MBAs In Large Corporations May Want To Invest In Small Business
May 11, 2010
By the My MBA Career Content Team – Find Top MBA Degree Programs
As Wall Street reform continues to be a hot issue, many bankers are wondering what can be done to help clean up their image. As a result, MBAs who are looking to enter the world of finance may want to consider investing in small businesses in order to bolster their ethical appearance.
Some experts believe that if large financial organizations want to revamp their image, they will have to invest in small businesses in inner cities, according to BusinessWeek. One of the biggest criticisms financial giants are facing is that they are not providing enough support to small firms, blocking improvement in the economy.
With the creation of small firms, many inner cities can bolster their business image and also supply jobs to individuals who may not receive work otherwise, some experts told the news provider.
The reform plans may change the way that MBAs are taught in their respective programs. President Obama has been urging for a change in Wall Street so the government would not have to bail out the banks again. Some MBA programs are putting a stronger focus on ethics to ensure another financial collapse does not happen, according to USA Today.
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