Sum achievement for Colyton's accountancy students
PUBLISHED: 11:22 30 November 2016 | UPDATED: 08:42 05 December 2016
Business-savvy students from Colyton Grammar School beat off competition from 15 other local teams to win the Exeter heat of a national business and accounting competition.
Some 96 local students took part in the regional round of BASE - a competition run by the Institute of Chartered Accountants in England and Wales (ICAEW).
They 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 its board of directors, just like real chartered accountants.
The Colyton Grammar School team impressed the panel of judges and will go on to represent the South West at the national final, which takes place in June.
A team from Blundell’s School was the runner-up and all teams can be rightly proud of their achievements in dealing with a very demanding business challenge, said organisers.
This was one of 43 heats attracting more than 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.”
Mr Blake 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 the classroom.”
Caroline Smale, head judge and president of ICAEW 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.
“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.”