This post orignally appeared on the mbaMission blog.

Recently, the Wall Street Journal reported on the shifting career balance of Harvard Business School’s incoming Class of 2013. Notably, the class will have a higher percentage of students with manufacturing and technology backgrounds, and fewer students with finance backgrounds. According to HBS managing director of MBA admissions and financial aid, Deirdre Leopold, the school does not run with quotas or targets. It is worth noting that this shift is not all that significant “ the finance industry still has the strongest representation in the class.

mbaMission Founder and President Jeremy Shinewald frequently comments on how candidates erroneously try to game the admissions system. The Journal quotes him as saying, You’re going to see guys who worked on one private-equity deal with an auto manufacturer try to play up their auto experience and look ridiculous. Candidates buy into stereotypes for their target schools and become things they think the school wants. As candidates examine the stats, they should keep in mind that they can only be who they are and that they cannot go back in time and change careers. So, they are best creating an authentic picture of themselves in an attempt to set themselves apart from all others (not just those in their fields).

As you may have heard from our partners at MBAmission, HBS has announced its new dean: Nitin Nohria, a professor of business administration. As this Washington Post article points out, one especially interesting aspect of Harvard’s pick is that Nohria has long advocated administering a voluntary MBA oath to create responsibly and ethically. He’s at the forefront of a push to provide MBAs with a more solid background in ethics. Harvard President Drew Faust called Nohria’s appointment an important moment for the future of business. It certainly marks a turning point for business school curriculums.

For years, voices in academia have called for greater emphasis on ethical education for MBAs, but now they seem to be entering a new era of influence.  The Wall Street Journal reports that a recent survey of business-school administrators ranked ethics as currently the most important subject for students. An overwhelming majority of schools surveyed advocated a stakeholder approach to inculcate a sense of corporate responsibility. That growing consensus has translated into new courses and, in some cases, made a significant impact on the entire program. In building the curriculum for Johns Hopkins’ Carey Business School, dean Yash Gupta chose to weave ethics into many courses, rather than cordoning the subject off into a single semester. “We’ll teach students about decision making ” behavioral, rational, how the brain functions ” in the first year, but we’ll also give them chances to make decisions,” he says.

This isn’t simply an academic notion, either. Companies are looking explicitly for ethical qualities in their new hires. According to the Journal, Pascal Krupka, MBA director at France’s Rouen Business School, “Companies, when they used to come to the school, they used to start with ‘We want talented people,’ but now they start their speech with ‘We need people with very good ethics.’

Plus, as the USA Today suggests, the financial crisis has energized this movement in business management education. “If we don’t teach people to sort of look around and have greater peripheral vision, then we’ve just set ourselves up for the next crisis,” says Stephen Spinelli, president of Philadelphia University (and co-founder of the Jiffy Lube).

Whatever the impetus, look out for changes in MBA programs across the world.

Okay, not really. But ace Instructor Jen Dziura IS appearing on the Oprah Winfrey Network giving advice to her younger self on this link on WSJ.com (it makes sense when you watch it)!

Congratulations Jen! 🙂

From the Wall Street Journal, Bschool tuition apparently was tax-deductible for at least one MBA student.  Whether this changes the scenario for MBA students everywhere is still open to question.