issues.