Sixth form students from across the North East were given the opportunity to run a university for the day.
The fictitious academic institute, Cromwell University, was created as part of the first annual Sixth Form Management Games. The students each assumed the role of a member of the university’s management team and were tasked with juggling the relationship between the university budget, student needs and many other, often contradictory, objectives.
The game, devised and run by the Chartered Institute of Public Finance and Accountancy (CIPFA) is intended to help fill a gap in Business Studies courses, which concentrate on commercial activities and often do not cover the public sector in any way.
Three schools participated in the day’s events. Heaton Manor Comprehensive in Newcastle, Cramlington Learning Village and St Thomas More RC Academy in North Shields.
St Thomas More RC Academy was the eventual winner on the day, but the competition was incredibly close with only four points separating first and third place.
All the participants were mentored during their day by student or qualified CIPFA accountants who advised their charges on all aspects of what proved to a daunting but exciting experience.
George Clark, CIPFA's lead volunteer said,
“CIPFA extend their thanks to the volunteers who gave up their day to help the students, their teachers and the students themselves who embraced the challenges and made the whole day so much fun and a pleasure for everybody involved.”
One of the participants on the day commented,
“Students learned teamwork and independence skills, interview and presentational skills, how to cope under pressure, building confidence. They also learned a lot about themselves and their strengths and weaknesses.”
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Notes to Editors:
The Chartered Institute of Public Finance and Accountancy (CIPFA) is one of the leading professional accountancy bodies in the UK and the only one which specialises in the public services. It is responsible for the education and training of professional accountants and for their regulation through the setting and monitoring of professional standards. Uniquely among the professional accountancy bodies in the UK, CIPFA has responsibility for setting accounting standards for a significant part of the economy, namely local government. CIPFA’s members work (often at the most senior level) in the public service bodies, in the national audit agencies and major accountancy firms. They are respected throughout for their high technical and ethical standards and professional integrity. CIPFA also provides a range of high quality advisory, information and training and consultancy services to public service organisations. As such, CIPFA is the leading independent commentator on managing and accounting for public money.