One of the largest sources of education for future leaders is business schools where, in the United States alone, 100,000 MBA degreea are awrded each year. In 1999, The Aspen Institute's Initiative for Social Innovation through Business (Aspen ISIB) launched a longitudinal survey measuring the effects of an MBA education on student's attitudes about the roles and responsibilities of business. Specially, we wanted to find out :



* How MBA students view the role of the company in society ;

* How student's attitudes to ward the roles and responsibilities of the company in society are shaped by the MBA experience; and

* What messages MBA students are receiving from business schools about acceptable values and behaviors in business.



The survey was conducted via the internet by Universum International, a global consulting and communications firm, and took place over three "waves":



Wave I - August/September 1999 captured the responses of 1,116 MBA students as they were entering business school.



Wave II - Spring 2000 consisted of 512 respondents at the end of the first year of their MBA program.



Wave III - Spring 2001 surveyed 551 graduating mBA students.



During Summer and Fall 2001, business leaders and MBA students were consulted to help us interpret the survey results. Their thoughts on what the dat mean - for business and business education - are included in this summary.



Thirteen international schools participated in the survey

*Columbia Business School,

*Darden Graduate School of Business Administration, University of Virginia

*Graduate School of Industrial Administration, Carnegie Mellon

*Haas School of Business, Univeristy of California (berkeley)

*IMC Graduate School of Business (Budapest)

*Kellogg School of Management, Nortwestern Univeristy

*London Business School

*Mendoza College of Business, University of Notre Dame

*Richard Ivey School of Business, University of Western Ontario

*Schulich School of Business, York Univeristy (Toronto)

*Univeristy of Michigan Business School

*The Wharton School, Univeristy of Pennsylvania

*Yale School of Management