A business student studying to obtain an MBA should be aware of the ethical and compliance challenges that they will face upon graduation. There are a few steps that an MBA can take in order to manage these challenges effectively. First, the student should understand the concepts of ethics and compliance. Second, the student should have a good understanding of the company's culture and how it relates to the ethical and compliance challenges. An MBA who wants to work in a corporate setting must be aware of the ethical and compliance issues that can arise. Managing these issues is a complex task and requires both business acumen and knowledge of the law.