Saїd Business School and The Pershing Square Foundation Announce Scholarship Programme for the Oxford 1+1 MBA Programme
The Oxford 1+1 MBA programme is an innovative programme designed to revolutionise business education. It allows students to pair the one-year Oxford MBA with one of a selection of one-year Oxford masters programmes, providing a two-year Oxford postgraduate experience that combines the depth of study of a specialist masters with the management and leadership breadth of an MBA. The Pershing Square Foundation has established the Oxford Pershing Square Graduate Scholars Programme which will fund up to five fully funded Scholarships each year for the MBA component of the 1+1 programme, which will help extraordinary individuals to develop and realise their potential as future global leaders who are committed to addressing world-scale social challenges. The scholars will have to pledge to donate back the value of the scholarship should their means allow. The Pershing Square Foundation has made a gift of £4.5m to endow the Scholarships in perpetuity. The University of Oxford has provided a further £3m under the Oxford Graduate Scholarship Matched Fund, taking the total Scholarship funding to £7.5m.
Commenting on the scholarship programme, Professor Peter Tufano, Dean of Saїd Business School said ‘This unique “depth plus breadth” approach will redefine business education and provide a rich and unrivalled learning experience for these strong leaders of the future. The combination of the two spheres of learning and the creative ways in which they will reinforce each other, will well-prepare students for successful and impactful careers, addressing the issues that will challenge us far into the future. Our hope is that, over time, the Pershing Square Scholars will grow into a powerful and insightful community, supporting each other to secure social change. Increasingly, it is essential for successful change makers to have strong technical skills and domain knowledge in conjunction with rich management training. The Oxford 1+1 MBA programme is designed to address the complexity of the challenges which will be faced by the next generation of business leaders, and will point the way forward for 21st century postgraduate business education. At Oxford we are uniquely positioned to combine the learning from across a world-class University with the insights of a rigorous and highly-respected one year MBA.’
The first five Oxford Pershing Square Scholars will join the 1+1 MBA programme in Autumn 2014.
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