Financial Blockbuster

Last week I went to an event Higher Education Entrepreneurship Group event on Financial Literacy for Entrepreneurship: What to teach, and how?

This event focused on what’s important for students of enterprise and potential entrepreneurs to learn about accounting and finance, and how best to teach it.

It was an opportunity to discuss, share practice, get new ideas, and network with colleagues across the sector.

One of the most engaging and accessible sessions of the day was by Lionel Bunting of the University of Chichester, who brought a little glitz and glamour to the more mundane aspects of business planning.

Lionel showcased a creative and practical approach, designed to change the way students see and think about business problems and aspects that they’re more likely to shy away from.

With his contextualised real world based exercise; a film festival, he gives students the opportunity and ability to get to grips with all aspects of planning such as operations, marketing, generating income and forecasting sales. Setting up a business can be fun, teaching students practical enterprise skills should be equally as fun.

The talk and presentation was based on a case study workshop Lionel developed on the planning and costing out of a film festival event for an independent cinema. The workshop enables students to work with and develop a range of enterprise and employability skills as well as learn about a business model and sector.

There were other great examples of best practice shared on the day and you can see some of them here.

To hear about best practice we’re sharing on, please register with LEEN (Lancaster University Enterprise Educators Network) and to share yours drop us a line and we will happily post about it on our blog.