Monday, February 16, 2009

MBA schools face up to crisis

Posted by Craig Rozelle

PHILADELPHIA (Reuters) -- In 2001, Cristina Mariaca watched the dot-com bubble burst while working as an analyst at the Latin American unit of Internet giant AOL in Ft. Lauderdale, Florida.

Today, she's in business school, where a global financial collapse that dwarfs that earlier meltdown has prompted soul-searching among business academics about corporate responsibility and governance and a re-examination of risk models that failed to predict such disasters.

"I didn't understand how this could continue to happen," said Mariaca, 30, as she prepared last month for the inaugural lecture of a new financial crisis course at the University of Pennsylvania's Wharton School. "There's a blindness to financial analysts."

No comments:

Post a Comment