ABSTRACT
Firms vary enormously in size and this variation demands different approaches to management problems. Turning aside from business studies designed for younger students, there is also a large measure of agreement on the broad principles of management training and education. The most important development, however, is likely to come from the proposal made by Lord Franks and accepted that two graduate schools of business should be established, one to be based on London University and the other on Manchester University. The Diploma in Management Studies has attracted considerable interest and discussion since its introduction in 1961 but it is likely that the future pattern dominates more by the effect of the Robbins Report as supplemented by the Franks Report. The barriers to effective management education are clearly difficult to overcome. For this reason it is important to distinguish those which can be surmounted in the fairly short term from those which constitute a longer-term problem.
