AbstractObjectiveWe introduce the concept of moral beacons—individuals who are higher in moral character than their peers and prominent within their social environment—and examine the degree to which moral beacons increase the moral awareness of their peers.BackgroundUsing data from cohorts of students in graduate business education across two universities, we applied theory and methods from organizational behavior, personality psychology, and social networks analysis to test two research questions about moral beacons.MethodWe used latent profile analysis of data from personality questionnaires and social network surveys completed by graduate business students at two universities (N = 502) to identify individuals classified as moral beacons. We used peer nominations and an in‐class business case discussion exercise to assess moral influence.ResultsLatent profile analysis identified a latent class of moral beacons in our sample. These individuals received more nominations from their peers in end‐of‐class surveys as guides for moral thought and action and positively impacted the moral awareness of their peers in a discussion of a difficult business case about possible lead poisoning of employees, but did not significantly change their counterparts' moral awareness in a different case.ConclusionsThese results provide promising initial evidence that moral beacons can be distinguished from their peers by both moral character and social prominence and can act as guides for others, at times encouraging greater consideration of the moral aspects of situations and decisions. As these results are the first of their kind, we encourage further replication and investigations of moral beacons and moral influence in other settings.