Ethical Behavior and Standards of Practice: "The M.B.A. Oath"

Oaths are significantly more than a written code, by which professionals are responsible for abiding. Oaths are moral binding fiber which encapsulates business associates, consumers, industries, products, society, and stakeholders: the core of ethics and professionalism.

In 2008, Data Sources uncovered that a mere 8.8% of the United States population 25 years and older posesses a Masters Degree, 1.5% wield a Professional Degree, and astoundingly 1.3% hold Doctoral Degrees (Data Sources: Graduate Degree Attainment of the U.S. Population).

Creation of the M.B.A Oath:
In 2009, several Harvard Business School students created "The M.B.A. Oath" (http://www.mbaoath.org/). The birth of "The M.B.A. Oath" is attributed to the persistence and perseverance of business students. "The M.B.A. Oath" is the written vehicle, which drives additional value in the M.B.A. Degree. Their motivation was due to historical standards of practice associated with professions such as attorneys, scientists, and entrepreneurs. Moreover, "The M.B.A Oath" created unity and synonymous standards of practice in the overall business sphere.

Generation Y experienced first-hand effects of unethical decisions: Economic destruction and utter dismantling of Wall Street. For the past three (3) years Generation Y continually endures the results of unethical behavior, greed, and dishonesty among industries, professionals, and consumers.

Generation Y is coping by living through one of the worst economic downfalls since the Great Depression. We are educated, intelligent, and ultimately living proof of the American Dream!