Long Road Business Diploma students have been lucky enough to be invited to take part in an Enactus project. Enactus is a not-for-profit community of “student, academic and business leaders committed to using the power of entrepreneurial action to transform lives and shape a better, more sustainable world”. A group of University of Cambridge students decided to run an Enactus project, Venture, designed to teach young people how to run their own mini-businesses, helping them to develop their confidence as well as their entrepreneurial spirit.
Nadia Cameron, Business Diploma Course Team Leader, explains: “The university students, Freya Rowland, Sarah Edwards and Beckie Hunt, invited Mark Edwards, Managing Director of global investment banking and securities firm Goldman Sachs, to come and talk to our Diploma and A level Business students about Goldman Sachs, the current economic climate, and the first principles of starting up and being in business. He had already read the Financial Times by 6.30am this morning, and brought hot off the press the employment figures and details from the minutes of the Bank of England Monetary Policy Committee. He also spoke about internships and described typical Goldman Sachs employees: interesting, academically qualified and from diverse backgrounds.”
Students then had an opportunity to ask questions. “I was really pleased with the standard of their questions,” says Nadia. “It showed that they had been thinking very carefully about what Mark was saying, but had also done their research. They also demonstrated excellent business knowledge and competencies. ”
The three university students then worked with our Diploma students to brainstorm ideas for a 4-week business project. “They will be developing a market for a product to sell in the College. They all got very involved and showed that they have developed excellent practical business skills, from devising unique selling points to working out detailed costings,” adds Nadia.
The new product is currently under wraps, but will be launched during this half term.
“I am really grateful for the time given to us by Mark Edwards and the Cambridge students,” concludes Nadia. “We have worked hard to develop business links for our students, and this excellent project will give our students the skills and know-how to prosper in business and at university, where they too could join their own university’s Enactus programme.”