College of Law big business

The College of Law is rolling out an initiative to boost students&#39 business acumen to all of its branches following a successful pilot in Birmingham.

The business game is a response to widespread criticisms that current law students lack commercial savvy.

Run by the College of Law&#39s Birmingham branch and sponsored by the Bank of Scotland, DLA and Birmingham-based chartered accountants Bentley Jennison, teams of students were asked to monitor the performance of an imaginary furniture company during an academic term.

The winners of the Birmingham competition – who scooped a trip to Brussels – raised the gross profits of their fictitious company from 33 to 43 per cent, while the share price grew from £2.50 to £3.12.

John James, College of Law Midlands director of external relations, said the project had succeeded in helping to boost commercial awareness. “It&#39s really made the difference to standard, textbook learning initiatives,” he stated.