Business-savvy students from Colyton Grammar School beat off competition from 15 other local teams to win the Exeter heat of ICAEW’s national business and accounting competition, BASE on Tuesday 22 November 2016.
What would you do if you were a business advisor for the day? 96 local students found out what it was like to walk in the shoes of finance professionals, as they focused on key employability skills to formulate strategic business advice for a real life organisation and delivered this to their board of directors, just like real chartered accountants.
- Colyton Grammar impressed the panel of judges and will go on to represent the South West at the National Final which takes place in June 2017
- The team from Blundell’s School were the runners up and all teams can be rightly proud of their achievements in dealing with a very demanding business challenge
- This was one of 43 heats attracting over 3,000 students from across the UK
Jon Blake, ICAEW South West, Regional Director said “I was really impressed with Colyton Grammar’s performance and strategic thinking. These budding business advisers looked beyond the numbers and they also showed they had an excellent instinct for business and ethics, in order to give well-rounded advice. Congratulations to all the teams who took part. I expect I’ll be seeing more of these young people in leading business roles in the future.”
He added “Students should not lose sight of the importance of developing skills and experience, alongside their academic achievements. It is vital that students are given opportunities such as BASE to develop these softer skills outside of the classroom.
Caroline Smale, Head Judge and current President of ICAEW Chartered Accountants South West said “During the challenge we looked for the teams who supported their recommendations with ethical and financial evidence. Colyton Grammar showed excellent teamwork and time management in delivering a comprehensive proposal”.
She added “BASE is a great example of how schools, employers and young people can work together to improve skills, and can also give business leaders the opportunity to learn what motivates the next generation of talent.”
Colyton’s team of year 12 students comprises: Yuzhou T, Evie J, Agnes D, Adam L, Rachel H, Harry M.
BASE links schools, students and employers to develop employability skills and provide an insight into what a career in accountancy, business and finance might be like.
The competition has seen more than 13,000 students take part since it began in 2009.
The BASE competition was supported by local firms including Bishop Fleming, PKF Francis Clark, Thomas Westcott, Simpkins Edwards, KPMG, Albert Goodman, CloudApps, Eco Positive, Babcock, Pittards, JGBM, Longhouse Group, SRW Accountants, University of Exeter and Aggregated Micro Power Holdings plc who provided professional mentors and judges.