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. 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. Open University Students Association (OUSA). This website uses cookies to remember your preferences and improve your browsing experience. Commercial awareness is important. The problem is that many people don’t really know what it is, or how to apply it. Address: PO Box 397, Walton Hall, Milton Keynes MK7 6BE. Commercial awareness is incredibly important for law students. Click here to let us remember your preference and hide this message. Follow us for bitesize updates of important business news updates. Your email address will not be published. Commercial awareness is one of the key skills regularly flagged up by employers as being a skill they need, but which many graduates lack. OUCAS also provides networking and educational opportunities such as the OUCAS-Linklaters Commercial Awareness Workshop. Registered Charity number 1183837/SC049546. 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. So here’s your commercial awareness guide. 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. 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 . 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. 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. Commercial Awareness. Learning about business will allow students to present themselves with a better understanding of commercial awareness at an interview. Black, Asian and Minority Ethnic Students Group, Open University Students Educational Trust (Students Charity), Postgraduate Research Student Representation. 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. This article is aimed at students who have very little understanding of what companies want when they seek 'commercially aware' candidates. 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. 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. 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. identifying the best case and worst case scenarios. What is commercial awareness? It is all about being able to look at situations from a commercial perspective. 362 talking about this. Commercial awareness is a skill all commercial lawyers will need to master, whatever stage in your training you're in.
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