Table 5 : Ethics in Finance Modules
Module Topics Outcomes
1 Relevance of Ethics > Example case study and analysis of causes of failure and opportunities to improve
2 Introduction to professional ethics > What Ethics are and are not > Sources of Ethics – essential metaphysics > Normative ethical frameworks : Virtue ethics , Deontology , Utilitarianism ,
Feminist Care ethics
1 , 4
2 , 3
Principle 3
3 Critical analysis of values : > Industry – relevant hypothetical scenario introduced for students to complete . Response is then critically analysed against their previously articulated Values . > Introduction to moral imagination > Tragedy of the Commons illustration > Review of original case study using this tool
4 Introduction to ethical judgement > Introduction of cognitive biases to illustrate further limits of ethical frameworks > Transition from personal ethics to interactions with others and limitations on communication due to biases
5 Legal factors and their intersection with ethics > Review of Institutional Codes of Conduct / Ethics > Review pertinent legal frameworks that apply to the sector and their strengths and weaknesses > Discuss the intersection / contrast / conflict of law and ethics
6 Sociological factors > Implications of culture , social norms , emotions and other subjective factors for ethics > Integration of the factors into ethical frameworks
7 Introduction to organisational power dynamics > Review various sources of power in a sociological and professional environment and their interaction > Review how power moves within these environments and implications for professional conduct > Implications for professional conduct , including whistleblowing
8 Introduction to conflict resolution > Review of industry case studies illustrating role of conflict resolution in ethics and vice – versa > Review of sociological factors and cognitive biases and their implications for conflict
9 Best practice > Case study illustration of a highly ethically successful organisation , causal factors and management processes > Review against Industry Codes of Ethics and legal frameworks to illustrate their contribution to this success
1 , 2 , 3
3
5
4
4
4 , 6
5 , 6
10 Course recap , review and evaluation 1 , 2
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