Compliance efforts in every organization are critical for effective work. They not only ensure the company follows the regulations within their industry, but that the organization does not undergo any ethical misconduct.
Seattle University offers a valuable program – a Master of Legal Studies – in compliance and risk management. By the end of our MLS Degree Online, our students are not only able to examine compliance and risk through the legal lens, but they have the ability to perform critical non-attorney roles ethically and with cultural competency regardless of industry or business environment.
Business Ethics and Its Importance
Business ethics refers to implementing appropriate business policies and practices with regard to arguably controversial subjects. It outlines what is right and what is wrong when it comes to how an organization or company is run. Business ethics is important for a myriad of reasons. Notably, it benefits the bottom line of a business. Ethical controversies can be the end for a company. It also helps in other ways, such as employee behavior. Whether it is well-outlined or not, business ethics principles are essential for every company.
The Intersection of Business Ethics and Compliance
As business environments increase in complexity, the risk of ethical misconduct grows. Every industry needs leaders who can apply regulations with a conscience. Technology and digital communication have made it easier to identify and publicize ethical missteps. Most companies have a business ethics program intact. If not, there are policies outlined somewhere to follow. Many issues can arise, including
- Corporate governance
- Insider trading
- Governmental regulations
- Bribery
- Discrimination
- Social responsibility, and
- Fiduciary responsibilities
The law usually sets the tone for business ethics, providing a basic guideline that businesses can choose to follow to gain public approval.
How Seattle University Prepares You
Seattle University’s MLS program in compliance and risk management prepares students for careers as strategic leaders. They become vital contributors to the strategic success of organizations that lead innovation, promote corporate responsibility, and contribute to economic development.
We have five concentration tracks:
- Healthcare Compliance
- Corporate Compliance
- Data and cybersecurity,
- Sports Law, and
- Financial Compliance
Our corporate compliance program in particular graduates students who work to guide corporate principles in their careers. Organizations of all sizes need leaders who can do more than simply meet regulatory requirements. Corporate compliance leaders drive business success through the thoughtful and ethical application of their expertise.
The concentration tracks give our students the tools to go into various careers, including:
- Chief Compliance Officer
- Compliance Specialist
- Compliance Analyst
Our program helps students develop critical, analytical, and creative approaches to problem-solving as they hone their ethical compliance.
Additionally, our program is an online degree. Achieving your MLS degree online allows for flexibility as you continue your education. Most Seattle University online courses will be primarily asynchronous, meaning you don’t need to be online at a specific time. Rather, you can complete your assignments at the time of day that works for you as long as it still meets the deadlines. This way, you can manage other personal and professional responsibilities as you complete your degree.
If you’re looking to take the next step in your education and career through business ethics, risk, and compliance management, Seattle University is the place for you. Contact our admissions office today to get started. lawgraduateonline@seattleu.edu.
