VERMILLION, S.D. -- At a time when ethics play a role in global economic uncertainty, the Beacom School of Business at The University of South Dakota is making certain that its faculty and students are committed to upholding their own professional code of ethics.
As recently as Nov. 20, faculty and staff members from the Beacom School of Business – the only Association to Advance College Schools of Business (AACSB) accredited business program in South Dakota – adopted a Professional Code of Ethics. By adopting these standards, the Beacom School of Business is one of only 61 accredited business schools (out of 464) to have its own code of ethics. Earlier this month, students in the Beacom School of Business also voted overwhelmingly to adopt a Student Code of Ethics joining 165 AACSB accredited schools (out of 464) to have a student honor code.
According to Michael Keller, dean of the Beacom School of Business, these ethical business principles put USD's aspirations well beyond official policies of the University and are applicable to general business situations.
"Our faculty is guided by a passion for the value and distinction of higher learning," Keller said, "and we recognize that as role models for future business professionals, it is not only imperative that Beacom School of Business faculty and administration follow ethical business practices, but also demonstrate commitment to linking ethical theory with practice for tomorrow’s business leaders. Such aspirations are called leadership."
Prompted by new AACSB standards that require business programs to establish expectations for ethical behavior by administrators, faculty and students, the Beacom School of Business adopted a professional code of ethics to promote the qualities of honesty and integrity, and to help build a reputation for fair and ethical business practices. Using a grant from the Beacom Opportunity Fund, the Beacom School of Business formed its own research team last spring to gather information, draft rules and set standards for best business practices. A final draft of the Beacom School of Business Student Code of Ethics is available by going online at www.usd.edu/business/docs/AdobePDFs/StudentCodeofEthics.pdf while a draft of the Beacom School of Business Professional Code of Ethics can be viewed at www.usd.edu/business/docs/AdobePDFs/FacultyCodeofEthics.pdf.