In the second part of the interview with Mark O’Brien, we find out why Oxford MBA is leading the trend in enabling candidates to pursue Entrepreneurship. We also learned how the MBA program nurtures Social Impact as a lifelong value.
From the 300+ size of the latest class, 11% are starting their Business. That is an incredible record. How does Oxford MBA encourage Entrepreneurship?
Oxford does have a strong cohort of entrepreneurs, both joining the programme and those switching to entrepreneurship after graduation. In addition to the integrative module on entrepreneurship, all students undertake an Entrepreneurship Project and develop a complete business plan which is presented to a panel of invited venture capitalists and other practitioners. Whether the student already runs a business, or they are considering making a move into entrepreneurship, this is a great chance to develop new products or business models in a safe environment.
We also offer an optional co-curricular course called VIEW (Venture Idea Generation Workshop).
Working in teams, participants will practice important entrepreneurial skills such as pitching and presentations, market research, dealing with (and giving) feedback, and business modeling. They will also become familiar with the leading entrepreneurial theories, research, concepts, and frameworks, and apply them to their venture idea in real time.
There is a strong ecosystem of entrepreneurship at the wider University of Oxford.
The Oxford Foundry was opened by Tim Cook, Apple CEO, in October 2017.
This exciting new space, open to all students no matter what discipline of study, will help build a community of innovation across the University. It allows our MBA students to collaborate with students from different backgrounds, to experiment and learn from one another, and to generate ideas and initiatives that will address business and societal issues.
Social Impact is another popular career path. Is the choice in Social Entrepreneurship? If so, how does Oxford MBA help candidates develop the skills to lead, start or mange non-profits?
Yes, we do have quite a number of alumni working in the social impact sector some of which are non-profit, but most are run for profit and designed to address social or environmental benefits. Some have a background in the social impact space and are using the programme to accelerate their career or bring more structured business frameworks to their organisation, and others are considering switching into the social impact space.
In last year’s graduating class, about 10% took up a role in this sector. Of course, all of the core subjects are applicable across the social sector, and there are a number of electives and co-curricular activities open to students such as Social Finance and Rethinking Business.
The Skoll Centre for Social Entrepreneurship based at the school is the leading academic entity for the advancement of social entrepreneurship worldwide. It fosters innovative social transformation through world-class education, cutting-edge research, and collaboration among business, policy, academic, and social leaders. Offering a variety of co-curricular courses, competitions, and events, it provides high potential, socially-minded graduate students across the University with the support, skills, and experiences to pursue their goals.
The Centre awards a number of Skoll Scholarships every year to incoming MBA students who have set up or been working in entrepreneurial ventures with a social purpose, and who wish to improve their knowledge of market-oriented practices to more effectively pursue social change.
The Oxford Foundry
Venture Idea Generation Workshop
The Skoll Centre for Social Entrepreneurship
About Mark O’Brien
Mark is the Associate Director of MBA Recruitment at the University of Oxford, Saïd Business School. He has been with the School since 2016 and has spent a number of years working with aspiring MBA applicants.
Get in touch with Mark (LinkedIn,Call/Email )
2018 MBA Research Guide - Choose your MBA
F1GMAT's Comprehensive MBA Research Guide will teach you how to select MBA programs through a bottom-up approach.
Articulating your Post-MBA Goals and Career Path is the FIRST step. Which program will give you that hike in Salary, Switch in Career, Change in Location or Job Satisfaction?
We cover them all through our extensive analysis.
+ How to Choose the Best MBA Program: Factors to Consider
Define Post-MBA Goals
Pick your Path: Generalize or Specialize
Use Moral Algebra Method
Use Multi-Attribute Utility Theory
Understand the Top 5 Risks
Measure MBA Career Service Team's Effectiveness
Use Bookending to Calculate MBA Admission Chance
Use Net Present Value to Calculate MBA Return on Investment
Don't Fall for the Mere Exposure Effect
Best Practices to find the truth in MBA Information Session or MBA Tour
Comprehensive MBA Research Guide: Includes Top MBA Programs by 19 Specializations:
+ General Management
+ Operations Management
+ Supply Chain Management
+ Luxury Management
+ Information Systems
+ Hospitality Management
+ Leadership Development
+ Military &
+ Top MBA Program Ranking
Top 20 MBA Programs - Tuition Fee (2018)
Top 31 MBA Programs in United States – Total Cost & Salary (2017)
Top 60 MBA – GMAT and GPA (Average & Median)
Top 20 European MBA Programs - Tuition Fee, Total Cost & Salary
Top 20 European MBA Programs (Based on Actual Salary Increase)
Top 20 European MBA Programs (Short-term return on investment)
Top 20 Affordable European MBA Programs
Top 10 MBA in UK – Salary & Fee (2018)
Top MBA Destinations Based on Happiness Index
Top MBA Destinations based on Innovation Index
Top 10 MBA Job Markets based on Cost of living and Purchasing Power
Top MBA Destination: By Economy
+Comparisons - Top MBA Programs
Wharton vs. Columbia MBA (2018)
MIT vs. Stanford MBA (2017)
Haas vs. Ross MBA (2018)
Kellogg vs Ross MBA
Booth vs Wharton MBA
MIT Sloan vs Tuck MBA
IMD vs. INSEAD MBA (2017)
IIMA vs. ISB (2017)
Harvard vs. Stanford MBA (2017)
+ MBA in France (2018)
Top Industries in France
Top MBA Programs in France
Scholarships in France
+ MBA in the UK (2018)
Top Industries in the UK
Top MBA Programs in the UK
Scholarships in the UK
New Visa Rules: Post-Brexit
*Free updates and new Chapters added to your premium account every week