Business Ethics Questioned in Mortgage Crisis

Mortgage foreclosures are increasing in large part due to non-standard lending practices. Foreclosures can have a wide impact, from your street to Wall Street. If you're interested in corporate leadership, an MBA program can help you get there.

by Karen Lawson
MBA Business Schools Columnist

Questionable lending practices may contribute to mortgage problems associated with sub-prime lending. This situation points to questionable business decisions. Under traditional lending guidelines, many homeowners impacted by adjustments in their mortgage rates would not have qualified for mortgage loans. If you believe you could make better business decisions, an MBA degree with an emphasis on leadership can provide access to new opportunities in corporate and executive management.

Business Ethics Under the Public Microscope

As news of business catastrophes and corporate malfeasance make the headlines, public (and stockholder) scrutiny of corporate business practices is increasing. Business ethics, strategic planning, risk management, and accountable leadership are all hot-button issues in today’s business world. If you’re considering an MBA program, choosing an emphasis in leadership can provide the skills and knowledge you need to make it to the executive suite.

Online Business Degrees

If you already have a demanding career, you can help improve your chances for advancement by earning your MBA degree online. Traditional and career-oriented schools now offer MBA degree programs that can be earned in whole or in part online. Your employer may provide tuition assistance, and low cost federal student loans are often available for those enrolled in an accredited degree program. Completing an MBA program that matches your professional aspirations and commitment to ethical business practices can assist in enhancing your career potential. You can shop online for an MBA degree program that matches your needs and talk with admissions counselors about details of MBA degree programs that interest you.

About the Author

Karen Lawson is a freelance writer whose interests include topics in post-secondary education. She holds BA and MA degrees in English from the University of Nevada, Reno.

Posted on July 31, 2007 at 3:14 PM

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