The School: Nelson and Colne College

In their first year working with Enabling Enterprise, Nelson and Colne College is an ‘outstanding’ Further Education College, based in Barrowford. In 2016, they celebrated a 99.9% pass rate for A Levels and a 100% pass rate for vocational study. They are home to 1,600 full time students, 3500 part-time adults and more than 600 Apprenticeships, and offer a range of courses to suit all needs. On the day, a group of 21 Year 12 Business students represented the college, arriving with a mix of confidence and trepidation for the day’s events.

The Business: EY, Manchester

Ernst & Young (known as EY) is a multinational professional services firm headquartered in London. Dating back to 1849, the firm now employs over 200,000 people in more than 700 offices in 150 countries in the world. It provides assurance (including financial audit), tax, consulting and advisory services to companies. The 4 EY volunteers, from Audit and Advisory, engaged with the students immediately, sharing their own career journeys and hopes for the future even treating the students to a tour of the Manchester offices. Their enthusiasm for their company and their work was contagious and they supported the students throughout the challenge with passion.

The Challenge: Trading Triumphs

Students were set the challenge of becoming stock market traders where they learned about taking calculated risks and dealing with set-backs. Using their enterprise skills, in particular, Staying Positive and Problem Solving, students worked on behalf of their client, investing money into different companies and deciding which companies would provide the best return in shares. They then eagerly waited for their stock market update to see if they had chosen the right companies to invest in and whether they made or lost any money!

The Results:

The listening and problem solving skills of the teams were tested throughout the three rounds of investment with stocks rising and falling due to events, trends and customer confidence. Rumours abounded the student’s resilience was tested to the limits when social media speculation guided some teams into unwise investments. Throughout the day, the students focused and aimed high to win throughout the day and although there could be only one winner, all teams went away with a sense of pride after their Teamwork and Presenting skills progressed, helping them win over the judges in a hard-fought battle of business pitches.

What they said:

  • “It’s great for the students to visit companies like this, get the experience and realise that job opportunities like this are just a 40-minute journey away. ” – Teacher, Nelson and Colne
  • “The students were so engaged, the discussions they were having were great. We never had anything like this when I was at school. I’d have loved this.” – Volunteer, EY
  • “We absolutely smashed it! It was such a good day. I’m going to apply for EY’s intern scheme, I’d love to work here.” – Student, Nelson and Colne College

Thanks to EY for such a great trip day, and to the staff and students from Nelson and Colne College for coming along.

Enabling Enterprise are working in partnership with schools and businesses to support students to build enterprise skills and aspirations. Find out more by contacting us or visiting enablingenterprise.org

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