This is the second of two installments of business books that come recommended by Oxford University’s Saïd Business School as top pre-MBA reading. These recommendations are supplied by professors currently teaching MBA students at the school. The list is varied; the following eight business books cover topics and genres that include cultural history, behavioral economics, politics, leadership, organizational culture as well as rowing and historical fiction – ok, so they may not all be ‘business books’, strictly speaking, but they all have their relevance. Indeed, this is pre-MBA reading that should give you plenty of food for thought, and are a great lead-in to the first weeks of business school.
1. Thinking, Fast and Slow by Daniel Kahneman
Daniel Kahneman is a renowned Nobel prize-winning psychologist and distils a lifetime of research as a behavioral economist in Thinking, Fast and Slow.
“This is one of the most widely referenced books of recent years. It explains how our brains work through two systems and thus, the limits to humans as rational beings. It introduces the ideas of cognitive biases and how these profoundly influence the way we see the world and react to the environment around us, the influences upon every aspect of decision making, from strategy to everyday purchases.
“[The book is] great prep for every MBA course, from finance to marketing to leadership,” says Tim Morris, professor of management studies at Saïd Business School.
2. The Prize: The Epic Quest for Oil, Money & Power by Daniel Yergin
In The Prize, Pulitzer prize-winning author and vice-president of IHS Energy Consulting Daniel Yergin, explores the history of oil and the struggle for wealth and power that inevitably surrounds it.
“While admittedly long, this book rewards prospective MBA students with a consummate story of both entrepreneurs and large businesses in a global economy. Before technology, there was oil. Yergin tells a story that will inspire budding entrepreneurs while reminding them that when it comes to money, politics will always matter,” says Hiram Samel, associate professor of international business at Saïd Business School.
3.An Instance of the Fingerpost by Iain Pears
An Instance of the Fingerpost is a deviation from the usual professor's pre-MBA reading list of business books. In this instance we have a novel, set in the 1660s, that tells the story of Sarah Blundy, a young woman and fellow of New College, Oxford, who stands accused of murder.
“This is an historical novel that seamlessly weaves the history of science into a murder mystery. The twist: The book tells the same story from four different perspectives; each one entirely plausible until you read the next one. My favourite book of all time and a timely message: Keep questioning!” says Michael Smets, associate professor in management and organization studies at Saïd Business School.
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