Students from around the world plan to travel to Loyola Marymount University (LMU) to participate in the Tenth Annual National Intercollegiate Business Ethics Competition scheduled Thursday through Saturday, April 10th through 12th.
The competition is part of Business Ethics Fortnight, a multi-week program at LMU that challenges students to tackle real-life ethical challenges in the business world. The competition offers students a chance to win over $6,000 in cash prizes and awards in business ethics.
Teams consist of three to five members who present their legal, financial and ethical analysis of a business problem to a panel of executive judges comprised of professionals from the business community, including Bank of America, Northrop Grumman, DuPont, FedEx, Kinkos, Neutrogena, Speedo and others.
Topics presented will include contemporary issues such as sub-prime lending, e-waste, carbon credits and the ethics of marketing to children.
The first round determines graduate and undergraduate divisional champions, who then compete in a final round. The winner will be announced at the awards banquet April 12th. The event also includes a discussion of “Global Business and Ethics” by a panel.
More than 30 schools are scheduled to compete this year, including three international universities — McGill University, Canada; Middle East Technical University, Turkey; and Central European University Business School, Hungary.
Among the other schools are Dartmouth, UCLA, United States Military Academy, United States Naval Academy, New York University, University of Arizona, University of Michigan and University of San Francisco.