Overall, this Concentration exposes students to the many, truly complicated ways that business is embedded within and interacts with the rest of society. These cases require students to quickly identify critical problems hidden in complex social fact patterns, and to develop supportable solutions to these problems. The cases taught in law and ethics courses feature a host of real-world, specific problems that are often both complex and ambiguous. This includes but is not limited to students interested in the analytical modes of thinking about social policy and business issues utilized by lawyers, judges, regulators, and ethicists. The Concentration will appeal to students interested in acquiring skill in analytical thinking and in solving complicated problems in complex or ambiguous settings, and to students interested in the creative structuring of business relationships.
The Legal Studies and Business Ethics Concentration is appropriate for any Wharton student, regardless of background or career orientation.Students should review the information below and consult with the concentration advisor to select the best electives for them, based on their interests in law, ethics, or both. Students pursuing this concentration will gain a number of analytic skills, including: identifying moral and legal issues hidden within complex, culturally rich fact patterns reasoning from moral principles to specific ethical and legal conclusions reasoning by analogy between like cases and situations and arguing from authoritative rules and precedents to specific, logically consistent recommendations for action.įour-course units are required for the concentration in addition to LGST 100 (formerly 210) or LGST 101. Of special value to students seeking to broaden their business education, this concentration will help them acquire essential, non-quantitative reasoning skills that are required when leaders face difficult choices under conditions of empirical uncertainty and/or moral ambiguity – a frequent occurrence in fast-moving market economies. The courses students take in this program help them explore how responsible business leaders can engage ethically and effectively with diverse cultures, corporate stakeholders, government regulators, and legal systems. The Legal Studies and Business Ethics Concentration focuses on the social values, moral concerns, and legal considerations that are essential aspects of business decision making in our global market system.
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