A group of accounting and business students at Central College Nottingham have beaten off stiff competition from across the East Midlands to be announced runners up in an Institute of Chartered Accountants in England and Wales (ICAEW) competition.
The annual ‘BASE’ competition invites teams of Business and Accounting students aged 16-19 from schools, academies and colleges to compete in a live business challenge.
The team of six Level 2 AAT Accounting and Business students battled it out against other teams from across Nottinghamshire, Derbyshire and Staffordshire at the event at Notts County Football Club in Nottingham on 16 March. Their task was to impress the industry judges by analysing a business, including its history and financial forecasts, then identifying proposals and innovative recommendations for the business’ success moving forward.
The group received a runner-up trophy at the end of the event.
The group are now considering their next steps, with some looking to progress onto a Level 3 full-time course and others planning to go on to an apprenticeship in accounting.
Working under pressure and improving our time management while completing tasks was reflective of the work environment and it was a great opportunity to meet potential employers, and speak to them face to face, as this opens more opportunities and windows to get into the accounting industry.Student Charley Dexter, 19
Caroline Glorioso, Curriculum Manager for Enterprise and Commerce at Central College Nottingham, said: “The result is a true reflection of both the students’ ability and their team working skills. Competitions like this ensure our students are exposed to situations that reflect the real business world and help prepare them for a career in industry.”
Kayliegh Fisher, AAT Tutor at Central College Nottingham said: “I’m so proud of the accomplishments of the group. Their professional approach to the challenge shows they have really taken on board the employability skills covered in their course and put these into practice.”