Unlike most universities, Portugal’s University of Porto has delegated its mission to educate future business leaders to two schools: the School of Economics and Management (FEP) and the Porto Business School (PBS). FEP is a regular school of the University of Porto. PBS was set up as a separate legal entity – an association of the university and 36 organisations, including some of the largest companies in Portugal. While FEP offers undergraduate, MSc and PhD programmes, PBS targets working professionals and corporations through its MBAs, executive education and customised in-company programmes.

Though FEP and PBS are autonomous schools, as we think about impact in its multiple dimensions, it becomes clear that the two schools are not de facto, independent. The full extent of their educational impact cannot be identified separately. With non-overlapping programme portfolios and target groups but partially overlapping resources (part of FEP faculty also teach PBS programmes); and alumni networks; financial, educational and business development impacts; as well as the impact on the regional ecosystem the two schools are deeply intertwined. For us, thinking in terms of impact was tantamount to thinking about how the strategies of the two schools were linked and how they should be aligned for maximising impact.

Read more from Ramon O’ Callaghan (PBS) and José Varejão (FEP) abut their BSIS experience in EFMD’s latest Global Focus article .