Course Description:
The purpose of this interdisciplinary course is twofold: First, it is designed to build the student's awareness of the interplay among a society's laws, ethical norms, and markets. Second, through case analyses, it provides the student with a chance to exercise his or her own ethical judgment in business situations. The overall goal is to help the student to realize that ethical assumptions, choices, and conflicts are inherent in virtually all business decisions, and to develop a greater understanding of the manager's professional responsibilities. All sections of the course use the same book of readings and cases, and all will cover the same set of essential topics, including fiduciary responsibilities, product liability, ethical issues in the workplace (such as preferential hiring, sexual harassment, drug testing, or whistle blowing) and ethical conflicts in international business. Yet, by the instructor's selection of specific cases or readings, each section of the course will differ slightly in emphasis. Course instructors come from every department in the Stern School and reflect a broad range of interests and orientation. For each session, students will be required to study readings, either essays in business ethics or judicial opinions, and to prepare one or more cases for analysis in class. Class discussion is an essential part of the course. Students will explore in actual business contexts the fundamental concepts that underlie professional responsibility. In order to bring different perspectives to the classroom, each section of the course will host at least one outside speaker during the term. Professional Responsibility is a second year core course and part of the capstone program. Every student in the course should have a working knowledge of economics and the various functional areas of business, and this knowledge should be applied to the cases, readings, and class discussions. Students should complete or place out of all of the first-year core courses prior to enrolling.
Pre/Corequisite:
Pre-requisite -
COR1-GB.1302 ( B01.1302 ) - Leadership in Organizations
Pre-requisite -
COR1-GB.1303 ( B01.1303 ) - Firms and Markets
Pre-requisite -
COR1-GB.1305 ( B01.1305 ) - Statistics and Data Analysis
Pre-requisite -
COR1-GB.1306 ( B01.1306 ) - Financial Accounting and Reporting
Pre-requisite -
COR1-GB.2103 ( B01.2103 ) - Strategy I
Pre-requisite -
COR1-GB.2104 ( B01.2104 ) - Strategy II
Pre-requisite -
COR1-GB.2303 ( B01.2303 ) - The Global Economy
Pre-requisite -
COR1-GB.2310 ( B01.2310 ) - Marketing
Pre-requisite -
COR1-GB.2311 ( B01.2311 ) - Foundations of Finance
Pre-requisite -
COR1-GB.2314 ( B01.2314 ) - Operations Management