CIMA honours student 'managers'

News Article - 14 July 2008
Category: Business

Students from two schools in Windsor and Devon have been hailed for their entrepreneurial skills by the Chartered Institute of Management Accountants (CIMA).

Year 12 pupils from Eton College and Year 13 students from Plymouth College clinched top spot in the accountancy body's annual Management Competition at the end of June.

While real business bosses can enjoy the advantages of accounting software and other business tools in running their firms, the school teams were challenged to act as consultants for a fictional company with only the resources available to them at college.

This year they were instructed to analyse and market the Shinkendo Oi, a pretend product similar to the Nintendo Wii, which schools and clubs can use for sports practice.

Ray Perry, CIMA director of brand, said: "The great level of strategic thinking shown in the submissions from all the teams demonstrates how well prepared these students will be for the world of business and I expect they will go far in their chosen fields."

In related CIMA news, the National Recognition Information Centre for the United Kingdom (UK NARIC) recently equated the accountancy organisation's professional qualification to a Master Degree.

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