How a B-School Deals With Global Economic Slowdown

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The Dean of Saïd Business School of the University of Oxford, Peter Tufano, has mastered the model of a “business school embedded within the University”. He recently visited India during the Oxford India Business forum and talked about what plans the business schools has for India and the latest trends in business education. Read on to find out.

Evolution Of Management Education

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Tufano explained that the basic approach adopted by the B-school is focussed on delivering education which is entrenched as a part of the Oxford University. He said “What that means is rather than looking at things separately, we try to take advantage of their faculty and the university experience.”

The institute offers a “one plus one programme” which allows learners to study for 2 years and pursue a master’s degree in specialised topics. The students can study an MBA during the 2nd year to merge management skills with technical expertise.

Impact Of International Economic Slowdown

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Tufano added “Our programme is remarkably international and by that I mean that everyone in the school is a minority. We have about 20 per cent of our student composition from North America, 18 per cent from Europe including the UK, 6 per cent from Africa and 6 per cent from India.”

As a result, all students in the school experience an environment where all of them contribute to create a larger world during the programme. Regarding the teaching approach, he said that the institute has “an equivalent of that diversity”. The curriculum developed for the programme depicts where the students come from and is significant to where they might go to. He said “We try to make sure our student body reflects the overall composition of the evolving business schools which sets it apart from the ups and downs.”

Upcoming Plans For India

According to Dean Peter Tufano, the reputed English business school has some prominent plans for Indian students. He added “We have had a week long standing arrangement in India – through the forum where we have our people from Oxford engage with people from India to talk about responsibility in business. Also, it is very important to us to get a sizeable number of students from India into our programme so that India can be well represented. Additionally, we want to make sure that our Indian alumni continue to be nurtured in their career.”

However, the institute currently has no plans of opening a new campus in India. Tufano explained that the distinguishing advantage of Saïd Business School is that the institute offers “business education embedded in the context of a university.” The educators and administrators can do this effectively as they are physically present in Oxford university and they can allow their students to interact and communicate with students from non-business disciplines at the university.

Moreover, this system enables the faculty of the B-school to work together with non-business faculty. Tufano said “…unless Oxford as a university would make a decision to conduct a lot of activities here, we would be unlikely to come by ourselves.”


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