The winners have been crowned in The College of Law, York’s annual Business Game, in which teams of future lawyers battle it out to prove their commercial acumen.
Sixty law students, divided into 10 teams, took part in the competition, which has run since January and involved managing a fictitious company in the cyberspace laptop market. Highlight of the competition was a ‘Dragon’s Den’-style pitch for up to £4 million of additional investment in front of a panel of College tutors and business and law practitioners.
Members of the winning team, called Azure, were presented with a ‘Business Success Box Set for Dummies’.
The winning team in The College of Law’s business game with College staff. Left to right: College tutor Chris Dryland; Azure team members – Andrew McArthur, Richard Day, Karen Reid and Conal McFadyen; College tutor Patrick Hubble.
Patrick Hubble of The College of Law in York said: “The Business Game is an extra-curricular activity run by the College and Marketplace, a market leader in business simulation software. The main purpose is to introduce students to issues of commercial awareness at a level they are unlikely to be familiar with. This is particularly useful for those with their eye on commercial legal practice."
The teams competed in virtual marketplaces over six periods representing financial quarters and encountered different business situations and challenges as the game developed. Their online decisions were processed by Marketplace, which gave results and feedback to the teams at the end of each quarter.