The Oxford Enterprise Program is designed to provide students aged 16-18 with a summer course consisting of both academic classes in international business and group activities focusing on leadership. The course is aimed at students who plan to study business at University – the business leaders of the future! This program is also available in London and Cambridge. For students aged 13-15, ORA offers an Introduction to Enterprise course.
Students are taught the principles of business management, economics, and finance in small groups, and will be given the opportunity to learn the principles of accounting, finance, marketing, human resources and business ethics. In addition to the academic classes, skills-based workshops will develop the students’ presentation and leadership skills for the benefit of their future business goals. The program will include a competitive element in which students will work as a group to research, design and market a new business idea. The program will culminate with an Enterprise Fair during which students will have the opportunity to present their ideas to others within the school.
By the end of the course, students will be able to demonstrate an understanding of:
- the workings of key economic models, business concepts, and management techniques;
- the different objectives that firms may have;
- the factors that affect total revenue and total cost;
- how managers seek to motivate workers;
- the steps through which businesses progress when they start up and the causes of business failure;
- the ethical issues faced by firms.
Transferable Life Skills
Attendees at the Oxford Enterprise Program are encouraged to work on important key skills during their time with ORA. We believe that the experience of being away from home, living and studying in a college of the University of Oxford or Yarnton Manor, enables our students to develop a suite of transferable skills that go beyond those available to students in their own school environment. Vital for future success in any career, these skills include:
- developing strengths in independence, self-regulation, and self-assessment;
- confidence in dealing with a wide range of new people and situations;
- responsibility for own learning, time management, and working with others;
- communication skills in speaking, listening and presenting effective arguments in a variety of different contexts.
Whom is the Oxford Enterprise Program aimed at?
The Oxford Enterprise Program is for ambitious students who consider themselves budding entrepreneurs or the business leaders of tomorrow. You’ll be aged between sixteen and eighteen, and you’ll think of yourself as a Bill Gates or Richard Branson of the future. You’ll probably count shows such as The Apprentice and Dragons’ Den among your favorite television programs, and you perhaps even see yourself as a future contestant on one of them. Whether you’re intent on setting up and running your own business, or you see yourself rising up the ranks in a multinational corporation, this course is for you. The Oxford Enterprise Program is also suitable for students who merely want to learn more about business, perhaps to support A-level study in a related subject, such as Business Studies or Economics. It’s the ideal background for a business career of any kind, so your longer-term ambitions don’t have to revolve around your becoming a global business giant in order to benefit from attending this course. What’s more, attending this course is a good way of finding out whether or not a business is something you want to pursue at university.
How will the Oxford Enterprise Program help me achieve my ambitions?
We’ve designed the Oxford Enterprise Program to be as useful as possible in giving you the strong foundations you need to get started on the right track for a competitive business career. We’ll introduce you to the background theories, models and ideas surrounding economics and business management, giving you an understanding of how a business works. You’ll develop your knowledge of aspects of running a business, such as accounting and finance, marketing, human resources, market research, business ethics and what makes businesses fail – all valuable preparation for a business career. But, more importantly, we’ll help you put that knowledge into practice by looking at real-life case studies, including a visit to Oxford’s thriving MINI plant. You will also be set fun business challenges of your own: our afternoon workshops are focused on helping you develop hands-on experience of what goes on in business, and typically involve you and your fellow students working together in groups to come up with business ideas and develop the idea to the point at which it could be launched into the real world. These business challenges are one of the most popular elements of the Oxford Enterprise Program. Things get highly competitive as groups of students formulate business ideas and present them along with finance figures, sales, and marketing ideas and a business report. These activities give you a deeper appreciation of what’s involved in setting up and running a business of your own, and of the hard work that goes into developing, researching and bringing a product or service to market. On top of this deeper understanding of the workings of a business, you’ll also develop your skills in certain areas that will benefit your business experience and acumen. Examples include – but are by no means limited to – the following:
- Leadership and management – to be successful in business, you’ll almost certainly find yourself having to manage other people. To do this effectively and get the most from your employees, you’ll need to become adept at motivating other people. While this course doesn’t claim to transform you into the perfect business leader in just two weeks, what it will do is give you an understanding of the techniques managers can use to motivate their employees.
- Presentation skills – presentations are a fact of life when you’re in business when you’ll have to pitch your business ideas, products or services to clients, customers and investors. If you dislike having to give presentations at school, or you simply feel that there’s room for improvement in your style and technique, this is your chance to conquer your apprehension and learn how to deliver a slick and impressive presentation.
- Working in teams – most top business people will tell you that business is fundamentally about getting on with other people; it’s why networking is so important. People like to do business with people they like and enjoy working with, and being personable will get you a long way in the world of business. The Oxford Enterprise Program gives you invaluable practice at working effectively with others, which is one of the most fundamental aspects of building a name for yourself. To succeed in your career, you need to be able to rise above the sort of squabbles you see on The Apprentice, and you need to develop your ability to contribute ideas, articulate your opinion calmly, and praise the efforts of others. You’ll have the opportunity to do all these things and plenty more during your time at Oxford Royale Academy.
Why attend the Oxford Enterprise Program now?
This summer course makes ideal preparation for a business degree, as it introduces you to the concepts you’ll cover in more depth at university, giving you a headstart. What’s more, it’s a way of demonstrating to university admissions tutors that you’re serious about pursuing your goals, and it’s highly relevant experience to talk about in your personal statement. Attending the Oxford Enterprise Program will benefit your A-level studies, too, and not just Business Studies. For example, the presentation skills you’ll build on during your time with us will come in handy for the presentations you’ll have to give at school (and university beyond that). Your attendance at the Oxford Enterprise Program will also be a great addition to your CV, as it shows potential employers that you understand more about business than most other applicants. This can be a great benefit even if you’re only looking for short-term work, such as a part-time Saturday job to fit around your studies; it sets you apart from other candidates, shows that you’re someone who takes business seriously, and demonstrates that you’re someone who’s eager to learn from your experience with that employer. With such wide-ranging benefits to this enjoyable summer course, it makes sense to devote a couple of weeks of your summer holidays to coming to Oxford Royale Academy.
Eligibility and Pre-requisites
Students on the Oxford Enterprise Program:
- Must conform to our Age Policy.
- Must be fluent or near-fluent English language speakers – if you are unsure whether your English level is suitable for this program, please contact our Registrations Team on firstname.lastname@example.org and they will be able to assist you.
- Must be able to fulfill the basic requirements of the program, in terms of attendance at lessons, meals, and events. Please contact our Registrations Team for more detailed information.
- Should check the pre-requisites of each option they select before enrolling, to ensure they possess the necessary knowledge to benefit from the subject matter discussed in the classes.