Teenagers show off their business brains
A group of teenagers from Morpeth's high school demonstrated excellent business acumen to win a regional heat of a national contest.
The students defeated seven other teams on Tyneside earlier this month and will now take part in the final of the Institute of Chartered Accountants in England and Wales’ (ICAEW’s) business and accounting competition – BASE – at Birmingham in June.
They impressed the judges with their collaboration and strategic thinking.
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.
Assuming the role of ICAEW chartered accountants, the students (aged between 16 and 18) had two hours to analyse a business situation before presenting their ideas to a panel of top business professionals.
Head judge Rob Tindle, president of the Northern Society of Chartered Accountants, said: “In the final presentations, we looked for the ethical and financial rationale that supported the decisions made by the teams.
“The students from King Edward VI School showed excellent teamwork and role allocation in delivering a very comprehensive recommendation.”
Businesses and organisations, including EY, Faithful+Gould, Homes and Communities Agency, KPMG, National Audit Office, Newcastle University Business School, Tait Walker and UNW Chartered Accountants provided professional mentors for the students and/or judges for the BASE heat in Newcastle.
Rebecca Taylor, business teacher at KEVI, said: “The group of students produced a very well thought out professional presentation and business recommendations.
“I was extremely proud of their performance and, above all, pleased to see the enjoyment they got from the day.”