Students from across the world are traveling to Loyola Marymount
University to compete in
the 11th Annual National Intercollegiate Business Ethics Competition, April 16
- 18. The competition is part of the Business Ethics Fortnight, a multi-week
program at LMU centered on facing real-life ethical challenges in the business
world. This competition offers students a chance to win up to $2,000 and
distinguished awards in business ethics.
Teams consist of 3-5 members who compete to present the
legal, financial and ethical dimensions of a business problem. The participants
are faced with contemporary issues such as oil drilling, cloning and food
services, corporate environmentalism and fair trade practices, among others.
LMU faculty and local Los
Angeles business professionals judge the students
presentations. The final teams face off and a winner is announced at the awards
banquet on April 18.
By challenging students to come up with solutions on all
fronts – legal, financial and ethical – they are presented with real issues
that businesses face every day. The event helps students learn there are ways
to make a profit in business while still maintaining a high standard of ethics.
More than 30 schools will compete this year including two
international universities, Central European University
Business School,
Budapest, Hungary
and Canada and Middle East Technical University, Turkey. Other national schools
include UCLA, Fairfield University, United States Naval Academy, Villanova University,
University of Arizona,
University of Michigan
and University of
San Francisco, among many
others.