Welcome To Ethics in FinanceClass 4:Personal Ethical Development Through SelfReflection, Emotional Intelligence andContemplative PracticesBSUS 6950Instructor MeirEthical Mindfulness
The world will ask youwho you are, and if youdon’t know, the world willtell youCarl Jung
Learning Objectives1.Uncover one dangerous cognitive bias that 67% ofthis class has2.Gain insights into how “situation” influences“character”3.Gain insights into role of mind-body-emotions inethical decision making4.Learn the 4 core skills of Emotional Intelligence5.Explore 3 strategies for improving self awarenessand self regulation6.Experience 2 mindfulness tools for mentaltraining and developing “voluntary control” ofmind
Class Ethicality Self-AssessmentClass Average:7.17 Rating0123456789100510152025BSUS 6950 SELF RATING
Results: Insider Trading SurveyResults:•13 students said yes•9 students said no•59% of BSUS 6950 wouldbreak the law for a $20million gain if guaranteednot to get caught
88% believeethical59% wouldinsider tradeClass Survey ResultsHuman Conflict?67% Moral Overconfidence/ Illusion of Morality
Practicing Moral HumilityNitan Nohria,Dean, Harvard Business School
Buzz Questions1.In the Milgram experiments, how much weightwould you place on the character of the personsinvolved?How much on the situation?2.Have you been in a situation where you felt thatyou were behaving in a manner that was at oddswith your character?What was it about thesituation that influenced your character?
