commercial awareness for students

Commercial Awareness For Students | 75 followers on LinkedIn | One easy way to improve your exam technique, Southern Cross Uni law school to trial the “sex-mester”, The rise of video interviews for law students, ANU closes practical legal training program (GDLP), cites competitive pressures. Whether you're applying for training contracts, vacation schemes or legal work experience, you'll be judged on your ability to analyse the wider business world. The Open University Commercial Awareness Society’s (OUCAS) aim is to keep students up to date on current affairs and their impact on society, particularly the business and legal sectors. Follow us for bitesize updates of important business news updates. BIUCAC was established to provide opportunities for non-Russell Group students to develop commercial awareness and to highlight the overlooked talent at these law schools. Commercial awareness is a skill all commercial lawyers will need to master, whatever stage in your training you're in. Over the course of five rounds, students will research key topics that any City solicitor should understand, from the FTSE 100 to worldwide economic global affairs and essential business concepts. Your email address will not be published. OUCAS also provides networking and educational opportunities such as the OUCAS-Linklaters Commercial Awareness Workshop. Open University Students Association (OUSA). Click here to let us remember your preference and hide this message. Commercial Awareness. Registered Charity number 1183837/SC049546. Commercial awareness for a future lawyer can be split into two categories: things that relate to law firms as businesses themselves, and things that affect the clients for whom the firms work. The Open University Commercial Awareness Society’s (OUCAS) aim is to keep students up to date on current affairs and their impact on society, particularly the business and legal sectors. identifying the best case and worst case scenarios. Commercial awareness is incredibly important for law students. BIUCAC was established to provide opportunities for non-Russell Group students to develop commercial awareness and to highlight the overlooked talent at these law schools. 362 talking about this. Commercial awareness is one of the key skills regularly flagged up by employers as being a skill they need, but which many graduates lack. being able to identify a problem that a business might encounter; thinking about different options to address a problem; finding different ways on how to proceed in any particular situation, including what might help and hinder them; being able to identify what management would consider important, and being able to take this into consideration for the above points; and. Commercial Awareness . While you may not need to analyse business needs, identify problems and design solutions for clients just yet, being commercially aware can help you develop an understanding of what’s actually important for clients. Black, Asian and Minority Ethnic Students Group, Open University Students Educational Trust (Students Charity), Postgraduate Research Student Representation. This exclusive event is designed to enhance the CVs of the contestants and to provide them with 12 valuable prizes at top City law firms. Commercial awareness can be summarised as an interest in business and an understanding of the wider environment in which an organisation operates: its customers, competitors and suppliers. Click on your university from below to access your designated quiz, Prizes shall be issued in 2021 when each law firm will contact the respective winners, The Coach House, Headgate, Colchester, Essex, United Kingdom, CO3 3BT, University of the West of England, Bristol. Learning about business will allow students to present themselves with a better understanding of commercial awareness at an interview. It is all about being able to look at situations from a commercial perspective. This article is aimed at students who have very little understanding of what companies want when they seek 'commercially aware' candidates. Address: PO Box 397, Walton Hall, Milton Keynes MK7 6BE. Win work experience with top City law firms, Enhance your commercial awareness with the Financial Times and BIUCAC 2020, Free Access to FT.com until the end of November for all students signed up to BIUCAC. Ridiculously important. What is commercial awareness? All rights reserved. The problem is that many people don’t really know what it is, or how to apply it. The term commercial awareness is not fixated into an entire definition, as the term can mean many different things to students, trainees and directors. Insanely important. This knowledge will help the contestants understand the commercial environment of law firms and their clients. Despite its name, commercial awareness is applicable to all areas of legal practice (and non legal sectors) and we would encourage students from all faculties to join us and take part in our events. OUCAS also provides networking and educational opportunities such as the OUCAS-Linklaters Commercial Awareness Workshop. This exclusive event is designed to enhance the CVs of the contestants and to provide them with 12 valuable prizes at top City law firms. So here’s your commercial awareness guide. Commercial awareness is important. Company number 12031028. For further details pease Email us with your first name, surname and email address. This website uses cookies to remember your preferences and improve your browsing experience. All information incorporated within this Site is © The Open University Students Association. Put simply, commercial awareness is all about having some understanding of the business world. Terms, Five steps to learning commercial awareness.

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